Summit Redstone Partners
Summit Redstone Partners is an independent US technology equity research boutique with no trading or investment banking business; its analysts now publish as Summit Insights Group of Summit, New Jersey, covering semiconductors, enterprise software and IT hardware.
Company history
Redstone Technology Research, founded in Berkeley Heights, New Jersey, in 2015, began operating as Summit Redstone Partners on 1 July 2016, when analysts Srini Nandury and Jonathan Kees joined from Summit Research; Jagadish Iyer and Nandury co-managed the firm. Nandury and semiconductor analyst KinNgai Chan now publish as Summit Insights Group, based in Summit, New Jersey.
- 2015Redstone Technology Research founded in Berkeley Heights, New Jersey
- 2016Began operating as Summit Redstone Partners
Research
The firm's analysts pair sell-side experience with earlier careers in the technology industry and cover semiconductors and semiconductor equipment, enterprise and security software, and IT hardware and storage. Coverage is led by semiconductor analyst KinNgai Chan and IT hardware and software analyst Srini Nandury. Stocks are rated Buy, Hold or Sell according to expected performance relative to the broader market over the next 12 months.
Coverage12M
- Stocks
- 8
- Ratings
- 0
- Price targets
- 11
- Median upside
- +19.9%
- Upgrades
- 0
- Downgrades
- 0
- Initiations
- 0
- Reiterations
- 0
- Targets raised
- 2
- Targets cut
- 3
Sectors
Listing
Activity24M
Most covered24M
Analysts24M
- Yigal NochomovitzSMMT2
- Kelsey GoodwinSMMT1
- Jeffrey WalchSMMT1
- Alex MarkgraffHOOD1
- Etzer DaroutSMMT1
- Suji DesilvaCRDO1
Recent actions
| Stock | Rating action | Target | Date |
|---|---|---|---|
 Summit Therapeutics Inc.SMMT | Target | $11.90 →$25 | Sep 9 |
| Summit Therapeutics Inc.SMMT | Target | $18 →$11.90 | Aug 25 |
 Summit Midstream Corp.SMC | Target | $47 →$39 | Aug 3 |
| WDWorkday, Inc.WDAY | Target | $275 | May 27 |
 Inspire Medical Systems, Inc.INSP | Target | $39 | May 22 |
 Adobe Inc.ADBE | Target | $410 →$350 | Apr 17 |
| Summit Midstream Corp.SMC | Target | $47 | Dec 18, 2025 |
| Summit Therapeutics Inc.SMMT | Target | $13 →$18 | Dec 17, 2025 |
 Summit Hotel Properties, Inc.INN | Target | $4.50 | Nov 4, 2025 |
 Marvell Technology, Inc.MRVL | Target | $105 | Oct 15, 2025 |
 Burke & Herbert Financial Services Corp.BHRB | Target | $71 | Oct 9, 2025 |
| Summit Therapeutics Inc.SMMT | Target | $21 →$13 | Sep 16, 2025 |
Similar coverage12M
References
- Announcing Name Change - Redstone Technology Research is Now Summit Redstone Partners - PR.compr.com
- Summit Insights Group - Aboutsummitinsightsgroup.com
- Summit Insights Group - Legal and stock ratingssummitinsightsgroup.com
- Summit Insights Group - Teamsummitinsightsgroup.com
- Summit Insights Group - LinkedInlinkedin.com
- Analyst: Nvidia, Western Digital Only Buys In Semi Space - Yahoo Finance (2017)finance.yahoo.com