TLRY, US88688T2096

Zacks downgrades Tilray Brands stock to Strong Sell

Published on 10/06/2026 at 03:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Zacks cut Tilray Brands from Hold to Strong Sell on October 1, 2026. Tilray Brands stock had a EUR 3.33 prior close.

TLRY, US88688T2096, Illustration mit AI erstellt.

Tilray Brands (ISIN US88688T2096) was downgraded by Zacks Research from Hold to Strong Sell on October 1, 2026, according to MarketBeat. The rating change arrives as the company approaches its next quarterly report, while recent operating figures show revenue growth alongside a wider-than-expected loss.

Rating turns more defensive

MarketBeat said Zacks moved Tilray Brands from Hold to Strong Sell in a note issued on October 1, 2026. The same report said the analyst consensus remained Hold with an average price target of USD 7.00, while the latest reported share price was below the target and close to the 12-month low.

The analyst split is important because the company combines cannabis exposure with beverage alcohol and wellness products. Tilray's investor-relations page describes operations across craft beer and beverages, spirits, medical and adult-use cannabis, and hemp wellness products in more than 20 countries, according to Tilray Brands.

Revenue beat did not fix the loss

For the fiscal fourth quarter ended May 31, 2026, Tilray reported revenue of USD 281.71 million and a loss of USD 0.43 per share, according to MarketBeat. Revenue exceeded the USD 246.30 million consensus estimate by 14.38 percent, but the per-share loss was USD 0.42 wider than the expected USD 0.01 loss.

The figures create a mixed operating picture: the revenue comparison was positive, while profitability remained the central weakness. MarketBeat reported a negative net margin of 13.11 percent for the quarter, giving the Strong Sell revision a clear earnings-based counterpoint to the revenue result.

October report sets the next test

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

TLRY was last at USD 3.72 on Nasdaq on October 5, 2026 at 4:00 p.m. ET. Its market capitalization was USD 416.0 million on October 6, 2026, and its 52-week range was USD 3.54 to USD 23.20. The prior close at Lang & Schwarz was EUR 3.33 on October 2, 2026.