SMMTSMMTHealthcare · Biotechnology

SMMT Stock Forecast: Summit Therapeutics, Inc. Price Predictions for 2026-2027

Last close, 6 Oct 2026
$17
+0.23% on the day

The 17 Wall Street analysts covering Summit Therapeutics, Inc. hold a median 12-month price target of $33 — +89.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 27 of 100 as at 5 Oct 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$13.4B
Ticker Nerd rank
27 / 100
Median analyst target
$33
Analysts covering
17
Revenue$0.0
Operating income−$220.5M
Net income−$215.7M
Free cash flow−$142.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+5.6%
1M
−1.7%
YTD
−1.0%
1Y
−21.9%
From 52W high
−34.4%
From 52W low
+39.3%
$12
$26
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

SMMT stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Summit Therapeutics, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 5 Oct 2026
27 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Value
87
Accruals
53
Revisions
51
Growth
48
Volatility
39
Momentum
33
Issuance
26
Quality
21
Size
12

Value (87): The shares cost little relative to the profits and assets behind them — which can mean the market is too gloomy, or that the business really is in trouble.

Quality (21): Profits are thin or unreliable for the size of the business, or they are not turning into cash.

Size (12): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

SMMT stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on SMMT, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$10$20$30$40Jan 26Apr 26Jul 26Oct 26SMMTHigh $43Median $33Low $12

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says17 analysts
11 Buy6 Hold0 Sell
Low $12Median $33High $43

The green dot is the last close — the median target sits +89.2% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 5 moved their price target up and 2 moved it down.

DateFirmActionRatingTarget
1 Oct 2026BarclaysMaintainsEqual-Weight$18 → $20
29 Sept 2026CitigroupMaintainsBuy$40 → $43
23 Sept 2026HC Wainwright & Co.ReiteratesNeutral—
9 Sept 2026JefferiesUpgradeBuy$15 → $25
9 Sept 2026JefferiesUpgradeBuy—
26 Aug 2026HC Wainwright & Co.ReiteratesNeutral—
26 Aug 2026HC Wainwright & Co.ReiteratesNeutral—
25 Aug 2026BernsteinUpgradeMarket Perform—
25 Aug 2026BernsteinUpgradeMarket Perform$9.80 → $12
18 Aug 2026HC Wainwright & Co.ReiteratesNeutral—
18 Aug 2026HC Wainwright & Co.ReiteratesNeutral—
12 Aug 2026Leerink PartnersUpgradeMarket Perform$12 → $13
12 Aug 2026Leerink PartnersUpgradeMarket Perform—
24 July 2026GuggenheimMaintainsBuy$40 → $38
24 July 2026GuggenheimMaintainsBuy—
24 July 2026StifelMaintainsBuy$45 → $38
24 July 2026StifelMaintainsBuy—
23 July 2026HC Wainwright & Co.ReiteratesNeutral—
23 July 2026HC Wainwright & Co.ReiteratesNeutral—
22 May 2026BernsteinInitiatesUnderperform—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. SMMT appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

SMMT vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 6 Oct 2026, Summit Therapeutics, Inc. returned −21.9% against +17.3% for the S&P 500, dividends included.

SMMT vs S&P 500, last 12 monthsTotal return, rebased to 100
60708090100110120Jan 26Apr 26Jul 26Oct 26SMMTS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

SMMT analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
3
Analysts cutting
3
Fundamentals

Summit Therapeutics, Inc. (SMMT) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
25.0×

Cheaper than 30% of US stocks

Price / sales
—
Price / book
21.1×

Cheaper than 4% of US stocks

EV / EBITDA
−14.5×

Cheaper than 87% of US stocks

Growth & margins
Revenue growth (YoY)
—
Earnings growth (YoY)
—
Gross margin
—
Operating margin
0.0%

Higher than 32% of US stocks

Net margin
0.0%

Higher than 30% of US stocks

Returns & dividend
Return on equity
−192.5%

Higher than 8% of US stocks

Return on assets
−101.6%

Higher than 3% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Summit Therapeutics, Inc. (SMMT) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Summit Therapeutics, Inc. has a market value of $13.4B and an enterprise value of $12.7B.

  • Revenue in the twelve months to 30 June 2026: $0.0.

  • Net income over the same four quarters: −$856.0M.

  • Diluted earnings per share, trailing twelve months: $−1.12.

  • Free cash flow in the twelve months to 30 June 2026: −$459.8M, after $1.4M of capital spending.

  • Shares outstanding: 793.1M.

  • Trailing P/E: 25.0×; forward P/E: −14.7× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • Summit Therapeutics, Inc. employs 265 people.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 6 Oct 2026

Data provided by Twelve Data

Peers

SMMT vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelBiotechnology
CompanyMarket capTKN rank
SMMTSummit Therapeutics, Inc.$13.4B
27
TWSTTwist Bioscience Corp.$13.5B
63
CORTCorcept Therapeutics, Inc.$13.1B
79
BBIOBridgeBio Pharma, Inc.$12.8B
65
JAZZJazz Pharmaceuticals Plc$14.8B
99
EXELExelixis, Inc.$15.3B
98
HALOHalozyme Therapeutics, Inc.$12.3B
97

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Summit Therapeutics, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest SMMT news & analysis

Large biopharma companies looking at China assets right now, says Goldman Sachs Salveen Richter

CNBC Television · 6 Oct 2026neutral

On CNBC’s “Closing Bell Overtime,” Goldman Sachs lead U.S. biotech analyst Salveen Richter discussed biotech innovations in China and said large biopharma companies are looking at Chinese assets.

Why it matters — The discussion concerns activity around Chinese biotech assets, a sector development that may be relevant context for SMMT watchers.

SMMT Inks Deal With AZN-Daiichi to Study Ivonescimab + Datroway Combos

Zacks Investment Research · 5 Oct 2026positive

Summit Therapeutics, Inc. has entered into an agreement with AstraZeneca and Daiichi to study its drug ivonescimab in combination with Datroway. The combination will be tested across breast and lung cancers, broadening the potential applications of Summit's candidate.

Why it matters — This collaboration expands the potential of Summit's key drug ivonescimab by pairing it with established partners' therapy across additional cancer types, widening its possible market and development opportunities.

AstraZeneca Completes $2 Billion Equity Investment in Summit Therapeutics

Business Wire · 5 Oct 2026positive

Summit Therapeutics announced the successful closing of AstraZeneca's $2 billion strategic equity investment in Summit. The investment will support continued acceleration of the development of ivonescimab, an investigational PD-1/VEGF bispecific antibody, through the Securities Purchase Agreement between the two companies.

Why it matters — AstraZeneca's completed $2 billion investment provides Summit with substantial funding to advance its lead investigational candidate ivonescimab.

Summit Therapeutics Announces Clinical Trial Collaboration with AstraZeneca and Daiichi Sankyo to Evaluate Ivonescimab in Combination with TROP2-Directed ADC Datroway

Business Wire · 2 Oct 2026positive

Summit Therapeutics announced a clinical trial collaboration agreement with Daiichi Sankyo and AstraZeneca to evaluate ivonescimab, its investigational PD-1/VEGF bispecific antibody, in combination with the TROP2-directed antibody drug conjugate Datroway across multiple solid tumor settings, including breast and lung cancer.

Why it matters — This partnership expands the clinical development of Summit's lead candidate ivonescimab through a combination study with a major ADC from two large pharmaceutical partners, broadening its potential scope.

Daiichi Sankyo and AstraZeneca Enter into Clinical Trial Collaboration with Summit Therapeutics to Evaluate Datroway® in Combination with Ivonescimab Across Multiple Tumor Types

Business Wire · 2 Oct 2026positive

Daiichi Sankyo and AstraZeneca have entered into a clinical trial collaboration agreement with Summit Therapeutics to evaluate Datroway (datopotamab deruxtecan) in combination with ivonescimab across multiple tumor types, including lung and breast cancers. The collaboration is intended to begin with a phase 3 trial in first-line triple negative breast cancer.

Why it matters — This partnership brings major pharmaceutical collaborators to evaluate Summit's ivonescimab in combination with Datroway, potentially expanding its clinical development across new tumor types.

FAQ

Frequently asked questions about SMMT stock

What is the SMMT stock price forecast for 2026-2027?

The 17 Wall Street analysts covering Summit Therapeutics, Inc. have a median 12-month price target of $33, with estimates ranging from $12 to $43. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is SMMT stock a buy right now?

Of the 17 analysts covering Summit Therapeutics, Inc., 11 rate it a Buy, 6 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Summit Therapeutics, Inc. 27 out of 100 across roughly 4,600 US stocks as at 5 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank SMMT?

As at 5 Oct 2026, Summit Therapeutics, Inc. ranks 27 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Value (87 of 100).

Will SMMT stock go up?

No one can know that. What the data says: the median 12-month target from 17 analysts implies +89.2% from the last close, and Ticker Nerd's factor model ranks Summit Therapeutics, Inc. 27 out of 100 as at 5 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the SMMT stock forecast for 2030?

No analyst covering Summit Therapeutics, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for SMMT are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $12 to $43 over the next 12 months.

How has SMMT stock performed over the past year?

Summit Therapeutics, Inc. returned -21.9% over the 12 months to 6 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Summit Therapeutics, Inc. do?

Summit Therapeutics Inc. is a biopharmaceutical company focused on discovering, developing, and commercializing therapies for serious unmet medical needs.

What is the latest news on SMMT?

The most recent item we track (CNBC Television, 6 Oct 2026): "Large biopharma companies looking at China assets right now, says Goldman Sachs Salveen Richter". On CNBC’s “Closing Bell Overtime,” Goldman Sachs lead U.S. biotech analyst Salveen Richter discussed biotech innovations in China and said large biopharma companies are looking at Chinese assets.

Company

About Summit Therapeutics, Inc.

Summit Therapeutics Inc. is a biopharmaceutical company focused on discovering, developing, and commercializing therapies for serious unmet medical needs. Summit Therapeutics Inc. centers its current portfolio on oncology, with ivonescimab as its lead investigational asset, a bispecific antibody designed to combine immune checkpoint blockade with anti-angiogenic activity. The company is advancing ivonescimab in multiple late-stage clinical programs for non-small cell lung cancer and colorectal cancer, often in combination with chemotherapy. Summit Therapeutics Inc. also maintains an anti-infectives program, including ridinilazole, an oral antibiotic candidate studied for Clostridioides difficile infection. Through these product and development efforts, Summit Therapeutics Inc. plays a role in precision medicine across cancer and infectious disease, with a focus on therapies intended to address difficult-to-treat conditions.

CEO Mr. Robert W. Duggan · 265 employees · United States · https://www.smmttx.com