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NASDAQ:SKYE

Skye Bioscience (SKYE) Stock Price, News & Analysis

Skye Bioscience logo
$1.69 +0.01 (+0.60%)
As of 02:22 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Skye Bioscience Stock (NASDAQ:SKYE)

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Key Stats

Today's Range
$1.68
▼
$1.77
50-Day Range
$1.57
▼
$4.67
52-Week Range
$1.50
▼
$14.08
Volume
13,582 shs
Average Volume
61,070 shs
Market Capitalization
$7.48 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
Hold

Company Overview

Skye Bioscience, Inc. (NASDAQ:SKYE) is a clinical-stage biopharmaceutical company focused on developing medicines that modulate the endocannabinoid system, with an emphasis on the cannabinoid CB1 receptor. The company’s research is aimed at addressing metabolic, inflammatory and fibrotic diseases while seeking to avoid the central nervous system effects associated with conventional CB1-targeting compounds.

Skye’s lead program is nimacimab, a peripherally restricted monoclonal antibody designed to inhibit CB1 receptor activity outside the brain. The therapy has been evaluated in clinical studies involving obesity and related metabolic conditions, including nonalcoholic steatohepatitis, now commonly referred to as metabolic dysfunction-associated steatohepatitis. Skye has also historically developed SBI-100 Ophthalmic Emulsion, an investigational CB1 receptor agonist studied for glaucoma and ocular hypertension.

Founded in 2011 and headquartered in San Diego, California, Skye has concentrated its operations on research, clinical development and collaborations supporting its cannabinoid-based drug candidates. Punit Dhillon is a co-founder and has served as the company’s president and chief executive officer.

AI Generated. May Contain Errors.

Skye Bioscience Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
27th Percentile Overall Score

SKYE MarketRank™: 

Skye Bioscience scored higher than 27% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Skye Bioscience has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, no hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Skye Bioscience has only been the subject of 1 research reports in the past 90 days.

  • Read more about Skye Bioscience's stock forecast and price target.
  • Earnings Growth

    Earnings for Skye Bioscience are expected to grow in the coming year, from ($5.04) to ($4.56) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Skye Bioscience is -0.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Skye Bioscience is -0.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Skye Bioscience has a P/B Ratio of 0.35. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.82% of the float of Skye Bioscience has been sold short.
  • Short Interest Ratio / Days to Cover

    Skye Bioscience has a short interest ratio ("days to cover") of 1.36, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Skye Bioscience has recently decreased by 9.08%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Skye Bioscience does not currently pay a dividend.

  • Dividend Growth

    Skye Bioscience does not have a long track record of dividend growth.

  • MarketBeat Follows

    2 people have added Skye Bioscience to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Skye Bioscience insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $889,198.00 in company stock.

  • Percentage Held by Insiders

    6.20% of the stock of Skye Bioscience is held by insiders.

  • Percentage Held by Institutions

    21.09% of the stock of Skye Bioscience is held by institutions.

  • Read more about Skye Bioscience's insider trading history.
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SKYE Stock News Headlines

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SKYE Stock Analysis - Frequently Asked Questions

Skye Bioscience's stock was trading at $5.9976 at the beginning of the year. Since then, SKYE shares have decreased by 71.2% and is now trading at $1.7250.

Skye Bioscience, Inc. (NASDAQ:SKYE) announced its quarterly earnings data on Friday, August, 14th. The company reported ($0.27) earnings per share for the quarter, beating the consensus estimate of ($0.29) by $0.02.

Skye Bioscience's stock reverse split on the morning of Monday, August 24th 2026.A 1-8 reverse split was announced. The number of shares owned by shareholders was adjusted after the closing bell on Sunday, August 23rd 2026. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

Skye Bioscience (SKYE) raised $100,000 in an IPO on Thursday, April 11th 2024. The company issued 2,000,000 shares at a price of $0.05 per share.

Shares of SKYE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Skye Bioscience investors own include Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Netflix (NFLX), Tesla (TSLA) and Alphabet (GOOG).

Company Calendar

Last Earnings
8/14/2026
Today
10/09/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:SKYE
Previous Symbol
OTCMKTS:EMBI
CIK
1516551
Fax
N/A
Employees
12
Year Founded
2012

Profitability

EPS (Trailing Twelve Months)
($10.16)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$55.92 million
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
-329.08%
Return on Assets
-201.79%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.95
Quick Ratio
0.95

Sales & Book Value

Annual Sales
N/A
Price / Sales
N/A
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$5.00 per share
Price / Book
0.34

Miscellaneous

Outstanding Shares
4,428,000
Free Float
4,153,000
Market Cap
$7.48 million
Optionable
Optionable
Beta
2.86

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This page (NASDAQ:SKYE) was last updated on 10/9/2026 by MarketBeat.com Staff.
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