Bullish Case: Tilray's diversification into beverages could drive growth, with recent insider buying signaling potential confidence.


Bearish Case: Missed Q3 targets and lowering of cash flow projections depict a challenging revenue and profitability outlook.


Potential Outcomes: High implied volatility suggests upcoming stock movement. Possible positive outcome from beverage line (40%), continued losses could drive further dips (60%).


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April 11, 2024


Tilray Brands Forecast

TLRY        Tilray Brands
Price Forecast: BULLISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with TLRY



KDP Forecast + Options Trading Strategies   [KDP]  Keurig Dr Pepper (0.55)


SABR Forecast + Options Trading Strategies   [SABR]  Sabre (0.55)


CORT Forecast + Options Trading Strategies   [CORT]  Corcept Therapeutics (0.54)


NFG Forecast + Options Trading Strategies   [NFG]  National Fuel Gas (0.48)


NWL Forecast + Options Trading Strategies   [NWL]  Newell Brands (0.48)



Uncorrelated Stock Forecasts

Assets with little price relationship to TLRY



CAR Forecast + Options Trading Strategies   [CAR]  Avis Budget (0.0)


LFST Forecast + Options Trading Strategies   [LFST]  LifeStance Health (0.0)


PPC Forecast + Options Trading Strategies   [PPC]  Pilgrim's Pride (0.0)


LEA Forecast + Options Trading Strategies   [LEA]  Lear (-0.0)


GS Forecast + Options Trading Strategies   [GS]  Goldman Sachs Group (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against TLRY



SIMO Forecast + Options Trading Strategies   [SIMO]  Silicon Motion Technology (-0.41)


RMBS Forecast + Options Trading Strategies   [RMBS]  Rambus (-0.42)


LMND Forecast + Options Trading Strategies   [LMND]  Lemonade (-0.46)


LSXMK Forecast + Options Trading Strategies   [LSXMK]  Liberty Media Corp. (Tracking Stock - SiriusXM) Series C (-0.48)


DKL Forecast + Options Trading Strategies   [DKL]  Delek Logistics Partners LP - Unit (-0.57)





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