Summit Therapeutics Stock Sinks as Firm Reports Widening Loss [Yahoo! Finance]
Summit Therapeutics Inc. (SMMT)
Last summit therapeutics inc. earnings: 6/12 07:00 am
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summitplc.com/investors/investor-centre
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Source: Yahoo! Finance
Summit Therapeutics shares dropped 14% Monday as it reported a fourth-quarter adjusted loss nearly double that of the previous year. The firm also said it will team with Pfizer to test its cancer drug with treatments from Pfizer. Pfizer will run the trials, which are expected to start in the middle of the year. Shares of Summit Therapeutics ( SMMT ) sank 14% Monday as the biopharma firm's fourth-quarter adjusted net loss nearly doubled from the previous year. The news offset the company's announcement that it had signed a clinical trial collaboration with Pfizer ( PFE ) to evaluate the effectiveness of its cancer drug, ivonescimab, in combination with Pfizer medicines. Summit reported a non-GAAP net loss of $50.2 million, or $0.07 per share, wider than a loss of $27.9 million, or $0.04 per share, a year ago. Along with its financial report, Summit explained the partnership with Pfizer will explore how ivonescimab and various Pfizer antibody drug conjugants (ADCs) treat so
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SMMT
News
- Summit Therapeutics (NASDAQ:SMMT) was upgraded by analysts at Barclays PLC from an "underweight" rating to an "equal weight" rating. They now have a $18.00 price target on the stock.MarketBeat
- Summit Therapeutics (NASDAQ:SMMT) was given a new $18.00 price target on by analysts at Summit Redstone.MarketBeat
- Citi Asserts Buy Rating on Summit Therapeutics Inc. (SMMT) on Pipeline Development [Yahoo! Finance]Yahoo! Finance
- Summit Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)Business Wire
- Summit Therapeutics Inc. (SMMT) Presents at Evercore 8th Annual Healthcare Conference Transcript [Seeking Alpha]Seeking Alpha
SMMT
Earnings
- 10/20/25 - Beat
SMMT
Sec Filings
- 11/7/25 - Form 8-K
- 10/29/25 - Form S-3ASR
- 10/23/25 - Form 4
- SMMT's page on the SEC website