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Skye Bioscience

SKYENASDAQ
Logo brought to you by Benzinga Data
$5.24
-0.04-0.76%
At Close: -
$5.28
0.040.76%
After Hours: Sep 17, 4:02 PM EDT
15 minutes delayed
Consensus Rating1
Overweight
Highest Price Target1
$25.00
Lowest Price Target1
$14.00
Consensus Price Target1
$18.40

Skye Bioscience (NASDAQ:SKYE) Stock, Analyst Ratings, Price Targets, Forecasts

Skye Bioscience Inc has a consensus price target of $18.4 based on the ratings of 5 analysts. The high is $25 issued by Oppenheimer on April 12, 2024. The low is $14 issued by Cantor Fitzgerald on September 9, 2024. The 3 most-recent analyst ratings were released by JMP Securities, Cantor Fitzgerald, and Cantor Fitzgerald on September 10, 2024, September 9, 2024, and September 6, 2024, respectively. With an average price target of $14.33 between JMP Securities, Cantor Fitzgerald, and Cantor Fitzgerald, there's an implied 171.46% upside for Skye Bioscience Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Jun
1
Jul
1
Aug
2
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.5
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JMP Securities
Cantor Fitzgerald
Craig-Hallum
Oppenheimer
Piper Sandler

1calculated from analyst ratings

Analyst Ratings for Skye Bioscience

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Skye Bioscience (SKYE) stock?

A

The latest price target for Skye Bioscience (NASDAQ:SKYE) was reported by JMP Securities on September 10, 2024. The analyst firm set a price target for $15.00 expecting SKYE to rise to within 12 months (a possible 184.09% upside). 12 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Skye Bioscience (SKYE)?

A

The latest analyst rating for Skye Bioscience (NASDAQ:SKYE) was provided by JMP Securities, and Skye Bioscience initiated their market outperform rating.

Q

When was the last upgrade for Skye Bioscience (SKYE)?

A

There is no last upgrade for Skye Bioscience

Q

When was the last downgrade for Skye Bioscience (SKYE)?

A

There is no last downgrade for Skye Bioscience.

Q

When is the next analyst rating going to be posted or updated for Skye Bioscience (SKYE)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Skye Bioscience, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Skye Bioscience was filed on September 10, 2024 so you should expect the next rating to be made available sometime around September 10, 2025.

Q

Is the Analyst Rating Skye Bioscience (SKYE) correct?

A

While ratings are subjective and will change, the latest Skye Bioscience (SKYE) rating was a initiated with a price target of $0.00 to $15.00. The current price Skye Bioscience (SKYE) is trading at is $5.28, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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