Tilray Approves Reverse Stock Split Proposal

An update from Tilray ( (TLRY) ) is now available.

On June 10, 2025, Tilray Brands, Inc. held a special meeting of stockholders to vote on two proposals: an amendment for a reverse stock split and the adjournment of the meeting for further proxy solicitation if needed. Both proposals were approved, with the board retaining discretion on executing the reverse stock split, indicating a strategic move to potentially enhance the company’s stock market positioning.

The most recent analyst rating on (TLRY) stock is a Hold with a $1.40 price target. To see the full list of analyst forecasts on Tilray stock, see the TLRY Stock Forecast page.

Spark’s Take on TLRY Stock

According to Spark, TipRanks’ AI Analyst, TLRY is a Neutral.

Tilray’s score is primarily driven by financial performance challenges, bearish technical indicators, and unfavorable valuation metrics. The earnings call provided mixed insights, with some operational improvements offset by significant financial losses. These factors together suggest a cautious outlook on the stock.

To see Spark’s full report on TLRY stock, click here.

More about Tilray

Tilray Brands, Inc. operates in the cannabis industry, focusing on the production and distribution of cannabis products and related services.

Average Trading Volume: 27,588,175

Technical Sentiment Signal: Sell

Current Market Cap: $416M

For an in-depth examination of TLRY stock, go to TipRanks’ Stock Analysis page.