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Summit Therapeutics Analyst Ratings

SMMTNASDAQ
Logo brought to you by Benzinga Data
Consensus Rating1
Buy
Highest Price Target1
$44.00
Lowest Price Target1
$23.00
Consensus Price Target1
$33.90

Summit Therapeutics Analyst Ratings and Price Targets | NASDAQ:SMMT | Benzinga

Summit Therapeutics Inc has a consensus price target of $33.9 based on the ratings of 11 analysts. The high is $44 issued by HC Wainwright & Co. on February 25, 2025. The low is $23 issued by Citigroup on September 27, 2024. The 3 most-recent analyst ratings were released by Evercore ISI Group, Goldman Sachs, and Citizens Capital Markets on March 12, 2025, February 28, 2025, and February 25, 2025, respectively. With an average price target of $34.67 between Evercore ISI Group, Goldman Sachs, and Citizens Capital Markets, there's an implied 65.87% upside for Summit Therapeutics Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Nov 24
2
Dec 24
2
Jan
2
Feb
2
Mar
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.2
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Evercore ISI Group
Goldman Sachs
Citizens Capital Markets
HC Wainwright & Co.
Truist Securities

1calculated from analyst ratings

Analyst Ratings for Summit Therapeutics

Buy NowGet Alert
03/21/2025Buy Now—Cantor Fitzgerald
Eric Schmidt31%
—Initiates → OverweightGet Alert
03/12/2025Buy Now43.54%Evercore ISI Group
Cory Kasimov69%
→ $30Initiates → OutperformGet Alert
02/28/2025Buy Now100.96%Goldman Sachs
Salveen Richter52%
→ $42Initiates → BuyGet Alert
02/25/2025Buy Now53.11%Citizens Capital Markets
Reni Benjamin45%
$32 → $32ReiteratesMarket Outperform → Market OutperformGet Alert
02/25/2025Buy Now110.53%HC Wainwright & Co.
Mitchell Kapoor45%
$44 → $44ReiteratesBuy → BuyGet Alert
01/21/2025Buy Now110.53%HC Wainwright & Co.
Mitchell Kapoor45%
$44 → $44ReiteratesBuy → BuyGet Alert
01/08/2025Buy Now67.46%Truist Securities
Asthika Goonewardene41%
→ $35Initiates → BuyGet Alert
12/11/2024Buy Now43.54%Wells Fargo
Mohit Bansal73%
→ $30Initiates → OverweightGet Alert
12/06/2024Buy Now48.33%Jefferies
Brent Thill76%
→ $31Initiates → BuyGet Alert
11/18/2024Buy Now110.53%HC Wainwright & Co.
Mitchell Kapoor45%
$44 → $44ReiteratesBuy → BuyGet Alert
11/04/2024Buy Now53.11%JMP Securities
Reni Benjamin45%
→ $32Initiates → Market OutperformGet Alert
10/31/2024Buy Now110.53%HC Wainwright & Co.
Mitchell Kapoor45%
$45 → $44MaintainsBuyGet Alert
10/04/2024Buy Now115.31%HC Wainwright & Co.
Mitchell Kapoor45%
$45 → $45ReiteratesBuy → BuyGet Alert
09/27/2024Buy Now10.05%Citigroup
Yigal Nochomovitz55%
$19 → $23DowngradeBuy → NeutralGet Alert
09/25/2024Buy Now91.39%Stifel
Bradley Canino40%
$25 → $40MaintainsBuyGet Alert
09/17/2024Buy Now115.31%HC Wainwright & Co.
Mitchell Kapoor45%
$45 → $45ReiteratesBuy → BuyGet Alert
09/16/2024Buy Now115.31%HC Wainwright & Co.
Mitchell Kapoor45%
$30 → $45MaintainsBuyGet Alert
09/09/2024Buy Now-9.09%Citigroup
Yigal Nochomovitz55%
$13 → $19MaintainsBuyGet Alert
09/09/2024Buy Now19.62%Stifel
Bradley Canino40%
$14 → $25MaintainsBuyGet Alert
09/09/2024Buy Now43.54%HC Wainwright & Co.
Mitchell Kapoor45%
$16 → $30MaintainsBuyGet Alert
09/03/2024Buy Now-23.44%HC Wainwright & Co.
Mitchell Kapoor45%
$16 → $16ReiteratesBuy → BuyGet Alert
08/21/2024Buy Now-23.44%HC Wainwright & Co.
Mitchell Kapoor45%
$16 → $16ReiteratesBuy → BuyGet Alert
08/15/2024Buy Now-23.44%HC Wainwright & Co.
Mitchell Kapoor45%
$16 → $16ReiteratesBuy → BuyGet Alert
08/14/2024Buy Now-23.44%HC Wainwright & Co.
Mitchell Kapoor45%
$16 → $16ReiteratesBuy → BuyGet Alert
08/12/2024Buy Now-23.44%HC Wainwright & Co.
Mitchell Kapoor45%
→ $16Initiates → BuyGet Alert
06/03/2024Buy Now-33.01%Stifel
Bradley Canino40%
$8 → $14MaintainsBuyGet Alert
05/31/2024Buy Now-37.8%Citigroup
Yigal Nochomovitz55%
$7 → $13MaintainsBuyGet Alert
05/07/2024Buy Now-66.51%Citigroup
Yigal Nochomovitz55%
→ $7Initiates → BuyGet Alert
03/26/2024Buy Now-61.72%Stifel
Bradley Canino40%
→ $8Initiates → BuyGet Alert

FAQ

Q

What is the target price for Summit Therapeutics (SMMT) stock?

A

The latest price target for Summit Therapeutics (NASDAQ:SMMT) was reported by Cantor Fitzgerald on March 21, 2025. The analyst firm set a price target for $0.00 expecting SMMT to fall to within 12 months (a possible -100.00% downside). 29 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Summit Therapeutics (SMMT)?

A

The latest analyst rating for Summit Therapeutics (NASDAQ:SMMT) was provided by Cantor Fitzgerald, and Summit Therapeutics initiated their overweight rating.

Q

When was the last upgrade for Summit Therapeutics (SMMT)?

A

There is no last upgrade for Summit Therapeutics

Q

When was the last downgrade for Summit Therapeutics (SMMT)?

A

The last downgrade for Summit Therapeutics Inc happened on September 27, 2024 when Citigroup changed their price target from $19 to $23 for Summit Therapeutics Inc.

Q

When is the next analyst rating going to be posted or updated for Summit Therapeutics (SMMT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Summit Therapeutics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Summit Therapeutics was filed on March 21, 2025 so you should expect the next rating to be made available sometime around March 21, 2026.

Q

Is the Analyst Rating Summit Therapeutics (SMMT) correct?

A

While ratings are subjective and will change, the latest Summit Therapeutics (SMMT) rating was a initiated with a price target of $0.00 to $0.00. The current price Summit Therapeutics (SMMT) is trading at is $20.90, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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