Skye Bioscience Inc
NASDAQ:SKYE

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Skye Bioscience Inc
NASDAQ:SKYE
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Price: 5.39 USD -2% Market Closed
Market Cap: 163.5m USD
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Wall Street
Price Targets

SKYE Price Targets Summary
Skye Bioscience Inc

Wall Street analysts forecast SKYE stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for SKYE is 18.36 USD with a low forecast of 14.14 USD and a high forecast of 22.05 USD.

Lowest
Price Target
14.14 USD
162% Upside
Average
Price Target
18.36 USD
241% Upside
Highest
Price Target
22.05 USD
309% Upside

SKYE Last Price Targets
Skye Bioscience Inc

The latest public price target was made on Sep 10, 2024 by Jonathan Wolleben from JMP Securities , who expects SKYE stock to rise by 178% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Jonathan Wolleben
JMP Securities
15 USD
Upside 178%
2 months ago
Sep 10, 2024
Skye Bioscience initiated with an Outperform at JMP Securities
TheFly
Albert Lowe
Craig-Hallum
18 USD
Upside 234%
2 months ago
Aug 26, 2024
Craig-Hallum Reiterates Buy Rating on Skye Bioscience (SKYE)
StreetInsider
Jay Olson
Oppenheimer
21 USD
Upside 290%
5 months ago
Jun 10, 2024
Skye Bioscience (SKYE) PT Lowered to $21 at Oppenheimer
StreetInsider
Kristen Kluska
Cantor Fitzgerald
21 USD
Upside 290%
5 months ago
May 23, 2024
Skye Bioscience initiated with an Overweight at Cantor Fitzgerald
TheFly
Jay Olson
Oppenheimer
25 USD
Upside 364%
7 months ago
Apr 11, 2024
Oppenheimer Starts Skye Bioscience (SYKE) at Outperform Following Uplisting to Nasdaq (correction)
StreetInsider
Edward Tenthoff
Piper Sandler
20 USD
Upside 271%
7 months ago
Mar 14, 2024
Skye Bioscience (SKYE) PT Raised to $20 at Piper Sandler
StreetInsider
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Jonathan Wolleben
JMP Securities
Price Target 15 USD
Upside/Downside 178%
View Source
Albert Lowe
Craig-Hallum
Price Target 18 USD
Upside/Downside 234%
View Source
Jay Olson
Oppenheimer
Price Target 21 USD
Upside/Downside 290%
View Source
Kristen Kluska
Cantor Fitzgerald
Price Target 21 USD
Upside/Downside 290%
View Source
Jay Olson
Oppenheimer
Price Target 25 USD
Upside/Downside 364%
View Source
Edward Tenthoff
Piper Sandler
Price Target 20 USD
Upside/Downside 271%
View Source
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Skye Bioscience Inc Competitors:
Price Targets
688235
Beigene Ltd
12% Upside
VYGR
Voyager Therapeutics Inc
159% Upside
XOMA
XOMA Corp
171% Upside
STOK
Stoke Therapeutics Inc
76% Upside
BCRX
BioCryst Pharmaceuticals Inc
89% Upside
LTRN
Lantern Pharma Inc.
527% Upside
CAPR
Capricor Therapeutics Inc
116% Upside
MDXG
MiMedx Group Inc
67% Upside

Revenue
Forecast

Revenue Estimate
Skye Bioscience Inc

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Estimated Growth
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Estimates Accuracy
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Average

Operating Income
Forecast

Operating Income Estimate
Skye Bioscience Inc

N/A
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Skye Bioscience Inc

N/A
Past Growth
N/A
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Estimates Accuracy
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Average

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Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is SKYE's stock price target?
Price Target
18.36 USD

According to Wall Street analysts, the average 1-year price target for SKYE is 18.36 USD with a low forecast of 14.14 USD and a high forecast of 22.05 USD.

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