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Summit Therapeutics Inc. (SMMT) Stock Analysis

Range Bound setup

SellModerate Confidence

Healthcare · Biotechnology

Earnings in 0 days (2026-04-30). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Sell if holding. Engine safety override at $22.29: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.5/10. Specifically: High short interest: 26%; Below-average business quality; Negative price momentum.

Summit Therapeutics is a clinical-stage oncology biopharmaceutical company developing ivonescimab, a PD-1/VEGF-A bispecific antibody in-licensed from Akeso. A BLA was filed Q4 2025 for ivonescimab in EGFR-mutated NSCLC with a PDUFA date of November 14, 2026. Rights cover the US,... Read more

$22.29+21.7% A.UpsideScore 4.5/10#130 of 158 Biotechnology
Stop $20.61Target $26.96(analyst − 13%)A.R:R 1.4:1
Analyst target$30.99+39.0%14 analysts
$26.96our TP
$22.29price
$30.99mean
$12
$45

Sell if holding. Engine safety override at $22.29: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.5/10. Specifically: High short interest: 26%; Below-average business quality; Negative price momentum. Chart setup: RSI 59 mid-range, Bollinger mid-band. Score 4.5/10, moderate confidence.

Passes 4/8 gates (clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and death cross (50MA < 200MA) and earnings proximity 0d<=7d. Suitability: moderate.

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Product: ivonescimab
Concentration risk — Supplier: Akeso
Quality below floor (2.0 < 4.0)

Key Metrics

P/E (TTM)
P/E (Fwd)-17.7
Mkt Cap$16.2B
EV/EBITDA-14.1
Profit Mgn0.0%
ROE-206.1%
Rev Growth
Beta-1.37
DividendNone
Rating analysts23

Quality Signals

Piotroski F2/9

Options Flow

P/C0.75neutral
IV142%elevated
Max Pain$5-77.6% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHProductivonescimab
    10-K Item 1A: 'We depend heavily on the success of ivonescimab'
  • HIGHSupplierAkeso
    10-K Item 1A: 'We depend on our relationship with, and the intellectual property licensed from Akeso'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

5 floor-breakers

Quality below the gate floor. Component breakdown shows what dragged the score down.static

Gross Margin
0.0
Operating Margin
0.0
Net Margin
0.0
Piotroski F
2.2
Current Ratio
5.0
Moat
5.0
No competitive moatWeak Piotroski F-Score: 2/9Quality concerns

Volatile — 8.2% daily ATR makes tight stops impractical. Position-size conservatively.static

Days To Cover
0.0
Volatility
0.0
Implied Vol
0.0
Short Interest
0.9
Debt Equity
1.8
Max Pain Risk
3.0
Put Call
8.4
High short interest justified: 26%High IV: 142%Above max pain $5Concentration risks: 2 HIGH (10-K Item 1A — sized via position_sizing, validated via buy_confidence)

No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static

Earnings History
0.0
Surprise Avg
0.0
Erm
3.5
Earnings Timing
5.0
Earnings concerns: 0B/3MEarnings in 0 days

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
0.0
Value Rank
5.0
Growth Rank
5.0

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.0
Volume
0.0
Obv
5.0
Rsi
5.5
Ma Position
8.0
Above 200-MA but MA slope flat
GatesMomentum 3.7<4.5A.R:R 1.4 < 1.5@spotDeath cross (50MA < 200MA)EARNINGS PROXIMITY 0d<=7dInsider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARRange BoundSuitability: Moderate
RSI
59 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $18.38Resistance $29.23

Price Targets

$21
$27
A.Upside+21.0%
A.R:R1.4:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (2.0 < 4.0)
! Momentum score 3.7/10 — below 4.5 minimum
! Reward/Risk 1.4:1 at current price — below 1.5:1 minimum

Earnings

M
M
M
M
0/4 beats
Next Earnings2026-04-30 (0d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is SMMT stock a buy right now?

Sell if holding. Engine safety override at $22.29: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.5/10. Specifically: High short interest: 26%; Below-average business quality; Negative price momentum. Chart setup: RSI 59 mid-range, Bollinger mid-band. Prior stop was $20.61. Score 4.5/10, moderate confidence.

What is the SMMT stock price target?

Take-profit target: $26.96 (+21.7% upside). Prior stop was $20.61. Stop-loss: $20.61.

What are the risks of investing in SMMT?

Concentration risk — Product: ivonescimab; Concentration risk — Supplier: Akeso; Quality below floor (2.0 < 4.0).

Is SMMT overvalued or undervalued?

Summit Therapeutics Inc. trades at a P/E of N/A (forward -17.7). TrendMatrix value score: 7.5/10. Verdict: Sell.

What do analysts say about SMMT?

23 analysts cover SMMT with a consensus score of 3.9/5. Average price target: $31.

What does Summit Therapeutics Inc. do?Summit Therapeutics is a clinical-stage oncology biopharmaceutical company developing ivonescimab, a PD-1/VEGF-A...

Summit Therapeutics is a clinical-stage oncology biopharmaceutical company developing ivonescimab, a PD-1/VEGF-A bispecific antibody in-licensed from Akeso. A BLA was filed Q4 2025 for ivonescimab in EGFR-mutated NSCLC with a PDUFA date of November 14, 2026. Rights cover the US, Canada, EU, Japan, and expanded territories.

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