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

Analyst price target for SMMT

Based on 2 analysts offering 12 month price targets for Summit Therapeutics Inc.
Min Forecast
$13.00+30.52%
Avg Forecast
$13.50+35.54%
Max Forecast
$14.00+40.56%

Should I buy or sell SMMT stock?

Based on 2 analysts offering ratings for Summit Therapeutics Inc.
Strong Buy
Strong Buy
2 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%2024-06-03
lockedlocked$00.00+00.00%2024-05-31Find Out Why

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Forecast return on equity

Is SMMT forecast to generate an efficient return?
Company
-762.16%
Industry
71.46%
Market
80.46%
SMMT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SMMT forecast to generate an efficient return on assets?
Company
-190.6%
Industry
30.8%
SMMT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SMMT earnings per share forecast

What is SMMT's earnings per share in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
-$0.26
Avg 2 year Forecast
-$0.32
Avg 3 year Forecast
-$0.44

SMMT revenue forecast

What is SMMT's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$10.0M
Avg 2 year Forecast
$114.0M
Avg 3 year Forecast
$528.0M

SMMT vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
SMMT$9.96$13.50+35.54%Strong Buy
HALO$54.34$58.29+7.26%Buy
JAZZ$109.70$185.42+69.02%Strong Buy
BPMC$116.81$117.69+0.76%Buy
IONS$50.61$66.67+31.73%Strong Buy

Summit Therapeutics Stock Forecast FAQ

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

The consensus among 2 Wall Street analysts covering (NASDAQ: SMMT) stock is to Strong Buy SMMT stock.

Out of 2 analysts, 2 (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 earnings growth forecast for 2024-2026?

(NASDAQ: SMMT) Summit Therapeutics's forecast annual earnings growth rate of N/A is not forecast to beat the US Biotechnology industry's average forecast earnings growth rate of 14.27%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.64%.

Summit Therapeutics's earnings in 2024 is -$116,025,000.On average, 1 Wall Street analyst forecast SMMT's earnings for 2024 to be -$182,514,695, with the lowest SMMT earnings forecast at -$182,514,695, and the highest SMMT earnings forecast at -$182,514,695. On average, 1 Wall Street analyst forecast SMMT's earnings for 2025 to be -$224,633,471, with the lowest SMMT earnings forecast at -$224,633,471, and the highest SMMT earnings forecast at -$224,633,471.

In 2026, SMMT is forecast to generate -$308,871,022 in earnings, with the lowest earnings forecast at -$308,871,022 and the highest earnings forecast at -$308,871,022.

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 64.18%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 11.31%.

Summit Therapeutics's revenue in 2024 is $0.On average, 1 Wall Street analysts forecast SMMT's revenue for 2026 to be $7,019,795,960, with the lowest SMMT revenue forecast at $7,019,795,960, and the highest SMMT revenue forecast at $7,019,795,960. On average, 1 Wall Street analysts forecast SMMT's revenue for 2027 to be $80,025,673,944, with the lowest SMMT revenue forecast at $80,025,673,944, and the highest SMMT revenue forecast at $80,025,673,944.

In 2028, SMMT is forecast to generate $370,645,226,688 in revenue, with the lowest revenue forecast at $370,645,226,688 and the highest revenue forecast at $370,645,226,688.

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

(NASDAQ: SMMT) forecast ROA is -190.6%, which is lower than the forecast US Biotechnology industry average of 30.8%.

What is SMMT's Price Target?

According to 2 Wall Street analysts that have issued a 1 year SMMT price target, the average SMMT price target is $13.50, with the highest SMMT stock price forecast at $14.00 and the lowest SMMT stock price forecast at $13.00.

On average, Wall Street analysts predict that Summit Therapeutics's share price could reach $13.50 by Jun 3, 2025. The average Summit Therapeutics stock price prediction forecasts a potential upside of 35.54% from the current SMMT share price of $9.96.

What is SMMT's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: SMMT) Summit Therapeutics's current Earnings Per Share (EPS) is -$0.00. On average, analysts forecast that SMMT's EPS will be -$0.26 for 2024, with the lowest EPS forecast at -$0.26, and the highest EPS forecast at -$0.26. On average, analysts forecast that SMMT's EPS will be -$0.32 for 2025, with the lowest EPS forecast at -$0.32, and the highest EPS forecast at -$0.32. In 2026, SMMT's EPS is forecast to hit -$0.44 (min: -$0.44, max: -$0.44).

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

(NASDAQ: SMMT) forecast ROE is -762.16%, which is considered weak.
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