Summit Therapeutics Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 96/404 in the Biotechnology & Medical Research industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 32.29.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Summit Therapeutics Inc's Score
Industry at a Glance
Industry Ranking
96 / 404
Overall Ranking
214 / 4592
Industry
Biotechnology & Medical Research
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
17
analysts
Buy
Current Rating
32.286
Target Price
+73.35%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Summit Therapeutics Inc Highlights
StrengthsRisks
Summit Therapeutics Inc. is a biopharmaceutical company focused on the discovery, development, and commercialization of patient, physician, caregiver and societal-friendly medicinal therapies intended to improve quality of life, increase potential duration of life, and resolve serious unmet medical needs. Its lead development candidate is ivonescimab, a novel, potential first-in-class bispecific antibody intending to combine the effects of immunotherapy via a blockade of PD-1 with the anti-angiogenesis effects of an anti-VEGF compound into a single molecule. Ivonescimab is being developed by both Akeso and the Company in multiple Phase III clinical trials. It is also developing ivonescimab in non-small cell lung cancer and other solid tumor settings. Ivonescimab is approved in China in combination with chemotherapy for patients with EGFR-mutated non-small cell lung cancer whose tumors have progressed following an EGFR-TKI based on the results of the HARMONi-A clinical trial.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 0.00.
Fairly Valued
The company’s latest PE is -14.13, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 101.69M shares, decreasing 7.01% quarter-over-quarter.
Summit Therapeutics Inc. is a biopharmaceutical company focused on the discovery, development, and commercialization of patient, physician, caregiver and societal-friendly medicinal therapies intended to improve quality of life, increase potential duration of life, and resolve serious unmet medical needs. Its lead development candidate is ivonescimab, a novel, potential first-in-class bispecific antibody intending to combine the effects of immunotherapy via a blockade of PD-1 with the anti-angiogenesis effects of an anti-VEGF compound into a single molecule. Ivonescimab is being developed by both Akeso and the Company in multiple Phase III clinical trials. It is also developing ivonescimab in non-small cell lung cancer and other solid tumor settings. Ivonescimab is approved in China in combination with chemotherapy for patients with EGFR-mutated non-small cell lung cancer whose tumors have progressed following an EGFR-TKI based on the results of the HARMONi-A clinical trial.
Ticker SymbolSMMT
CompanySummit Therapeutics Inc
CEOZanganeh (Mahkam)
Websitehttps://www.smmttx.com/
FAQs
What is the current price of Summit Therapeutics Inc (SMMT)?
The current price of Summit Therapeutics Inc (SMMT) is 17.310.
What is the symbol of Summit Therapeutics Inc?
The ticker symbol of Summit Therapeutics Inc is SMMT.
What is the 52-week high of Summit Therapeutics Inc?
The 52-week high of Summit Therapeutics Inc is 36.910.
What is the 52-week low of Summit Therapeutics Inc?
The 52-week low of Summit Therapeutics Inc is 15.550.
What is the market capitalization of Summit Therapeutics Inc?
The market capitalization of Summit Therapeutics Inc is 12.89B.
What is the net income of Summit Therapeutics Inc?
The net income of Summit Therapeutics Inc is -221.31M.
Is Summit Therapeutics Inc (SMMT) currently rated as Buy, Hold, or Sell?
According to analysts, Summit Therapeutics Inc (SMMT) has an overall rating of Buy, with a price target of 32.286.
What is the Earnings Per Share (EPS TTM) of Summit Therapeutics Inc (SMMT)?
The Earnings Per Share (EPS TTM) of Summit Therapeutics Inc (SMMT) is -1.244.