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Skye Bioscience (SKYE) Competitors

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$3.21 -0.54 (-14.40%)
Closing price 01/31/2025 04:00 PM Eastern
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$3.26 +0.06 (+1.71%)
As of 01/31/2025 07:44 PM Eastern
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SKYE vs. VYGR, TRVI, ENGN, SOPH, ATYR, DSGN, IMMP, ELDN, CTNM, and YMAB

Should you be buying Skye Bioscience stock or one of its competitors? The main competitors of Skye Bioscience include Voyager Therapeutics (VYGR), Trevi Therapeutics (TRVI), enGene (ENGN), SOPHiA GENETICS (SOPH), Atyr PHARMA (ATYR), Design Therapeutics (DSGN), Immutep (IMMP), Eledon Pharmaceuticals (ELDN), Contineum Therapeutics (CTNM), and Y-mAbs Therapeutics (YMAB). These companies are all part of the "pharmaceutical products" industry.

Skye Bioscience vs.

Skye Bioscience (NASDAQ:SKYE) and Voyager Therapeutics (NASDAQ:VYGR) are both small-cap medical companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, risk, dividends, community ranking, institutional ownership, profitability, valuation, analyst recommendations and media sentiment.

Skye Bioscience currently has a consensus target price of $18.67, suggesting a potential upside of 481.52%. Voyager Therapeutics has a consensus target price of $15.97, suggesting a potential upside of 192.96%. Given Skye Bioscience's higher probable upside, equities analysts plainly believe Skye Bioscience is more favorable than Voyager Therapeutics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Skye Bioscience
0 Sell rating(s)
0 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
3.00
Voyager Therapeutics
0 Sell rating(s)
0 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
3.11

Voyager Therapeutics received 383 more outperform votes than Skye Bioscience when rated by MarketBeat users. However, 100.00% of users gave Skye Bioscience an outperform vote while only 67.70% of users gave Voyager Therapeutics an outperform vote.

CompanyUnderperformOutperform
Skye BioscienceOutperform Votes
11
100.00%
Underperform Votes
No Votes
Voyager TherapeuticsOutperform Votes
394
67.70%
Underperform Votes
188
32.30%

Voyager Therapeutics has a net margin of 15.80% compared to Skye Bioscience's net margin of 0.00%. Voyager Therapeutics' return on equity of 8.33% beat Skye Bioscience's return on equity.

Company Net Margins Return on Equity Return on Assets
Skye BioscienceN/A -45.78% -37.44%
Voyager Therapeutics 15.80%8.33%6.15%

Voyager Therapeutics has higher revenue and earnings than Skye Bioscience.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Skye BioscienceN/AN/A-$37.65MN/AN/A
Voyager Therapeutics$250.01M1.19$132.33M$0.717.68

21.1% of Skye Bioscience shares are held by institutional investors. Comparatively, 48.0% of Voyager Therapeutics shares are held by institutional investors. 3.0% of Skye Bioscience shares are held by company insiders. Comparatively, 4.5% of Voyager Therapeutics shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, Voyager Therapeutics had 7 more articles in the media than Skye Bioscience. MarketBeat recorded 9 mentions for Voyager Therapeutics and 2 mentions for Skye Bioscience. Skye Bioscience's average media sentiment score of 1.00 beat Voyager Therapeutics' score of 0.67 indicating that Skye Bioscience is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Skye Bioscience
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Voyager Therapeutics
1 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Skye Bioscience has a beta of 1.85, meaning that its stock price is 85% more volatile than the S&P 500. Comparatively, Voyager Therapeutics has a beta of 0.93, meaning that its stock price is 7% less volatile than the S&P 500.

Summary

Voyager Therapeutics beats Skye Bioscience on 12 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SKYE vs. The Competition

MetricSkye BiosciencePharmaceutical IndustryMedical SectorNASDAQ Exchange
Market Cap$97.39M$6.87B$5.57B$9.12B
Dividend YieldN/A2.90%5.31%3.98%
P/E RatioN/A9.9789.9118.25
Price / SalesN/A319.181,257.0888.31
Price / CashN/A73.5045.9637.70
Price / Book-18.885.275.124.71
Net Income-$37.65M$136.98M$111.09M$224.24M
7 Day Performance15.30%-0.75%0.09%-0.25%
1 Month Performance13.43%0.05%3.20%1.48%
1 Year Performance-19.75%8.98%25.75%21.06%

Skye Bioscience Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SKYE
Skye Bioscience
1.4478 of 5 stars
$3.21
-14.4%
$18.67
+481.5%
-19.3%$104.06MN/A0.0011News Coverage
Positive News
Gap Up
High Trading Volume
VYGR
Voyager Therapeutics
4.7456 of 5 stars
$5.63
+0.1%
$15.97
+183.8%
-25.0%$307.35M$250.01M7.92100
TRVI
Trevi Therapeutics
2.5838 of 5 stars
$3.97
+1.5%
$9.31
+134.7%
+177.5%$304.94MN/A-9.0220Short Interest ↓
News Coverage
ENGN
enGene
3.052 of 5 stars
$6.80
-5.1%
$29.78
+338.2%
-14.5%$300.48MN/A-11.7231Short Interest ↓
News Coverage
SOPH
SOPHiA GENETICS
2.8195 of 5 stars
$4.46
+6.1%
$7.40
+66.1%
-23.7%$291.31M$64.49M-4.09520Short Interest ↓
Gap Down
High Trading Volume
ATYR
Atyr PHARMA
2.4713 of 5 stars
$3.47
-3.5%
$19.25
+455.6%
N/A$290.85M$350,000.00-3.6953Short Interest ↑
News Coverage
Positive News
DSGN
Design Therapeutics
2.1546 of 5 stars
$5.05
+1.5%
$7.00
+38.8%
+104.6%$285.65MN/A-5.9440Short Interest ↑
News Coverage
Gap Down
IMMP
Immutep
1.8904 of 5 stars
$1.94
-1.5%
$8.50
+339.3%
-3.7%$281.66M$5.14M0.002,021News Coverage
ELDN
Eledon Pharmaceuticals
3.094 of 5 stars
$4.67
+5.3%
$16.00
+243.0%
+153.9%$278.69MN/A-2.3210Analyst Forecast
Short Interest ↓
CTNM
Contineum Therapeutics
3.2561 of 5 stars
$10.79
-3.5%
$29.25
+171.2%
N/A$278.06M$50M0.0031Upcoming Earnings
Gap Down
YMAB
Y-mAbs Therapeutics
2.1259 of 5 stars
$6.20
-0.9%
$20.89
+237.2%
-53.3%$277.47M$84.82M-11.47150

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This page (NASDAQ:SKYE) was last updated on 2/1/2025 by MarketBeat.com Staff
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