Incyte Corporation (INCY)
NASDAQ: INCY · Real-Time Price · USD
65.13
+1.91 (3.02%)
Sep 26, 2024, 4:00 PM EDT - Market closed
Incyte Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Incyte stock have an average target of 72, with a low estimate of 48 and a high estimate of 92. The average target predicts an increase of 10.55% from the current stock price of 65.13.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Incyte stock from 18 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 5 | 5 | 4 |
| Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Hold | 9 | 10 | 10 | 10 | 10 | 11 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 17 | 17 | 18 | 18 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $83 → $74 | Strong Buy → Hold | Downgrades | $83 → $74 | +13.62% | Sep 18, 2024 |
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Sep 17, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $86 → $92 | Strong Buy | Maintains | $86 → $92 | +41.26% | Sep 16, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Sep 16, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $66 → $68 | Hold | Maintains | $66 → $68 | +4.41% | Sep 16, 2024 |
Financial Forecast
Revenue This Year
4.23B
from 3.70B
Increased by 14.43%
Revenue Next Year
4.65B
from 4.23B
Increased by 9.88%
EPS This Year
1.58
from 2.65
Decreased by -40.23%
EPS Next Year
6.11
from 1.58
Increased by 285.91%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.6B | 5.1B | 5.7B | ||
| Avg | 4.2B | 4.6B | 5.2B | ||
| Low | 4.0B | 4.2B | 4.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.1% | 20.1% | 23.4% | ||
| Avg | 14.4% | 9.9% | 11.3% | ||
| Low | 8.1% | -1.9% | -4.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.44 | 7.97 | 10.12 | ||
| Avg | 1.58 | 6.11 | 7.53 | ||
| Low | 1.08 | 4.17 | 5.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -8.1% | 403.1% | 65.6% | ||
| Avg | -40.2% | 285.9% | 23.2% | ||
| Low | -59.3% | 163.0% | -15.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.