Summit Therapeutics Inc. (SMMT)
NASDAQ: SMMT · IEX Real-Time Price · USD
3.590
-0.140 (-3.75%)
At close: Apr 24, 2024, 4:00 PM
3.570
-0.020 (-0.56%)
After-hours: Apr 24, 2024, 5:18 PM EDT
Summit Therapeutics Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Summit Therapeutics stock has a target of 8.00, which predicts an increase of 122.84% from the current stock price of 3.59.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 26, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for SMMT is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Initiates $8 | Strong Buy | Initiates | $8 | +122.84% | Mar 26, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Mar 19, 2020 |
| BTIG | BTIG | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Feb 13, 2018 |
| Oppenheimer | Oppenheimer | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Jan 26, 2018 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Dec 1, 2017 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
n/a
EPS This Year
-0.24
from -0.01
EPS Next Year
-0.30
from -0.24
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | n/a | n/a | 10.2M |
| Avg | n/a | n/a | 9.9M |
| Low | n/a | n/a | 9.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.25 | -0.30 | -0.43 |
| Avg | -0.24 | -0.30 | -0.42 |
| Low | -0.24 | -0.28 | -0.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.