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SMMT
Volume: 7.4M

Summit Therapeutics (SMMT) Stock Forecast & Price Target

Summit Therapeutics (SMMT) Analyst Ratings

Based on 12 analyst ratings
Buy
Strong Buy 42%
Buy 25%
Hold 25%
Sell 8%
Strong Sell 0%

Bulls say

Summit Therapeutics is a biopharmaceutical company with a strong focus on developing novel antibiotics for serious infectious diseases, and its product candidate ridinilazole has shown promising results in treating CDI. Merck recently acquired Sac-TMT, a Keytruda-based ADC combination, and has licensed LM-299, a PD-1 x VEGF bispecific, showing Merck's strategic flexibility and commitment to staying competitive in the evolving market. This move may pose a potential threat to Summit's ivonescimab, but it also highlights the value of Summit's approach and the potential for future collaborations and partnerships with Merck.

Bears say

Summit Therapeutics is facing intense competition in the CDI market from companies such as Merck & Co, with their product sacituzumab tirumotecan (sac-TMT). Even with promising early data on overall survival and progression-free survival, concerns remain on the maturity and potential long-term profitability of Summit's product, as well as the potential impact of lower-priced alternatives in the future. As a result, the company is facing increased doubt from analysts and a downgrade in rating.

Summit Therapeutics (SMMT) has been analyzed by 12 analysts, with a consensus rating of Buy. 42% of analysts recommend a Strong Buy, 25% recommend Buy, 25% suggest Holding, 8% 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 12 analysts, Summit Therapeutics (SMMT) has a Buy consensus rating as of Jun 23, 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 $29.06, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $29.06, 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: 7.4M

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