Skye Bioscience Stock Forecast

Stock Price Forecast

According to 5 professional analysts, the 12-month price target for Skye Bioscience stock ranges from a low of $14 to a high of $20. The average analyst price target of $16.6 forecasts a 303.89% increase in the stock price over the next year.

Price Target: $16.60 (+303.89%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$14	$16.6	$15	$20
Change	+240.63%	+303.89%	+264.96%	+386.62%

Analyst Ratings

The average analyst rating for Skye Bioscience stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	1	1	1	1	1	1
Buy	5	6	6	6	6	5
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	7	7	7	7	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jonathan Wolleben JMP Securities	JMP Securities	Buy Reiterates $15	Buy	Reiterates	$15	+264.96%	Jun 24, 2025
Albert Lowe Craig-Hallum	Craig-Hallum	Strong Buy Maintains $18 → $14	Strong Buy	Maintains	$18 → $14	+240.63%	Mar 21, 2025
Jonathan Wolleben Citizens Capital Markets	Citizens Capital Markets	Buy Reiterates $15	Buy	Reiterates	$15	+264.96%	Mar 21, 2025
Andy Hsieh William Blair	William Blair	Buy Initiates n/a	Buy	Initiates	n/a	n/a	Feb 28, 2025
George Farmer Scotiabank	Scotiabank	Buy Initiates $20	Buy	Initiates	$20	+386.62%	Sep 30, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

n/a

Revenue Next Year

n/a

EPS This Year

-1.24

from -0.73

EPS Next Year

-1.43

from -1.24

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028	FY 2029
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027	Dec 31, 2028	Dec 31, 2029
Revenue	-	-	-	-	-
Revenue Growth	-	-	-	-	-	-	-	-
EPS	-7.46	-5.24	-8.77	-5.37	-0.73	-1.24	-1.43	-1.94
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	9	9	7

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	n/a	n/a	n/a
Avg	n/a	n/a	n/a
Low	n/a	n/a	n/a

Revenue Growth

Revenue Growth	2025	2026	2027
High	-	-	-
Avg	-	-	-
Low	-	-	-

EPS Forecast

EPS	2025	2026	2027
High	-1.05	-1.12	-1.47
Avg	-1.24	-1.43	-1.94
Low	-1.46	-1.77	-2.53

EPS Growth

EPS Growth	2025	2026	2027
High	-	-	-
Avg	-	-	-
Low	-	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.