Skye Bioscience Inc. logo

Skye Bioscience Inc. (SKYE)

Market Closed
3 Jul, 20:00
NASDAQ (NMS) NASDAQ (NMS)
$
4. 61
+0.44
+10.55%
$
127.35M Market Cap
- P/E Ratio
0% Div Yield
948,000 Volume
-0.9 Eps
$ 4.17
Previous Close
Day Range
4.06 4.65
Year Range
1.14 7.6
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Summary

SKYE closed Thursday higher at $4.61, an increase of 10.55% from Wednesday's close, completing a monthly increase of 131.66% or $2.62. Over the past 12 months, SKYE stock gained 58.42%.
SKYE is not paying dividends to its shareholders.
The last earnings report, released on May 08, 2025, exceeded the consensus estimates by 0.01%. On average, the company has surpassed earnings expectations by 0.13%, based on the last three reports.
Skye Bioscience Inc. has completed 2 stock splits, with the recent split occurring on Sep 08, 2023.
The company's stock is traded on 2 different exchanges and in various currencies, with the primary listing on NASDAQ (NMS) (USD).

SKYE Chart

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Skye Bioscience Shares Nimacimab “Anatomy of Progress” Video Series and Highlights Preclinical CB1 Antibody Data Presented at the American Diabetes Association's 85th Scientific Sessions

Skye Bioscience Shares Nimacimab “Anatomy of Progress” Video Series and Highlights Preclinical CB1 Antibody Data Presented at the American Diabetes Association's 85th Scientific Sessions

SAN DIEGO, June 23, 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, today announced the debut of its “Anatomy of Progress” nimacimab development update video series and availability of presentations related to the development of its anti-obesity drug, nimacimab, presented in multiple forums at the American Diabetes Association's (ADA) 85th Scientific Sessions held June 20-23, 2025, in Chicago, Illinois. The presentations are accessible at the following link.

Globenewswire | 1 week ago
Skye Bioscience to Present Expanded Preclinical CB1 Antibody Data at the American Diabetes Association's 85th Scientific Sessions

Skye Bioscience to Present Expanded Preclinical CB1 Antibody Data at the American Diabetes Association's 85th Scientific Sessions

SAN DIEGO, June 17, 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, today announced that it was selected to present new nimacimab data in its expanded preclinical model at the upcoming American Diabetes Association's (ADA) 85th Scientific Sessions. Skye will present in multiple forums at the ADA conference, which is being held June 20th – 23rd, 2025, at the McCormick Place Convention Center in Chicago, Illinois.

Globenewswire | 2 weeks ago
Skye Bioscience to Participate in Upcoming Investment Conferences

Skye Bioscience to Participate in Upcoming Investment Conferences

SAN DIEGO, May 22, 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, today announced that it will participate in the following upcoming healthcare conferences:

Globenewswire | 1 month ago

Skye Bioscience Inc. Dividends

SKYE is not paying dividends to its shareholders.

Skye Bioscience Inc. Earnings

8 May 2025 Date
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Cons. EPS
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EPS
19 Mar 2025 Date
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Cons. EPS
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EPS
31 Mar 2024 Date
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Cons. EPS
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EPS
22 Mar 2024 Date
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Cons. EPS
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EPS
14 Nov 2023 Date
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Cons. EPS
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EPS
SKYE is not paying dividends to its shareholders.
8 May 2025 Date
-
Cons. EPS
-
EPS
19 Mar 2025 Date
-
Cons. EPS
-
EPS
31 Mar 2024 Date
-
Cons. EPS
-
EPS
22 Mar 2024 Date
-
Cons. EPS
-
EPS
14 Nov 2023 Date
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Cons. EPS
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EPS

Skye Bioscience Inc. (SKYE) FAQ

What is the stock price today?

The current price is $4.61.

On which exchange is it traded?

Skye Bioscience Inc. is listed on NASDAQ (NMS).

What is its stock symbol?

The ticker symbol is SKYE.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0%.

What is its market cap?

As of today, the market cap is 127.35M.

Has Skye Bioscience Inc. ever had a stock split?

Skye Bioscience Inc. had 2 splits and the recent split was on Sep 08, 2023.

Skye Bioscience Inc. Profile

Biotechnology Industry
Healthcare Sector
Punit S. Dhillon CEO
NASDAQ (NMS) Exchange
83086J101 Cusip
US Country
16 Employees
- Last Dividend
8 Sep 2023 Last Split
2 Apr 2015 IPO Date

Overview

Skye Bioscience, Inc. is a clinical stage biopharmaceutical company engaged in the discovery, development, and potential commercialization of therapeutic drugs aimed at modulating the endocannabinoid system. With a strategic focus on generating transformative treatments, Skye Bioscience endeavors to address unmet medical needs across various domains. Originally known as Emerald Bioscience, Inc., the company underwent a name change in January 2021 to better align with its expanded vision and strategic goals. Skye Bioscience has established its headquarters in San Diego, California, leveraging the region's rich biotechnological ecosystem to advance its research and development efforts.

Products and Services

  • Nimacimab

    As Skye Bioscience's lead clinical program, nimacimab represents a pioneering approach in targeting the endocannabinoid system. Specifically designed as a peripherally-restricted negative allosteric modulating antibody, nimacimab focuses on the human cannabinoid receptor 1 (CB1). The therapeutic intent of targeting CB1 receptors, primarily involved in metabolic processes, positions nimacimab as a potential treatment for metabolic disorders, including obesity. Currently undergoing Phase II clinical trials, nimacimab is administered as a subcutaneous injection, reflecting Skye Bioscience's commitment to innovative and patient-friendly therapeutic solutions.

  • SBI-100 Ophthalmic Emulsion

    Expanding its portfolio into ophthalmology, Skye Bioscience is developing the SBI-100 Ophthalmic Emulsion, a CB1 agonist aimed at treating glaucoma and ocular hypertension. This novel formulation is in Phase II clinical trials, underscoring the company's dedication to leveraging the therapeutic potential of the endocannabinoid system across a spectrum of diseases. The SBI-100 Ophthalmic Emulsion represents a significant stride towards offering new treatment options for patients with eye conditions that are often challenging to manage effectively.

  • Collaborative Development Efforts

    In its pursuit of broadening the therapeutic applications of its research, Skye Bioscience has entered into a licensing agreement with Tautomer Bioscience, (Pty) Limited. This partnership focuses on the development and commercialization of SBI-100. Additionally, a collaborative research agreement with VivaCell Biotechnology Espana, S.L.U is in place for the research and development of SBI-200, as well as the provision of preclinical development services for novel derivatives. These collaborations highlight Skye Bioscience's strategy of leveraging partnerships to accelerate the development of innovative therapies.

Contact Information

Address: 11250 El Camino Real
Phone: 858 410 0266