Tilray Brands (NASDAQ:TLRY) Shares Up 8% – Time to Buy?

Tilray Brands, Inc. (NASDAQ:TLRY)’s stock price rose 8% on Tuesday . The stock traded as high as $6.47 and last traded at $6.47. Approximately 3,592,101 shares changed hands during mid-day trading, a decline of 1% from the average daily volume of 3,632,278 shares. The stock had previously closed at $5.99.

Tilray Brands News Roundup

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

• Positive Sentiment: Shock Top (Tilray Beverages) launched “High Voltage,” its first high‑ABV double wheat beer — a product expansion that can help the beverages segment drive topline and margin improvement if it gains consumer traction. Shock Top Launches High Voltage, Its First-Ever High-ABV Beer
• Neutral Sentiment: Q3 preview: analysts expect FY26 Q3 revenue growth (~+10.9%) and narrower losses, which is supportive for the stock, but the report flags margin pressure in both cannabis and beverages — a mixed earnings setup ahead of results. Tilray Brands’ Q3 Earnings on the Horizon: What’s in The Offing?
• Neutral Sentiment: Sector/market context: coverage pieces list TLRY as a watch‑list name amid broader volatility in cannabis and macro concerns (geopolitical risk). These articles keep TLRY on radars but don’t change fundamentals. Best Canadian Cannabis Stocks for Potential Breakouts in March 2026
• Neutral Sentiment: Market commentary lists Tilray among “top stocks to watch” this week amid market turbulence; such mentions can increase trading interest/volume but are not direct catalysts. Top stocks to watch this week: Tilray Brands, Nike, FactSet
• Negative Sentiment: TD Cowen cut its price target from $10 to $7 (still a “buy”), reducing the implied upside and signaling more cautious near‑term expectations — a pressure point for sentiment despite the maintained rating. Benzinga

Analyst Upgrades and Downgrades

Several research firms have issued reports on TLRY. Zacks Research raised shares of Tilray Brands from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. Wall Street Zen raised shares of Tilray Brands from a “sell” rating to a “hold” rating in a research report on Saturday, March 21st. Canaccord Genuity Group initiated coverage on shares of Tilray Brands in a research note on Tuesday, January 27th. They set a “hold” rating on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Tilray Brands in a report on Wednesday, January 21st. Finally, TD Cowen reduced their price target on Tilray Brands from $10.00 to $7.00 and set a “buy” rating for the company in a report on Monday. Two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $11.75.

Tilray Brands Trading Up 8.0%

The business has a 50 day moving average of $7.46 and a two-hundred day moving average of $10.31. The firm has a market cap of $753.82 million, a P/E ratio of -0.29 and a beta of 1.95. The company has a current ratio of 2.81, a quick ratio of 1.72 and a debt-to-equity ratio of 0.19.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of TLRY. Silverlake Wealth Management LLC acquired a new position in Tilray Brands in the 3rd quarter valued at about $25,000. Oppenheimer & Co. Inc. acquired a new stake in Tilray Brands during the third quarter worth approximately $25,000. Unified Investment Management bought a new stake in shares of Tilray Brands during the third quarter worth approximately $26,000. J.W. Cole Advisors Inc. boosted its holdings in shares of Tilray Brands by 203.2% during the second quarter. J.W. Cole Advisors Inc. now owns 71,890 shares of the company’s stock worth $30,000 after acquiring an additional 48,177 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Tilray Brands in the third quarter valued at approximately $30,000. 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.