INCYINCYHealthcare · Biotechnology

INCY Stock Forecast: Incyte Corp. Price Predictions for 2026-2027

Last close, 29 Oct 2026
$117
−0.06% on the day

The 28 Wall Street analysts covering Incyte Corp. hold a median 12-month price target of $129 — +10.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 88 of 100 as at 28 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$23.5B
Ticker Nerd rank
88/ 100
Median analyst target
$129
Analysts covering
28
Revenue$1.7B+37.7% y/y
Operating income$700.4M
Net income$585.6M
Free cash flow$495.2M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−0.1%
1M
−5.2%
YTD
+18.3%
1Y
+29.5%
From 52W high
−10.1%
From 52W low
+29.5%
$90
$130
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

INCY stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Incyte Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 28 Oct 2026
88/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Volatility
100
Value
98
Quality
97
Growth
85
Momentum
82
Issuance
72
Accruals
46
Revisions
43
Size
9

Volatility (100): The share price has been relatively steady.

Revisions (43): Analysts have, on balance, been cutting their forecasts.

Size (9): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

INCY stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on INCY, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$80$100$120$140$160Jan 26Apr 26Jul 26Oct 26INCYHigh $157Median $129Low $86

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says28 analysts
12 Buy15 Hold1 Sell
Low $86Median $129High $157

The green dot is the last close — the median target sits +10.4% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 7 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
21 Oct 2026TD CowenMaintainsBuy$138 → $140
14 Oct 2026Truist SecuritiesMaintainsHold$105 → $115
13 Oct 2026HC Wainwright & Co.ReiteratesBuy$152
13 Oct 2026HC Wainwright & Co.ReiteratesBuy—
8 Oct 2026RBC CapitalMaintainsSector Perform$109 → $114
8 Oct 2026RBC CapitalMaintainsSector Perform—
5 Oct 2026StifelMaintainsBuy$145 → $157
5 Oct 2026StifelMaintainsBuy—
1 Oct 2026Wells FargoMaintainsEqual-Weight$116 → $128
1 Oct 2026Wells FargoMaintainsEqual-Weight—
28 Sept 2026HC Wainwright & Co.MaintainsBuy—
28 Sept 2026HC Wainwright & Co.MaintainsBuy$150 → $152
28 Sept 2026JP MorganMaintainsNeutral—
28 Sept 2026JP MorganMaintainsNeutral$120 → $123
22 Sept 2026RBC CapitalReiteratesSector Perform—
22 Sept 2026RBC CapitalReiteratesSector Perform$109
20 Aug 2026Canaccord GenuityInitiatesBuy$152
20 Aug 2026Canaccord GenuityInitiatesBuy—
20 Aug 2026HC Wainwright & Co.ReiteratesBuy$150
20 Aug 2026HC Wainwright & Co.ReiteratesBuy—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

INCY appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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Performance

INCY vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 29 Oct 2026, Incyte Corp. returned +29.5% against +13.1% for the S&P 500, dividends included.

INCY vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120130140150Jan 26Apr 26Jul 26Oct 26INCYS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

INCY analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+17.5%
Analysts raising
0
Analysts cutting
3
Fundamentals

Incyte Corp. (INCY) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
14.7×

Cheaper than 46% of US stocks

Price / sales
4.0×

Cheaper than 29% of US stocks

Price / book
3.7×

Cheaper than 26% of US stocks

EV / EBITDA
9.8×

Cheaper than 38% of US stocks

Growth & margins
Revenue growth (YoY)
37.7%

Higher than 82% of US stocks

Earnings growth (YoY)
44.6%

Higher than 73% of US stocks

Gross margin
93.7%

Higher than 98% of US stocks

Operating margin
41.9%

Higher than 93% of US stocks

Net margin
27.7%

Higher than 87% of US stocks

Returns & dividend
Return on equity
30.7%

Higher than 88% of US stocks

Return on assets
16.8%

Higher than 98% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Incyte Corp. (INCY) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Incyte Corp. has a market value of $23.5B and an enterprise value of $19.0B.

  • Revenue in the twelve months to 30 June 2026: $5.8B. The latest quarter grew 37.7% year on year.

  • Net income over the same four quarters: $1.6B, a 27.7% net margin.

  • Diluted earnings per share, trailing twelve months: $7.85.

  • Free cash flow in the twelve months to 30 June 2026: $1.9B, after $59.2M of capital spending.

  • Shares outstanding: 201.0M.

  • Trailing P/E: 14.7×; forward P/E: 13.4× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • Incyte Corp. employs 2,844 people — $2.0M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 29 Oct 2026

Data provided by Twelve Data

Peers

INCY vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelBiotechnology
CompanyMarket capTKN rank
INCYIncyte Corp.$23.5B88
INSMInsmed, Inc.$21.2B77
ROIVRoivant Sciences Ltd.$26.6B36
ALNYAlnylam Pharmaceuticals, Inc.$30.7B52
EXELExelixis, Inc.$17.2B98
ASNDAscendis Pharma A/S$15.3B86
HALOHalozyme Therapeutics, Inc.$14.8B98

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Incyte Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest INCY news & analysis

INCY Q3 Loss Narrower Than Expected, Sales Beat, FY'26 View Raised

Zacks Investment Research · 29 Oct 2026positive

Incyte reported Q3 2026 revenue above estimates, with strong product demand lifting sales 14%. The company also raised its 2026 guidance despite acquisition-driven losses, and its quarterly loss was narrower than expected.

Why it matters — The results highlight stronger-than-expected sales and an updated 2026 outlook, alongside acquisition-related losses.

Incyte Corporation (INCY) Q3 2026 Earnings Call Transcript

Seeking Alpha · 29 Oct 2026neutral

The item is a transcript of Incyte Corporation’s Q3 2026 earnings call; no further call details are provided in the supplied text.

Why it matters — The transcript is a source for INCY watchers seeking the company’s Q3 2026 earnings-call discussion, but the excerpt gives no specific results or topics.

What Incyte (INCY) Said on Its Q3 Earnings Call

MarketBeat · 29 Oct 2026positive

Incyte reported third-quarter revenue of $1.56 billion, up 14% year over year, with dermatology and hematology-oncology growth offsetting a more modest increase in Jakafi sales. It also raised its full-year sales outlook for OPZELURA, hematology and oncology products, and total net sales, and outlined progress in late-stage pipeline programs.

Why it matters — The results and updated sales outlook provide INCY watchers with information about product growth and the company’s pipeline progress.

Incyte (INCY) Reports Q3 Earnings: What Key Metrics Have to Say

Zacks Investment Research · 29 Oct 2026neutral

Incyte reported Q3 earnings for the quarter ended September 2026. The article says its revenue and EPS, along with selected key metrics, are considered against Wall Street estimates and year-ago figures.

Why it matters — These comparisons provide context for INCY watchers assessing the company’s quarterly performance.

Incyte (INCY) Reports Q3 Loss, Beats Revenue Estimates

Zacks Investment Research · 29 Oct 2026positive

Incyte reported a third-quarter loss of $3.60 per share, compared with the Zacks consensus estimate of a $3.99 loss. The result compares with earnings of $2.26 per share a year earlier.

Why it matters — The quarterly loss was smaller than the consensus estimate, while results were lower than a year ago.

FAQ

Frequently asked questions about INCY stock

What is the INCY stock price forecast for 2026-2027?

The 28 Wall Street analysts covering Incyte Corp. have a median 12-month price target of $129, with estimates ranging from $86 to $157. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is INCY stock a buy right now?

Of the 28 analysts covering Incyte Corp., 12 rate it a Buy, 15 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Incyte Corp. 88 out of 100 across roughly 4,600 US stocks as at 28 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank INCY?

As at 28 Oct 2026, Incyte Corp. ranks 88 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (100 of 100).

Will INCY stock go up?

No one can know that. What the data says: the median 12-month target from 28 analysts implies +10.4% from the last close, and Ticker Nerd's factor model ranks Incyte Corp. 88 out of 100 as at 28 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the INCY stock forecast for 2030?

No analyst covering Incyte Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for INCY are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $86 to $157 over the next 12 months.

How has INCY stock performed over the past year?

Incyte Corp. returned +29.5% over the 12 months to 29 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Incyte Corp. do?

Incyte Corp. is a biopharmaceutical company focused on the discovery, development, and commercialization of proprietary therapeutics.

What is the latest news on INCY?

The most recent item we track (Zacks Investment Research, 29 Oct 2026): "INCY Q3 Loss Narrower Than Expected, Sales Beat, FY'26 View Raised". Incyte reported Q3 2026 revenue above estimates, with strong product demand lifting sales 14%. The company also raised its 2026 guidance despite acquisition-driven losses, and its quarterly loss was narrower than expected.

Company

About Incyte Corp.

Incyte Corp. is a biopharmaceutical company focused on the discovery, development, and commercialization of proprietary therapeutics. The company’s current portfolio centers on hematology, oncology, and inflammation and autoimmunity, with products and programs aimed at treating cancers, blood disorders, and immune-mediated conditions. Incyte Corp. develops both small-molecule medicines and biologics, and its marketed therapies support patients with a range of specialty disease areas, including dermatology and rare hematologic disorders. The company also maintains a pipeline of clinical-stage candidates across its core therapeutic franchises, reflecting its role as a research-driven developer of targeted treatments. Headquartered in Wilmington, Delaware, Incyte Corp. serves healthcare markets in the United States and internationally through its commercial and development activities.

CEO Mr. William J. Meury · 2,844 employees · United States · https://www.incyte.com