Skye BioscienceSKYE
SKYE
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
190% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 10
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
1% less funds holding
Funds holding: 74 [Q3] → 73 (-1) [Q4]
1.76% less ownership
Funds ownership: 84.84% [Q3] → 83.09% (-1.76%) [Q4]
29% less capital invested
Capital invested by funds: $101M [Q3] → $71.3M (-$29.3M) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$14
1,067%
upside
Avg. target
$14.50
1,108%
upside
High target
$15
1,150%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Craig-Hallum Albert Lowe 17% 1-year accuracy 1 / 6 met price target | 1,067%upside $14 | Buy Maintained | 21 Mar 2025 |
Citizens Capital Markets Jonathan Wolleben 25% 1-year accuracy 18 / 72 met price target | 1,150%upside $15 | Market Outperform Reiterated | 21 Mar 2025 |
Financial journalist opinion
Neutral
Seeking Alpha
2 weeks ago
Skye Bioscience, Inc. (SKYE) Q4 2024 Earnings Call Transcript
Skye Bioscience, Inc. (NASDAQ:SKYE ) Q4 2024 Earnings Conference Call March 20, 2025 4:30 PM ET Company Participants Bernie Hertel - Head of Investor Relations Punit Dhillon - President and Chief Executive Officer Kaitlyn Arsenault - Chief Financial Officer Chris Twitty - Chief Scientific Officer Tu Diep - Chief Operating Officer Puneet Arora - Chief Medical Officer Conference Call Participants Kristen Kluska - Cantor Fitzgerald & Co. Edward Tenthoff - Piper Sandler & Co. Jay Olson - Oppenheimer & Co. Inc. Andy Hsieh - William Blair & Company George Farmer - Scotiabank Jonathan Wolleben - Citizens JMP Securities Albert Lowe - Craig-Hallum Capital Group Operator Ladies and gentlemen, thank you for standing by. My name is Jale, and I will be your conference operator today.

Neutral
GlobeNewsWire
3 weeks ago
Skye Bioscience to Announce 2024 Financial Results on March 20th, 2025
SAN DIEGO, March 14, 2025 (GLOBE NEWSWIRE) -- Skye Bioscience, Inc. (Nasdaq: SKYE) (“Skye”), a clinical-stage biotechnology company focused on unlocking new therapeutic pathways for obesity and other metabolic health disorders, will host a conference call on Thursday, March 20th at 1:30 p.m. PT/4:30 p.m. ET to discuss its 2024 fourth quarter and full-year financial results. An earnings press release will be issued after the market closes on March 20th.

Neutral
GlobeNewsWire
1 month ago
Skye Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
SAN DIEGO, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Skye Bioscience, Inc. (Nasdaq: SKYE) (“Skye”), a clinical-stage biopharmaceutical company focused on unlocking new therapeutic pathways for metabolic health, today announced that on February 24, 2025, the Board of Directors granted a non-qualified stock option award to purchase 56,000 shares of its common stock to two new non-executive employee under the Company's Amended and Restated 2024 Inducement Equity Incentive Plan (the “2024 Inducement Plan”). The stock options were granted as an inducement material to the employee entering into employment with Skye in accordance with Nasdaq Listing Rule 5635(c)(4).

Neutral
GlobeNewsWire
1 month ago
Skye Bioscience to Present at TD Cowen Health Care Conference
SAN DIEGO, Calif., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Skye Bioscience, Inc. (Nasdaq: SKYE) (“Skye”), a clinical-stage biopharmaceutical company focused on unlocking new therapeutic pathways for obesity and other metabolic health disorders, today announced that Punit Dhillon, Chief Executive Officer, will present a corporate overview and be available for 1x1 meetings at the TD Cowen 45th Annual Health Care Conference.

Neutral
GlobeNewsWire
2 months ago
Skye Bioscience Announces Participation in February Conferences
SAN DIEGO, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Skye Bioscience, Inc. (Nasdaq: SKYE) (“Skye”), a clinical-stage biopharmaceutical company focused on unlocking new therapeutic pathways for obesity and other metabolic health disorders, will participate in the following investor conferences:

Neutral
Seeking Alpha
2 months ago
MoneyShow's Best Investment Ideas For 2025: Part 8
MoneyShow presents top investment ideas for 2025 from their contributors. This year's edition presents a broad mix of theme-based stock picks, momentum-driven high-flyers and beaten-up stocks with turnaround potential, along with some speculative plays and ETFs. Part 8 includes American Superconductor, Skye Bioscience, Healwell AI, Dell Technologies, MicroStrategy and MannKind, among others.

Neutral
GlobeNewsWire
3 months ago
Skye Bioscience to Present at J.P. Morgan Healthcare Conference
SAN DIEGO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Skye Bioscience, Inc. (Nasdaq: SKYE) (“Skye”), a clinical-stage biopharmaceutical company focused on unlocking new therapeutic pathways for obesity and other metabolic health disorders, will present a corporate overview at the 43rd Annual J.P. Morgan Healthcare conference on Thursday, January 16, 2025, at 10:30 AM - 11:10 AM.

Positive
Seeking Alpha
3 months ago
Skye Bioscience: Nimacimab Targets Safer Weight Loss, Speculative Buy
Skye Bioscience's Nimacimab shows promising Phase 1 safety data and is in Phase 2 trials, potentially revolutionizing obesity treatment with minimal neuropsychiatric side effects. Nimacimab's large-molecule design avoids neuropsychiatric side effects, a major issue with earlier CB1 inhibitors like rimonabant and monlunabant. The drug's preclinical evidence suggests fat-specific weight loss, lean muscle preservation, and appetite regulation, positioning it as a competitive alternative to GLP-1 therapies.

Neutral
GlobeNewsWire
4 months ago
Skye Bioscience Surpasses 50% Patient Enrollment in Phase 2 Obesity Study of Differentiated CB1 Inhibitor
SAN DIEGO, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Skye Bioscience, Inc. (Nasdaq: SKYE) (“Skye”), a clinical-stage biopharmaceutical company focused on unlocking new therapeutic pathways for metabolic health, today announced that it has achieved more than 50% of targeted patient enrollment for its CBeyond™ Phase 2 clinical trial assessing nimacimab, a differentiated CB1 inhibitor, in patients with overweight or obesity. Skye expects to report interim data for the CBeyond™ Phase 2 clinical trial in Q2 2025 after this initial set of enrolled patients has completed the 26-week treatment period.

Neutral
Seeking Alpha
4 months ago
Skye Bioscience, Inc. (SKYE) Q3 2024 Earnings Call Transcript
Skye Bioscience, Inc. (NASDAQ:SKYE ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Bernie Hertel - Head, Investor Relations Punit Dhillon - President and CEO Kaitlyn Arsenault - Chief Financial Officer Chris Twitty - Chief Scientific Officer Dr. Puneet Arora - Chief Medical Officer Conference Call Participants Edward Tenthoff - Piper Sandler Jay Olson - Oppenheimer George Farmer - ScotiaBank Albert Lowe - Craig-Hallum Ayan Hussein - Cantor Fitzgerald Operator Ladies and gentlemen, thank you for standing by. My name is Desiree, and I will be your conference operator today.

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