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SMMT
Volume: 2.73M

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 poised for success with its product candidate ridinilazole, as it compares favorably to ivonescimab in terms of PFS in both the non-squamous and TPS 1-49% subgroups. This positions it well in the highly lucrative non-squamous disease market and eliminates the advantage of ivonescimab's TPS 1-49% commercial wedge. Additionally, Summit Therapeutics may have an economic advantage over ivonescimab post-exclusivity, as a lower-cost pembro backbone may become a more attractive partner for a premium-priced ADC regimen.

Bears say

Summit Therapeutics is facing numerous challenges that present a negative outlook. The company has a history of missing key endpoints, specifically in regards to its HARMONi series of trials. In addition, emerging competitors in the oncology category and the lack of a clear multi-regional dataset have resulted in decreasing investor patience and decreased potential for strong financial growth. The company's reliance on China-only wins and lack of a pharma partner further exacerbate these challenges and make it difficult for the company to achieve success in the future.

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 Jul 13, 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 $28.97, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $28.97, 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: 2.73M

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