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Tilray Brands, Inc. (TLRY)

Healthcare | Drug Manufacturers - Specialty & Generic | Leamington, Canada | NasdaqGS
4.46 USD +0.04 (0.905%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 4.45 -0.01 (-0.010%) ⇩ (July 13, 2026, 7:57 p.m. EDT)

Short-term:★☆☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:36 a.m. EDT

The investment case for Tilray Brands is currently broken by a severe deterioration in both fundamentals and market sentiment. The company is bleeding cash, with negative operating and free cash flows, while revenue has contracted significantly year-over-year. The balance sheet is strained with debt levels that exceed equity, and the return on equity is deeply negative, indicating capital destruction. Technically, the stock is in a multi-year downtrend, having lost over 97% of its value since the 2018 peak. Although the immediate trajectory shows only one consecutive year of decline, the cumulative loss is catastrophic, and the recent price action confirms a continued struggle to find a floor. The low price-to-book ratio is a false signal here; the market is correctly pricing in the risk of insolvency or further value erosion rather than a bargain opportunity. Options activity reinforces this bearish outlook, with traders loading up on protective puts at levels well above the current trading price. There is no credible catalyst visible in the data to suggest a rapid reversal. Until the company demonstrates a path to profitability and stabilizes its revenue growth, this remains a high-risk speculative vehicle unsuitable for capital preservation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.149596
MSTL0.169917
AutoARIMA0.172815
AutoETS0.173260

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 43%
H-stat 7.17
Ljung-Box p 0.000
Jarque-Bera p 0.170
Excess Kurtosis -1.23
Attribute Value
Sector Healthcare
Debt to Equity Ratio 63.611
Revenue per Share 8.043
Market Cap 550,617,088
Forward P/E 17.41
Beta 1.90
Profit Margins -156.66%
Previous Name Aphria Inc.
Website https://www.tilray.com

As of July 11, 2026, 6:36 a.m. EDT: Speculators are positioning heavily for downside protection, evidenced by significant open interest in out-of-the-money puts at strikes like 6.0 and 9.0 for later expirations. While there is some call volume at higher strikes (8.0, 10.0), the overwhelming majority of open interest sits in the money or just above the current price, suggesting a 'bear put' strategy rather than a bullish bet. Implied volatility remains elevated, reflecting uncertainty about whether the stock can stabilize.


Info Dump

Attribute Value
52 Week Change -0.330303
Address1 265 Talbot Street West
All Time High 3,000.0
All Time Low 3.5
Ask 5.59
Ask Size 2
Average Analyst Rating 2.5 - Buy
Average Daily Volume10 Day 3,873,290
Average Daily Volume3 Month 4,985,806
Average Volume 4,985,806
Average Volume10Days 3,873,290
Beta 1.895
Bid 3.27
Bid Size 2
Book Value 3.018
City Leamington
Compensation As Of Epoch Date 1,767,139,200
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 4.46
Current Ratio 2.791
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 4.585
Day Low 4.36
Debt To Equity 63.611
Display Name Tilray Brands
Earnings Call Timestamp End 1,785,270,600
Earnings Call Timestamp Start 1,785,270,600
Earnings Timestamp 1,785,268,800
Earnings Timestamp End 1,785,268,800
Earnings Timestamp Start 1,785,268,800
Ebitda 17,758,000
Ebitda Margins 0.02069
Enterprise To Ebitda 107.755
Enterprise To Revenue 2.229
Enterprise Value 1,913,520,000
Eps Current Year -0.10912
Eps Forward 0.25618
Eps Trailing Twelve Months -14.8
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 5.1346
Fifty Day Average Change -0.6746001
Fifty Day Average Change Percent -0.13138318
Fifty Two Week Change Percent -33.0303
Fifty Two Week High 23.2
Fifty Two Week High Change -18.740002
Fifty Two Week High Change Percent -0.8077587
Fifty Two Week Low 4.2
Fifty Two Week Low Change 0.26000023
Fifty Two Week Low Change Percent 0.061904818
Fifty Two Week Range 4.2 - 23.2
Financial Currency USD
First Trade Date Milliseconds 1,532,007,000,000
Float Shares 444,060,762
Forward Eps 0.25618
Forward P E 17.409636
Free Cashflow -31,062,250
Full Exchange Name NasdaqGS
Full Time Employees 2,842
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.27678
Gross Profits 237,552,992
Has Pre Post Market Data 1
Held Percent Insiders 0.00715
Held Percent Institutions 0.0937
Implied Shares Outstanding 123,456,750
Industry Drug Manufacturers - Specialty & Generic
Industry Disp Drug Manufacturers - Specialty & Generic
Industry Key drug-manufacturers-specialty-generic
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,748,649,600
Last Split Date 1,764,633,600
Last Split Factor 1:10
Long Business Summary Tilray Brands, Inc., a lifestyle consumer products company, engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, the Middle East, Africa, and internationally. The company operates through four segments: Beverage, Cannabis, Distribution, and Wellness. It also offers medical and adult-use cannabis products; resells and distributes pharmaceutical and wellness products; and produces, markets, and sells beverage products, and hemp-based food products. In addition, the company provides entertainment products. It offers its products under the Tilray, Aphria, Broken Coast, Symbios, Navcora, Tilray Craft, Charlotte's Web, Montauk Brewing, Shock Top, 10 Barrell, Breckenridge Brewery, SweetWater Brewing, Breckenridge Distillery, Blue Point Brewing, Broken Coast, Redecan, XMG, Manitoba Harvest, CC Pharma, Good Supply, Solei, Mollo, Chowie Wowie, Original Stash, Canaca, RIFF, Tilray Medical, Bake Sale, The Batch, HEXO, Alpine Beer Company, Green Flash, Cruisies, Atwater Brewery, Hiball Energy, Liquid Love, Hop Valley Brewing, Redhook Brewery, Revolver Brewing, Square Mile Cider, Mock One, Widmer Brothers Brewing, Runner's High Brewing Company, SweetWater Brewing Company, Terrapin Beer Co., Happy Flower, Fizzy Jane's, Herb & Bloom, 420 Fizz, and Fresh Hemp Foods brands. The company sells its products to retailers, wholesalers, patients, physicians, hospitals, pharmacies, researchers, and governments, as well as direct to consumers. The company was formerly known as Tilray, Inc. and changed its name to Tilray Brands, Inc. in January 2022. Tilray Brands, Inc. is headquartered in Leamington, Canada.
Long Name Tilray Brands, Inc.
Market us_market
Market Cap 550,617,088
Market State PREPRE
Max Age 86,400
Message Board Id finmb_265511894
Most Recent Quarter 1,617,148,800
Name Change Date 2,026-07-13
Net Income To Common -1,344,620,032
Next Fiscal Year End 1,780,185,600
Non Diluted Market Cap 545,678,835
Number Of Analyst Opinions 8
Open 4.43
Operating Cashflow -44,627,000
Operating Margins -0.527
Payout Ratio 0.0
Phone 844 845 7291
Post Market Change -0.010000229
Post Market Change Percent -0.22422038
Post Market Price 4.45
Post Market Time 1,783,987,065
Prev Name Aphria Inc.
Previous Close 4.42
Price Eps Current Year -40.872437
Price Hint 4
Price To Book 1.4777999
Price To Sales Trailing12 Months 0.6415392
Profit Margins -1.5666499
Quick Ratio 1.314
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.5
Region US
Regular Market Change 0.04
Regular Market Change Percent 0.904976
Regular Market Day High 4.585
Regular Market Day Low 4.36
Regular Market Day Range 4.36 - 4.585
Regular Market Open 4.43
Regular Market Previous Close 4.42
Regular Market Price 4.46
Regular Market Time 1,783,972,801
Regular Market Volume 3,764,291
Return On Assets -0.01474
Return On Equity -0.63161
Revenue Growth -0.078
Revenue Per Share 8.043
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 123,456,750
Shares Percent Shares Out 0.1442
Shares Short 17,798,474
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 15,485,245
Short Name Tilray Brands, Inc.
Short Percent Of Float 0.1452
Short Ratio 4.9
Source Interval 15
State ON
Symbol TLRY
Target High Price 23.0
Target Low Price 6.5
Target Mean Price 9.55
Target Median Price 7.2
Total Cash 425,655,008
Total Cash Per Share 0.951
Total Debt 343,899,008
Total Revenue 858,275,008
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -14.8
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 8.6333
Two Hundred Day Average Change -4.1733
Two Hundred Day Average Change Percent -0.48339567
Type Disp Equity
Volume 3,764,291
Website https://www.tilray.com
Zip N8H 5L4