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Skye Bioscience Inc

SKYE
0.819USD
+0.020+2.48%
Close 02/06, 16:00ETQuotes delayed by 15 min
25.39MMarket Cap
LossP/E TTM

Skye Bioscience Inc

0.819
+0.020+2.48%
TradingKey Stock Score
Overall Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Peer Comparison
TradingKey Stock Score
Overall Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Peer Comparison

TradingKey Stock Score of Skye Bioscience Inc

Currency: USD Updated: 2026-02-06

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 148 out of 392 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 8.71.In the medium term, the stock price is expected to trend down.Despite a very weak 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
148 / 392
Overall Ranking
293 / 4521
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 -0.63, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 20.09M shares, decreasing 25.52% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 882.78K shares of this stock.

Analyst Rating

Based on 8 analysts
Buy
Current Rating
8.714
Target Price
+989.97%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Financial Health

Currency: USD Updated: 2026-02-06

The current financial score of Skye Bioscience Inc is 7.00, ranking 169 out of 392 in the Biotechnology & Medical Research industry. Its financial status is robust, and its operating efficiency is low.

Score

Industry at a Glance

Previous score
7.00
Change
0

Financials

10.00

Key Metrics

Cash and cash equivalents
Total assets
Total liabilities
Free cash flow
Relevant data have not been disclosed by the company yet.

Quality of Earnings

7.24

Operational Efficiency

4.00

Growth Potential

6.75

Shareholder Returns

7.03

Skye Bioscience Inc's Company Valuation

Currency: USD Updated: 2026-02-06

The current valuation score of Skye Bioscience Inc is 6.19, ranking 316 out of 392 in the Biotechnology & Medical Research industry. Its current P/E ratio is -0.63, which is -1804.13% below the recent high of 10.76 and -715.92% above the recent low of -5.15.

Score

Industry at a Glance

Previous score
6.19
Change
0

Valuation Dimensions

P/E
P/B
P/S
P/CF
Industry Ranking 148/392
Relevant data have not been disclosed by the company yet.

Earnings Forecast

Currency: USD Updated: 2026-02-06

The current earnings forecast score of Skye Bioscience Inc is 8.00, ranking 164 out of 392 in the Biotechnology & Medical Research industry. The average price target is 10.00, with a high of 20.00 and a low of 2.00.

Score

Industry at a Glance

Previous score
8.00
Change
0

Support & Resistance

Relevant data have not been disclosed by the company yet.

Analyst Rating

Based on 8 analysts
Buy
Current Rating
8.714
Target Price
+989.97%
Upside Space
Strong Buy
Buy
Hold
Sell
Strong Sell

Peer Comparison

542
Total
6
Median
6
Average
Company name
Ratings
Analysts
Skye Bioscience Inc
SKYE
8
CRISPR Therapeutics AG
CRSP
29
IQVIA Holdings Inc
IQV
26
argenx SE
ARGX
26
Intellia Therapeutics Inc
NTLA
24
Beigene Ltd
ONC
24
1
2
3
...
109

Financial Forecasting

EPS
Revenue
Net Profit
EBIT
Relevant data have not been disclosed by the company yet.

Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Price Momentum

Currency: USD Updated: 2026-02-06

The current price momentum score of Skye Bioscience Inc is 5.08, ranking 332 out of 392 in the Biotechnology & Medical Research industry. Currently, the stock price is trading between the resistance level at 1.02 and the support level at 0.70, making it suitable for range-bound swing trading.

Score

Industry at a Glance

Previous score
5.14
Change
-0.06

Support & Resistance

Relevant data have not been disclosed by the company yet.

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

Indicators
Sell(3)
Neutral(1)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
-0.030
Sell
RSI(14)
38.298
Neutral
STOCH(KDJ)(9,3,3)
11.972
Oversold
ATR(14)
0.079
High Vlolatility
CCI(14)
-166.768
Sell
Williams %R
87.018
Oversold
TRIX(12,20)
-0.262
Sell
StochRSI(14)
23.957
Buy
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
0.864
Sell
MA10
0.939
Sell
MA20
0.964
Sell
MA50
1.015
Sell
MA100
1.600
Sell
MA200
2.332
Sell

Institutional Confidence

Currency: USD Updated: 2026-02-06

The current institutional shareholding score of Skye Bioscience Inc is 5.00, ranking 139 out of 392 in the Biotechnology & Medical Research industry. The latest institutional shareholding proportion is 62.68%, representing a quarter-over-quarter decrease of 5.18%. The largest institutional shareholder is The Vanguard, holding a total of 882.78K shares, representing 2.75% of shares outstanding, with 10.53% decrease in holdings.

Score

Industry at a Glance

Previous score
5.00
Change
0

Institutional Shareholding

Relevant data have not been disclosed by the company yet.

Shareholder Activity

Name
Shares Held
Chg %
5AM Ventures
9.68M
--
Versant Ventures
2.01M
--
Baker Bros. Advisors LP
1.45M
--
Schonfeld Strategic Advisors LLC
1.19M
+8.14%
The Vanguard Group, Inc.
Star Investors
882.78K
+5.35%
Ensign Peak Advisors, Inc.
767.29K
--
Driehaus Capital Management, LLC
620.39K
--
Sphera Funds Management Ltd.
478.93K
-11.05%
Alyeska Investment Group, L.P.
456.16K
--
Millennium Management LLC
402.38K
-14.52%
1
2

Risk Assessment

Currency: USD Updated: 2026-02-06

The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Biotechnology & Medical Research domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Skye Bioscience Inc is 1.95, ranking 266 out of 392 in the Biotechnology & Medical Research industry. The company's beta value is 2.85. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.

Score

Industry at a Glance

Previous score
1.95
Change
0
Beta vs S&P 500 index
2.85
VaR
+11.05%
240-Day Maximum Drawdown
+84.69%
240-Day Volatility
+164.62%

Return

Best Daily Return
60 days
+17.73%
120 days
+17.73%
5 years
+76.94%
Worst Daily Return
60 days
-11.34%
120 days
-60.00%
5 years
-60.00%
Sharpe Ratio
60 days
-2.07
120 days
-1.43
5 years
+0.11

Risk Assessment

Maximum Drawdown
240 days
+84.69%
3 years
--
5 years
--
Return-to-Drawdown Ratio
240 days
-0.85
3 years
--
5 years
--
Skewness
240 days
-0.76
3 years
+1.18
5 years
+1.26

Volatility

Realised Volatility
240 days
+164.62%
5 years
--
Standardised True Range
240 days
+31.42%
5 years
--
Downside Risk-Adjusted Return
120 days
-149.44%
240 days
-149.44%
Maximum Daily Upside Volatility
60 days
+80.37%
Maximum Daily Downside Volatility
60 days
+64.81%

Liquidity

Average Turnover Rate
60 days
+2.96%
120 days
+2.99%
5 years
--
Turnover Deviation
20 days
--
60 days
--
120 days
--

Peer Comparison

Biotechnology & Medical Research
Skye Bioscience Inc
Skye Bioscience Inc
SKYE
5.99 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Alkermes Plc
Alkermes Plc
ALKS
8.60 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Ascendis Pharma A/S
Ascendis Pharma A/S
ASND
8.53 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Ionis Pharmaceuticals Inc
Ionis Pharmaceuticals Inc
IONS
8.38 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
IQVIA Holdings Inc
IQVIA Holdings Inc
IQV
8.37 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
BioCryst Pharmaceuticals Inc
BioCryst Pharmaceuticals Inc
BCRX
8.17 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
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