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Tilray Brands, Inc. (TLRY)

Healthcare | Drug Manufacturers - Specialty & Generic | Leamington, Canada | NasdaqGS
4.59 USD +0.02 (0.438%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 4.59

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:42 a.m. EDT

The investment case here is fundamentally broken. The company is hemorrhaging cash, with operating cash flow and free cash flow both deeply negative, while revenue actually contracted by nearly 8%. The balance sheet is fragile, carrying debt levels that dwarf its equity base, and the return on equity is negative. This isn't just a cyclical downturn; the business model appears to be failing to generate capital. The price history confirms this structural decay, showing a brutal 97% drop over the last seven years, with four consecutive years of negative annual returns ending recently. Despite the low share price, the market has correctly identified that the current valuation does not reflect a viable future; a low P/E is often a warning sign that the business cannot sustain operations, not a bargain. There is no dividend to provide a floor, and the stock lacks the momentum to reverse this multi-year decline. While the options chain shows speculative bets on a dramatic reversal or a total wipeout, the underlying fundamentals offer no rational thesis for a standard investor to enter.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.102206
MSTL0.187131
AutoETS0.193386
AutoARIMA0.194636

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 42%
H-stat 3.38
Ljung-Box p 0.000
Jarque-Bera p 0.526
Excess Kurtosis -0.34
Attribute Value
Sector Healthcare
Debt to Equity Ratio 63.611
Revenue per Share 8.186
Market Cap 631,496,384
Forward P/E 10.20
Beta 1.92
Profit Margins -13.26%
Previous Name Aphria Inc.
Website https://www.tilray.com

As of Aug. 22, 2026, 2:42 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional move. Call volume is heavily skewed toward deep out-of-the-money strikes (e.g., $20, $30) with massive implied volatility spikes, suggesting a bet on a massive gap-up event or a 'lottery ticket' scenario. Conversely, put volume is concentrated in deep out-of-the-money strikes ($0.50, $1.00), indicating a fear of a catastrophic collapse to pennies. The heavy concentration of open interest in these far wings suggests a binary outcome is expected, while the lack of significant positioning near the money implies the market is currently pricing in a stalemate or a range-bound grind until a catalyst forces a choice.


Info Dump

Attribute Value
52 Week Change -0.6344
Address1 265 Talbot Street West
All Time High 3,000.0
All Time Low 3.5
Ask 4.85
Ask Size 5
Average Daily Volume10 Day 3,649,450
Average Daily Volume3 Month 4,082,224
Average Volume 4,082,224
Average Volume10Days 3,649,450
Beta 1.921
Bid 4.61
Bid Size 6
Book Value 3.018
City Leamington
Compensation As Of Epoch Date 1,767,139,200
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 4.59
Current Ratio 2.21
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 4.655
Day Low 4.49
Debt To Equity 63.611
Display Name Tilray Brands
Earnings Call Timestamp End 1,785,268,800
Earnings Call Timestamp Start 1,785,268,800
Earnings Timestamp 1,785,268,800
Earnings Timestamp End 1,791,489,600
Earnings Timestamp Start 1,791,489,600
Ebitda 14,999,000
Ebitda Margins 0.01638
Enterprise To Ebitda 131.454
Enterprise To Revenue 2.154
Enterprise Value 1,971,678,336
Eps Current Year 0.26
Eps Forward 0.45
Eps Trailing Twelve Months -1.09
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 4.4724
Fifty Day Average Change 0.117599964
Fifty Day Average Change Percent 0.026294598
Fifty Two Week Change Percent -63.440002
Fifty Two Week High 23.2
Fifty Two Week High Change -18.61
Fifty Two Week High Change Percent -0.8021552
Fifty Two Week Low 3.67
Fifty Two Week Low Change 0.9200001
Fifty Two Week Low Change Percent 0.25068122
Fifty Two Week Range 3.67 - 23.2
Financial Currency USD
First Trade Date Milliseconds 1,532,007,000,000
Float Shares 439,967,315
Forward Eps 0.45
Forward P E 10.200001
Free Cashflow -25,034,250
Full Exchange Name NasdaqGS
Full Time Employees 3,595
Fullday Change 0.02
Fullday Change Percent 0.437636
Fullday Price 4.59
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.28684
Gross Profits 262,591,008
Has Pre Post Market Data 1
Held Percent Insiders 0.01086
Held Percent Institutions 0.10913
Implied Shares Outstanding 137,580,913
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 1,780,185,600
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, Shock Top, Montauk Brewing, 10 Barrell, Breckenridge Brewery, SweetWater Brewing, Breckenridge Distillery, Blue Point, Alpine, 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, Cruisies, Atwater Brewery, Hi-ball 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 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 631,496,384
Market State CLOSED
Max Age 86,400
Message Board Id finmb_265511894
Most Recent Quarter 1,617,148,800
Name Change Date 2,026-08-28
Net Income To Common -121,397,000
Next Fiscal Year End 1,811,721,600
Non Diluted Market Cap 628,744,772
Number Of Analyst Opinions 8
Open 4.55
Operating Cashflow -69,144,000
Operating Margins -0.527
Payout Ratio 0.0
Phone 844 845 7291
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 4.59
Post Market Time 1,787,961,339
Prev Name Aphria Inc.
Previous Close 4.57
Price Eps Current Year 17.653847
Price Hint 4
Price To Book 1.5208749
Price To Sales Trailing12 Months 0.6898177
Profit Margins -0.13261
Quick Ratio 1.173
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.02
Regular Market Change Percent 0.437636
Regular Market Day High 4.655
Regular Market Day Low 4.49
Regular Market Day Range 4.49 - 4.655
Regular Market Open 4.55
Regular Market Previous Close 4.57
Regular Market Price 4.59
Regular Market Time 1,787,947,200
Regular Market Volume 3,347,093
Return On Assets -0.014939999
Return On Equity -0.06819
Revenue Growth -0.078
Revenue Per Share 8.186
Sand P52 Week Change 0.20504117
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 137,580,913
Shares Percent Shares Out 0.1339
Shares Short 18,427,714
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 16,225,934
Short Name Tilray Brands, Inc.
Short Percent Of Float 0.1348
Short Ratio 3.97
Source Interval 15
State ON
Symbol TLRY
Target High Price 19.0
Target Low Price 4.25
Target Mean Price 7.84375
Target Median Price 5.75
Total Cash 425,655,008
Total Cash Per Share 0.951
Total Debt 343,899,008
Total Revenue 915,454,016
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.09
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 6.84945
Two Hundred Day Average Change -2.25945
Two Hundred Day Average Change Percent -0.3298732
Type Disp Equity
Volume 3,347,093
Website https://www.tilray.com
Zip N8H 5L4