Roth Capital Partners Maintains Buy Rating on Tilray Brands
Analyst Bill Kirk maintained a 'Buy' rating and US$9.00 price target on Tilray Brands, while providing updates on the company's share issuance and growth strategy.
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Tilray Brands, Inc. (NASDAQ:TLRY) opened fiscal 2027 with the strongest first quarter in its history, reporting record revenue of $257.1 million, up 23% from a year ago. Gross profit set a first-quarter record of its
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Analyst Bill Kirk maintained a 'Buy' rating and US$9.00 price target on Tilray Brands, while providing updates on the company's share issuance and growth strategy.
Tilray Brands stock has plummeted 70% in 2026 and 97% over five years despite generating nearly $1 billion in revenue. While the company has grown through acquisitions in beverages and alcohol, it remains unprofitable with an operating loss of $60.5 million over the trailing 12 months. The analyst argues the stock could fall further due to weak organic growth, continued cash burn, and limited profitability prospects, despite its low valuation of $400 million market cap.
Blue Point Brewing Co., a subsidiary of Tilray Brands, Inc., will host its 22nd Annual Cask Ales Festival on November 7, 2026, in Patchogue, New York.
BrewDog, a craft beer brand owned by Tilray Brands, Inc., has partnered with West Ham United F.C. to launch a new fan-created matchday beer.