Tilray Brands (NASDAQ:TLRY) Stock Price Target Lowered at Canaccord Genuity Group

Key Points

• Canaccord Genuity lowered Tilray Brands’ price target from $4.50 to $4.00 and maintained a “hold” rating, implying approximately 14.45% upside from the $3.50 share price.
• Analyst sentiment remains mixed, with a consensus “hold” rating and average price target of $5.90; recent targets and recommendations range from “strong buy” to “sell.”
• Tilray reported quarterly revenue of $281.71 million but posted an adjusted loss of $0.43 per share, far below the $0.01 loss analysts expected. Shares are near their 52-week low and trade below both their 50-day and 200-day moving averages.

Tilray Brands (NASDAQ:TLRY - Get Free Report) had its target price reduced by analysts at Canaccord Genuity Group from $4.50 to $4.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm currently has a "hold" rating on the stock. Canaccord Genuity Group's price objective would indicate a potential upside of 14.45% from the company's current price.

Other analysts have also issued research reports about the stock. TD Securities raised shares of Tilray Brands to a "strong-buy" rating in a report on Friday, July 31st. Wall Street Zen cut Tilray Brands from a "hold" rating to a "sell" rating in a research note on Saturday, August 1st. TD reduced their target price on Tilray Brands from $4.70 to $4.50 and set a "buy" rating on the stock in a report on Monday. Weiss Ratings cut shares of Tilray Brands from a "sell (d-)" rating to a "sell (e+)" rating in a research report on Monday, September 21st. Finally, TD Cowen cut their price target on shares of Tilray Brands from $7.00 to $5.00 and set a "buy" rating on the stock in a research note on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $5.90.

Tilray Brands Price Performance

Shares of Tilray Brands stock traded down $0.10 during trading on Friday, reaching $3.50. The company's stock had a trading volume of 3,896,765 shares, compared to its average volume of 4,231,105. The stock has a 50-day moving average price of $4.31 and a two-hundred day moving average price of $5.03. The company has a current ratio of 2.21, a quick ratio of 1.37 and a debt-to-equity ratio of 0.22. Tilray Brands has a one year low of $3.38 and a one year high of $20.20. The stock has a market capitalization of $476.03 million, a P/E ratio of -3.24 and a beta of 1.91.

Tilray Brands (NASDAQ:TLRY - Get Free Report) last released its quarterly earnings results 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 for 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%. As a group, sell-side analysts anticipate that Tilray Brands will post -0.48 EPS for the current fiscal year.

Insider Activity at Tilray Brands

In other Tilray Brands news, CFO Carl Merton purchased 10,000 shares of the company'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 owned 139,753 shares in the company, valued at approximately $645,658.86. This represents a 7.71% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Insiders have purchased 15,000 shares of company stock worth $69,225 over the last quarter. 1.60% of the stock is currently owned by company insiders.

Institutional Trading of Tilray Brands

A number of institutional investors have recently modified their holdings of the stock. Engineers Gate Manager LP increased its holdings in Tilray Brands by 124.1% in the 2nd quarter. Engineers Gate Manager LP now owns 60,839 shares of the company's stock valued at $273,000 after buying an additional 33,688 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in shares of Tilray Brands during the 2nd quarter worth approximately $27,000. Squarepoint Ops LLC bought a new position in Tilray Brands in the second quarter valued at approximately $192,000. Amundi acquired a new position in Tilray Brands during the second quarter valued at approximately $131,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Tilray Brands during the second quarter worth $75,000. 9.35% of the stock is currently owned by institutional investors.

Trending Headlines about Tilray Brands

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

About Tilray Brands

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.