SMMT

Summit Therapeutics Inc. Common Stock (SMMT)

Stock · NASDAQ · Health Care

$14.65as of 10/16/2026

AI Market Commentary

AI-generatedAll commentary →

Synthesized from recent news and fundamentals/technical data -- not human analyst commentary or trader sentiment.

October 5, 2026

Summit Therapeutics Partners With AstraZeneca and Daiichi Sankyo. Summit Therapeutics announced a new collaboration with AstraZeneca and Daiichi Sankyo to test a cancer therapy combination. This partnership involves an ADC-bispecific approach and was described by the CEO as an important expansion of the company’s work. The stock rose 7.3% following the news, reflecting investor interest in this strategic alliance.

Active signals

Support level
$14.16
Industry
Biotechnology: Pharmaceutical Preparations

What SMMT's price did in the 20 trading sessions after each past signal, compared with any 20-session window over the same period.

SignalTimesMedian 20-session returnHigher after 20 sessions
Volume Spike38-0.1%50%
Bollinger Band BreakdownActive now22+13.6%68%
Bollinger Band Breakout23-1.1%48%
200-Day Moving Average TouchActive now11-1.7%45%
Any 20-session window (baseline)+1.1%52%

Computed by MarketWall from daily closing prices since May 18, 2022. Returns are close-to-close and don't include dividends. Past results describe what happened before; they are not a forecast and not investment advice.

About SMMT

Summit Therapeutics Inc., a biopharmaceutical company, focuses on discovery, development, and commercialization of patient, physician, caregiver, and societal friendly medicinal therapies. Its lead development candidate is ivonescimab, a bispecific antibody for immunotherapy through blockade of PD-1 with the anti-angiogenesis for the treatment of non-small lung cancer (NSCLC) and colorectal cancer (CRC). The company…

Sector
Health Care
Industry
Biotechnology: Pharmaceutical Preparations
Employees
265

Fundamentals

1-day range
$14.56$15.4
Market cap
$10.80B
P/E (trailing)
—
P/E (forward)
-12.50
EPS (trailing)
$-1.12
Dividend yield
—
Beta
-1.67
Avg. volume
6.00M
52-week range
$12.07$29.23
Next earnings: October 19, 2026 · EPS estimate $-0.21confirmed

How Summit Therapeutics Inc. Common Stock Makes Money

Where the revenue actually goes — FY2022 annual results

market-wall.comTotalRevenue$705.0KR&D$52.00M (7376%)SG&A$26.74M (3793%)SMMT

Source: 10-K filed Mar 9, 2023 · via SEC EDGAR / Finnhub

Operating Income-$72.09M(-10225%)

Forecasts

13 analyst ratings

Buy 67%
Hold 33%
Sell 0%
1-year price forecast
High
$43.59
+197.6%
Median
$32.97
+125.1%
Low
$12
-18.1%

Summit Therapeutics Inc. Common Stock Competitors

Chosen by industry and closest market cap.

  • SMMT
    Summit Therapeutics Inc. Common Stock
    $14.63
    ▼ 4.81%
    Market cap $10.80BP/E —
    $12.07$29.23
  • AXSM
    Axsome Therapeutics Inc. Common Stock
    $157.14
    ▼ 2.87%
    Market cap $10.81BP/E —
    $120.12$260.19
  • ABVX
    Abivax SA American Depositary Shares
    $88.13
    ▼ 4.60%
    Market cap $11.19BP/E —
    $60.45$139
  • PRAX
    Praxis Precision Medicines Inc. Common Stock
    $241.76
    ▼ 2.61%
    Market cap $10.32BP/E —
    $50.56$392.7
  • CYTK
    Cytokinetics Incorporated Common Stock
    $61.95
    ▼ 3.08%
    Market cap $10.13BP/E —
    $54.3$88.31
  • RDY
    Dr. Reddy's Laboratories Ltd Common Stock
    $13.07
    ▲ 1.32%
    Market cap $10.11BP/E 31.61
    $1,101$1,415
  • CORT
    Corcept Therapeutics Incorporated Common Stock
    $110.16
    ▼ 2.83%
    Market cap $11.67BP/E 225.11
    $28.66$126.38

P/E shows — for peers not currently carrying a live signal of their own.

Latest news

Insider Activity

Insider Actions →
Acquired
7.84M
Disposed
0
  • Zanganeh Mahkam · June 12, 2026 · Buy
    3.81M @ $13.12
  • Robert W. Duggan · June 12, 2026 · Buy
    3.81M @ $13.12
  • Zanganeh Mahkam · June 4, 2026 · Buy
    100.0K @ $14.6
  • Robert W. Duggan · June 4, 2026 · Buy
    100.0K @ $14.6
  • Manmeet Singh Soni · June 4, 2026 · Buy
    25.0K @ $14.46

Institutional Ownership

March 31, 2026

Total shares held
116.32M
Total value held
$2.04B
Institutional holders
221
Top holders this quarter
  • Unknown36.39M
  • Unknown10.85M
  • Unknown9.65M
  • Unknown8.28M
  • Unknown7.03M
  • Unknown5.71M
  • Unknown3.70M
  • Unknown3.32M
  • Unknown2.41M
  • Unknown2.24M

See the full, filterable feed with live charts on the MarketWall dashboard.

We use analytics to understand how market-wall is used. No personal data is sold.