Skye Bioscience, Inc. (SKYE)

NASDAQ: SKYE · Real-Time Price · USD
0.8136
-0.0576 (-6.61%)
At close: May 15, 2026, 4:00 PM EDT
0.8100
-0.0036 (-0.44%)
Pre-market: May 18, 2026, 5:12 AM EDT
Market Cap28.58M -54.6%
Revenue (ttm)n/a
Net Income-57.33M
EPS-1.45
Shares Out 35.13M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume197,254
Open0.8700
Previous Close0.8712
Day's Range0.8026 - 0.8700
52-Week Range0.5655 - 5.7500
Beta3.02
AnalystsBuy
Price Target7.71 (+847.64%)
Earnings DateMay 11, 2026

About SKYE

Skye Bioscience, Inc., a clinical-stage biotechnology company, focuses on developing molecules that modulate G-protein-coupled receptors (GPCRs) to treat obesity, overweight, and metabolic diseases. Its lead product candidate is nimacimab, a peripherally restricted negative allosteric modulating antibody targeting cannabinoid receptor 1, a key GPCR involved in metabolic regulation. The company was formerly known as Emerald Bioscience, Inc. and changed its name to Skye Bioscience, Inc. in January 2021. Skye Bioscience, Inc. is headquartered in S... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2012
Employees 12
Stock Exchange NASDAQ
Ticker Symbol SKYE
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 8 analysts, the average rating for SKYE stock is "Buy." The 12-month stock price target is $7.71, which is an increase of 847.64% from the latest price.

Price Target
$7.71
(847.64% upside)
Analyst Consensus: Buy
Stock Forecasts

News

UPDATE – Skye Bioscience Reports First Quarter 2026 Financial Results and Business Update

SAN DIEGO, May 12, 2026 (GLOBE NEWSWIRE) -- Skye Bioscience, Inc. (Nasdaq: SKYE) (“Skye” or the “Company”), a clinical stage biotechnology company developing next-generation molecules that modulate G-...

5 days ago - GlobeNewsWire

Skye Bioscience price target lowered to $6 from $13 at Piper Sandler

Piper Sandler lowered the firm’s price target on Skye Bioscience (SKYE) to $6 from $13 and keeps an Overweight rating on the shares. The firm notes Skye ended Q1 2026…

5 days ago - TheFly

Skye Bioscience reports Q1 EPS (32c), consensus (32c)

“Since our March update, execution has focused on turning CBeyond into a Phase 2b-ready development program,” said Punit Dhillon, President & CEO of Skye. “We have now initiated enrollment of…

6 days ago - TheFly

Skye Bioscience Reports First Quarter 2026 Financial Results and Business Update

SAN DIEGO, May 11, 2026 (GLOBE NEWSWIRE) -- Skye Bioscience, Inc. (Nasdaq: SKYE) (“Skye” or the “Company”), a clinical stage biotechnology company developing next-generation molecules that modulate G-...

6 days ago - GlobeNewsWire

Skye Bioscience Presenting at GLP-1-Based Therapeutics Summit

SAN DIEGO, April 07, 2026 (GLOBE NEWSWIRE) -- Skye Bioscience, Inc. (Nasdaq: SKYE) (“Skye”) a clinical-stage biotechnology company focused on unlocking new therapeutic pathways for obesity and other m...

5 weeks ago - GlobeNewsWire

Skye Bioscience Treats First Patient in Nimacimab Higher-Dose Expansion Study Evaluating Exposure-Response to Inform Phase 2b Dose Selection for GLP-1 Combination Development

Topline safety and pharmacokinetic data expected in Q4 2026; an independent Data Monitoring Committee is overseeing the study Topline safety and pharmacokinetic data expected in Q4 2026; an independen...

6 weeks ago - GlobeNewsWire

Skye Bioscience Earnings Call Transcript: Q4 2025

Nimacimab's CBeyond program showed strong additive weight loss and safety in combination with GLP-1s, with higher dose studies and subcutaneous delivery advancing toward Phase IIb. Cash runway extends through Q4 2026, and early APC platform data support future pipeline growth.

2 months ago - Transcripts

Skye Bioscience reports Q4 EPS (36c), consensus (31c)

Cash, cash equivalents, and short-term investments totaled $25.7M as of December 31, 2025. “All of the data generated and reported in the past year along with the incremental data highlighted…

2 months ago - TheFly

Skye Bioscience Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Business Update

SAN DIEGO, March 10, 2026 (GLOBE NEWSWIRE) -- Skye Bioscience, Inc. (NASDAQ: SKYE) (“Skye” or the “Company”), a clinical stage biopharmaceutical company pioneering next-generation molecules that modul...

2 months ago - GlobeNewsWire

Skye Bioscience to Announce 2025 Financial Results and Business Update on March 10, 2026

SAN DIEGO, March 05, 2026 (GLOBE NEWSWIRE) -- Skye Bioscience, Inc. (Nasdaq: SKYE) (“Skye”), a clinical-stage biotechnology company focused on unlocking new therapeutic pathways for obesity and other ...

2 months ago - GlobeNewsWire

Skye Bioscience announces 52-week data from Phase 2a CBeyond study of nimacimab

Skye Bioscience (SKYE) announced interim 52-week data from the combination therapy arms in the extension phase of the Phase 2a CBeyond proof-of-concept study of nimacimab, its peripherally-restricted ...

3 months ago - TheFly

Skye Reports Positive CBeyond Phase 2a Extension Interim Study Results for Nimacimab in Combination With Semaglutide

22.3% total weight loss at 52 weeks with nimacimab (200 mg dose) + semaglutide (2.4 mg) combination — no plateau observed, suggesting potential for further efficacy beyond one year and at higher nimac...

3 months ago - GlobeNewsWire

Skye Bioscience presents poster on efficacy of Nimacimab

Skye Bioscience (SKYE) presented a poster titled “Investigating the Efficacy of Nimacimab Alone or in Combination with Tirzepatide, and as a Maintenance Therapy Post Tirzepatide Discontinuation in a D...

3 months ago - TheFly

Skye Bioscience Highlights Attributes of its Peripherally-restricted CB1 Inhibitor Antibody at Keystone Obesity Conference

SAN DIEGO, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Skye Bioscience, Inc. (Nasdaq: SKYE) (“Skye”) a clinical-stage biotechnology company focused on unlocking new therapeutic pathways for obesity and other me...

3 months ago - GlobeNewsWire

Skye Bioscience to Present Poster at Keystone Obesity Conference

SAN DIEGO, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Skye Bioscience, Inc. (Nasdaq: SKYE) (“Skye”) a clinical-stage biotechnology company focused on unlocking new therapeutic pathways for obesity and other me...

4 months ago - GlobeNewsWire

Skye Bioscience provides 2026 corporate outlook

“In 2025 we generated our Phase 2a clinical data, deepened our understanding of nimacimab’s exposure-response dynamics, and built the technical foundation required to test higher doses and prepare the...

4 months ago - TheFly

Skye Provides 2026 Corporate Outlook

CBeyond TM Phase 2a 26-week extension data update and interim results expected Q1 2026. CBeyond Phase 2a Data Monitoring Committee (DMC) meeting on December 14, 2025, continued to demonstrate favorabl...

4 months ago - GlobeNewsWire

Skye Bioscience, Halozyme enter collaboration, license agreement

Halozyme Therapeutics (HALO) and Skye Bioscience (SKYE) announced the companies entered into a non-exclusive global collaboration and license agreement in December 2025. Under the collaboration, Skye ...

Other symbols: HALO
4 months ago - TheFly

Halozyme, Skye Bioscience announce global collaboration, license agreement

Halozyme Therapeutics (HALO) and Skye Bioscience (SKYE) announced the companies entered into a non-exclusive global collaboration and license agreement in December 2025. Under the collaboration, Skye ...

Other symbols: HALO
4 months ago - TheFly

Halozyme and Skye Bioscience Announce Global Collaboration and License Agreement to Evaluate Nimacimab Co-Formulated with ENHANZE® for Obesity

Agreement supports development and commercialization of higher-dose, subcutaneous administration strategies for nimacimab SAN DIEGO, Jan. 5, 2026 /PRNewswire/ -- Halozyme Therapeutics, Inc. (Nasdaq: H...

Other symbols: HALO
4 months ago - PRNewsWire

Did You Suffer Financial Loss in Skye Bioscience, Inc.? Stockholders Should Contact Robbins LLP for Information About Their Rights Against SKYE.

SAN DIEGO--(BUSINESS WIRE)---- $SKYE #Biopharmaceutical--Robbins LLP: Company: Skye Bioscience, Inc. (NYSE: SKYE) is a clinical stage biopharmaceutical company that focuses on developing molecules tha...

5 months ago - Business Wire

Lawsuit DEADLINE: Investors who purchased over $100,000 worth of shares of Skye Bioscience, Inc. (NASDAQ: SKYE) between Nov. 2024 and Oct. 2025 should contact the Shareholders Foundation

SAN DIEGO , Dec. 8, 2025 /PRNewswire/ -- The Shareholders Foundation, Inc. announces that a deadline is coming up in the lawsuit for certain investors in shares of Skye Bioscience, Inc. (NASDAQ: SKYE)...

5 months ago - PRNewsWire

Skye Bioscience Transcript: Piper Sandler 37th Annual Healthcare Conference

A peripherally restricted CB1 antibody shows promise for obesity, with strong safety and synergistic weight loss when combined with incretins. Ongoing studies focus on higher dosing, durability, and optimal combinations, supported by robust preclinical and clinical data.

5 months ago - Transcripts

Skye Bioscience Transcript: Evercore ISI 8th Annual HealthCONx Conference

Phase II data for a peripherally restricted CB1 antibody showed suboptimal monotherapy efficacy but strong synergy with semaglutide, leading to 30% greater weight loss at 26 weeks. Higher dosing and improved formulations are planned, with key 52-week extension data expected in Q1.

5 months ago - Transcripts

Skye Bioscience to Participate in Upcoming Investment Conferences

San Diego, California--(Newsfile Corp. - November 24, 2025) - Skye Bioscience, Inc. (NASDAQ: SKYE) ("Skye"), a clinical-stage biotechnology company focused on unlocking new therapeutic pathways for ob...

6 months ago - Newsfile Corp