Tilray Brands (NASDAQ:TLRY) Trading Down 5.1% – Should You Sell?

Shares of Tilray Brands, Inc. (NASDAQ:TLRY) dropped 5.1% on Wednesday . The company traded as low as $6.06 and last traded at $6.14. Approximately 5,561,215 shares were traded during mid-day trading, an increase of 52% from the average daily volume of 3,666,924 shares. The stock had previously closed at $6.47.

Key Headlines Impacting Tilray Brands

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

• Positive Sentiment: Record revenue and international cannabis momentum: Tilray reported Q3 net revenue of roughly $206–207M (≈+11% organic), driven by a 73% increase in international cannabis revenue and strong flower volume growth — a core top-line win that beat consensus. Tilray Q3 press release
• Positive Sentiment: Beverage brand expansion and partnerships: Tilray is expanding its beverages business (Shock Top new high‑ABV beer) and announced a Popsicle-branded RTD alcoholic beverage partnership, plus the BrewDog acquisition to scale international craft beverages — strategic growth drivers for non-cannabis revenue. Partnership/coverage article
• Neutral Sentiment: Earnings call color and guidance: Management released Q3 results and a call transcript that reiterated progress on international expansion and beverage strategy; the company reaffirmed FY26 guidance but investors are parsing margins and segment trends. Earnings call transcript
• Negative Sentiment: Profitability and EPS confusion: Although revenue beat, results showed a reported loss per some outlets (Zacks flagged a $0.24 loss vs. est. $0.14), and margin pressure in cannabis and beverages raised concern that top-line strength isn’t yet translating into consistent profit improvements. Zacks coverage
• Negative Sentiment: Analyst downgrade and lower price targets: TD Cowen and other outlets lowered expectations / price targets after the print, signaling reduced near‑term upside and prompting selling pressure. Analyst note
• Negative Sentiment: Market reaction — sell-off despite beat: Several market writeups explain why shares fell: investors focused on mixed margin trends, EPS surprises/interpretation, and lower analyst sentiment, leading to heavier volume and a pullback after an initial premarket pop. Deep-dive on sell-off

Analysts Set New Price Targets

TLRY has been the subject of a number of research analyst reports. Canaccord Genuity Group initiated coverage on Tilray Brands in a report on Tuesday, January 27th. They set a “hold” rating for the company. ATB Cormark Capital Markets raised Tilray Brands from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 10th. TD Cowen decreased their target price on Tilray Brands from $10.00 to $7.00 and set a “buy” rating on the stock in a research report on Monday. Zacks Research raised Tilray Brands from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 11th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Tilray Brands in a report on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $11.75.

Tilray Brands Stock Down 5.1%

The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.72 and a current ratio of 2.81. The stock’s fifty day simple moving average is $7.42 and its two-hundred day simple moving average is $10.28. The stock has a market capitalization of $715.37 million, a P/E ratio of -0.28 and a beta of 1.96.

Tilray Brands (NASDAQ:TLRY) last issued its quarterly earnings results 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 company had revenue of $217.51 million for the quarter, compared to analyst estimates of $211.15 million. During the same quarter in the previous year, the business earned ($0.03) earnings per share. As a group, research analysts expect that Tilray Brands, Inc. will post -0.2 EPS for the current fiscal year.

Institutional Investors Weigh In On Tilray Brands

Institutional investors have recently made changes to their positions in the stock. Alpine Global Management LLC acquired a new stake in shares of Tilray Brands in the fourth quarter valued at about $169,000. Voloridge Investment Management LLC bought a new position in shares of Tilray Brands during the fourth quarter worth about $824,000. Polymer Capital Management US LLC acquired a new position in shares of Tilray Brands in the fourth quarter worth approximately $1,058,000. Engineers Gate Manager LP acquired a new position in shares of Tilray Brands in the fourth quarter worth approximately $126,000. Finally, Schonfeld Strategic Advisors LLC boosted its holdings in 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 acquiring an additional 6,182 shares during the last quarter. Institutional investors 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.