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NASDAQ:SKYE

Skye Bioscience (SKYE) Stock Price, News & Analysis

Skye Bioscience logo
$0.86 +0.02 (+2.15%)
As of 10:27 AM 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
$0.84
▼
$0.88
50-Day Range
$0.69
▼
$2.23
52-Week Range
$0.50
▼
$12.72
Volume
37,290 shs
Average Volume
65,049 shs
Market Capitalization
$3.79 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
Hold

Company Overview

Skye Bioscience, Inc. is a clinical-stage biopharmaceutical company focused on developing therapies that modulate the endocannabinoid system, a network involved in metabolism, inflammation and immune regulation. The company is based in San Diego, California, and develops drug candidates for conditions in which endocannabinoid signaling may contribute to disease.

Skye’s lead program is nimacimab, an investigational monoclonal antibody designed to inhibit the cannabinoid 1 (CB1) receptor outside the central nervous system. The company is studying nimacimab for metabolic and inflammatory diseases, including obesity and metabolic dysfunction-associated steatohepatitis (MASH). Its approach is intended to address the potential therapeutic benefits of CB1 modulation while limiting central nervous system effects associated with earlier CB1-targeting medicines.

The company has also investigated ophthalmic applications of endocannabinoid-system modulation, including SBI-100 Ophthalmic Emulsion for eye diseases such as glaucoma. Skye’s research and clinical development activities are conducted through collaborations with investigators, clinical research organizations and other industry partners as its programs advance through clinical testing.

AI Generated. May Contain Errors.

Skye Bioscience Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
32nd Percentile Overall Score

SKYE MarketRank™: 
1.62281278779 of 5 stars

Skye Bioscience scored higher than 32% 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 -0.08, 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 -0.08, 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 0.17. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.11% 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 6.28.
  • Change versus previous month

    Short interest in Skye Bioscience has recently decreased by 7.84%, 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.

  • News Sentiment

    Skye Bioscience has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Skye Bioscience this week, compared to 5 articles on an average week.
  • Search Interest

    1 people have searched for SKYE on MarketBeat in the last 30 days.
  • MarketBeat Follows

    2 people have added Skye Bioscience to their MarketBeat watchlist in the last 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

Skye Bioscience (NASDAQ:SKYE) Stock Price Down 4.8% - Here's Why
Social Security’s trust fund runs short in 2032. Guess who controls Congress.
Social Security's retirement trust fund is projected to run dry in late 2032, per the 2026 Trustees Report. After that, only about 78% of scheduled benefits can be paid unless Congress acts. Higher taxes, smaller checks or more borrowing are all on the table. The morning after Democrats took Congress, gold jumped almost 3% and silver jumped 4%. If you count on Social Security for any part of your retirement, a backup plan matters before 2032.tc pixel
See More Headlines

SKYE Stock Analysis - Frequently Asked Questions

Skye Bioscience's stock was trading at $5.9976 on January 1st, 2026. Since then, SKYE stock has decreased by 86.0% and is now trading at $0.8390.

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

Skye Bioscience shares reverse split on Monday, August 24th 2026.A 1-8 reverse split was announced. The number of shares owned by shareholders was adjusted after the market closes 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 initial public offering (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 Emerald Health Therapeutics (EMHTF), NVIDIA (NVDA), Tesla (TSLA), Ford Motor (F), Canopy Growth (CGC), Editas Medicine (EDIT) and Intel (INTC).

Company Calendar

Last Earnings
8/14/2026
Today
11/11/2026
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
0.17

Miscellaneous

Outstanding Shares
4,428,000
Free Float
4,153,000
Market Cap
$3.79 million
Optionable
Optionable
Beta
3.13

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This page (NASDAQ:SKYE) was last updated on 11/11/2026 by MarketBeat.com Staff.
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