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Home โบ Stocks โบ Skye Bioscience Inc. (SKYE) Stock Forecast & Price Prediction United States | NASDAQ | Healthcare | Biotechnology
$1.14
-0.07 (-5.79%)Did SKYE Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Skye Bioscience is one of their latest high-conviction picks.
Based on our analysis of 9 Wall Street analysts, SKYE has a bullish consensus with a median price target of $7.50 (ranging from $2.00 to $20.00). The overall analyst rating is Strong Buy (8.5/10). Currently trading at $1.14, the median forecast implies a 557.9% upside. This outlook is supported by 6 Buy, 2 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Ananda Ghosh at HC Wainwright & Co., projecting a 1,654.4% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for SKYE.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Sep 30, 2025 | HC Wainwright & Co. | Ananda Ghosh | Buy | Initiates | $20.00 |
| Aug 15, 2025 | Evercore ISI Group | Michael DiFiore | Outperform | Initiates | $10.00 |
| Jun 24, 2025 | JMP Securities | Jonathan Wolleben | Market Outperform | Reiterates | $15.00 |
| Mar 21, 2025 | Craig-Hallum | Albert Lowe | Buy | Maintains | $14.00 |
| Mar 21, 2025 | Citizens Capital Markets | Jonathan Wolleben | Market Outperform | Reiterates | $15.00 |
| Feb 28, 2025 | William Blair | Andy Hsieh | Outperform | Initiates | $N/A |
| Sep 30, 2024 | Scotiabank | George Farmer | Sector Outperform | Initiates | $20.00 |
| Sep 20, 2024 | Cantor Fitzgerald | Kristen Kluska | Overweight | Reiterates | $14.00 |
| Sep 20, 2024 | Piper Sandler | Edward Tenthoff | Overweight | Reiterates | $20.00 |
| Sep 10, 2024 | JMP Securities | Jonathan Wolleben | Market Outperform | Initiates | $15.00 |
| Sep 9, 2024 | Cantor Fitzgerald | Kristen Kluska | Overweight | Reiterates | $14.00 |
| Sep 6, 2024 | Cantor Fitzgerald | Kristen Kluska | Overweight | Reiterates | $14.00 |
| Aug 27, 2024 | Cantor Fitzgerald | Kristen Kluska | Overweight | Reiterates | $14.00 |
| Jul 9, 2024 | Craig-Hallum | Albert Lowe | Buy | Initiates | $18.00 |
| Jul 1, 2024 | Cantor Fitzgerald | Kristen Kluska | Overweight | Reiterates | $14.00 |
| Jun 18, 2024 | Cantor Fitzgerald | Kristen Kluska | Overweight | Reiterates | $14.00 |
| Jun 17, 2024 | Cantor Fitzgerald | Kristen Kluska | Overweight | Reiterates | $14.00 |
| May 23, 2024 | Cantor Fitzgerald | Kristen Kluska | Overweight | Initiates | $21.00 |
| Apr 12, 2024 | Oppenheimer | Jay Olson | Outperform | Initiates | $25.00 |
| Mar 14, 2024 | Piper Sandler | Edward Tenthoff | Overweight | Reiterates | $20.00 |
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Skye Bioscience Inc. has a market capitalization of $36.55M with a P/E ratio of 3.6x. The company generates $0 in trailing twelve-month revenue with a 0.0% profit margin.
Revenue growth is N/A quarter-over-quarter, while maintaining an operating margin of 0.0% and return on equity of -94.3%.
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Develops cannabinoid-based pharmaceuticals for eye diseases.
Skye Bioscience generates revenue by developing and commercializing novel pharmaceuticals that incorporate cannabinoids, specifically targeting the treatment of eye conditions such as glaucoma. The company focuses on addressing unmet medical needs within the ophthalmology sector, which allows it to tap into a niche market with significant growth potential.
As a biotechnology firm, Skye Bioscience operates in a sector characterized by rapid advancements and increasing interest in alternative therapies. The company is well-positioned to benefit from evolving regulatory landscapes surrounding cannabis-derived compounds, which could lead to expanded opportunities for innovation and market penetration.
Healthcare
Biotechnology
16
Mr. Punit S. Dhillon B.A.
United States
2021
A class action lawsuit has been filed against Skye Bioscience, Inc. (NASDAQ: SKYE) for securities violations. Affected investors from Nov 4, 2024, to Oct 3, 2025, should contact Schall Law Firm by Jan 16, 2026.
The class action lawsuit against Skye Bioscience signals potential legal and financial risks, which could impact share prices and investor sentiment regarding the company's future.
Levi & Korsinsky, LLP has filed a class action lawsuit for Skye Bioscience, Inc. (NASDAQ: SKYE) on behalf of investors affected by alleged securities fraud from November 4, 2024, to October 3, 2025.
A class action lawsuit against Skye Bioscience for alleged securities fraud may lead to financial losses for investors, affecting stock value and market confidence.
The Gross Law Firm has issued a notice to shareholders of Skye Bioscience, Inc. (NASDAQ: SKYE) as of December 8, 2025.
The notice could indicate legal issues or shareholder actions involving Skye Bioscience, potentially affecting stock performance and investor sentiment.
Rosen Law Firm alerts investors in Skye Bioscience (NASDAQ: SKYE) who purchased securities between Nov 4, 2024, and Oct 3, 2025, of a January 16, 2026 lead plaintiff deadline.
The announcement signals potential legal issues for Skye Bioscience, which could affect stock performance and investor sentiment during the class period.
The Gross Law Firm is inviting Skye Bioscience, Inc. (NASDAQ: SKYE) shareholders to contact them about potential lead plaintiff appointments for a class action.
Shareholder notices indicate potential legal actions affecting Skye Bioscience, which can impact stock performance and investor sentiment, influencing trading decisions.
A class action lawsuit has been filed against Skye Bioscience, Inc. for investors who acquired securities from Nov 4, 2024, to Oct 3, 2025. Deadline to seek lead plaintiff status is Jan 16, 2026.
The class action lawsuit against Skye Bioscience signals potential legal and financial risks, which could impact stock performance and investor confidence.
Based on our analysis of 9 Wall Street analysts, Skye Bioscience Inc. (SKYE) has a median price target of $7.50. The highest price target is $20.00 and the lowest is $2.00.
According to current analyst ratings, SKYE has 6 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.14. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict SKYE stock could reach $7.50 in the next 12 months. This represents a 557.9% increase from the current price of $1.14. Please note that this is a projection by Wall Street analysts and not a guarantee.
Skye Bioscience generates revenue by developing and commercializing novel pharmaceuticals that incorporate cannabinoids, specifically targeting the treatment of eye conditions such as glaucoma. The company focuses on addressing unmet medical needs within the ophthalmology sector, which allows it to tap into a niche market with significant growth potential.
The highest price target for SKYE is $20.00 from Ananda Ghosh at HC Wainwright & Co., which represents a 1,654.4% increase from the current price of $1.14.
The lowest price target for SKYE is $2.00 from at , which represents a 75.4% increase from the current price of $1.14.
The overall analyst consensus for SKYE is bullish. Out of 9 Wall Street analysts, 6 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $7.50.
Stock price projections, including those for Skye Bioscience Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.