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SMMT
Volume: 3.91M

Summit Therapeutics (SMMT) Stock Forecast & Price Target

Summit Therapeutics (SMMT) Analyst Ratings

Based on 11 analyst ratings
Buy
Strong Buy 36%
Buy 18%
Hold 45%
Sell 0%
Strong Sell 0%

Bulls say

Summit Therapeutics is expected to have significant product revenue in the future due to its promising antibiotic ridinilazole, coupled with a strong pipeline of trials in collaboration with other companies and positive updates on converging HRs in western and Chinese patient populations. The company also has a solid financial position with a significant amount of cash and a strong focus on R&D in the near term, supporting the positive outlook on the stock's potential.

Bears say

Summit Therapeutics is facing several downside risks, including potential disappointment in the efficacy or safety of its lead product candidate, ivonescimab, delays in R&D or commercial development, and competition in the lung cancer space. Additionally, a recent model update has lowered the price target to $38, based on a probability-adjusted cash flow analysis and a 7.5% discount rate. Furthermore, skeptics may question the need for an interim OS analysis in 2027 before reaching "HARMONi-level maturity" and the potential impact on alpha spending.

Summit Therapeutics (SMMT) has been analyzed by 11 analysts, with a consensus rating of Buy. 36% of analysts recommend a Strong Buy, 18% recommend Buy, 45% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Summit Therapeutics and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Summit Therapeutics (SMMT) Forecast

Analysts have given Summit Therapeutics (SMMT) a Buy based on their latest research and market trends.

According to 11 analysts, Summit Therapeutics (SMMT) has a Buy consensus rating as of Aug 29, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $26.63, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $26.63, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Summit Therapeutics (SMMT)

Volume: 3.91M

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