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Skye Bioscience Inc

SKYE
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0.814USD
-0.058-6.61%
Close 05/15, 16:00ETQuotes delayed by 15 min
28.58MMarket Cap
LossP/E TTM

Skye Bioscience Inc

0.814
-0.058-6.61%
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Intraday
1m
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D
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M
D

Today

-6.61%

5 Days

-5.69%

1 Month

+8.48%

6 Months

-37.42%

Year to Date

+8.52%

1 Year

-56.49%

TradingKey Stock Score of Skye Bioscience Inc

Currency: USD Updated: 2026-05-15

Key Insights

Skye Bioscience Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 150 out of 382 in the Biotechnology & Medical Research industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 7.71.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Skye Bioscience Inc's Score

Industry at a Glance

Industry Ranking
150 / 382
Overall Ranking
282 / 4482
Industry
Biotechnology & Medical Research

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Negative

Skye Bioscience Inc Highlights

StrengthsRisks
Skye Bioscience, Inc. is a clinical-stage biotechnology company. The Company is focused on development of next-generation molecules that modulate G-protein coupled receptors to treat obesity, overweight, and related conditions. The Company’s lead candidate, nimacimab, is a peripherally restricted negative allosteric modulating antibody targeting cannabinoid receptor 1 (CB1). The Company is also focused on its Phase IIa clinical trial, CBeyond, for nimacimab. The CBeyond clinical trial includes approximately 136 patients, 16 clinical trial sites and a combination arm with a GLP-1 receptor agonist to assess differences in weight loss, body composition, and other attributes. The CB1 receptor is one of the receptors in the endocannabinoid system (ECS) and plays a significant role both in the central nervous system (CNS) and peripheral tissues. The Company's Phase II study in obesity for nimacimab, is a negative allosteric modulating antibody that peripherally inhibits CB1.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 0.00.
Overvalued
The company’s latest PE is -0.56, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 17.02M shares, decreasing 36.88% quarter-over-quarter.
Held by PRFDX
Star Investor PRFDX holds 1.25K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.62.

Analyst Rating

Based on 8 analysts
Buy
Current Rating
7.714
Target Price
+785.48%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Skye Bioscience Inc News

More news coming soon, stay tuned...

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Skye Bioscience Inc Info

Skye Bioscience, Inc. is a clinical-stage biotechnology company. The Company is focused on development of next-generation molecules that modulate G-protein coupled receptors to treat obesity, overweight, and related conditions. The Company’s lead candidate, nimacimab, is a peripherally restricted negative allosteric modulating antibody targeting cannabinoid receptor 1 (CB1). The Company is also focused on its Phase IIa clinical trial, CBeyond, for nimacimab. The CBeyond clinical trial includes approximately 136 patients, 16 clinical trial sites and a combination arm with a GLP-1 receptor agonist to assess differences in weight loss, body composition, and other attributes. The CB1 receptor is one of the receptors in the endocannabinoid system (ECS) and plays a significant role both in the central nervous system (CNS) and peripheral tissues. The Company's Phase II study in obesity for nimacimab, is a negative allosteric modulating antibody that peripherally inhibits CB1.
Ticker SymbolSKYE
CompanySkye Bioscience Inc
CEODhillon (Punit S)
Websitehttps://skyebioscience.com/
KeyAI