--- title: "Summit Therapeutics Inc. Stock 12‑Month Price Target Cut to $29.06, Implies 94% Upside" type: "News" locale: "en" url: "https://longbridge.com/en/news/293803915.md" description: "Summit Therapeutics Inc.'s average 12-month price target was cut from $29.84 to $29.20 by 14 analysts, with forecasts ranging from $9.80 to $41.00. Based on the July 23 closing price, this implies approximately 95% upside potential. Despite the downward revision in targets, the consensus rating among 17 covering analysts remains 'Buy', comprising 11 buys, 5 holds, and 1 sell." datetime: "2026-07-24T23:20:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293803915.md) - [en](https://longbridge.com/en/news/293803915.md) - [zh-HK](https://longbridge.com/zh-HK/news/293803915.md) generator: "portal-rs" --- # Summit Therapeutics Inc. Stock 12‑Month Price Target Cut to $29.06, Implies 94% Upside - According to estimates from 14 analysts, Summit Therapeutics Inc. stock's average price target has fallen from $29.84 to $29.2, with forecasts ranging from $9.8 to $41 per share - Based on the Jul. 23 closing price, the updated target implies approximately 95% potential upside - Consensus rating remains at “Buy” across 17 covering analysts, with 11 Buys, 5 Holds and 1 Sells Explore more price target data and ratings for Summit Therapeutics Inc. on the , and track all previous and future analyst recommendations for Summit Therapeutics Inc. in the dedicated News Flow. **Disclaimer** Select reference data provided by FactSet. Copyright © 2026 FactSet Research Systems Inc. This information is not a recommendation for what you should do personally and does not constitute investment advice. ### Related Stocks - [SMMT.US](https://longbridge.com/en/quote/SMMT.US.md) - [FDS.US](https://longbridge.com/en/quote/FDS.US.md) ## Related News & Research - [Arcus Biosciences (RCUS) Stock Looks Strong On Returns But Stretched On Sales](https://longbridge.com/en/news/296529363.md) - [Up more than 3,400% in the past 12 months, here's why SanDisk's stock could still go higher](https://longbridge.com/en/news/296219665.md) - [What Are Wall Street Analysts' Target Price for Expeditors International Stock?](https://longbridge.com/en/news/296206707.md) - [What is HC Wainwright's Estimate for RLAY FY2027 Earnings?](https://longbridge.com/en/news/296617813.md) - [HC Wainwright Analysts Increase Earnings Estimates for RIGL](https://longbridge.com/en/news/296219559.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**