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NASDAQ: SMMT
Summit Therapeutics Inc Stock Forecast, Predictions & Price Target

Analyst price target for SMMT

Based on 1 analyst offering 12 month price targets for Summit Therapeutics Inc.
Min Forecast
$8.00+122.84%
Avg Forecast
$8.00+122.84%
Max Forecast
$8.00+122.84%

Should I buy or sell SMMT stock?

Based on 1 analyst offering ratings for Summit Therapeutics Inc.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SMMT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-26

1 of 1

Forecast return on equity

Is SMMT forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.42%

Forecast return on assets

Is SMMT forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

SMMT revenue forecast

What is SMMT's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$9.7M
Avg 2 year Forecast
$108.0M
Avg 3 year Forecast
$386.7M

SMMT vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
SMMT$3.59$8.00+122.84%Strong Buy
JANX$48.21$58.14+20.60%Strong Buy
MRUS$41.97$61.33+46.14%Strong Buy
CGON$36.05$61.75+71.29%Strong Buy
RYTM$39.71$52.25+31.58%Strong Buy

Summit Therapeutics Stock Forecast FAQ

Is Summit Therapeutics Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: SMMT) stock is to Strong Buy SMMT stock.

Out of 1 analyst, 1 (100%) are recommending SMMT as a Strong Buy, 0 (0%) are recommending SMMT as a Buy, 0 (0%) are recommending SMMT as a Hold, 0 (0%) are recommending SMMT as a Sell, and 0 (0%) are recommending SMMT as a Strong Sell.

If you're new to stock investing, here's how to buy Summit Therapeutics stock.

What is SMMT's revenue growth forecast for 2026-2028?

(NASDAQ: SMMT) Summit Therapeutics's forecast annual revenue growth rate of N/A is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 37.5%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.08%.

Summit Therapeutics's revenue in 2024 is $0.On average, 1 Wall Street analysts forecast SMMT's revenue for 2026 to be $6,806,462,636, with the lowest SMMT revenue forecast at $6,806,462,636, and the highest SMMT revenue forecast at $6,806,462,636. On average, 1 Wall Street analysts forecast SMMT's revenue for 2027 to be $75,783,295,332, with the lowest SMMT revenue forecast at $75,783,295,332, and the highest SMMT revenue forecast at $75,783,295,332.

In 2028, SMMT is forecast to generate $271,346,299,119 in revenue, with the lowest revenue forecast at $271,346,299,119 and the highest revenue forecast at $271,346,299,119.

What is SMMT's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: SMMT) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of N/A.

What is SMMT's Price Target?

According to 1 Wall Street analyst that have issued a 1 year SMMT price target, the average SMMT price target is $8.00, with the highest SMMT stock price forecast at $8.00 and the lowest SMMT stock price forecast at $8.00.

The Wall Street analyst predicted that Summit Therapeutics's share price could reach $8.00 by Mar 26, 2025. The average Summit Therapeutics stock price prediction forecasts a potential upside of 122.84% from the current SMMT share price of $3.59.

What is SMMT's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: SMMT) forecast ROE is N/A, which is considered weak.
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