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SKYE Stock Forecast: Skye Bioscience Inc. Price Predictions for 2026

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$1.14

-0.07 (-5.79%)

SKYE Stock Forecast 2025-2026

$1.14
Current Price
$36.55M
Market Cap
8 Ratings
Buy 6
Hold 2
Sell 0
Wall St Analyst Ratings

Distance to SKYE Price Targets

+1,654.4%
To High Target of $20.00
+557.9%
To Median Target of $7.50
+75.4%
To Low Target of $2.00

SKYE Price Momentum

-5.8%
1 Week Change
-21.9%
1 Month Change
-68.5%
1 Year Change
-59.7%
Year-to-Date Change
-80.2%
From 52W High of $5.75
+3.6%
From 52W Low of $1.10
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Latest SKYE Stock Price Targets & Analyst Predictions

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.

SKYE Analyst Ratings

6
Buy
2
Hold
0
Sell

SKYE Price Target Range

Low
$2.00
Average
$7.50
High
$20.00
Current: $1.14

Latest SKYE Stock Forecasts by Analyst

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

Skye Bioscience Inc. (SKYE) Competitors

The following stocks are similar to Skye Bioscience based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Skye Bioscience Inc. (SKYE) Financial Data

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%.

Valuation Metrics

Market Cap $36.55M
Enterprise Value $3.48M
P/E Ratio 3.6x
PEG Ratio 0.0x
Price/Sales N/A

Growth & Margins

Revenue Growth (YoY) N/A
Gross Margin N/A
Operating Margin 0.0%
Net Margin 0.0%
EPS Growth N/A

Financial Health

Cash/Price Ratio +96.7%
Current Ratio 4.8x
Debt/Equity 1.0x
ROE -94.3%
ROA -54.9%
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Skye Bioscience Inc. logo

Skye Bioscience Inc. (SKYE) Business Model

About Skye Bioscience Inc.

What They Do

Develops cannabinoid-based pharmaceuticals for eye diseases.

Business Model

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.

Additional Information

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.

Company Information

Sector

Healthcare

Industry

Biotechnology

Employees

16

CEO

Mr. Punit S. Dhillon B.A.

Country

United States

IPO Year

2021

Skye Bioscience Inc. (SKYE) Latest News & Analysis

Latest News

SKYE stock latest news image
Quick Summary

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.

Why It Matters

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.

Source: GlobeNewsWire
Market Sentiment: Neutral
SKYE stock latest news image
Quick Summary

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.

Why It Matters

A class action lawsuit against Skye Bioscience for alleged securities fraud may lead to financial losses for investors, affecting stock value and market confidence.

Source: PRNewsWire
Market Sentiment: Neutral
SKYE stock latest news image
Quick Summary

The Gross Law Firm has issued a notice to shareholders of Skye Bioscience, Inc. (NASDAQ: SKYE) as of December 8, 2025.

Why It Matters

The notice could indicate legal issues or shareholder actions involving Skye Bioscience, potentially affecting stock performance and investor sentiment.

Source: GlobeNewsWire
Market Sentiment: Neutral
SKYE stock latest news image
Quick Summary

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.

Why It Matters

The announcement signals potential legal issues for Skye Bioscience, which could affect stock performance and investor sentiment during the class period.

Source: GlobeNewsWire
Market Sentiment: Neutral
SKYE stock latest news image
Quick Summary

The Gross Law Firm is inviting Skye Bioscience, Inc. (NASDAQ: SKYE) shareholders to contact them about potential lead plaintiff appointments for a class action.

Why It Matters

Shareholder notices indicate potential legal actions affecting Skye Bioscience, which can impact stock performance and investor sentiment, influencing trading decisions.

Source: PRNewsWire
Market Sentiment: Neutral
SKYE stock latest news image
Quick Summary

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.

Why It Matters

The class action lawsuit against Skye Bioscience signals potential legal and financial risks, which could impact stock performance and investor confidence.

Source: PRNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About SKYE Stock

What is Skye Bioscience Inc.'s (SKYE) stock forecast for 2026?

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.

Is SKYE stock a good investment in 2026?

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.

What is the long-term price prediction for SKYE stock?

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.

What is Skye Bioscience Inc.'s business model?

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.

What is the highest forecasted price for SKYE Skye Bioscience Inc.?

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.

What is the lowest forecasted price for SKYE Skye Bioscience Inc.?

The lowest price target for SKYE is $2.00 from at , which represents a 75.4% increase from the current price of $1.14.

What is the overall SKYE consensus from analysts for Skye Bioscience Inc.?

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.

How accurate are SKYE stock price projections?

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.

Important Disclaimer

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.

Last updated: December 11, 2025 4:07 AM UTC
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