TLRY, US88688T2096

Zacks downgrades Tilray Brands stock to Strong Sell

Published on 10/05/2026 at 02:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Zacks changed Tilray Brands from Hold to Strong Sell on October 1, 2026. For Tilray Brands stock, Q1 2027 revenue is estimated at USD 267.77 million.

TLRY, US88688T2096, Illustration mit AI erstellt.

Tilray Brands (US88688T2096) received a downgrade from Hold to Strong Sell by Zacks Research in a note issued on October 1, 2026, according to MarketBeat. The call adds pressure to a stock whose latest reported quarter combined revenue above expectations with a sharp earnings miss.

Fiscal 2026 revenue reached USD 915.5 million

Tilray reported fiscal 2026 net revenue of USD 915.5 million, an 11 percent increase from USD 821.3 million in fiscal 2025, according to StockTitan. Gross profit rose 8 percent to USD 260.4 million, while adjusted EBITDA increased to USD 61.1 million from USD 55.0 million.

The annual figures show why the downgrade is not simply a revenue-growth story. Tilray also reported a fiscal 2026 GAAP net loss of USD 105.2 million, or USD 1.09 per diluted share, while operating cash flow was negative USD 69.1 million for the fiscal year ended May 31, 2026.

October 8 results set the next test

Tilray is expected to report first-quarter fiscal 2027 results after the market close on October 8, 2026, according to MarketBeat. The cited consensus calls for a loss of USD 0.1640 per share and revenue of USD 267.7650 million.

That forecast compares with revenue of USD 281.71 million in the previous quarter and a loss of USD 0.43 per share against a consensus loss of USD 0.01. Revenue therefore exceeded the prior consensus by USD 35.41 million, while the reported loss was USD 0.42 per share wider than expected.

Nasdaq quote remains near yearly low

The latest Nasdaq quote was USD 3.61 on October 2, 2026 at 4:00 p.m. ET, with a market capitalization of USD 403.7 million. The 52-week range was USD 3.54 to USD 23.20, leaving the quote USD 0.07 above the yearly low.

The Lang & Schwarz prior close was EUR 3.22 on October 2, 2026. Tilray's business spans cannabis, beverage alcohol, distribution and wellness products across more than 20 countries, according to Tilray Brands.