Tilray Brands Performance: Tilray Brands reported a strong fiscal first quarter in 2026, with Canadian cannabis revenues increasing 4% year over year to $51 million, solidifying its position as the largest legal cannabis company in Canada. The company is well-positioned for future growth with significant cultivation capacity and a strong market presence in various product categories.
Cresco Labs Operational Results: Cresco Labs experienced steady operational results in the third quarter, maintaining leading market shares in key states. However, the company faced revenue declines due to challenges in the tightly regulated and price-compressed U.S. cannabis market.
Canopy Growth's Progress: Canopy Growth showed solid momentum in its Canadian business during the fiscal second quarter, with improvements in both adult-use and medical cannabis segments. The company benefited from stronger sales and operational efficiency, contributing to a more sustainable financial foundation.
Stock Performance and Quantum Computing: Tilray Brands' shares have surged 129.1% over the past six months, significantly outperforming the industry. Additionally, there is growing interest in quantum computing, with major tech companies integrating the technology, presenting investment opportunities in this emerging field.
Wall Street analysts forecast TLRY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TLRY is 9.57 USD with a low forecast of 8.50 USD and a high forecast of 10.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
Wall Street analysts forecast TLRY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TLRY is 9.57 USD with a low forecast of 8.50 USD and a high forecast of 10.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
3 Hold
0 Sell
Hold
Current: 9.130
Low
8.50
Averages
9.57
High
10.00
Current: 9.130
Low
8.50
Averages
9.57
High
10.00
Roth Capital
Neutral
downgrade
$20 -> $10
2026-01-20
New
Reason
Roth Capital
Price Target
$20 -> $10
AI Analysis
2026-01-20
New
downgrade
Neutral
Reason
Roth Capital lowered the firm's price target on Tilray to $10 from $20 and keeps a Neutral rating on the shares after its Q2 results. With a re-acceleration in international sales, strong Canadian adult-use performance , and an inflection at CC Pharma, Tilray looks poised to enter a period of stronger growth, though the upside for Tilray, unfortunately, will be predominantly determined by U.S. legislative outcomes, the analyst tells investors in a research note. Tilray had been on the leading edge of intoxicating hemp products, particularly among larger manufacturers, which faces potential ban on November 13, 2026, unless extended, the firm added.
Alliance Global
Aaron Grey
Neutral
downgrade
$20 -> $10
2026-01-09
Reason
Alliance Global
Aaron Grey
Price Target
$20 -> $10
2026-01-09
downgrade
Neutral
Reason
Alliance Global analyst Aaron Grey lowered the firm's price target on Tilray to $10 from $20 and keeps a Neutral rating on the shares. Tilray reported Q2 sales above the firm's and Street estimates, driven by higher distribution revenue and international sales, with EBITDA coming in slightly above the firm's Street-matching $7.9M estimate, the analyst tells investors. The firm views the quarter as in-line on a consolidated basis with some strengths offsetting some weaknesses, but remains on the sidelines as it looks for greater transparency to long-term sales and cash flow, the analyst added.
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Bernstein
Market Perform
maintain
$1 -> $10
2025-12-19
Reason
Bernstein
Price Target
$1 -> $10
2025-12-19
maintain
Market Perform
Reason
Bernstein raised the firm's price target on Tilray to $10 from $1 and keeps a Market Perform rating on the shares after President Trump signed an Executive Order related to cannabis. The firm says Tilray is positioned benefit from the regulatory changes. The company yesterday announced the formation of Tilray Medical USA, with the aim of drawing on its global experience in medical cannabis operations to win in the U.S., the analyst tells investors in a research note.
ATB Capital
Underperform -> Sector Perform
upgrade
$8.50
2025-12-10
Reason
ATB Capital
Price Target
$8.50
2025-12-10
upgrade
Underperform -> Sector Perform
Reason
ATB Capital upgraded Tilray to Sector Perform from Underperform with an $8.50 price target.
About TLRY
Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis operations, Distribution business, Beverage alcohol business and Wellness business. The Cannabis operations, which encompasses the production, distribution, sale, co-manufacturing and advisory services of both medical and adult-use cannabis. The Beverage alcohol operations, which encompasses the production, marketing and sale of beverage alcohol products. The Distribution operations, which encompasses the purchase and resale of pharmaceuticals products to customers. The Wellness products, which encompasses hemp foods and cannabidiol (CBD) products. The Company offers a portfolio of adult-use brands and products and expands its portfolio to include new cannabis products and formats. Its brands include Good Supply, RIFF, Broken Coast, Solei, Canaca, HEXO, Redecan, Original Stash, Hop Valley, Revolver, Bake Sale, XMG, Mollo, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
