Tilray Brands (TLRY) Stock Is Trending: Here's What You Should Know

Tilray Brands Inc. (NASDAQ:TLRY) shares are trending on Wednesday.

TLRY jumped 2.23% to $4.12 in after-hours trading following fourth-quarter results, in which revenue topped analyst estimates.

The fourth quarter and fiscal year results that were announced after the markets closed were for the period ended May 31.

What Does Q4 Data Say

In the quarter, the cannabis and beverage company posted $281.7 million in revenue, beating the analyst estimate of $254.53 million by 10.7%.

Earnings per share came in at $0.05, missing the $0.21 consensus estimate by 76.2%.

Gross profit increased 34%, whereas Gross margin was 32% in the fourth quarter.

FY26 Data

Revenue increased 11% to $915.5 million in fiscal 2026 compared to $821.3 million a year earlier.

According to Tilray, adjusted EBITDA increased to $61.1 million from $55.0 million. Excluding the approximately $2.3 million impact from fuel surcharges in the fourth quarter, adjusted EBITDA would have been $63.4 million.

For the fiscal year, gross profit increased 8%, while the gross margin was 28%.

For fiscal year 2027, Tilray expects adjusted EBITDA of $68 million to $75 million.

Irwin D. Simon, Chairman and Chief Executive Officer, said, “Fiscal 2026 marks an important milestone in Tilray’s evolution. We didn’t just deliver record revenue, record gross profit and record adjusted EBITDA; we demonstrated the strength of the diversified global platform we’ve been building for the last five years. “

Trading Metrics, Technical Analysis

Tilray has a market capitalization of $497.53 million, a 52-week high of $23.20 and a 52-week low of $3.80.

The Relative Strength Index (RSI) of TLRY stands at 32.82.

The stock has dropped 42.43% over the past 12 months.

Currently, TLRY is trading near the lower end of its 52-week trading range.

The stock’s sharp decline and weak position suggest it remains under pressure, highlighting elevated risk and the need for stronger signs of recovery before investor confidence improves.

Price Action: TLRY closed at $4.03 on Tuesday, according to Benzinga Pro data.

Benzinga’s Edge Stock Rankings indicate TLRY stock has a negative price trend across all time frames.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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