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Skye Bioscience Inc

SKYE
1.510USD
+0.090+6.34%
Close 11/05, 16:00ETQuotes delayed by 15 min
46.79MMarket Cap
LossP/E TTM

Skye Bioscience Inc

1.510
+0.090+6.34%
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: 2025-11-05

Key Insights

The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, 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
133 / 407
Overall Ranking
266 / 4616
Industry
Biotechnology & Medical Research

Support & Resistance

No Data

Score Analysis

Current score
Previous score

Analyst Rating

Based on 8 analysts
Buy
Current Rating
8.714
Target Price
+513.68%
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 Highlights

StrengthsRisks
Skye Bioscience, Inc. is a clinical-stage biotechnology company focused on the discovery, development and commercialization of novel classes of therapeutic drugs that modulate the endocannabinoid system. The Company's clinical assets focus on the modulation of cannabinoid receptor 1 (CB1) to provide novel treatments and alternatives for diseases caused by metabolic disorders, inflammation, fibrosis and neurodegeneration, such as obesity and glaucoma. Its Phase 2 clinical candidates include nimacimab, a negative allosteric modulating antibody that inhibits peripheral CB1 receptors, being developed for the treatment of obesity and SBI-100 Ophthalmic Emulsion (SBI-100 OE), a CB1 agonist (activator), being developed for the treatment of glaucoma and ocular hypertension. The Company's Phase 2 study in obesity is designed to evaluate nimacimab's weight loss potential either as a single agent or in combination with a glucagon-like peptide-1 (GLP-1) agonist like semaglutide.
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 -1.42, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 20.44M shares, decreasing 31.07% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 837.96K shares of this stock.

Financial Health

Currency: USD Updated: 2025-11-05

The company's current financial score is 7.00, which is higher than the Biotechnology & Medical Research industry's average of 6.92. 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
No Data

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: 2025-11-05

The company’s current valuation score is 6.19, which is lower than the Biotechnology & Medical Research industry's average of 7.05. Its current P/E ratio is -1.42, which is -858.62% below the recent high of 10.76 and -263.22% 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 133/407
No Data

Earnings Forecast

Currency: USD Updated: 2025-11-05

The company’s current earnings forecast score is 8.25, which is higher than the Biotechnology & Medical Research industry's average of 8.00. The average price target for Skye Bioscience Inc is 10.00, with a high of 20.00 and a low of 2.00.

Score

Industry at a Glance

Previous score
8.25
Change
0

Support & Resistance

No Data

Analyst Rating

Based on 8 analysts
Buy
Current Rating
8.714
Target Price
+513.68%
Upside Space
Strong Buy
Buy
Hold
Sell
Strong Sell

Peer Comparison

521
Total
6
Median
6
Average
Company name
Ratings
Analysts
Skye Bioscience Inc
SKYE
8
CRISPR Therapeutics AG
CRSP
30
Intellia Therapeutics Inc
NTLA
25
IQVIA Holdings Inc
IQV
25
Ionis Pharmaceuticals Inc
IONS
25
argenx SE
ARGX
25
1
2
3
...
104

Financial Forecasting

EPS
Revenue
Net Profit
EBIT
No Data

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: 2025-11-05

The company’s current price momentum score is 5.95, which is lower than the Biotechnology & Medical Research industry's average of 6.49. Sideways: Currently, the stock price is trading between the resistance level at 1.74 and the support level at 1.29, making it suitable for range-bound swing trading.

Score

Industry at a Glance

Previous score
5.78
Change
0.17

Support & Resistance

No Data

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(1)
Neutral(4)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
0.158
Neutral
RSI(14)
36.183
Neutral
STOCH(KDJ)(9,3,3)
32.268
Neutral
ATR(14)
0.111
Low Volatility
CCI(14)
12.770
Neutral
Williams %R
42.857
Buy
TRIX(12,20)
-2.987
Sell
StochRSI(14)
100.000
Buy
Moving Average
Sell(5)
Neutral(0)
Buy(1)
Indicators
Value
Direction
MA5
1.490
Buy
MA10
1.519
Sell
MA20
1.512
Sell
MA50
2.826
Sell
MA100
3.219
Sell
MA200
2.744
Sell

Institutional Confidence

Currency: USD Updated: 2025-11-05

The company’s current institutional recognition score is 5.00, which is lower than the Biotechnology & Medical Research industry's average of 5.16. The latest institutional shareholding proportion is 65.96%, representing a quarter-over-quarter decrease of 15.92%. The largest institutional shareholder is The Vanguard, holding a total of 837.96K shares, representing 2.70% of shares outstanding, with 2.70% decrease in holdings.

Score

Industry at a Glance

Previous score
5.00
Change
0

Institutional Shareholding

No Data

Shareholder Activity

Name
Shares Held
Chg %
5AM Ventures
9.68M
-2.33%
Versant Ventures
2.01M
--
Baker Bros. Advisors LP
1.45M
--
Schonfeld Strategic Advisors LLC
1.10M
-32.11%
The Vanguard Group, Inc.
Star Investors
837.96K
-12.11%
Ensign Peak Advisors, Inc.
767.29K
--
Driehaus Capital Management, LLC
620.39K
--
Sphera Funds Management Ltd.
538.43K
-63.53%
Millennium Management LLC
470.73K
--
Alyeska Investment Group, L.P.
456.16K
--
1
2

Risk Assessment

Currency: USD Updated: 2025-11-05

The company’s current risk assessment score is 1.42, which is lower than the Biotechnology & Medical Research industry's average of 3.47. The company's beta value is 2.67. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.

Score

Industry at a Glance

Previous score
1.42
Change
0
Beta vs S&P 500 index
2.67
VaR
+11.16%
240-Day Maximum Drawdown
+73.27%
240-Day Volatility
+169.48%

Return

Best Daily Return
60 days
+14.17%
120 days
+32.87%
5 years
+76.94%
Worst Daily Return
60 days
-60.00%
120 days
-60.00%
5 years
-60.00%
Sharpe Ratio
60 days
-1.23
120 days
+0.55
5 years
+0.26

Risk Assessment

Maximum Drawdown
240 days
+73.27%
3 years
--
5 years
--
Return-to-Drawdown Ratio
240 days
-0.89
3 years
--
5 years
--
Skewness
240 days
-0.75
3 years
+1.14
5 years
+1.29

Volatility

Realised Volatility
240 days
+169.48%
5 years
--
Standardised True Range
240 days
+21.55%
5 years
--
Downside Risk-Adjusted Return
120 days
+62.87%
240 days
+62.87%
Maximum Daily Upside Volatility
60 days
+130.91%
Maximum Daily Downside Volatility
60 days
+132.46%

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
6.16 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
CytomX Therapeutics Inc
CytomX Therapeutics Inc
CTMX
8.54 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
NewAmsterdam Pharma Company NV
NewAmsterdam Pharma Company NV
NAMS
8.53 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
BioCryst Pharmaceuticals Inc
BioCryst Pharmaceuticals Inc
BCRX
8.53 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Insmed Inc
Insmed Inc
INSM
8.50 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Amicus Therapeutics Inc
Amicus Therapeutics Inc
FOLD
8.49 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
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