Stocks

What's Going On With Tilray Inc Stock Thursday?

By Wealth Awesome Newsroom -
Stocks & ETFs:TLRY.TO

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Tilray Inc. experienced a notable decline in its stock price this week, reflecting broader challenges in the cannabis sector.

Tilray Inc. (TLRY.TO) closed at C$5.60 on Thursday, down 2.00% for the day and 4.23% over the week. Despite recent announcements of record revenue and upcoming financial results, investor sentiment appears cautious amid ongoing structural challenges in the cannabis market.

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Tilray Inc

TLRY.TO

Full stock page โ†’

TLRY.TO

Tilray Inc

Source:WealthAwesomeWealthAwesome
โ†“ $4.30 (-42.24%)
120 day period
$5.88$8.40$10.93Jan 30Apr 28Jul 22

Market cap

$740.74M

52W high

$32.30

52W low

$5.87

1W change

-4.23%

Beta

1.90

Analyst Price Targets

Based on analyst covering TLRY

๐Ÿ“ˆ

Wall Street analysts forecast TLRY stock price to rise 37.9% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$8.11

+37.9% Upside

Current Price

C$5.88

Last close

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on TLRY's historical volatility

HistoricalForecast68%95%
C$3.35C$4.91C$6.47C$8.03C$9.58C$11.14TodayMar 16May 20Jul 22Sep 3Oct 17Nov 29

30-Day Vol

29.7%

Annualized

90-Day Vol

54.1%

Annualized

Trend (90d)

-50.0%

Annualized drift

90d Mean

C$4.92

Expected price

HorizonExpected68% Range (1ฯƒ)
30 trading daysC$5.54C$5.00 โ€“ C$6.14
60 trading daysC$5.22C$4.52 โ€“ C$6.03
90 trading daysC$4.92C$4.12 โ€“ C$5.87

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯƒ, 95% band = ยฑ2ฯƒ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Investor takeaway: Investors should remain aware of Tilray's recent financial performance and strategic initiatives, while also considering the broader market dynamics affecting the cannabis sector.

C$5.60

Tilray's stock has seen a significant decline, with a year-to-date drop of 55.96%, highlighting ongoing volatility in the cannabis sector.

Bull case

The company recently announced a record Q2 net revenue of $218 million and maintains a strong cash position. This suggests that Tilray is operationally strong and has potential for future growth.

Bear case

However, the stock's significant year-to-date drop of 55.96% and a negative profit margin of 156.7% raise concerns about its long-term sustainability and profitability.

Price Action Overview

Tilray Inc. closed at C$5.60 on Thursday, reflecting a 2.00% decrease for the day and a 4.23% decline over the week. The stock has struggled significantly this year, down 55.96% year-to-date, indicating a challenging market environment for cannabis stocks.

Recent Company Developments

Tilray recently reported a record Q2 net revenue of $218 million, indicating strong operational performance. The company also reaffirmed its full-year adjusted EBITDA guidance, which could signal potential profitability improvements. Additionally, Tilray announced a one-for-ten reverse stock split, effective December 1, 2025, aimed at improving its stock price and market perception.

Technical Picture

Currently, Tilray's stock is trading below both its 50-day moving average (C$6.85) and its 200-day moving average (C$7.97), indicating bearish momentum. The stock's 52-week range is between C$5.87 and C$32.30, with the current price sitting near the lower end of this range. The beta of 1.90 suggests that the stock is more volatile than the market, which may contribute to investor caution. Furthermore, trading volume has been lower than the 20-day average, with the latest volume at 314,033 shares compared to the average of 416,858 shares.

Insider Activity

No recent insider activity has been reported for Tilray Inc., which may indicate a stable outlook from management regarding the company's future performance.

Final Price Action

Tilray Inc. closed at C$5.60, down 2.00% for the day, reflecting ongoing challenges in the cannabis sector and investor sentiment.

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