Summit Therapeutics (SMMT) Stock Forecast, Price Target & Predictions
SMMT Stock Forecast
Summit Therapeutics stock forecast is as follows: an average price target of $29.50 (represents a 12.55% upside from SMMT’s last price of $26.21) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
SMMT Price Target
SMMT Analyst Ratings
Summit Therapeutics Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 16, 2024 | Mitchell Kapoor | H.C. Wainwright | $45.00 | $31.93 | 40.93% | 71.69% |
Jun 03, 2024 | Brad Canino | Stifel Nicolaus | $14.00 | $8.69 | 61.20% | -46.59% |
Mar 25, 2024 | Brad Canino | Stifel Nicolaus | $8.00 | $3.28 | 143.90% | -69.48% |
Summit Therapeutics Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 1 | 1 | 3 |
Avg Price Target | $45.00 | $45.00 | $22.33 |
Last Closing Price | $26.21 | $26.21 | $26.21 |
Upside/Downside | 71.69% | 71.69% | -14.80% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 09, 2024 | Citigroup | Buy | Buy | Hold |
Sep 03, 2024 | H.C. Wainwright | Buy | Buy | Hold |
Aug 12, 2024 | H.C. Wainwright | - | Buy | Initialise |
Jul 19, 2024 | Citigroup | Buy | Buy | Hold |
May 31, 2024 | Citigroup | Buy | Buy | Hold |
May 07, 2024 | Citigroup | - | Buy | Initialise |
Summit Therapeutics Financial Forecast
Summit Therapeutics Revenue Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Dec 18 | Sep 18 | Jun 18 | Dec 17 | Sep 17 | Dec 16 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | $1.31M | $57.00K | $192.00K | $185.00K | $181.00K | $170.00K | $312.96K | - | - | - | - | - | - | - | - |
Avg Forecast | - | - | - | - | - | - | - | - | $9.74M | $1.71K | $4.45M | $4.41M | $3.94M | $4.08M | $4.00M | $5.13M | $4.97M | $218.83K | $693.39K | $346.83M | $6.97M | $3.40M | $28.47M | $1.36M |
High Forecast | - | - | - | - | - | - | - | - | $9.74M | $2.05K | $4.45M | $4.41M | $3.94M | $4.08M | $4.00M | $5.13M | $4.97M | $262.59K | $832.07K | $416.20M | $8.36M | $4.08M | $34.16M | $1.63M |
Low Forecast | - | - | - | - | - | - | - | - | $9.74M | $1.36K | $4.45M | $4.41M | $3.94M | $4.08M | $4.00M | $5.13M | $4.97M | $175.06K | $554.71K | $277.47M | $5.58M | $2.72M | $22.77M | $1.09M |
# Analysts | - | - | - | - | - | - | - | - | 1 | 17 | 10 | 16 | 11 | 8 | 7 | 10 | 9 | 14 | 9 | 9 | 7 | 19 | 11 | 9 |
Surprise % | - | - | - | - | - | - | - | - | - | 767.29% | 0.01% | 0.04% | 0.05% | 0.04% | 0.04% | 0.06% | - | - | - | - | - | - | - | - |
Summit Therapeutics EBITDA Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Dec 18 | Sep 18 | Jun 18 | Dec 17 | Sep 17 | Dec 16 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | - | - | - | - | 1 | 17 | 10 | 16 | 11 | 8 | 7 | 10 | 9 | 14 | 9 | 9 | 7 | 19 | 11 | 9 |
EBITDA | - | - | - | - | - | - | - | - | - | $-18.97M | $-23.75M | $-17.00M | $-13.27M | $-17.34M | $-14.91M | $-6.90M | - | - | - | - | - | - | - | - |
Avg Forecast | - | - | - | - | - | - | - | - | $-5.84M | $-24.72M | $-13.06M | $-2.64M | $-2.37M | $-1.90B | $-2.40M | $-3.08M | $-2.98M | $-8.52M | $-8.81M | $251.76M | $-11.35M | $-5.87M | $14.86M | $-12.45M |
High Forecast | - | - | - | - | - | - | - | - | $-5.84M | $-19.78M | $-10.45M | $-2.64M | $-2.37M | $-1.52B | $-2.40M | $-3.08M | $-2.98M | $-6.81M | $-7.05M | $302.11M | $-9.08M | $-4.70M | $17.83M | $-9.96M |
Low Forecast | - | - | - | - | - | - | - | - | $-5.84M | $-29.67M | $-15.68M | $-2.64M | $-2.37M | $-2.28B | $-2.40M | $-3.08M | $-2.98M | $-10.22M | $-10.58M | $201.41M | $-13.62M | $-7.04M | $11.89M | $-14.94M |
Surprise % | - | - | - | - | - | - | - | - | - | 0.77% | 1.82% | 6.43% | 5.60% | 0.01% | 6.21% | 2.24% | - | - | - | - | - | - | - | - |
Summit Therapeutics Net Income Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Dec 18 | Sep 18 | Jun 18 | Dec 17 | Sep 17 | Dec 16 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | - | - | - | - | 1 | 17 | 10 | 16 | 11 | 8 | 7 | 10 | 9 | 14 | 9 | 9 | 7 | 19 | 11 | 9 |
Net Income | - | - | - | - | - | - | - | - | - | $-19.71M | $-25.10M | $-18.05M | $-13.44M | $-17.70M | $-15.28M | $-6.11M | - | - | - | - | - | - | - | - |
Avg Forecast | $-44.64M | $-41.85M | $-36.27M | $-36.27M | $-37.24M | $-37.33M | $-34.60M | $-33.54M | $1.17B | $-25.55M | $-13.43M | $-86.31M | $-108.23M | $-1.94B | $-50.66M | $-14.29M | $-119.35M | $-9.43M | $-7.88M | $243.50M | $-10.50M | $-3.49M | $16.40M | $-10.82M |
High Forecast | $-44.64M | $-41.85M | $-36.27M | $-36.27M | $-37.24M | $-32.00M | $-34.60M | $-33.54M | $1.17B | $-20.44M | $-10.74M | $-86.31M | $-108.23M | $-1.55B | $-50.66M | $-14.29M | $-119.35M | $-7.54M | $-6.30M | $292.20M | $-8.40M | $-2.79M | $19.69M | $-8.66M |
Low Forecast | $-44.64M | $-41.85M | $-36.27M | $-36.27M | $-37.24M | $-37.33M | $-34.60M | $-33.54M | $1.17B | $-30.66M | $-16.11M | $-86.31M | $-108.23M | $-2.33B | $-50.66M | $-14.29M | $-119.35M | $-11.31M | $-9.46M | $194.80M | $-12.60M | $-4.18M | $13.12M | $-12.99M |
Surprise % | - | - | - | - | - | - | - | - | - | 0.77% | 1.87% | 0.21% | 0.12% | 0.01% | 0.30% | 0.43% | - | - | - | - | - | - | - | - |
Summit Therapeutics SG&A Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Dec 18 | Sep 18 | Jun 18 | Dec 17 | Sep 17 | Dec 16 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | - | - | - | - | 1 | 17 | 10 | 16 | 11 | 8 | 7 | 10 | 9 | 14 | 9 | 9 | 7 | 19 | 11 | 9 |
SG&A | - | - | - | - | - | - | - | - | - | $5.66M | $5.98M | $4.18M | $5.80M | $7.46M | $5.77M | $646.95K | - | - | - | - | - | - | - | - |
Avg Forecast | - | - | - | - | - | - | - | - | $173.48M | $30.38K | $3.29M | $78.48M | $70.25M | $72.60M | $71.23M | $91.29M | $88.58M | $3.90M | $12.35M | $24.73M | $4.80M | $60.53M | $3.74M | $24.23M |
High Forecast | - | - | - | - | - | - | - | - | $173.48M | $36.43K | $3.95M | $78.48M | $70.25M | $72.60M | $71.23M | $91.29M | $88.58M | $4.68M | $14.82M | $29.68M | $5.76M | $72.63M | $4.48M | $29.08M |
Low Forecast | - | - | - | - | - | - | - | - | $173.48M | $24.29K | $2.63M | $78.48M | $70.25M | $72.60M | $71.23M | $91.29M | $88.58M | $3.12M | $9.88M | $19.79M | $3.84M | $48.42M | $2.99M | $19.38M |
Surprise % | - | - | - | - | - | - | - | - | - | 186.38% | 1.82% | 0.05% | 0.08% | 0.10% | 0.08% | 0.01% | - | - | - | - | - | - | - | - |
Summit Therapeutics EPS Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Dec 18 | Sep 18 | Jun 18 | Dec 17 | Sep 17 | Dec 16 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | - | - | - | - | - | - | - | - | 1 | 17 | 10 | 16 | 11 | 8 | 7 | 10 | 9 | 14 | 9 | 9 | 7 | 19 | 11 | 9 |
EPS | - | - | - | - | - | - | - | - | - | $-0.20 | $-0.28 | $-0.22 | $-0.18 | $-0.26 | $-0.23 | $-0.09 | - | - | - | - | - | - | - | - |
Avg Forecast | $-0.06 | $-0.06 | $-0.05 | $-0.05 | $-0.05 | $-0.05 | $-0.05 | $-0.05 | $1.65 | $-0.21 | $-0.13 | $-0.12 | $-0.15 | $-0.19 | $-0.07 | $-0.02 | $-0.17 | $-0.67 | $-0.18 | $-1.96 | $-0.75 | $-0.65 | $0.30 | $4.74 |
High Forecast | $-0.06 | $-0.06 | $-0.05 | $-0.05 | $-0.05 | $-0.05 | $-0.05 | $-0.05 | $1.65 | $-0.21 | $-0.13 | $-0.12 | $-0.15 | $-0.19 | $-0.07 | $-0.02 | $-0.17 | $-0.54 | $-0.14 | $-1.57 | $-0.59 | $-0.52 | $0.36 | $5.69 |
Low Forecast | $-0.06 | $-0.06 | $-0.05 | $-0.05 | $-0.05 | $-0.05 | $-0.05 | $-0.05 | $1.65 | $-0.21 | $-0.13 | $-0.12 | $-0.15 | $-0.19 | $-0.07 | $-0.02 | $-0.17 | $-0.80 | $-0.21 | $-2.36 | $-0.90 | $-0.78 | $0.24 | $3.80 |
Surprise % | - | - | - | - | - | - | - | - | - | 0.93% | 2.15% | 1.79% | 1.17% | 1.40% | 3.19% | 4.46% | - | - | - | - | - | - | - | - |
Summit Therapeutics Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
KZR | Kezar Life Sciences | $0.58 | $17.50 | 2917.24% | Buy |
ELEV | Elevation Oncology | $0.60 | $9.00 | 1400.00% | Buy |
KRON | Kronos Bio | $0.94 | $7.63 | 711.70% | Buy |
NKTX | Nkarta | $5.39 | $21.60 | 300.74% | Buy |
CGEM | Cullinan Oncology | $17.24 | $32.00 | 85.61% | Buy |
ZURA | Zura Bio | $3.88 | $5.00 | 28.87% | Buy |
SMMT | Summit Therapeutics | $26.22 | $29.50 | 12.51% | Buy |
SMMT Forecast FAQ
Is Summit Therapeutics a good buy?
Yes, according to 2 Wall Street analysts, Summit Therapeutics (SMMT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of SMMT's total ratings.
What is SMMT's price target?
Summit Therapeutics (SMMT) average price target is $29.5 with a range of $14 to $45, implying a 12.55% from its last price of $26.21. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Summit Therapeutics stock go up soon?
According to Wall Street analysts' prediction for SMMT stock, the company can go up by 12.55% (from the last price of $26.21 to the average price target of $29.5), up by 71.69% based on the highest stock price target, and down by -46.59% based on the lowest stock price target.
Can Summit Therapeutics stock reach $40?
SMMT's highest twelve months analyst stock price target of $45 supports the claim that Summit Therapeutics can reach $40 in the near future.
What is Summit Therapeutics's current price target trend?
1 Wall Street analyst forecast a $45 price target for Summit Therapeutics (SMMT) this month, up 71.69% from its last price of $26.21. Compared to the last 3 and 12 months, the average price target increased by 71.69% and decreased by -14.80%, respectively.
What are Summit Therapeutics's analysts' financial forecasts?
Summit Therapeutics's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $0 (high $0, low $0), average EBITDA is $0 (high $0, low $0), average net income is $-143M (high $-137M, low $-143M), average SG&A $0 (high $0, low $0), and average EPS is $-0.202 (high $-0.194, low $-0.202). SMMT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $0 (high $0, low $0), average EBITDA is $0 (high $0, low $0), average net income is $-159M (high $-159M, low $-159M), average SG&A $0 (high $0, low $0), and average EPS is $-0.225 (high $-0.225, low $-0.225).
Did the SMMT's actual financial results beat the analysts' financial forecasts?
Based on Summit Therapeutics's last annual report (Dec 2020), the company's revenue was $860K, which missed the average analysts forecast of $17.15M by -94.99%. Apple's EBITDA was $-51.475M, missing the average prediction of $-1.912B by -97.31%. The company's net income was $-52.697M, missing the average estimation of $-2.117B by -97.51%. Apple's SG&A was $19.23M, missing the average forecast of $305.38M by -93.70%. Lastly, the company's EPS was $-0.76, beating the average prediction of $-0.433 by 75.63%. In terms of the last quarterly report (Sep 2021), Summit Therapeutics's revenue was $1.31M, beating the average analysts' forecast of $1.71K by 76629.19%. The company's EBITDA was $-18.967M, missing the average prediction of $-24.723M by -23.28%. Summit Therapeutics's net income was $-19.712M, missing the average estimation of $-25.546M by -22.84%. The company's SG&A was $5.66M, beating the average forecast of $30.38K by 18537.87%. Lastly, the company's EPS was $-0.2, missing the average prediction of $-0.215 by -6.83%