Get the latest Tilray stock forecasts for tomorrow, next week and long-term Tilray stock price prediciton for 2024, 2025, 2026, 2030 and 2040.
Tilray has emerged as a front-runner in the global cannabis market. With its robust business model and strategic alliances, the company’s potential for growth has stirred up curiosity among investors who are keen on the Tilray stock price prediction.
In this in-depth analysis, we’ll examine the factors influencing Tilray’s stock price and explore expert predictions for the future.
Table of Contents
Introduction of Tilray Stock
Tilray’s journey has been a rollercoaster ride, with its stock price seeing both impressive highs and disappointing lows. But what does the future hold for this cannabis giant?
Tilray: A Brief Overview
Founded in 2013, Tilray is a Canadian pharmaceutical and cannabis company headquartered in Nanaimo, British Columbia. The company operates in several countries on five continents.
Tilray Brands Inc (TLRY) stock price forecasts for the next 12 months are generally optimistic with an average analyst price target of $22.02, which is +1172.58% upside from the current price of $1.73. The highest analyst price is $41.86 and the lowest price is $2.1736.
Historical Performance
Tilray’s share price has seen both ups and downs over the years. Its IPO in July 2018 was $17 per share. stock. Since then, the stock has seen wild swings.
Long-Term Tilray Stock Price Predictions
Based on the average annual growth rate of Tilray stock over the past 10 years, the Tilray stock forecast for early next year is $1.723303. On the same basis, here is Tilray’s stock forecast for each year through 2030.
Year | Prediction | Change |
---|---|---|
2025 | $ 1.723303 | -0.39% |
2026 | $ 1.716632 | -0.77% |
2027 | $ 1.709986 | -1.16% |
2028 | $ 1.703367 | -1.54% |
2029 | $ 1.696772 | -1.92% |
2030 | $ 1.690204 | -2.30% |
Factors Influencing Tilray’s Stock Price
Tilray share price is influenced by several factors:
- Legislation: Changes in marijuana laws could affect stock prices.
- Market Demand: As the global adoption of hemp continues to grow, the demand for hemp products continues to grow. Partnerships and acquisitions.
- Strategic alliances and acquisitions can have a significant impact on stock prices.
Tilray Stock Price Prediction 2024
Our analysts are offering long term price forecasts for Tilray Brands Inc In 2050, the median target price for TLRY is $85.60, with a high estimate of $143.12 and a low estimate of $85.62.
The median estimate represents a +4848.07% increase from the last price of $1.73. Below is our long term TLRY Price forecast table with detailed price target for each year.
Tilray Stock Price Prediction 2025
Tilray Stock Price Prediction 2026
Tilray Stock Price Prediction 2030
In 2030, the average price of Tilray Brands Inc (TLRY) is expected to be $93.83, with a high of $102.69 and a low of $84.96.
That’s a 6146.19% increase from the last price of $1.73.
Tilray Stock Price Prediction 2040
Long-term predictions are inherently uncertain, but some analysts believe that by 2040, Tilray’s stock price could cross the $100 mark.
Risks Involved
Regulatory changes: Adverse effects on cannabis regulations could negatively impact stock prices.
Investment strategy
Diversification: Diversify your portfolio to reduce risk.
Long-term investment: Consider a long-term investment in Tilray due to its growth potential.
Conclusion
Tilray stock price forecasting is a topic of interest to investors. Although the future looks promising, it is important to consider the risks involved and make informed investment decisions. “Investing should be more like drying paint or growing grass. If you want excitement, take $800 to Las Vegas.” – Paul Samuelson
As always, please do your due diligence and consult with a financial advisor before making any investment decisions.
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Tilray Stock FAQs
What companies are under Tilray?
NGO, The Batch, Dubon, Good Supply, Solei, Chowie Wowie, Canaca, RIFF, SweetWater, Breckenridge Distillery, Alpine Beer Company, and Green Flash brands.
What is the future price of TLRY stock?
Based on 7 Wall Street analysts offering 12 month price targets for Tilray in the last 3 months. The average price target is $2.63 with a high forecast of $4.10 and a low forecast of $2.00.
What was the highest price for Tilray stock?
The all-time high Tilray Brands stock closing price was 214.06 on September 19, 2018. The Tilray Brands 52-week high stock price is 3.40, which is 89.9% above the current share price.
What is the long-term forecast for Tilray?
According to the latest long-term forecast, Tilray Brands price will hit $2 by the end of 2024 and then $3 by the middle of 2025. Tilray Brands will rise to $4 within the year of 2026, $5 in 2028 and $7 in 2034.
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