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SMMT

Summit Therapeuticsdistress 3/10 · well-funded / low risk
$14.96+1%today-49% from 52w high
smmttx.com265 employeesFounded 2003Miami, FLBiotechnology
Lead: Non-Small Cell Lung Cancer · est. market ~$35B (approx, global)
Revenue
pre-revenue
Liquidity
$599M
Runway
1.6 yrs
Shares 1y
+5%

Price & events

-13.9% over 6M
$13.05$19.71$26.38Jan 26Apr 26Jul 2619.6Mdilution: 424B5 offering (2026-06-10)dilution: S-3ASR shelf_registration (2026-06-09)catalyst: PHASE2,PHASE3 ivonescimab (2026-06-01) — click to openrating: Bernstein: Underperform (2026-05-22)rating: HC Wainwright & Co.: Buy → Neutral (2026-05-22)rating: HC Wainwright & Co.: Buy (2026-05-04)rating: Piper Sandler: Neutral (2026-05-01)rating: Stifel: Buy (2026-04-08)rating: Jefferies: Buy → Hold (2026-03-16)rating: HC Wainwright & Co.: Buy (2026-02-24)rating: HC Wainwright & Co.: Buy (2026-02-02)
CatalystRating changeDilutionFinancingdashed = today
+1.5%
1D
+8.7%
1W
+5.0%
1M
-32.8%
3M
-9.3%
6M
-46.6%
1Y
+48.3%
2Y
+87.0%
5Y
+189.4%
All

Overview

Market Cap
$11.61B
Volume
200.64K
52 Week Range
$13.05 – $29.32
Total Shares
776.16M
Float Shares
130.71M
Short %
29.55%
% Held by Insiders
83.14%
% Held by Institutions
15.84%
RVOL
0.04x
Beta
-1.26

Pipeline stages · 1 programs

Ivonescimab Injection, Pembrolizumab Injection
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2028-04

Pipeline · 3 trials · 3 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2028-04
Estimated 50%
readout ~2028-06-15
Phase 3Ivonescimab Injection, Pembrolizumab InjectionNon-Small Cell Lung Cancerrecruiting
2028-05-31
Estimated 50%
readout ~2028-08-14
Phase 3Ivonescimab Injection, Bevacizumab InjectionMetastatic Colorectal Cancer (CRC)recruiting
2028-12-31
Estimated 50%
readout ~2029-03-16
Phase 3Ivonescimab Injection, Pembrolizumab InjectionNon-Small Cell Lung Cancerrecruiting

Upcoming readouts & decisions · our signals

1 upcoming event has our read — the sell-the-news timing call plus an experimental clinical estimate. Go Pro to see them.

Catalyst news & presentations · 10

Approved drugs (0)

  • none — clinical-stage

Capital structure — dilution & financing

Shares out: 776,162,645 · 2 offerings/1y · 1 PIPEs
  • 2026-06-10424B5offering
  • 2026-06-09S-3ASRshelf_registration
  • 2025-10-29S-3ASRshelf_registration
  • 2025-10-228-Kprivate_placement
  • 2025-08-118-Kmaterial_agreement
  • 2025-08-11424B5offering
  • 2025-06-208-Kmaterial_agreement
🔒 Positioning — Pro
Short interest / days-to-cover, insider buys & sells.
Upgrade to Pro
🔒 Top holders — Pro
Institutional ownership + quarter-over-quarter accumulation/trimming.
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Wall St ratings

buy · target $29 (+91% upside) · 13 analysts
  • 2026-05-22BernsteinUnderperform
  • 2026-05-22HC Wainwright & Co.Buy → Neutral
  • 2026-05-04HC Wainwright & Co.Buy
  • 2026-05-01Piper SandlerNeutral
  • 2026-04-08StifelBuy
  • 2026-03-16JefferiesBuy → Hold

Competitors — Non-Small Cell Lung Cancer

  • ABBVAbbVie Inc.$451.1B · D2
  • MRKMerck & Co., Inc.$318.8B · D3
  • NVSEFNOVARTIS AG$292.0B · D3
  • PFEPFIZER INC$142.2B · D3
  • REGNREGENERON PHARMACEUTICALS, INC.$60.4B · D2
  • RVMDRevolution Medicines, Inc.$40.3B · D1
  • CELG-RIBRISTOL MYERS SQUIBB CO$241M · D2
  • MAIAMAIA Biotechnology, Inc.$78M · D5
  • AZNASTRAZENECA PLC · D3

Not financial advice. Data: ClinicalTrials.gov, SEC EDGAR, FINRA, Nasdaq, Yahoo.