Tilray Brands, Inc. (TLRY) stock closed at $1.45, underperforming the market, but analysts are optimistic.

From NASDAQ: 2025-01-03 18:15:20

Tilray Brands, Inc. (TLRY) closed at $1.45, with a -0.68% change compared to the previous day, underperforming the S&P 500. Shares gained 12.31% in the past month, outperforming the Consumer Staples sector. Earnings will be released on January 10, 2025, with a projected revenue of $218.22 million.

Analyst estimates for Tilray Brands, Inc. show optimism with positive revisions. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), currently rates the stock as #3 (Hold). The Consumer Products – Staples industry ranks in the top 30% of all industries, with top-rated industries outperforming the bottom half by 2 to 1.

Research Chief names Tilray Brands, Inc. as a top pick to double in value. The company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter. Now could be an ideal time to invest, with potential for significant upside. Zacks experts have chosen this stock for its explosive growth potential.



Read more at NASDAQ: Tilray Brands, Inc. (TLRY) Stock Sinks As Market Gains: Here’s Why