Skye Bioscience Inc (SKYE)

Skye Bioscience Inc. is a clinical-stage biotechnology company listed on NASDAQ under the ticker SKYE. The company is focused on developing molecules that modulate G-protein-coupled receptors, or GPCRs, for the potential treatment of obesity, overweight, and metabolic diseases. Its lead candidate is nimacimab, a peripherally restricted negative allosteric modulating antibody designed to target cannabinoid receptor 1, a GPCR involved in metabolic regulation. The company is headquartered in San Diego, California. Formerly known as Emerald Bioscience, Inc., it adopted the Skye Bioscience name in January 2021.


Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Dividend Yield Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Free Cash Flow / Net Income
NASDAQ-SKYE
$1.57
51.3% Upside
Bargain
$68 6,438.5% Upside
Not available
Bargain
0.0%
4.605 M
-4.838 M
3.4%
71.0%
-88.5
76.9%
Valuation • Fair Value

Skye Bioscience Inc (NASDAQ-SKYE) Fair Value by Valuation Model

Review the available estimates for Skye Bioscience Inc (NASDAQ-SKYE), including DCF Fair Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$1.57

Estimated upside of 51.3% versus the current market price.

Fair Value Confidence

Very low

Confidence level for the primary fair value estimate.

DCF Fair Value

$1.76

Discounted cash flow valuation reference.

Comps Fair Value

$1.45

Comparable-company valuation reference.

Analyst Price Target

$68 6,438.5% Upside

Current consensus analyst target, where available.

How to read these valuation models

Use the 5 available valuation references for Skye Bioscience Inc (NASDAQ-SKYE) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for Skye Bioscience Inc (NASDAQ-SKYE)

Review the profitability and growth indicators currently supported by the latest data.

Revenue Forecast

0 K

Forward revenue estimate.

EBITDA

-47.367 M

Current operating profitability reference.

How to read profitability and growth

This section helps investors review Skye Bioscience Inc (NASDAQ-SKYE) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Skye Bioscience Inc (NASDAQ-SKYE)

Review the financial quality and risk indicators currently supported by the latest data.

Piotroski Score

1

Weak quality score that deserves closer review.

Altman Z-Score

-88.5

Lower score that deserves closer risk review.

FCF / Net Income

76.9%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Skye Bioscience Inc (NASDAQ-SKYE). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Dividend Profile for Skye Bioscience Inc (NASDAQ-SKYE)

Review the dividend metrics currently supported by the latest data.

Dividend Yield

0.0%

No current dividend yield is indicated.

How to read events and dividends

The latest data indicates no current dividend yield for Skye Bioscience Inc (NASDAQ-SKYE). No upcoming dividend amount or event date is currently available.

Stock Forecast • Technical Outlook

Skye Bioscience Inc (NASDAQ-SKYE) Stock Forecast & Technical Outlook

Review Skye Bioscience Inc (NASDAQ-SKYE) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Sell

The 15-minute technical read for Skye Bioscience Inc (NASDAQ-SKYE) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Neutral

The 1-hour technical read for Skye Bioscience Inc (NASDAQ-SKYE) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Sell

The daily technical read for Skye Bioscience Inc (NASDAQ-SKYE) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Sell

The weekly technical read for Skye Bioscience Inc (NASDAQ-SKYE) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Sell

The monthly technical read for Skye Bioscience Inc (NASDAQ-SKYE) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Skye Bioscience Inc (NASDAQ-SKYE)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Buy

Based on the available recommendation mix, Skye Bioscience Inc (NASDAQ-SKYE) has a Buy consensus, with 2 buy, 2 hold and 0 sell recommendations in the current data set.

Buy 2
Hold 2
Sell 0
FAQ • Fast Investor Answers

Skye Bioscience Inc (NASDAQ-SKYE) Stock FAQ

Data-supported answers about Skye Bioscience Inc (NASDAQ-SKYE), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$1.57
Estimated upside 51.3%
Valuation Rating
Undervalued
Estimated upside of 51.3%
Analyst Target
$68 6,438.5% Upside
Data is currently unavailable

The current fair value estimate for Skye Bioscience Inc (NASDAQ-SKYE) is $1.57. This implies an estimated upside of 51.3% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 51.3% versus the current market price.

The available analyst price target for Skye Bioscience Inc (NASDAQ-SKYE) is $68 6,438.5% Upside.

The latest available data indicates no current dividend yield for Skye Bioscience Inc (NASDAQ-SKYE).

The current market capitalization listed for Skye Bioscience Inc is 4.605 M.

The current enterprise value listed for Skye Bioscience Inc is -4.838 M. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Skye Bioscience Inc is NASDAQ-SKYE, and the stock is listed on NASDAQ.

Skye Bioscience Inc (NASDAQ-SKYE) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for Skye Bioscience Inc is 3.4%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Skye Bioscience Inc is 71.0%. Free float helps investors understand how much of the share base is available for public trading.