⚠️ Not investment advice. This is a quantitative research tool; every decision is the user's own responsibility. Past performance does not guarantee future results.⚠️ Not investment advice. Past performance does not guarantee future results.
⚠️ Not investment advice. Past performance does not guarantee future results.
🔓 Free accountRanking, alerts and Top 10Sign up with GoogleSign in

Summit Therapeutics SMMT

United StatesHealthcare · BiotechnologyUSD
2.9AI score
Rank 2,095 of 2,130
better than 2% of companies
17.95USD
▼ 15.9% in one year
SMMT MSCI World +22.1%
Average analyst target
29.73 USD (+65.7%)
13 analysts
52-wk low 12.07High 29.23
📈 Chart on TradingView ↗(affiliate link)Analysis of 08/10/2026

What does it do?

Summit Therapeutics is a clinical-stage biopharmaceutical company developing innovative therapies for infectious and oncological diseases, with no marketed products and zero revenue.

Key points

from its scores
  • ✓Favourable backdrop8.7
  • ✕Little competitive advantage0.8
  • ✕Demanding valuation0.8
  • ✕Poor share-price trend1.0

AI analysis

bottom line, main risk, context and news
Bottom line

Avoid until there is efficacy data from its trials or a regulatory approval; the risk profile is extreme.

Summit Therapeutics is a pre-commercial biotech with a healthy balance sheet (net debt/EBITDA of 0.77) but intense cash burn (ROE of -192.5%) and no revenue, making it a high-risk investment that depends on the success of its clinical trials.

⚠ Main risk

The main risk is regulatory and business model: the failure of a clinical trial or the non-approval of its lead product by the FDA would destroy the company's value.

Context and risks

Pre-commercial biotech company with no revenue, an ROE of -192.5% and zero operating margin, reflecting typical cash burn.

Is Summit Therapeutics stock cheap or expensive?

at the analysis date

MultipleCompanySectorDifference
Price / book22.64.1+450%

Sector: median of the 217 Healthcare companies analysed. In bold, the multiples used for the comparison.

Valuation score: 0.8 out of 10 (median for Healthcare: 4.7).

Average analyst target: 29.73 USD, +65.7% versus the price.

Work out its fair value yourself →How much would you have made investing every month? →

Comparing it with its sector does not say whether it is a good buy: this is not investment advice.

🛒 Where to buy SMMTCheapest · US (NYSE/Nasdaq) · sample 200.00 € orderCheapest · US (NYSE/Nasdaq) · sample 200.00 € orderAvailable in your country · US (NYSE/Nasdaq) · sample 200.00 € order
By the cost of that order: commission and FX, taxes excluded (public fee schedules). Brokers marked «affiliate» may pay Meridian a commission at no cost to you. This is not investment advice. · Compare all 22 brokers by real cost →

Score by category

0 to 10 · hover overtap each one to see what it measures
Financial healthiFair5.7Healthcare median: 6.5
Quality / MoatiPoor0.8Healthcare median: 5.5
ValuationiPoor0.8Healthcare median: 4.7
DividendiPoor1.5Healthcare median: 1.5
MomentumiPoor1.0Healthcare median: 6.2
Risk & ContextiExcellent8.7Healthcare median: 7.1
Healthcare median7 or more 5 to 7 under 5

Key metrics

at the analysis date · compared with the Healthcare median
EV / EBITDAi
−15.0
Healthcare: 14.5below
ROEi
−192.5%
Healthcare: 10.8%below
Operating margini
0.0%
Healthcare: 15.2%below
Net debt / EBITDAi
0.77
Healthcare: 1.53below
Dividend yieldi
0.0%
Healthcare: 0.0%below
Forward P/Ei
−15.8
Healthcare: 17.5below

Valuation

Forward P/E
−15.8
EV / EBITDA
−15.0
Price / book
22.6
Market cap
14.3B USD
Enterprise value
13.1B USD

Profitability

ROE
−192.5%
ROA
−101.6%
Gross margin
0.0%
Operating margin
0.0%
Net margin
0.0%
Free cash flow
−139.7M USD
FCF yield
−1.0%

Solvency

Total debt
20.4M USD
Net debt
−670.3M USD
Cash
690.7M USD
EBITDA
−874.7M USD
Net debt / EBITDA
0.77
Debt / equity
3.24
Current ratio
6.96
Quick ratio
6.67

Growth

EPS (TTM)
−1.11 USD
EPS (forward)
−1.14 USD

Dividend

Dividend yield
0.0%
Payout
0.0%

Risk and market

Beta
−1.52
Analyst consensus
Buy (13)
Target price
29.73 USD
52-week range
12.07 – 29.23

Compare it with its sector

All 217 in Healthcare →
See the full ranking with filters →

Keep browsing the ranking

sorted by score, highest first

Frequently asked questions about Summit Therapeutics

Is Summit Therapeutics stock cheap or expensive?

Valuation score: 0.8 out of 10 (median for Healthcare: 4.7). Average analyst target: 29.73 USD, +65.7% versus the price. This is not investment advice.

What score does Summit Therapeutics get on MeridIAn Screener?

It scores 2.9 out of 10, rank 2,095 of 2,130 (better than 2% of the companies analysed). Its strongest category is Risk & Context (8.7) and its weakest, Quality / Moat (0.8). Analysis of 08/10/2026.

How much is Summit Therapeutics worth on the stock market?

Its market capitalisation is 14.3B USD and its enterprise value, debt included, is 13.1B USD.

How much debt does Summit Therapeutics have?

It has more cash than debt: net cash of 670.3M USD.

Does Summit Therapeutics pay a dividend?

It pays no dividend, or almost none.

How has Summit Therapeutics stock performed over the last year?

It has fallen 15.9% over the last year, excluding dividends. Over the last 52 weeks it has traded between 12.07 and 29.23 USD. Past performance does not guarantee future results.

What do analysts think of Summit Therapeutics?

13 analysts cover it; their average recommendation is “Buy” and their average target is 29.73 USD (+65.7% versus the price). It is an estimate, not market data.