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SMMT
Volume: 2.19M

Summit Therapeutics (SMMT) Stock Forecast & Price Target

Summit Therapeutics (SMMT) Analyst Ratings

Based on 11 analyst ratings
Buy
Strong Buy 36%
Buy 27%
Hold 27%
Sell 9%
Strong Sell 0%

Bulls say

Summit Therapeutics is a biopharmaceutical company with a positive outlook due to its strong pipeline of novel antibiotics, with its focus on the CDI product candidate ridinilazole. Recent updates, such as the completion of enrollment for the HARMONi-3 study and a clinical collaboration for ivonescimab, demonstrate progress and potential for further growth in the future. Despite downside risks, the company's plan for interim analyses of overall survival and reiteration of key trial results further support the company's potential for success.

Bears say

Summit Therapeutics is facing challenges with its main product candidate ridinilazole, as its expenses continue to increase and its price target has been lowered to $38. With a DCF analysis and 7.5% discount rate, this price target takes into account the cash flows and probability-adjusted forecasts up to 2042. Additionally, the company is also investing in a new product, ivonescimab, which combines PD-1 blockade with VEGF inhibition, but faces unknowns and has a long-term timeline for potential data.

Summit Therapeutics (SMMT) has been analyzed by 11 analysts, with a consensus rating of Buy. 36% of analysts recommend a Strong Buy, 27% recommend Buy, 27% suggest Holding, 9% 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 8, 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 $28.15, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $28.15, 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: 2.19M

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