Tilray Brands (NASDAQ:TLRY) Stock Price Up 3.9% – What’s Next?

Tilray Brands, Inc. (NASDAQ:TLRY) shot up 3.9% on Monday . The company traded as high as $6.50 and last traded at $6.45. 2,568,546 shares were traded during mid-day trading, a decline of 32% from the average session volume of 3,753,818 shares. The stock had previously closed at $6.21.

Key Tilray Brands News

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

• Positive Sentiment: Upcoming Q3 earnings release and live webcast on April 1 (before market open) provides a near-term catalyst and transparency via an 8:30 AM ET conference call — a likely driver of buying ahead of the report. Tilray Brands to Announce Third Quarter Fiscal Year 2026 Financial Results on April 1, 2026
• Positive Sentiment: Recent quarter (Q2, reported Jan 8) beat analyst EPS and revenue estimates — that recent outperformance can lift expectations for the upcoming quarter and support upside if management signals continued improvement. (Background: Q2 revenue $217.5M; EPS topped consensus.)
• Neutral Sentiment: Third-quarter announcement contains no preview guidance; lack of forward commentary increases uncertainty and could amplify post-release moves in either direction. Tilray Brands, Inc. to Release Third Quarter Fiscal Results on April 1, 2026
• Neutral Sentiment: Multiple short-interest data entries show inconsistent/zero values (reported “large increase” but with 0 shares/NaN), making it unclear whether short positioning is materially affecting liquidity or squeeze risk ahead of earnings; treat short-interest signals with caution.
• Negative Sentiment: Earnings-day volatility risk — reporting before the open gives less time for digestion and can produce sharp moves at market open if results or commentary miss expectations. Investors should expect higher intraday volatility around April 1.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. ATB Cormark Capital Markets raised shares of Tilray Brands from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 10th. Zacks Research raised shares of Tilray Brands from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 11th. Canaccord Genuity Group assumed coverage on shares of Tilray Brands in a research report on Tuesday, January 27th. They issued 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, Roth Mkm lowered their price objective on shares of Tilray Brands from $20.00 to $10.00 and set a “neutral” rating for the company in a research report on Tuesday, January 20th. One analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $13.33.

Tilray Brands Trading Up 4.2%

The firm has a market cap of $808.58 million, a P/E ratio of -0.31 and a beta of 1.96. 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 firm has a fifty day moving average of $7.72 and a 200-day moving average of $10.44.

Tilray Brands (NASDAQ:TLRY) last issued 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. The firm had revenue of $217.51 million during the quarter, compared to the consensus estimate of $211.15 million. Tilray Brands had a negative return on equity of 6.35% and a negative net margin of 251.69%.During the same period in the prior year, the business earned ($0.03) EPS. Equities research analysts forecast that Tilray Brands, Inc. will post -0.2 earnings per share for the current year.

Institutional Trading of Tilray Brands

A number of large investors have recently modified their holdings of the company. Tidal Investments LLC boosted its stake in Tilray Brands by 15.0% during the 2nd quarter. Tidal Investments LLC now owns 28,971,835 shares of the company’s stock valued at $12,006,000 after purchasing an additional 3,776,410 shares during the period. Millennium Management LLC raised its holdings in shares of Tilray Brands by 281.0% during the third quarter. Millennium Management LLC now owns 4,942,319 shares of the company’s stock valued at $8,550,000 after buying an additional 3,645,060 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Tilray Brands during the third quarter worth approximately $5,813,000. Ausdal Financial Partners Inc. bought a new position in Tilray Brands in the 2nd quarter worth approximately $939,000. Finally, Swiss National Bank grew its holdings in Tilray Brands by 4.4% in the 3rd quarter. Swiss National Bank now owns 2,013,038 shares of the company’s stock worth $3,483,000 after buying an additional 84,900 shares in the last quarter. Institutional investors and hedge funds own 9.35% of the company’s stock.

About Tilray Brands

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.