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SMMT Stock 12 Month Forecast
Average Price Target
$38.99
▲(116.73% Upside)
Based on 13 Wall Street analysts offering 12 month price targets for Summit Therapeutics in the last 3 months. The average price target is $38.99 with a high forecast of $131.90 and a low forecast of $13.00. The average price target represents a 116.73% change from the last price of $17.99.
Positive Outlook for Summit Therapeutics Amid Strategic Clinical AdvancementsWe updated our model following Summit's Q3 earnings report during ESMO, and we discussed the earnings details in our management dinner note here and HARMONi-6 ESMO note here. We altered our expense estimates in-line with the ongoing Phase III trials and anticipated initiation of the Phase III HARMONi-GI3 trial. We maintain our Buy rating.
Analysts Have Conflicting Sentiments on These Healthcare Companies: AbCellera Biologics (NASDAQ: ABCL), ANI Pharmaceuticals (NASDAQ: ANIP) and Summit Therapeutics (NASDAQ: SMMT)
Analysts Offer Insights on Healthcare Companies: Summit Therapeutics (NASDAQ: SMMT) and Viatris (NASDAQ: VTRS)We continue to rate SMMT UP, as we believe the company needs a biopharma partner to support ivonescimab’s complex global development.
Analysts Offer Insights on Healthcare Companies: Summit Therapeutics (NASDAQ: SMMT), IDEAYA Biosciences (NASDAQ: IDYA) and Rani Therapeutics Holdings (NASDAQ: RANI)Our Thoughts—A Partner Would Be Good at This Point
Citizens JMP Remains a Buy on Summit Therapeutics (SMMT)Citizens JMP analyst Reni Benjamin reiterated a Market Outperform rating and $40.00 price target on Summit Therapeutics plc (NASDAQ: SMMT).
Positive Outlook for Summit Therapeutics Amid Strategic Clinical AdvancementsWe updated our model following Summit's Q3 earnings report during ESMO, and we discussed the earnings details in our management dinner note here and HARMONi-6 ESMO note here. We altered our expense estimates in-line with the ongoing Phase III trials and anticipated initiation of the Phase III HARMONi-GI3 trial. We maintain our Buy rating.
Analysts Have Conflicting Sentiments on These Healthcare Companies: AbCellera Biologics (NASDAQ: ABCL), ANI Pharmaceuticals (NASDAQ: ANIP) and Summit Therapeutics (NASDAQ: SMMT)
Analysts Offer Insights on Healthcare Companies: Summit Therapeutics (NASDAQ: SMMT) and Viatris (NASDAQ: VTRS)We continue to rate SMMT UP, as we believe the company needs a biopharma partner to support ivonescimab’s complex global development.
Analysts Offer Insights on Healthcare Companies: Summit Therapeutics (NASDAQ: SMMT), IDEAYA Biosciences (NASDAQ: IDYA) and Rani Therapeutics Holdings (NASDAQ: RANI)Our Thoughts—A Partner Would Be Good at This Point
Citizens JMP Remains a Buy on Summit Therapeutics (SMMT)Citizens JMP analyst Reni Benjamin reiterated a Market Outperform rating and $40.00 price target on Summit Therapeutics plc (NASDAQ: SMMT).
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The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
SMMT Analyst Recommendation Trends
Rating
Aug 25
Sep 25
Oct 25
Nov 25
Dec 25
Strong Buy
11
13
18
17
10
Buy
17
14
16
10
7
Hold
1
1
2
2
2
Sell
3
5
5
5
1
Strong Sell
1
2
3
2
1
total
33
35
44
36
21
In the current month, SMMT has received 17Buy Ratings, 2Hold Ratings, and 2Sell Ratings. SMMT average Analyst price target in the past 3 months is 38.99.
Each month's total comprises the sum of three months' worth of ratings.
SMMT Financial Forecast
SMMT Earnings Forecast
Next quarter’s earnings estimate for SMMT is -$0.24 with a range of -$0.33 to -$0.12. The previous quarter’s EPS was -$0.31. SMMT beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 57.07% of the time in the same period. In the last calendar year SMMT has Performed in-line its overall industry.
Next quarter’s earnings estimate for SMMT is -$0.24 with a range of -$0.33 to -$0.12. The previous quarter’s EPS was -$0.31. SMMT beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 57.07% of the time in the same period. In the last calendar year SMMT has Performed in-line its overall industry.
SMMT Sales Forecast
Next quarter’s sales forecast for SMMT is $0.00 with a range of $0.00 to $0.00. The previous quarter’s sales results were $0.00. SMMT beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 47.62% of the time in the same period. In the last calendar year SMMT has Performed in-line its overall industry.
Next quarter’s sales forecast for SMMT is $0.00 with a range of $0.00 to $0.00. The previous quarter’s sales results were $0.00. SMMT beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 47.62% of the time in the same period. In the last calendar year SMMT has Performed in-line its overall industry.
SMMT Stock Forecast FAQ
What is SMMT’s average 12-month price target, according to analysts?
Based on analyst ratings, Summit Therapeutics’s 12-month average price target is 38.99.
What is SMMT’s upside potential, based on the analysts’ average price target?
Summit Therapeutics has 116.73% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is SMMT a Buy, Sell or Hold?
Summit Therapeutics has a consensus rating of Moderate Buy which is based on 8 buy ratings, 2 hold ratings and 3 sell ratings.
What is Summit Therapeutics’s price target?
The average price target for Summit Therapeutics is 38.99. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $131.90 ,the lowest forecast is $13.00. The average price target represents 116.73% Increase from the current price of $17.99.
What do analysts say about Summit Therapeutics?
Summit Therapeutics’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 13 Wall Streets Analysts.
How can I buy shares of SMMT?
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