NASDAQ: SKYE
Skye Bioscience Inc Stock

$3.61-0.13 (-3.48%)
Updated Jul 29, 2025
SKYE Price
$3.61
Fair Value Price
$1.86
Market Cap
$111.85M
52 Week Low
$1.14
52 Week High
$7.47
P/E
-4.35x
P/B
1.89x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$32.65M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
0.09
Operating Cash Flow
-$30M
Beta
142.57
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

SKYE Overview

Skye Bioscience, Inc., a biopharmaceutical company, discovers, develops, and commercializes cannabinoid-based molecules for the treatment of infectious diseases. The company's lead product candidate is SBI-100, which is in Phase I trials for the treatment of glaucoma and ocular hypertension. It is also developing SBI-200 that is in preclinical trials to treat and manage various eye diseases, including uveitis, dry eye syndrome, macular degeneration and diabetic retinopathy. The company was formerly known as Emerald Bioscience, Inc. and changed its name to Skye Bioscience, Inc. in January 2021. Skye Bioscience, Inc. was founded in 2012 and is headquartered in San Diego, California.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine SKYE's potential to beat the market

FStrong Sell
  • Stocks with a Zen Rating of Strong Sell (F) had an average loss of -8.02% per year. Learn More

Zen Rating Component Grades

D
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Biotech

Industry Rating
F
SKYE
Ranked
#417 of 482

Top Ranked Stocks in Industry

View Top Biotech Stocks

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Overview

Due Diligence Score

Industry Average (23)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how SKYE scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

SKYE ($3.61) is overvalued by 93.82% relative to our estimate of its Fair Value price of $1.86 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
SKYE ($3.61) is not significantly undervalued (93.82%) relative to our estimate of its Fair Value price of $1.86 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
SKYE is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 30 more SKYE due diligence checks available for Premium users.

Valuation

SKYE fair value

Fair Value of SKYE stock based on Discounted Cash Flow (DCF)

Price
$3.61
Fair Value
$1.86
Overvalued by
93.82%
SKYE ($3.61) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
SKYE ($3.61) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
SKYE is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

SKYE price to earnings (PE)

For valuing profitable companies with steady earnings

Company
-4.35x
Industry
-195.28x
Market
31.93x

SKYE price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
1.89x
Industry
4.42x
SKYE is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

SKYE's financial health

Profit margin

Revenue
$0.0
Net Income
-$11.1M
Profit Margin
0%
SKYE's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$64.8M
Liabilities
$5.5M
Debt to equity
0.09
SKYE's short-term assets ($63.03M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
SKYE's short-term assets ($63.03M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
SKYE's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
SKYE's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$9.2M
Investing
-$12.8M
Financing
$0.0
SKYE's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

SKYE vs Biotech Stocks

TickerZen RatingMarket Cap1d %P/EP/B
SKYEF$111.85M-3.48%-4.35x1.89x
CRBPF$113.43M-3.34%-2.21x0.89x
PPBT$109.63M-5.78%N/A3.36x
TNYAD$114.52M-9.74%-0.61x0.96x
PLXB$116.23M-2.67%29.20x2.57x

Skye Bioscience Stock FAQ

What is Skye Bioscience's quote symbol?

(NASDAQ: SKYE) Skye Bioscience trades on the NASDAQ under the ticker symbol SKYE. Skye Bioscience stock quotes can also be displayed as NASDAQ: SKYE.

If you're new to stock investing, here's how to buy Skye Bioscience stock.

What is the 52 week high and low for Skye Bioscience (NASDAQ: SKYE)?

(NASDAQ: SKYE) Skye Bioscience's 52-week high was $7.47, and its 52-week low was $1.14. It is currently -51.67% from its 52-week high and 216.67% from its 52-week low.

How much is Skye Bioscience stock worth today?

(NASDAQ: SKYE) Skye Bioscience currently has 30,984,358 outstanding shares. With Skye Bioscience stock trading at $3.61 per share, the total value of Skye Bioscience stock (market capitalization) is $111.85M.

Skye Bioscience stock was originally listed at a price of $7.75 in Jan 6, 2015. If you had invested in Skye Bioscience stock at $7.75, your return over the last 10 years would have been -53.42%, for an annualized return of -7.36% (not including any dividends or dividend reinvestments).

How much is Skye Bioscience's stock price per share?

(NASDAQ: SKYE) Skye Bioscience stock price per share is $3.61 today (as of Jul 29, 2025).

What is Skye Bioscience's Market Cap?

(NASDAQ: SKYE) Skye Bioscience's market cap is $111.85M, as of Jul 30, 2025.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Skye Bioscience's market cap is calculated by multiplying SKYE's current stock price of $3.61 by SKYE's total outstanding shares of 30,984,358.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.