The price of TLRY is predicted to go up 43.82%, based on the high correlation periods with GPRO. The similarity of these two price pattern on the periods is 97.62%.
TLRY
GPRO
Tilray's better financial health and profitability lead compared with Canadian peers positions it to lead its home market.
Tilray's management focuses on strategic SG&A spending and running a lean business model, benefiting its financial health in the early growth stage industry.
Tilray management's careful approach to expansion has allowed it to reach EBITDA profitability faster than any of its Canadian peers. It'll reach positive free cash flow before them, too.
Roth MKM
2024-10-11
Price Target
$2 → $1.75
Upside
+7.36%