Canaccord Genuity Group Has Lowered Expectations for Tilray Brands (NASDAQ:TLRY) Stock Price

Tilray Brands (NASDAQ:TLRY) had its price target reduced by equities research analysts at Canaccord Genuity Group from $4.50 to $4.00 in a research report issued on Friday, Benzinga reports. The brokerage presently has a “hold” rating on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 14.45% from the stock’s previous close.

A number of other equities research analysts have also weighed in on TLRY. TD reduced their price objective on Tilray Brands from $4.70 to $4.50 and set a “buy” rating on the stock in a research report on Monday. TD Securities raised Tilray Brands to a “strong-buy” rating in a research note on Friday, July 31st. ATB Cormark Capital Markets reduced their price target on Tilray Brands from $8.00 to $6.00 and set a “hold” rating on the stock in a report on Monday, September 21st. Zacks Research downgraded Tilray Brands from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 29th. Finally, Weiss Ratings downgraded shares of Tilray Brands from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, September 21st. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $5.90.

Tilray Brands Price Performance

Shares of TLRY traded down $0.10 during mid-day trading on Friday, reaching $3.50. The company had a trading volume of 3,896,765 shares, compared to its average volume of 4,231,105. The company has a market capitalization of $476.03 million, a price-to-earnings ratio of -3.24 and a beta of 1.91. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.37 and a current ratio of 2.21. The company’s 50 day simple moving average is $4.31 and its 200 day simple moving average is $5.03. Tilray Brands has a 1-year low of $3.38 and a 1-year high of $20.20.

Tilray Brands (NASDAQ:TLRY) last issued its quarterly earnings data on Tuesday, July 28th. The company reported ($0.43) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.42). The company had revenue of $281.71 million during the quarter, compared to the consensus estimate of $246.30 million. Tilray Brands had a negative net margin of 13.11% and a negative return on equity of 7.76%. Analysts expect that Tilray Brands will post -0.48 EPS for the current year.

Insider Activity at Tilray Brands

In other news, CFO Carl Merton acquired 10,000 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was bought at an average cost of $4.62 per share, for a total transaction of $46,200.00. Following the completion of the transaction, the chief financial officer directly owned 139,753 shares in the company, valued at $645,658.86. This represents a 7.71% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Over the last 90 days, insiders have acquired 15,000 shares of company stock valued at $69,225. Corporate insiders own 1.60% of the company’s stock.

Hedge Funds Weigh In On Tilray Brands

A number of institutional investors and hedge funds have recently modified their holdings of TLRY. Integrated Wealth Concepts LLC bought a new position in Tilray Brands during the second quarter worth $27,000. Deutsche Bank AG bought a new stake in Tilray Brands in the 2nd quarter valued at about $44,000. Corient Private Wealth LP bought a new stake in Tilray Brands in the 2nd quarter valued at about $53,000. Essential Partners LLC raised its stake in Tilray Brands by 110,137.5% during the 1st quarter. Essential Partners LLC now owns 8,819 shares of the company’s stock worth $57,000 after buying an additional 8,811 shares during the period. Finally, Centaurus Financial Inc. bought a new position in Tilray Brands in the second quarter worth approximately $58,000. 9.35% of the stock is currently owned by institutional investors.

Tilray Brands News Summary

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

• Positive Sentiment: Tilray reported record first-quarter revenue of approximately $257.1 million, up 23% year over year, while gross profit increased 35% to $77.5 million and gross margin expanded to about 30%. Tilray revenue rises as beverage business drives record quarterly sales
• Positive Sentiment: The beverage segment was a major growth driver, generating roughly $101 million in revenue, with sales reportedly up 82%. BrewDog also reached profitability, supporting management’s strategy of diversifying beyond cannabis. Tilray Q1 2027 earnings call transcript
• Positive Sentiment: International operations continued to accelerate, with EMEA revenue rising 71%, led by medical cannabis, beverages and pharmaceutical distribution. Tilray reduced debt by $42 million during the fiscal year and reaffirmed fiscal 2027 adjusted EBITDA guidance of $68 million to $75 million. Tilray fiscal Q1 2027 results
• Neutral Sentiment: The results suggest Tilray is building growth without relying entirely on potential U.S. cannabis reform, as beverage and European medical-cannabis expansion helped offset softness in Canada. Options commentary is nevertheless optimistic, pointing to expectations for a near-term rebound. Tilray finds a path to growth without waiting on U.S. cannabis reform
• Negative Sentiment: Investors focused on the bottom line and the revenue miss: reported revenue of $257.1 million trailed the roughly $266.3 million consensus, while Tilray posted a loss and swung to an adjusted loss. Tilray swings to adjusted loss
• Negative Sentiment: Cannabis sales declined, raising concerns that the company’s core business is weakening despite beverage growth. The stock is trading near its 52-week low and below both its 50-day and 200-day moving averages, reinforcing bearish technical momentum. Tilray record revenue masks shrinking cannabis sales

Tilray Brands Company Profile

Tilray Brands, Inc is a global consumer packaged goods company focused on cannabis, beverage alcohol, wellness and consumer products. The company develops, produces, distributes and markets a range of cannabis products, including dried flower, pre-rolls, vapes, edibles and medical cannabis products, subject to applicable regulations in the markets it serves.

Tilray also operates beverage alcohol businesses, including craft beer, spirits and other alcoholic beverages. Its portfolio has included brands such as SweetWater Brewing Company, Montauk Brewing Company and Breckenridge Distillery.