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SMMT
Volume: 4.49M

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 poised for success with their lung-first approach to immunotherapy, experienced leadership, and potential for peak revenue of $200 billion in the US market. Despite recent concerns surrounding trial updates and replicability, the company's acquisition of Ivonescimab and potential commercial milestones make it a promising investment with a discount rate of $40 per share. Investors should keep an eye on potential updates in 2026, which could demonstrate further success in long-term survival for patients.

Bears say

Summit Therapeutics is heavily reliant on the success of its product candidate, ivonescimab, with no other major products in its pipeline. While the company has achieved marketing authorization in China for ivonescimab, the success of its global Phase 3 program remains uncertain. In addition, the data from its trials have not shown a clear advantage over established therapies, making it difficult to justify a higher valuation at this time. Furthermore, the company's high levels of research and development spending indicate a risky and costly path ahead.

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 May 6, 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 $29.42, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $29.42, 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: 4.49M

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