Skye Bioscience, Inc. (SKYE)

Healthcare · NCM

USD0.65-3.41% today

Fundamentals

Market capUSD22.91M
Return on equity-168.0%
52-week rangeUSD0.57 to USD4.99

Valuation and ratings

DCF fair valueUSD0.26
Upside to fair value-60.1%
Analyst target (mean)USD7.33
Analyst rangeUSD2.00 to USD20.00
Analysts covering6
Consensus viewbuy
Moat score10/100
Overall rating5/100, Sell

Fair value: USD0.26 (-60.1%), see how we got there

Skye Bioscience, Inc. trades at USD0.65, which is 60% above the USD0.26 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.

Our moat model scores it 10 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

SKYE earnings and analyst estimates

Next earnings date6 Aug 2026 (in 9 days)
EPS estimate, next year-USD1.13
Expected EPS growth-8.2%
Expected revenue growth0.0%

Recommendation mix, 7 analyst ratings

5 buy2 hold0 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Skye Bioscience, Inc.

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 San Diego, California.

Industry: BiotechnologyEmployees: 2HQ: United States

SKYE passes 1 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Common questions

Is Skye Bioscience, Inc. (SKYE) undervalued?

Against our discounted cash flow estimate of USD0.26, SKYE at USD0.65 is 60% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.

When does SKYE report earnings next?

Skye Bioscience, Inc. is scheduled to report on 6 Aug 2026. Companies move earnings dates, so read it as scheduled rather than certain.

The full research page for SKYE, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.