Incyte Corporation (INCY)
NASDAQ: INCY · Real-Time Price · USD
80.58
-0.95 (-1.17%)
At close: Nov 12, 2024, 4:00 PM
80.89
+0.31 (0.38%)
After-hours: Nov 12, 2024, 4:15 PM EST
Incyte Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Incyte stock have an average target of 75.35, with a low estimate of 52 and a high estimate of 97. The average target predicts a decrease of -6.49% from the current stock price of 80.58.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Incyte stock from 20 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 4 | 5 |
| Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Hold | 10 | 10 | 10 | 10 | 11 | 11 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 18 | 18 | 18 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $62 → $68 | Hold | Maintains | $62 → $68 | -15.61% | Oct 30, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $92 → $97 | Strong Buy | Maintains | $92 → $97 | +20.38% | Oct 30, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $64 → $69 | Hold | Maintains | $64 → $69 | -14.37% | Oct 30, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $63 → $70 | Hold | Maintains | $63 → $70 | -13.13% | Oct 30, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $67 → $72 | Hold | Maintains | $67 → $72 | -10.65% | Oct 30, 2024 |
Financial Forecast
Revenue This Year
4.29B
from 3.70B
Increased by 16.03%
Revenue Next Year
4.73B
from 4.29B
Increased by 10.35%
EPS This Year
1.33
from 2.65
Decreased by -49.74%
EPS Next Year
6.26
from 1.33
Increased by 370.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.5B | 5.1B | 5.8B | ||
| Avg | 4.3B | 4.7B | 5.2B | ||
| Low | 4.0B | 4.2B | 4.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.0% | 19.9% | 23.6% | ||
| Avg | 16.0% | 10.4% | 10.8% | ||
| Low | 9.2% | -1.5% | -1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.73 | 8.27 | 9.96 | ||
| Avg | 1.33 | 6.26 | 7.90 | ||
| Low | 0.94 | 4.95 | 6.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -34.6% | 521.2% | 59.1% | ||
| Avg | -49.7% | 370.2% | 26.1% | ||
| Low | -64.5% | 271.6% | 0.9% |
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.