SKYE - Skye Bioscience, Inc. Stock Analysis & Valuation

Skye Bioscience, Inc. (SKYE) trades at $1.28 with an EquitAI Valuation DNA score of 5/10 and Quality score of 2/10. These scores evaluate balance sheet leverage, free cash flow generation, and fundamental multiples against historical benchmarks.

Wall Street analysts have a consensus 12-month price target of $12.0 for Skye Bioscience, Inc. (SKYE), representing an implied 837.5% upside from its current trading level of $1.28 with an average rating of Buy based on 8 analyst ratings. Individual analyst price targets range from a low of $2.0 to a high of $21.0, with a median forecast of $15.0. EquitAI benchmarks analyst consensus projections against intrinsic Financial DNA valuation pillars.

Skye Bioscience, Inc. does not currently pay a regular dividend yield, prioritizing capital reinvestment into operations, product development, and balance sheet strength.

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