INCY · Incyte Corporation
Healthcare NMS United States incyte.com ↗
BULLISH BUY
Val Gro Qua Mom Sta Cap P/S4.43 P/E Fwd P/E14.20 PEG12.21 52W –  RSI Target$115.48 (-9.1%) Beta0.76 Div
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RSI (14)
Pattern Overlays
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Biotechnology Wilmington, United States 2,844 employees
Incyte Corporation, a biopharmaceutical company, engages in the discovery, development, and commercialization of therapeutics in the United States, Europe, Canada, and Japan. The company offers JAKAFI for the treatment of myelofibrosis (MF), polycythemia vera, and steroid-refractory acute graft-versus-host disease; ICLUSIG, a kinase inhibitor to treat chronic myeloid leukemia and Philadelphia-chromosome positive acute lymphoblastic leukemia; MONJUVI/ MINJUVI for the treatment of diffuse large B-cell lymphoma and Follicular Lymphoma; NIKTIMVO for the treatment of chronic graft-versus-host disease. It also provides INCA033989 for the treatment of essential thrombocythemia and MF; INCA035784 for the treatment of anti-mutant calreticulin and myeloproliferative neoplasms (MPNs); INCB160058 for the treatment of MPNs; PEMAZYRE, a selective fibroblast growth factor receptor kinase inhibitor for the treatment of unresectable biliary tract cancer, metastatic cholangiocarcinoma, and myeloid/lymphoid neoplasms; ZYNYZ to treat adults with metastatic or recurrent locally advanced Merkel cell carcinoma. The company's clinical stage products include INCB123667 for ovarian cancer; INCB161734 for solid tumors; INCA33890 for cancers; Ruxolitinib cream for atopic dermatitis, hidradenitis suppurativa (HS), and prurigo nodularis; Povorcitinib for HS, nonsegmental vitiligo, prurigo nodularis, and asthma; and INCB00928 for the treatment of fibrodysplasia ossificans progressive. It has collaboration and license agreement with Novartis, Lilly, and Syndax. The company sells its products to specialty and retail pharmacies, hospital pharmacies, and distributors. The company was formerly known as Incyte Genomics Inc and changed its name to Incyte Corporation in March 2003. Incyte Corporation was incorporated in 1991 and is headquartered in Wilmington, Delaware.
52-Week Range
52W Low 52W High
Position in Range
RSI (14)
0 · Oversold RSI 69 Overbought · 100
Signal Neutral
EMA Price Levels
Volume Analysis
Momentum Dashboard
Trend Strength
Detected Patterns
3Bullish
1Bearish
0Neutral
▲ Double Bottom — Two lows ~$93.44 — bullish reversal confirmed
▲ Inv. Head & Shoulders — Inv. H&S neckline ~$104.59 broken — major bullish reversal
▲ Bull Flag — Breakout after +19% pole — bullish continuation
▼ Double Top — Two peaks ~$102.94 — bearish reversal confirmed

View overlays on the price chart via Chart tab → Pattern Overlays.

Next Earnings Oct 27, 2026
Beat Rate 62%
Consensus BUY
Analyst Upside -9.1%
EPS — History & Forecast
Estimate Beat Miss Forecast
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Revenue — History & Forecast
Revenue Forecast
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EPS Beat Rate
62% 5/8 quarters
Wall Street Consensus
BUY
11
13
1
BuyHoldSell
Price Target Range
$115.48 -9.1% upside
Low $71 High $140
Consensus Current price
Wall Street Analyst Ratings
FirmRatingChangeActionDate
RBC Capital Sector Perform ↔ Maintain 2026-07-29
Guggenheim Buy ↔ Maintain 2026-07-29
BMO Capital Market Perform ↔ Maintain 2026-07-29
Barclays Overweight ↔ Maintain 2026-07-29
HC Wainwright & Co. Buy ↔ Maintain 2026-07-29
JP Morgan Neutral ↔ Maintain 2026-07-23
Morgan Stanley Equal-Weight ↔ Maintain 2026-07-23
UBS Neutral ↔ Maintain 2026-06-26
Truist Securities Hold ↔ Maintain 2026-06-22
Bernstein Market Perform ● Initiate 2026-05-22
Oppenheimer Perform ↔ Maintain 2026-04-29
Stifel Buy ↔ Maintain 2026-04-29
Jefferies Hold Buy Hold ▼ Downgrade 2026-03-16
Evercore ISI Group In-Line ↔ Maintain 2026-03-05
Wells Fargo Equal-Weight ↔ Maintain 2026-02-11
Piper Sandler Overweight ↔ Maintain 2026-02-06
TD Cowen Buy ↔ Maintain 2026-01-13
Mizuho Outperform Neutral Outperform ▲ Upgrade 2025-12-08
RBC Capital 2026-07-29
Sector Perform ↔ Maintain
Guggenheim 2026-07-29
Buy ↔ Maintain
BMO Capital 2026-07-29
Market Perform ↔ Maintain
Barclays 2026-07-29
Overweight ↔ Maintain
HC Wainwright & Co. 2026-07-29
Buy ↔ Maintain
JP Morgan 2026-07-23
Neutral ↔ Maintain
Morgan Stanley 2026-07-23
Equal-Weight ↔ Maintain
UBS 2026-06-26
Neutral ↔ Maintain
Truist Securities 2026-06-22
Hold ↔ Maintain
Bernstein 2026-05-22
Market Perform ● Initiate
Oppenheimer 2026-04-29
Perform ↔ Maintain
Stifel 2026-04-29
Buy ↔ Maintain
Jefferies 2026-03-16
Hold (from Buy) ▼ Downgrade
Evercore ISI Group 2026-03-05
In-Line ↔ Maintain
Wells Fargo 2026-02-11
Equal-Weight ↔ Maintain
Piper Sandler 2026-02-06
Overweight ↔ Maintain
TD Cowen 2026-01-13
Buy ↔ Maintain
Mizuho 2025-12-08
Outperform (from Neutral) ▲ Upgrade
Profitability
Gross Margin 55.62%TTM
Op. Margin 41.84%TTM
ROE 30.67%TTM
Rev. Growth 37.70%YoY
Free Cash Flow N/ATTM
FCF Yield TTM
Balance Sheet
Debt / Equity 0.52MRQ
Current Ratio 4.64MRQ
Cash 4.54BMRQ
Total Debt 32.68MMRQ
Net Debt MRQ
How INCY Makes Its Money
Cash Flow Breakdown
Quarterly Metrics
QuarterRevenueRev YoYGross Profit Op. IncomeNet IncomeNet YoY Gross %Op %Net %
Full Key Statistics
Valuation
Market Cap25.76B
Enterprise Value20.96B
Trailing P/E17.95
Forward P/E14.20
PEG Ratio (5yr)12.21
Price/Sales (ttm)4.43
Price/Book (mrq)4.88
EV/Revenue3.60
EV/EBITDA10.82
Share Statistics
Avg Vol (3m)1.80M
Shares Outstanding202.70M
Float167.98M
% Held by Insiders1.88%
% Held by Institutions106.69%
Short Ratio5.32
Short % of Float9.06%
Profitability
Gross Margin55.62%
Operating Margin (ttm)41.84%
Profit Margin27.71%
Return on Assets (ttm)16.81%
Return on Equity (ttm)30.67%
Income Statement
Revenue (ttm)5.82B
Revenue Growth (yoy)37.70%
Gross Profit (ttm)3.24B
EBITDA1.94B
Net Income (ttm)1.61B
Diluted EPS (ttm)7.08
EPS Growth (yoy)37.70%
Balance Sheet
Total Cash (mrq)4.54B
Total Debt (mrq)32.68M
Debt / Equity (mrq)0.52
Current Ratio (mrq)4.64
Book Value / Share26.04
Operating CF (ttm)N/A
Free Cash Flow (ttm)N/A
Trading & Dividends
Beta (5Y)0.76
50-Day MA107.46
200-Day MA100.68
Fwd Dividend YieldN/A
Payout Ratio0.00%
Ownership Breakdown
Institutional 106.69% Insider 1.88%
Short Interest 9.06% of float
High
Institutional 13F Holdings

Famous investors who disclosed a position in INCY in their latest SEC 13F filing.

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Insider Transactions
DateInsiderRoleTransactionSharesValue
2026-07-16 STEIN STEVEN H. Officer Sale at price 114.73 per share. 1,877 $215,348
2026-07-16 ISSA MOHAMED KHAIRIE Officer Sale at price 115.01 per share. 1,093 $125,706
2026-07-16 HOFFMAN RICHARD A General Counsel Stock Award(Grant) at price 0.00 per share. 7,395
2026-07-16 TRAY THOMAS R Officer Stock Award(Grant) at price 0.00 per share. 2,834
2026-07-16 ISSA MOHAMED KHAIRIE Officer Stock Award(Grant) at price 0.00 per share. 7,857
2026-07-16 MAYES PATRICK A Officer Stock Award(Grant) at price 0.00 per share. 5,916
2026-07-16 BASI RAMITPAL K Officer Stock Award(Grant) at price 0.00 per share. 4,991
2026-07-16 GARDNER DAVID H Officer Stock Award(Grant) at price 0.00 per share. 7,395
2026-07-16 STEIN STEVEN H. Officer Stock Award(Grant) at price 0.00 per share. 9,798
2026-07-16 CAGNONI PABLO J President Stock Award(Grant) at price 0.00 per share. 13,403
2026-07-16 MEURY WILLIAM Chief Executive Officer Stock Award(Grant) at price 0.00 per share. 26,807
2026-07-15 STEIN STEVEN H. Officer Sale at price 113.05 per share. 28,237 $3,192,193
2026-06-30 BAKER BROS ADVISORS L.P. Beneficial Owner of more than 10% of a Class of Security Stock Award(Grant) at price 0.00 per share. 800
2026-06-30 HARRIGAN EDMUND P. M.D. Director Stock Award(Grant) at price 113.36 per share. 255 $28,907
2026-06-30 CLANCY PAUL J. Director Stock Award(Grant) at price 113.36 per share. 252 $28,567
2026-06-08 BAKER BROS ADVISORS L.P. Beneficial Owner of more than 10% of a Class of Security Stock Award(Grant) at price 0.00 per share. 3,284
2026-06-08 BIENAIME JEAN-JACQUES Director Stock Award(Grant) at price 0.00 per share. 1,642
2026-06-08 BRAWLEY OTIS W Director Stock Award(Grant) at price 0.00 per share. 1,642
2026-06-08 FOUSE JACQUALYN A. Director Stock Award(Grant) at price 0.00 per share. 1,642
2026-06-08 HIGH KATHERINE A Director Stock Award(Grant) at price 0.00 per share. 1,642
2026-06-08 HARRIGAN EDMUND P. M.D. Director Stock Award(Grant) at price 0.00 per share. 1,642
2026-06-08 CLANCY PAUL J. Director Stock Award(Grant) at price 0.00 per share. 1,642
2026-06-04 TRAY THOMAS R Officer Conversion of Exercise of derivative security at price 83.83 per share. 2,639 $221,227
2026-06-04 TRAY THOMAS R Officer Sale at price 100.00 per share. 2,639 $263,900
2026-05-26 BIENAIME JEAN-JACQUES Director Conversion of Exercise of derivative security at price 84.53 per share. 15,000 $1,267,950
STEIN STEVEN H. Officer
Sale at price 114.73 per share.
2026-07-16 1,877 sh $215,348
ISSA MOHAMED KHAIRIE Officer
Sale at price 115.01 per share.
2026-07-16 1,093 sh $125,706
HOFFMAN RICHARD A General Counsel
Stock Award(Grant) at price 0.00 per share.
2026-07-16 7,395 sh
TRAY THOMAS R Officer
Stock Award(Grant) at price 0.00 per share.
2026-07-16 2,834 sh
ISSA MOHAMED KHAIRIE Officer
Stock Award(Grant) at price 0.00 per share.
2026-07-16 7,857 sh
MAYES PATRICK A Officer
Stock Award(Grant) at price 0.00 per share.
2026-07-16 5,916 sh
BASI RAMITPAL K Officer
Stock Award(Grant) at price 0.00 per share.
2026-07-16 4,991 sh
GARDNER DAVID H Officer
Stock Award(Grant) at price 0.00 per share.
2026-07-16 7,395 sh
STEIN STEVEN H. Officer
Stock Award(Grant) at price 0.00 per share.
2026-07-16 9,798 sh
CAGNONI PABLO J President
Stock Award(Grant) at price 0.00 per share.
2026-07-16 13,403 sh
MEURY WILLIAM Chief Executive Officer
Stock Award(Grant) at price 0.00 per share.
2026-07-16 26,807 sh
STEIN STEVEN H. Officer
Sale at price 113.05 per share.
2026-07-15 28,237 sh $3,192,193
BAKER BROS ADVISORS L.P. Beneficial Owner of more than 10% of a Class of Security
Stock Award(Grant) at price 0.00 per share.
2026-06-30 800 sh
HARRIGAN EDMUND P. M.D. Director
Stock Award(Grant) at price 113.36 per share.
2026-06-30 255 sh $28,907
CLANCY PAUL J. Director
Stock Award(Grant) at price 113.36 per share.
2026-06-30 252 sh $28,567
BAKER BROS ADVISORS L.P. Beneficial Owner of more than 10% of a Class of Security
Stock Award(Grant) at price 0.00 per share.
2026-06-08 3,284 sh
BIENAIME JEAN-JACQUES Director
Stock Award(Grant) at price 0.00 per share.
2026-06-08 1,642 sh
BRAWLEY OTIS W Director
Stock Award(Grant) at price 0.00 per share.
2026-06-08 1,642 sh
FOUSE JACQUALYN A. Director
Stock Award(Grant) at price 0.00 per share.
2026-06-08 1,642 sh
HIGH KATHERINE A Director
Stock Award(Grant) at price 0.00 per share.
2026-06-08 1,642 sh
HARRIGAN EDMUND P. M.D. Director
Stock Award(Grant) at price 0.00 per share.
2026-06-08 1,642 sh
CLANCY PAUL J. Director
Stock Award(Grant) at price 0.00 per share.
2026-06-08 1,642 sh
TRAY THOMAS R Officer
Conversion of Exercise of derivative security at price 83.83 per share.
2026-06-04 2,639 sh $221,227
TRAY THOMAS R Officer
Sale at price 100.00 per share.
2026-06-04 2,639 sh $263,900
BIENAIME JEAN-JACQUES Director
Conversion of Exercise of derivative security at price 84.53 per share.
2026-05-26 15,000 sh $1,267,950