INCYINCYHealthcare · Biotechnology

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

Last close, 8 Oct 2026
$113
−0.61% on the day

The 28 Wall Street analysts covering Incyte Corp. hold a median 12-month price target of $129 — +14.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 89 of 100 as at 8 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$22.9B
Ticker Nerd rank
89 / 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
−3.7%
1M
−9.4%
YTD
+14.2%
1Y
+32.1%
From 52W high
−13.2%
From 52W low
+34.5%
$84
$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 8 Oct 2026
89 / 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
86
Momentum
79
Issuance
72
Accruals
46
Revisions
44
Size
9

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

Revisions (44): 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 quant trader with fourteen 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 +14.4% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 8 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
5 Oct 2026StifelMaintainsBuy$145 → $157
1 Oct 2026Wells FargoMaintainsEqual-Weight$116 → $128
28 Sept 2026HC Wainwright & Co.MaintainsBuy$150 → $152
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—
20 Aug 2026HC Wainwright & Co.ReiteratesBuy$150
17 Aug 2026Piper SandlerMaintainsOverweight—
17 Aug 2026Piper SandlerMaintainsOverweight$110 → $130
4 Aug 2026MizuhoMaintainsOutperform—
4 Aug 2026MizuhoMaintainsOutperform$121 → $137
3 Aug 2026HC Wainwright & Co.ReiteratesBuy$150
3 Aug 2026HC Wainwright & Co.ReiteratesBuy—
3 Aug 2026Leerink PartnersMaintainsOutperform$131 → $155
3 Aug 2026Leerink PartnersMaintainsOutperform—
29 July 2026BarclaysMaintainsOverweight—
29 July 2026BarclaysMaintainsOverweight$134 → $139

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.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. INCY appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

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 8 Oct 2026, Incyte Corp. returned +32.1% against +16.2% for the S&P 500, dividends included.

INCY vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120130140150160Jan 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
−56.4%
Analysts raising
0
Analysts cutting
11
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
14.4×

Cheaper than 47% of US stocks

Price / sales
3.9×

Cheaper than 31% of US stocks

Price / book
3.6×

Cheaper than 27% of US stocks

EV / EBITDA
9.4×

Cheaper than 39% 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 $22.9B and an enterprise value of $18.4B.

  • 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: 14.4×; forward P/E: 12.9× — 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 8 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.$22.9B
89
INSMInsmed, Inc.$21.9B
81
ROIVRoivant Sciences Ltd.$24.5B
35
ALNYAlnylam Pharmaceuticals, Inc.$29.7B
51
RPRXRoyalty Pharma plc$32.4B
87
EXELExelixis, Inc.$15.3B
99
JAZZJazz Pharmaceuticals Plc$14.0B
99

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

Incyte to Report Third Quarter Financial Results

Business Wire · 8 Oct 2026neutral

Incyte announced that it will report its third-quarter 2026 financial results.

Why it matters — The announcement signals an upcoming update on Incyte’s financial results for investors following INCY.

Knight Therapeutics Announces Regulatory Approval of NIKTIMVO® in Brazil

GlobeNewsWire · 6 Oct 2026neutral

Knight Therapeutics announced expedited ANVISA approval in Brazil for NIKTIMVO® (axatilimab) to treat chronic graft-versus-host disease in eligible adult and pediatric patients after at least two prior systemic therapies.

Why it matters — The approval concerns a treatment for chronic graft-versus-host disease, a relevant therapeutic area for Incyte watchers.

INCY or TECH: Which Is the Better Value Stock Right Now?

Zacks Investment Research · 30 Sept 2026neutral

Zacks Investment Research published a piece comparing Incyte (INCY) and Techne (TECH) to assess which of the two Medical - Biomedical and Genetics stocks is more attractive to value investors. The article poses the question of which stock is the better value pick.

Why it matters — INCY watchers would care because this comparative value analysis frames how the company is positioned against a peer within the biomedical and genetics sector.

MIRM Secures FDA Nod for an Ultra-Rare Bone Disorder Therapy

Zacks Investment Research · 28 Sept 2026neutral

Mirum Pharmaceuticals has received FDA approval for Atebrioz, a treatment for the ultra-rare bone disorder fibrodysplasia ossificans progressiva (FOP), based on PROGRESS data showing a reduction in new heterotopic ossification lesion volume.

Why it matters — INCY watchers may monitor this competitive development in the ultra-rare disease space as a reference point for peers and market dynamics in rare-disease therapies.

MiniMed appoints Sheila Denton as General Counsel & Corporate Secretary

PRNewsWire · 28 Sept 2026neutral

MiniMed announced that Sheila Denton has been appointed General Counsel & Corporate Secretary. The company, a diabetes-technology leader trading on Nasdaq, made the announcement on Sept. 28, 2026.

Why it matters — The appointment is an internal corporate governance matter at MiniMed with no direct bearing on Incyte Corp., so INCY watchers would find it immaterial to their holdings.

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. 89 out of 100 across roughly 4,600 US stocks as at 8 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank INCY?

As at 8 Oct 2026, Incyte Corp. ranks 89 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 +14.4% from the last close, and Ticker Nerd's factor model ranks Incyte Corp. 89 out of 100 as at 8 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 +32.1% over the 12 months to 8 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 (Business Wire, 8 Oct 2026): "Incyte to Report Third Quarter Financial Results". Incyte announced that it will report its third-quarter 2026 financial results.

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