
Summit Therapeutics (SMMT) Stock Forecast & Price Target
Summit Therapeutics (SMMT) Analyst Ratings
Bulls say
Summit Therapeutics Inc has shown promising progress in the development of its novel antibiotic candidate, ridinilazole, which aims to address serious infectious diseases such as Clostridiodes difficile infection. The company’s recent trial updates indicate a solid efficacy profile compared to existing therapies, with a notable significant improvement in progression-free survival metrics, which could enhance patient treatment options across various conditions. Additionally, despite rising operational expenses due to ongoing Phase 3 expansions, Summit Therapeutics retains robust liquidity and funding flexibility, supporting its continued investment in research and development through 2025.
Bears say
Summit Therapeutics faces significant downside risks that contribute to a negative outlook on its stock, including disappointing efficacy or safety concerns related to its product ivonescimab, which may hinder market acceptance. The company also encounters regulatory challenges and potential delays in research and development that could impede its progress in commercializing its products. Additionally, a lack of differentiated clinical data coupled with competitive pressures in the lung cancer space further undermines Summit's sales potential and financial outlook.
This aggregate rating is based on analysts' research of Summit Therapeutics and is not a guaranteed prediction by Public.com or investment advice.
Summit Therapeutics (SMMT) Analyst Forecast & Price Prediction
Start investing in Summit Therapeutics (SMMT)
Order type
Buy in
Order amount
Est. shares
0 shares