Tilray Stock Price Prediction From 2024To 2030 – The share of Tilray Brands Inc. is trading at $1.75 with 38.65 million transactions. Cannabis is grown and sold by Tilray, a Canadian company, for both medical and recreational purposes. Legacy Aphria rebranded as Tilray after acquiring legacy Tilray in a reverse merger in 2021. Canada and the global medical cannabis export market account for the majority of company sales. CBD products and alcohol are the main exposures in the US.
About the Company – Tilray
Tilray Brands, Inc. is a global consumer packaged goods and cannabis lifestyle company that specializes in medical cannabis research as well as the global production, processing, and distribution of cannabis products. The business is divided into four segments: Distribution Business, Beverage Alcohol Business, Wellness Business, and Cannabis Business. The manufacturing, distribution, and retail of cannabis products for medical and recreational purposes are the main objectives of the Cannabis Business industry.
The Distribution Business section deals with the acquisition, resale, and distribution of health and pharmaceutical items. The manufacturing, promoting, and retailing of beverages are included in the Beverage Alcohol Business category. Food made with hemp and other wellness products are produced, marketed, and distributed under the Wellness Business sector. The company’s headquarters are in Leamington, Canada, and it was established on January 24, 2018.
Overview of Tilray Stock Price
| Today’s Low | $1.75 |
| Today’s High | $1.85 |
| Share Volume | 38,659,537 |
| Average Volume | 17,932,833 |
| Previous Close | $1.86 |
| 52 Week High | $3.4 |
| 52 Week Low | $1.5 |
| Market Cap | 1,475,183,075 |
| P/E Ratio | 0 |
| Forward P/E 1 Yr. | -15.50 |
| Earnings Per Share(EPS) | $-222 |
Tilray Stock Price Prediction 2024 To 2030
According on the Tilray stock’s average annual growth over the last ten years, the stock estimate for TLRY at the start of the following year is $ 2.743325. Here is the Tilray stock projection for each year until 2030 using the same methodology.
| Year | Stock Price Prediction |
| 2024 | $ 2.74 |
| 2025 | $3.74 |
| 2026 | $ 4.73 |
| 2027 | $5.72 |
| 2028 | $ 6.72 |
| 2029 | $ 7.71 |
| 2030 | $8.70 |
Peer Companies of Tilray Stock
- MGP Ingredients
- Vital Farms Inc.
- Fresh Del Monte Produce Inc.
- Adegoacargo S. A
- Canopy Groth Corporation
Investor Type & Ratios for Tilray Stock
| % of Shares Held by All Insider | 1.44% |
| % of Shares Held by Institutions | 11.63% |
| % of Float Held by Institutions | 11.80% |
| Number of Institutions Holding Shares | 422 |
The stock price of Tilray Brands has experienced notable volatility, which may be attributed to the ever-changing cannabis sector and its multitude of impacting variables. Although past performance points to difficulties and hardships, predictions and estimates point to possible investment opportunities, albeit with differing degrees of confidence.
Expert analysis and projections, on the other hand, present a cautiously optimistic picture, with possible price objectives of $2.25 by 2024, $3.74 by 2025, and potentially $8.65 or more by 2030 if trends toward global legalization quicken. These estimates are dependent on various elements, including changes in regulations, market leadership, international growth, acquisitions, innovation, and financial success.
