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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.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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03/21/2025 | Buy Now | — | Cantor Fitzgerald | Eric Schmidt31% | — | Initiates | → Overweight | Get Alert |
03/12/2025 | Buy Now | 43.54% | Evercore ISI Group | Cory Kasimov69% | → $30 | Initiates | → Outperform | Get Alert |
02/28/2025 | Buy Now | 100.96% | Goldman Sachs | Salveen Richter52% | → $42 | Initiates | → Buy | Get Alert |
02/25/2025 | Buy Now | 53.11% | Citizens Capital Markets | Reni Benjamin45% | $32 → $32 | Reiterates | Market Outperform → Market Outperform | Get Alert |
02/25/2025 | Buy Now | 110.53% | HC Wainwright & Co. | Mitchell Kapoor45% | $44 → $44 | Reiterates | Buy → Buy | Get Alert |
01/21/2025 | Buy Now | 110.53% | HC Wainwright & Co. | Mitchell Kapoor45% | $44 → $44 | Reiterates | Buy → Buy | Get Alert |
01/08/2025 | Buy Now | 67.46% | Truist Securities | Asthika Goonewardene41% | → $35 | Initiates | → Buy | Get Alert |
12/11/2024 | Buy Now | 43.54% | Wells Fargo | Mohit Bansal73% | → $30 | Initiates | → Overweight | Get Alert |
12/06/2024 | Buy Now | 48.33% | Jefferies | Brent Thill76% | → $31 | Initiates | → Buy | Get Alert |
11/18/2024 | Buy Now | 110.53% | HC Wainwright & Co. | Mitchell Kapoor45% | $44 → $44 | Reiterates | Buy → Buy | Get Alert |
11/04/2024 | Buy Now | 53.11% | JMP Securities | Reni Benjamin45% | → $32 | Initiates | → Market Outperform | Get Alert |
10/31/2024 | Buy Now | 110.53% | HC Wainwright & Co. | Mitchell Kapoor45% | $45 → $44 | Maintains | Buy | Get Alert |
10/04/2024 | Buy Now | 115.31% | HC Wainwright & Co. | Mitchell Kapoor45% | $45 → $45 | Reiterates | Buy → Buy | Get Alert |
09/27/2024 | Buy Now | 10.05% | Citigroup | Yigal Nochomovitz55% | $19 → $23 | Downgrade | Buy → Neutral | Get Alert |
09/25/2024 | Buy Now | 91.39% | Stifel | Bradley Canino40% | $25 → $40 | Maintains | Buy | Get Alert |
09/17/2024 | Buy Now | 115.31% | HC Wainwright & Co. | Mitchell Kapoor45% | $45 → $45 | Reiterates | Buy → Buy | Get Alert |
09/16/2024 | Buy Now | 115.31% | HC Wainwright & Co. | Mitchell Kapoor45% | $30 → $45 | Maintains | Buy | Get Alert |
09/09/2024 | Buy Now | -9.09% | Citigroup | Yigal Nochomovitz55% | $13 → $19 | Maintains | Buy | Get Alert |
09/09/2024 | Buy Now | 19.62% | Stifel | Bradley Canino40% | $14 → $25 | Maintains | Buy | Get Alert |
09/09/2024 | Buy Now | 43.54% | HC Wainwright & Co. | Mitchell Kapoor45% | $16 → $30 | Maintains | Buy | Get Alert |
09/03/2024 | Buy Now | -23.44% | HC Wainwright & Co. | Mitchell Kapoor45% | $16 → $16 | Reiterates | Buy → Buy | Get Alert |
08/21/2024 | Buy Now | -23.44% | HC Wainwright & Co. | Mitchell Kapoor45% | $16 → $16 | Reiterates | Buy → Buy | Get Alert |
08/15/2024 | Buy Now | -23.44% | HC Wainwright & Co. | Mitchell Kapoor45% | $16 → $16 | Reiterates | Buy → Buy | Get Alert |
08/14/2024 | Buy Now | -23.44% | HC Wainwright & Co. | Mitchell Kapoor45% | $16 → $16 | Reiterates | Buy → Buy | Get Alert |
08/12/2024 | Buy Now | -23.44% | HC Wainwright & Co. | Mitchell Kapoor45% | → $16 | Initiates | → Buy | Get Alert |
06/03/2024 | Buy Now | -33.01% | Stifel | Bradley Canino40% | $8 → $14 | Maintains | Buy | Get Alert |
05/31/2024 | Buy Now | -37.8% | Citigroup | Yigal Nochomovitz55% | $7 → $13 | Maintains | Buy | Get Alert |
05/07/2024 | Buy Now | -66.51% | Citigroup | Yigal Nochomovitz55% | → $7 | Initiates | → Buy | Get Alert |
03/26/2024 | Buy Now | -61.72% | Stifel | Bradley Canino40% | → $8 | Initiates | → Buy | Get Alert |
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.
The latest analyst rating for Summit Therapeutics (NASDAQ:SMMT) was provided by Cantor Fitzgerald, and Summit Therapeutics initiated their overweight rating.
There is no last upgrade for Summit Therapeutics
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.
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.
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.
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