Tilray Inc's stock is facing a notable downturn as investors react to market conditions.
Tilray Inc (TLRY.TO) is down 2.75% in today’s trading session, closing at CA$6.37. This decline reflects ongoing concerns among investors about the cannabis sector and the company’s financial performance.
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Tilray Inc
TLRY.TO
TLRY.TO
Tilray Inc
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Market cap
$892.13M
52W high
$32.30
52W low
$5.19
1W change
+4.80%
Beta
1.92
Analyst Price Targets
Based on analyst covering TLRY
Wall Street analysts forecast TLRY stock price to rise 15.8% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$7.58
+15.8% Upside
Current Price
C$6.55
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on TLRY's historical volatility
30-Day Vol
50.8%
Annualized
90-Day Vol
53.1%
Annualized
Trend (90d)
-38.6%
Annualized drift
90d Mean
C$5.71
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$6.26 | C$5.25 – C$7.45 |
| 60 trading days | C$5.98 | C$4.66 – C$7.66 |
| 90 trading days | C$5.71 | C$4.21 – C$7.73 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: Investors should be cautious as Tilray's stock continues to slide, indicating potential underlying issues that may affect its future performance.
Tilray Inc's stock down 2.75% today
The market cap stands at CA$892 million, reflecting investor skepticism amidst a challenging environment for cannabis stocks.
Bull case
If Tilray can successfully navigate the challenges in the cannabis market and build on its recent revenue growth, there might be a shift in investor sentiment.
Bear case
However, the ongoing decline in stock price could signal deeper issues within the company or the broader industry, which may lead to further losses.
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Market Performance Overview
Tilray Inc's stock is down 2.75% in today’s session, reflecting a broader trend of volatility in the cannabis sector. Investors are closely monitoring the stock as it struggles to maintain its value amidst fluctuating market conditions.
Investor Sentiment and Future Outlook
The current decline in Tilray's stock price raises concerns about investor confidence. With a market cap of CA$892 million, the company needs to tackle its financial challenges to regain trust and stabilize its stock performance. Investors should keep an eye on upcoming earnings reports for further insights.
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