Tilray Brands (NASDAQ:TLRY) Trading 3.3% Higher – What’s Next?

Tilray Brands, Inc. (NASDAQ:TLRY) shares rose 3.3% during mid-day trading on Tuesday . The stock traded as high as $6.72 and last traded at $6.66. Approximately 1,597,170 shares traded hands during trading, a decline of 57% from the average daily volume of 3,713,671 shares. The stock had previously closed at $6.45.

More Tilray Brands News

Here are the key news stories impacting Tilray Brands this week:

• Positive Sentiment: Tilray announced a licensing partnership with The Magnum Ice Cream Company to launch Popsicle® Hard ready-to-drink beverages (5% ABV) in the U.S., leveraging a strong consumer brand and Tilray’s beverage capabilities — potential for new, higher-margin CPG revenue and better retail shelf presence. Tilray Brands Announces Partnership with Popsicle® to Launch Popsicle Adult Beverages
• Neutral Sentiment: Tilray will report Q3 fiscal 2026 results before markets open on April 1 and host a webcast at 8:30 AM ET — this is a near-term catalyst that can drive volatility (positive or negative) depending on revenue, margin progress and guidance. Investors should plan to listen to the call for color on beverage growth, cannabis trends, and margins. Tilray Brands to Announce Third Quarter Fiscal Year 2026 Financial Results on April 1, 2026
• Neutral Sentiment: Recent short-interest data entries appear inconsistent/erroneous (reported as zero/NaN), so don’t rely on them for positioning. If genuine short interest rises, it could amplify downside volatility; at present the data is unclear and warrants monitoring.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on TLRY shares. Canaccord Genuity Group began coverage on shares of Tilray Brands in a research note on Tuesday, January 27th. They set a “hold” rating for the company. Zacks Research raised shares of Tilray Brands from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 11th. ATB Cormark Capital Markets upgraded Tilray Brands from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 10th. Wall Street Zen upgraded Tilray Brands from a “sell” rating to a “hold” rating in a research note on Saturday, March 21st. Finally, Roth Mkm reduced their target price on Tilray Brands from $20.00 to $10.00 and set a “neutral” rating for the company in a report on Tuesday, January 20th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $13.33.

Tilray Brands Stock Down 5.8%

The company has a current ratio of 2.81, a quick ratio of 1.72 and a debt-to-equity ratio of 0.19. The business has a fifty day simple moving average of $7.66 and a two-hundred day simple moving average of $10.42. The company has a market cap of $761.98 million, a PE ratio of -0.30 and a beta of 1.96.

Tilray Brands (NASDAQ:TLRY) last released its earnings results on Thursday, January 8th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.12. The business had revenue of $217.51 million during the quarter, compared to analyst estimates of $211.15 million. Tilray Brands had a negative net margin of 251.69% and a negative return on equity of 6.35%. During the same quarter in the prior year, the firm earned ($0.03) earnings per share. As a group, equities research analysts predict that Tilray Brands, Inc. will post -0.2 earnings per share for the current year.

Institutional Trading of Tilray Brands

A number of hedge funds have recently bought and sold shares of TLRY. Hilton Head Capital Partners LLC acquired a new position in shares of Tilray Brands during the 4th quarter worth approximately $38,000. Schonfeld Strategic Advisors LLC increased its holdings in shares of Tilray Brands by 4.5% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 144,358 shares of the company’s stock valued at $1,304,000 after purchasing an additional 6,182 shares during the last quarter. IFP Advisors Inc increased its holdings in shares of Tilray Brands by 14.3% in the fourth quarter. IFP Advisors Inc now owns 60,318 shares of the company’s stock valued at $545,000 after purchasing an additional 7,541 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position in Tilray Brands by 33.8% during the third quarter. Integrated Wealth Concepts LLC now owns 36,977 shares of the company’s stock worth $64,000 after buying an additional 9,341 shares in the last quarter. Finally, CreativeOne Wealth LLC lifted its position in Tilray Brands by 12.2% during the third quarter. CreativeOne Wealth LLC now owns 87,134 shares of the company’s stock worth $151,000 after buying an additional 9,452 shares in the last quarter. Institutional investors and hedge funds own 9.35% of the company’s stock.

Tilray Brands Company Profile

Tilray Brands, Inc is a global cannabis-lifestyle and consumer packaged goods company engaged in the cultivation, production, distribution and sale of cannabis and cannabinoid-based products. The company develops and markets a diverse portfolio of branded products spanning medical cannabis, adult-use recreational products and wellness offerings. Through state-of-the-art cultivation facilities, research and development efforts, and quality control systems, Tilray Brands aims to deliver consistent, scalable products for a range of patient and consumer needs.

Tilray’s product lineup includes cannabis flower, pre-rolls, oils and tinctures, vapes, edibles and topicals, as well as hemp-derived cannabidiol (CBD) products.