Summit Therapeutics Inc. (SMMT)
| Market Cap | 14.26B +5.4% |
| Revenue (ttm) | n/a |
| Net Income | -832.68M |
| EPS | -1.07 |
| Shares Out | 799.76M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,506,291 |
| Open | 17.77 |
| Previous Close | 17.84 |
| Day's Range | 17.38 - 18.14 |
| 52-Week Range | 12.07 - 29.23 |
| Beta | -1.52 |
| Analysts | Buy |
| Price Target | 29.90 (+67.7%) |
| Earnings Date | Nov 4, 2026 |
About SMMT
Summit Therapeutics Inc., a biopharmaceutical company, focuses on discovery, development, and commercialization of patient, physician, caregiver, and societal friendly medicinal therapies. Its lead development candidate is ivonescimab, a bispecific antibody for immunotherapy through blockade of PD-1 with the anti-angiogenesis for the treatment of non-small lung cancer (NSCLC) and colorectal cancer (CRC). The company has also combined ivonescimab with chemotherapy, which is in phase III clinical trial for the patients with epidermal growth facto... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 17 analysts, the average rating for SMMT stock is "Buy." The 12-month stock price target is $29.9, which is an increase of 67.70% from the latest price.
News
Summit Therapeutics Earnings release: Q3 2026
Summit Therapeutics released its Q3 2026 earnings on November 14, 2026, summarizing the period's financial results.
Summit Therapeutics Quarterly report: Q3 2026
Summit Therapeutics has published its Q3 2026 quarterly earnings report on November 14, 2026.
Summit Therapeutics price target lowered to $37 from $38 at Stifel
Stifel lowered the firm’s price target on Summit Therapeutics (SMMT) to $37 from $38 and keeps a Buy rating on the shares.
Summit Therapeutics reports Q3 EPS (20c), consensus (21c)
“This quarter marked a period of meaningful momentum for Summit, highlighted by AstraZeneca’s $2 billion strategic equity investment and the expansion of our network of clinical collaborations with As...
Summit Therapeutics Reports Financial Results and Operational Progress for the Third Quarter and Nine Months Ended September 30, 2026
MIAMI--(BUSINESS WIRE)---- $SMMT--Summit Therapeutics Inc. (NASDAQ: SMMT) today reported its financial results for the third quarter and nine months ended September 30, 2026, and provided an update on...
Summit Therapeutics Transcript: EGM 2026
Shareholders approved a charter amendment increasing authorized common shares from 1 billion to 2 billion. Final results were to be reported on Form 8-K within four business days.
Summit, Lunit announce research agreement to evaluate Lunit SCOPE IO
Lunit and Summit Therapeutics (SMMT) announced a research agreement to evaluate the use of Lunit SCOPE IO, Lunit’s AI-powered pathology platform, for tumor microenvironment analysis in support of Summ...
Summit’s partner announces results from Phase III HARMONi-GI1 study
Summit Therapeutics (SMMT) noted that its partner Akeso announced positive results from the Phase III HARMONi-GI1 study evaluating the novel, potential first-in-class investigational bispecific antibo...
Ivonescimab Plus Chemotherapy Demonstrates Overall Survival Superiority Compared to Durvalumab Plus Chemotherapy in First-Line Treatment of Patients with Advanced Biliary Tract Cancer in HARMONi-GI1 Study Conducted by Akeso in China
MIAMI--(BUSINESS WIRE)---- $SMMT--Summit Therapeutics Inc. (Nasdaq: SMMT) today noted that its partner Akeso Inc. announced positive results from the Phase III HARMONi-GI1 study evaluating the novel, ...
Lunit and Summit Therapeutics Announce Agreement to Apply AI-powered SCOPE IO Platform for Tumor Microenvironment Analysis in Immuno-Oncology Development
Research Will Use Lunit's AI-powered Pathology Platform to Analyze H&E Whole-Slide Images and Generate Scalable Insights into Tumor Microenvironment Biology SEOUL, South Korea, Oct. 24, 2026 /PRNewswi...
Summit Therapeutics, Lunit announces research pact over Lunit SCOPE IO
Summit Therapeutics (SMMT) and Lunit announced a research agreement to evaluate the use of Lunit SCOPE IO, Lunit’s AI-powered pathology platform, for tumor microenvironment analysis in support of Summ...
Summit Therapeutics and Lunit Announce Agreement to Apply AI-powered SCOPE IO Platform for Tumor Microenvironment Analysis in Immuno-Oncology Development
MIAMI & SEOUL, South Korea--(BUSINESS WIRE)---- $SMMT--Summit Therapeutics Inc. (NASDAQ: SMMT) and Lunit Inc. (KRX: 328130) today announced a research agreement to evaluate the use of Lunit SCOPE IO, ...
Ivonescimab Data Sets across Multiple Tumor Types to Be Featured at ESMO 2026
MIAMI--(BUSINESS WIRE)--Summit Therapeutics Inc. (NASDAQ: SMMT) today announced that ivonescimab data will be featured in numerous presentations at the European Society for Medical Oncology 2026 Congr...
Akeso Announces Summit Therapeutics and ECOG-ACRIN Cancer Research Group Enter into Phase II/III Clinical Trial Collaboration to Evaluate Ivonescimab in First-Line Biliary Tract Cancer
Becomes the 7th International Registrational Clinical Trial for Ivonescimab Clinical Trial Site Activations in the United States Expected to Begin Q4 2026 HONG KONG, Oct. 21, 2026 /PRNewswire/ -- Akes...
Summit Therapeutics enters trial collaboration with ECOG-ACRIN
Summit Therapeutics (SMMT) announced a clinical trial collaboration with the ECOG-ACRIN Cancer Research Group to evaluate ivonescimab, a novel, potential first-in-class investigational bispecific anti...
Summit Therapeutics and ECOG-ACRIN Cancer Research Group Enter into Phase II / III Clinical Trial Collaboration to Evaluate Ivonescimab in First-Line Biliary Tract Cancer
MIAMI--(BUSINESS WIRE)---- $SMMT--Summit Therapeutics Inc. (NASDAQ: SMMT) today announced a clinical trial collaboration with the ECOG-ACRIN Cancer Research Group (ECOG-ACRIN) to evaluate ivonescimab,...
Summit Therapeutics Proxy statement: Proxy filing
Summit Therapeutics filed a proxy statement on October 19, 2026, providing details for shareholder voting and corporate governance matters.
Summit initiates, opens of trial sites of Phase II study of ivonescimab
Summit Therapeutics (SMMT) announced the initiation and opening of clinical trial sites of a multiregional Phase II study of ivonescimab, a novel, potential first-in-class investigational PD-1 / VEGF ...
Summit Therapeutics Announces Opening of Global Phase II Study of Ivonescimab-Based Regimens in Advanced Clear Cell Renal Cell Carcinoma
MIAMI--(BUSINESS WIRE)--Summit Therapeutics Inc. (NASDAQ: SMMT) today announced the initiation and opening of clinical trial sites of a multiregional Phase II study of ivonescimab, a novel, potential ...
Large biopharma companies looking at China assets right now, says Goldman Sachs Salveen Richter
Salveen Richter, Goldman Sachs lead U.S. biotech analyst, joins 'Closing Bell Overtime' to talk biotech innovations in China.
Summit Therapeutics Proxy statement: Proxy filing
Summit Therapeutics filed a proxy statement on October 6, 2026, providing details for shareholder voting and corporate governance matters.
AstraZeneca completes $2B equity investment in Summit Therapeutics
Summit Therapeutics (SMMT) announced the successful closing of AstraZeneca’s (AZN) strategic equity investment in Summit. The equity investment will support continued acceleration of the development o...
AstraZeneca Completes $2 Billion Equity Investment in Summit Therapeutics
MIAMI--(BUSINESS WIRE)--Summit Therapeutics Inc. (NASDAQ: SMMT) today announced the successful closing of AstraZeneca's (LSE/STO/NYSE: AZN) strategic equity investment in Summit. The equity investment...
Summit Therapeutics enters trial collaboration with AstraZeneca, Daiichi Sankyo
Summit Therapeutics (SMMT) announced a clinical trial collaboration agreement with Daiichi Sankyo (DSNKY) and AstraZeneca (AZN) to evaluate ivonescimab, a novel, potential first-in-class investigation...
Daiichi Sankyo and AstraZeneca Enter into Clinical Trial Collaboration with Summit Therapeutics to Evaluate Datroway® in Combination with Ivonescimab Across Multiple Tumor Types
TOKYO--(BUSINESS WIRE)--Daiichi Sankyo (TSE: 4568) and AstraZeneca (LSE/STO/NYSE: AZN) have entered into a clinical trial collaboration agreement with Summit Therapeutics Inc. (Nasdaq: SMMT) to evalua...