SMMT - Summit Therapeutics Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$19.00
DETAILS
HIGH:
$23.00
LOW:
$16.00
MEDIAN:
$18.00
CONSENSUS:
$19.00
UPSIDE:
14.32%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||
| Revenue | 0 | 0 | 0 | 0.6 | 1.3 | 0.6 | 0.6 | 57.1 | 14.2 | 2.4 | 1.3 | 1.9 | 2.3 | 2.9 | 1.8 | 1.2 | 0.3 | 0.3 | 6.0 | 2.0 | 0.9 | 0.2 | 0.0 |
| Cost of Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 | 0 | 0.1 | 0 | 0.0 | 0.1 | 0.2 | 0.4 | 2.3 | 0.0 | 3.2 | 0.6 | 0.4 | 0.2 | 0.0 |
| Gross Profit | 0 | 0 | 0 | 0.6 | 1.3 | 0.6 | 0.6 | 56.4 | 14.2 | 2.4 | 1.3 | 1.9 | 1.8 | 1.9 | 1.6 | 1.2 | (2.1) | 0.3 | 0.1 | 1.4 | 0.5 | 0.0 | 0 |
| Operating Expenses | |||||||||||||||||||||||
| R&D Expenses | 537.7 | 132.4 | 455.3 | 43.0 | 63.1 | 39.0 | 32.8 | 49.1 | 29.0 | 19.0 | 16.9 | 10.4 | 6.6 | 4.7 | 3.1 | 2.2 | 3.7 | 7.4 | 15.3 | 5.8 | 1.8 | 0.5 | 0.0 |
| SG&A Expenses | 556.7 | 48.3 | 23.7 | 22.1 | 17.5 | 14.1 | 9.3 | 17.0 | 11.9 | 8.3 | 4.8 | 3.7 | 1.9 | 1.7 | 1.5 | 1.7 | 4.2 | 1.1 | 2.2 | 1 | 1.8 | 0.1 | 0.0 |
| Other Expenses | 0 | (0.3) | (0.8) | (4.9) | (15.5) | (13.5) | (18.8) | (14.4) | (0.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (4.2) | 6.2 | 8.7 | 3.2 | 0.1 | 0 | (0.0) |
| Operating Expenses | 1,094.4 | 180.5 | 478.2 | 60.2 | 65.1 | 39.5 | 23.2 | 51.7 | 40.0 | 27.2 | 21.6 | 14.1 | 8.6 | 6.5 | 4.6 | 4.0 | 3.7 | 14.7 | 26.2 | 10.0 | 3.7 | 0.6 | 0.0 |
| Operating Income | |||||||||||||||||||||||
| Operating Income | (1,094.4) | (180.5) | (478.2) | (59.6) | (63.7) | (38.9) | (22.6) | 5.4 | (25.8) | (24.9) | (20.3) | (12.2) | (6.7) | (4.6) | (4.7) | (9.4) | (9.2) | (19.2) | (23.4) | (8.6) | (3.2) | (0.5) | (0.0) |
| Interest Expense | 0 | 8.7 | 16.5 | 4.4 | 0.2 | 0.3 | 0.0 | 0.6 | 0 | 1.1 | 0 | 0.4 | 0 | 0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | 0 | 0 | 0 |
| Interest Income | 0 | 13.5 | 10.4 | 1.5 | 0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 1.5 | 1.7 | 1.0 | 0.4 | 0.0 |
| Profitability | |||||||||||||||||||||||
| EBITDA | (1,079.4) | (168.5) | (69.5) | (51.6) | (62.7) | (37.1) | (21.6) | 11.7 | (26.3) | (24.8) | (20.3) | (12.2) | (11.0) | (7.1) | (4.4) | (8.6) | (5.4) | (16.0) | (18.6) | (6.1) | (3.0) | (0.5) | (0.0) |
| EBIT | (1,079.5) | (168.5) | (69.6) | (52.6) | (63.7) | (38.3) | (22.6) | 9.7 | (26.7) | (24.9) | (20.3) | (12.2) | (11.1) | (7.2) | (4.7) | (9.4) | (9.2) | (18.8) | (21.9) | (6.9) | (3.2) | (0.5) | (0.1) |
| Income Before Tax | (1,079.5) | (176.8) | (482.4) | (65.2) | (65.5) | (38.7) | (24.0) | 9.1 | (23.9) | (25.7) | (23.2) | (12.7) | (6.7) | (4.6) | (4.7) | (9.4) | (9.3) | (18.9) | (21.9) | (6.9) | (2.2) | (0.1) | (0.0) |
| Income Tax Expense | 0 | 0 | 0 | 0 | 0 | 0.2 | 0.0 | (1.8) | 3.8 | 4.3 | (3.3) | (1.4) | (1.0) | (0.5) | (0.5) | (1.9) | (0.6) | (2.5) | (1.8) | (1.0) | (0.3) | (0.0) | 0 |
| Net Income | (1,079.6) | (176.8) | (482.4) | (65.2) | (65.5) | (38.5) | (24.0) | 10.9 | (20.2) | (21.4) | (24.3) | (17.1) | (6.1) | (6.7) | (4.2) | (7.4) | (5.3) | (32.3) | (20.1) | (5.9) | (1.9) | (0.1) | (0.0) |
| Per Share Data | |||||||||||||||||||||||
| EPS (Basic) | -1.44 | -0.25 | -0.78 | -0.34 | -0.71 | -0.55 | -0.73 | 0.11 | -0.31 | -0.35 | -0.34 | -0.31 | -0.34 | -0.42 | -0.36 | -0.19 | -0.13 | -0.60 | -0.42 | -0.16 | -0.06 | -0.00 | -0.00 |
| EPS (Diluted) | -1.44 | -0.25 | -0.78 | -0.34 | -0.71 | -0.56 | -0.73 | 0.11 | -0.31 | -0.35 | -0.34 | -0.31 | -0.34 | -0.42 | -0.36 | -0.19 | -0.13 | -0.60 | -0.42 | -0.16 | -0.06 | -0.00 | -0.00 |
| Shares Outstanding | 747.7 | 713.9 | 619.6 | 192.2 | 92.2 | 69.3 | 32.7 | 86.1 | 65.0 | 61.1 | 59.1 | 39.6 | 29.4 | 15.8 | 11.6 | 38.2 | 67.0 | 53.4 | 47.9 | 36.4 | 31.3 | 23.5 | 19.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||
| Cash & Cash Equivalents | 167.2 | 83.8 | 56.5 | 284.2 | 53.2 | 48.8 | 50.0 | 35.2 | 28.5 | 35.1 | 9.7 | 3.9 | 26.7 | 0.1 |
| Short-Term Investments | 362.3 | 245.7 | 90.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 0 | 0.4 | 0.7 | 5.0 | 12.7 | 7.5 | 0.3 | 0 | 0 | 0 | 0.7 | 1.0 | 0.2 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.6 | 0 | 0 |
| Other Current Assets | 5.1 | 8.7 | 0.1 | 245.0 | 0.9 | 1.1 | 5.0 | 16.2 | 15.8 | 5.7 | 0 | 1.2 | 0 | 0 |
| Total Current Assets | 534.6 | 338.6 | 150.1 | 535.3 | 72.1 | 64.4 | 62.1 | 61.2 | 50.7 | 41.7 | 10.6 | 7.8 | 26.8 | 0.1 |
| Non-Current Assets | ||||||||||||||
| Property, Plant & Equipment | 16.1 | 5.9 | 4.8 | 4.1 | 2.6 | 0.9 | 1.2 | 2.0 | 2.9 | 0.1 | 0.5 | 5.4 | 0.0 | 0 |
| Goodwill | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.2 | 2.4 | 3.5 | 0.8 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 7.7 | 8.5 | 7.7 | 13.9 | 20.9 | 4.3 | 7.2 | 6.9 | 0.0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 5.3 | 2.0 | 4.2 | 0.5 | 0.1 | 0 | 3.3 | 0 | (0.0) | 0 | (9.7) | (3.9) | (26.7) | 0 |
| Total Non-Current Assets | 22.9 | 9.4 | 10.5 | 6.1 | 11.9 | 10.9 | 13.3 | 18.3 | 27.4 | 5.3 | 7.8 | 12.3 | 0.0 | 0 |
| Total Assets | 557.5 | 348.1 | 160.6 | 541.4 | 84.0 | 75.3 | 75.5 | 79.5 | 78.1 | 47.0 | 18.4 | 20.1 | 26.9 | 0.1 |
| Current Liabilities | ||||||||||||||
| Account Payables | 15.1 | 3.7 | 2.1 | 0.3 | 3.2 | 4.5 | 3.4 | 5.8 | 12.5 | 1.1 | 0.2 | 1.0 | 0.0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 16.1 | 0 | 0 | 0.6 | 0 | 0 | 0 | 0 | 0.2 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 5.9 | 6.1 | 1.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 12.8 | 11.0 | 4.9 | 5.1 | 3.7 | 1.3 | 0.0 | 10.9 | 20.0 | 12.2 | 1.4 | 0.8 | 0.3 | 0.0 |
| Total Current Liabilities | 54.2 | 33.3 | 16.1 | 31.6 | 19.0 | 14.6 | 9.9 | 17.2 | 32.5 | 13.6 | 1.8 | 2.7 | 0.4 | 0.0 |
| Non-Current Liabilities | ||||||||||||||
| Long-Term Debt | 0 | 0 | 79.1 | 403.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.7 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1.6 | 2.2 | 3.4 | 0.7 | 1.5 | 1.5 | 0 | 0 |
| Other Non-Current Liabilities | 1.4 | 1.3 | 1.2 | 1.2 | 2.1 | 1.8 | 2.1 | 3.3 | 8.1 | 7.5 | 1.9 | 1.9 | 0 | 0 |
| Total Non-Current Liabilities | 14.3 | 4.1 | 83.0 | 406.6 | 3.3 | 2.3 | 4.4 | 6.6 | 50.0 | 37.7 | 3.4 | 5.1 | 0 | 0 |
| Total Liabilities | 68.5 | 37.4 | 99.1 | 438.2 | 22.3 | 16.9 | 14.3 | 23.7 | 82.6 | 51.3 | 5.2 | 7.8 | 0.4 | 0.0 |
| Stockholders' Equity | ||||||||||||||
| Common Stock | 5.8 | 5.9 | 5.6 | 1.7 | 0.7 | 0.6 | 0.5 | 2.1 | 1.0 | 0.8 | 11.0 | 8.1 | 5.9 | 0.0 |
| Retained Earnings | (1,702.6) | (970.6) | (786.0) | (308.4) | (222.0) | (154.9) | (119.5) | (99.8) | (132.9) | (92.2) | (43.9) | (52.8) | (0.1) | (0.0) |
| Accumulated Other Comprehensive Income | (1.9) | (1.8) | (1.9) | (1.5) | (1.6) | (2.8) | (3.6) | 0 | 0 | 0 | (5.2) | (3.2) | (0.0) | 0 |
| Total Stockholders' Equity | 489.0 | 310.6 | 61.5 | 103.2 | 61.7 | 58.4 | 61.1 | 55.8 | (4.5) | (4.4) | 13.2 | 12.3 | 26.5 | 0.1 |
| Total Liabilities & Equity | 557.5 | 348.1 | 160.6 | 541.4 | 84.0 | 75.3 | 75.5 | 79.5 | 78.1 | 47.0 | 18.4 | 20.1 | 26.9 | 0.1 |
| Debt Metrics | ||||||||||||||
| Total Debt | 15.5 | 5.8 | 84.0 | 422.9 | 2.1 | 0.3 | 0.7 | 0 | 0 | 0 | 0 | 1.9 | 0 | 0 |
| Net Debt | (151.7) | (78.0) | 27.4 | 138.7 | (51.2) | (48.4) | (49.3) | (35.2) | (28.5) | (35.1) | (9.7) | (2.0) | (26.7) | (0.1) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 | 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Net Income | (801.2) | (176.9) | (486.6) | (64.2) | (65.7) | (38.7) | (23.9) | 10.9 | (33.9) | (32.1) | (3.2) | (0.5) | (0.0) |
| Depreciation & Amortization | 0.1 | 0.1 | 0.2 | 1.0 | 1.8 | 1.5 | 1.4 | 2.0 | 0.6 | 0.1 | 0.1 | 0.0 | 0 |
| Stock-Based Compensation | 543.6 | 40.7 | 11.2 | 9.7 | 9.5 | 1.3 | 0.5 | 6.3 | 2.3 | 1.7 | 0 | 0 | 0 |
| Change in Working Capital | 23.3 | 12.4 | (0.4) | 8.0 | (0.0) | 0.5 | 1.0 | (54.9) | 6.9 | 39.8 | 0.3 | 0.2 | 0.0 |
| Other Non-Cash Items | (5.4) | 10.1 | 415.0 | 11.5 | 0.6 | 0.1 | (6.0) | 0.6 | 3.5 | 5.7 | (0.1) | 0 | 0.0 |
| Operating Cash Flow | (239.7) | (113.6) | (60.7) | (33.9) | (53.8) | (35.3) | (15.6) | (35.1) | (20.6) | 15.2 | (2.5) | (0.3) | (0.0) |
| Investing Activities | |||||||||||||
| Capital Expenditure | (0.5) | (0.1) | (0.1) | (0.5) | (0.2) | (0.3) | (0.3) | (0.2) | (0.7) | (0.1) | (2.5) | (0.0) | 0 |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.2) | (6.8) | 0 | 0 | 0 | 0 |
| Purchases of Investments | (359.9) | (543.4) | (254.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 231.1 | 391.4 | 164.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | (12.0) | (375.7) | 0 | 0 | 0 | 0.1 | (0.0) | (0.2) | 0.0 | 4.8 | (25.6) | 0 |
| Investing Cash Flow | (129.4) | (164.1) | (465.1) | (0.5) | (0.2) | (0.3) | (0.1) | (0.3) | (7.4) | (0.1) | 2.4 | (25.6) | 0 |
| Financing Activities | |||||||||||||
| Net Debt Issuance | 0 | (79.9) | (19.5) | 423.9 | 0 | 0 | 0 | (0.4) | (0.2) | 0.0 | 1.4 | 0 | 0.0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | (0.5) | (0.1) | (0.1) | 0.4 | (4.7) | (1.2) | (1.5) | 0.5 | (0.0) | 0 | 0.0 |
| Financing Cash Flow | 458.3 | 304.6 | 68.5 | 505.6 | 57.8 | 37.1 | 33.1 | 44.5 | 19.5 | 0.5 | 1.3 | 26.5 | 0.2 |
| Cash Position | |||||||||||||
| Net Change in Cash | 89.4 | 27.0 | (456.8) | 470.2 | 4.0 | 1.9 | 6.8 | 6.8 | (11.3) | 14.7 | (20.0) | (25.6) | 0.2 |
| Cash at Beginning | 78.1 | 57.1 | 513.3 | 58.5 | 49.2 | 46.9 | 22.3 | 28.5 | 39.7 | 20.4 | 21.2 | 26.1 | (0.0) |
| Cash at End | 167.4 | 84.1 | 56.5 | 528.7 | 53.2 | 48.8 | 50.0 | 35.2 | 28.5 | 35.1 | 1.2 | 0.5 | 0.1 |
| Free Cash Flow | (240.2) | (113.7) | (60.8) | (34.4) | (54.0) | (35.6) | (15.8) | (35.3) | (21.3) | 15.1 | (5.0) | (0.4) | (0.0) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||
| Revenue | 0 | 0 | 0 | 0.6 | 1.3 | 0.6 | 0.6 | 57.1 | 14.2 | 2.4 | 1.3 | 1.9 | 2.3 | 2.9 | 1.8 | 1.2 | 0.3 | 0.3 | 6.0 | 2.0 | 0.9 | 0.2 | 0.0 |
| Gross Profit | 0 | 0 | 0 | 0.6 | 1.3 | 0.6 | 0.6 | 56.4 | 14.2 | 2.4 | 1.3 | 1.9 | 1.8 | 1.9 | 1.6 | 1.2 | (2.1) | 0.3 | 0.1 | 1.4 | 0.5 | 0.0 | 0 |
| Operating Income | (1,094.4) | (180.5) | (478.2) | (59.6) | (63.7) | (38.9) | (22.6) | 5.4 | (25.8) | (24.9) | (20.3) | (12.2) | (6.7) | (4.6) | (4.7) | (9.4) | (9.2) | (19.2) | (23.4) | (8.6) | (3.2) | (0.5) | (0.0) |
| Net Income | (1,079.6) | (176.8) | (482.4) | (65.2) | (65.5) | (38.5) | (24.0) | 10.9 | (20.2) | (21.4) | (24.3) | (17.1) | (6.1) | (6.7) | (4.2) | (7.4) | (5.3) | (32.3) | (20.1) | (5.9) | (1.9) | (0.1) | (0.0) |
| EPS (Diluted) | -1.44 | -0.25 | -0.78 | -0.34 | -0.71 | -0.56 | -0.73 | 0.11 | -0.31 | -0.35 | -0.34 | -0.31 | -0.34 | -0.42 | -0.36 | -0.19 | -0.13 | -0.60 | -0.42 | -0.16 | -0.06 | -0.00 | -0.00 |
| Balance Sheet | |||||||||||||||||||||||
| Cash & Equivalents | 167.2 | 83.8 | 56.5 | 284.2 | 53.2 | 48.8 | 50.0 | 35.2 | 28.5 | 35.1 | 9.7 | 3.9 | 26.7 | 0.1 | |||||||||
| Total Assets | 557.5 | 348.1 | 160.6 | 541.4 | 84.0 | 75.3 | 75.5 | 79.5 | 78.1 | 47.0 | 18.4 | 20.1 | 26.9 | 0.1 | |||||||||
| Total Debt | 15.5 | 5.8 | 84.0 | 422.9 | 2.1 | 0.3 | 0.7 | 0 | 0 | 0 | 0 | 1.9 | 0 | 0 | |||||||||
| Stockholders' Equity | 489.0 | 310.6 | 61.5 | 103.2 | 61.7 | 58.4 | 61.1 | 55.8 | (4.5) | (4.4) | 13.2 | 12.3 | 26.5 | 0.1 | |||||||||
| Cash Flow | |||||||||||||||||||||||
| Operating Cash Flow | (239.7) | (113.6) | (60.7) | (33.9) | (53.8) | (35.3) | (15.6) | (35.1) | (20.6) | 15.2 | (2.5) | (0.3) | (0.0) | ||||||||||
| Capital Expenditure | (0.5) | (0.1) | (0.1) | (0.5) | (0.2) | (0.3) | (0.3) | (0.2) | (0.7) | (0.1) | (2.5) | (0.0) | 0 | ||||||||||
| Free Cash Flow | (240.2) | (113.7) | (60.8) | (34.4) | (54.0) | (35.6) | (15.8) | (35.3) | (21.3) | 15.1 | (5.0) | (0.4) | (0.0) | ||||||||||