Incyte Corporation (INCY)

NASDAQ: INCY · Real-Time Price · USD
72.11
+0.73 (1.02%)
Feb 21, 2025, 4:00 PM EST - Market closed
1.02%
Market Cap 13.96B
Revenue (ttm) 4.24B
Net Income (ttm) 32.62M
Shares Out 193.52M
EPS (ttm) 0.15
PE Ratio 427.87
Forward PE 12.56
Dividend n/a
Ex-Dividend Date n/a
Volume 1,287,509
Open 71.66
Previous Close 71.38
Day's Range 71.50 - 72.97
52-Week Range 50.35 - 83.95
Beta 0.70
Analysts Buy
Price Target 74.76 (+3.68%)
Earnings Date Feb 10, 2025

About INCY

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 (ruxolitinib) for the treatment of intermediate or high-risk myelofibrosis, polycythemia vera, and steroid-refractory acute graft-versus-host disease; MONJUVI (tafasitamab-cxix)/MINJUVI (tafasitamab) for treating relapsed or refractory diffuse large B-cell lymphoma; PEMAZYRE (pemigatinib), a selective fibroblast growth factor receptor kinase inhib... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Nov 4, 1993
Employees 2,524
Stock Exchange NASDAQ
Ticker Symbol INCY
Full Company Profile

Financial Performance

In 2024, Incyte's revenue was $4.24 billion, an increase of 14.76% compared to the previous year's $3.70 billion. Earnings were $32.62 million, a decrease of -94.54%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for INCY stock is "Buy." The 12-month stock price forecast is $74.76, which is an increase of 3.68% from the latest price.

Price Target
$74.76
(3.68% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Incyte and Genesis Therapeutics Announce Strategic AI-focused Research Collaboration

WILMINGTON, Del. & BURLINGAME, Calif.--(BUSINESS WIRE)--Incyte and Genesis Therapeutics announce strategic AI-focused research collaboration.

1 day ago - Business Wire

Incyte to Present at Upcoming Investor Conferences

WILMINGTON, Del.--(BUSINESS WIRE)--Incyte (Nasdaq:INCY) announced today that it will present at the following investor conferences during the month of March: Cowen 45th Annual Health Care Conference o...

3 days ago - Business Wire

Reevaluating Incyte Corporation After Earnings (Technical Analysis)

Incyte's recent earnings call disappointed the market, causing a 10.52% drop, but management's bullish comments and no debt position suggest a promising future. Technically, INCY is currently below it...

9 days ago - Seeking Alpha

Incyte: Q4 Earnings Outlines Multiple Drug Launches In 2025

Incyte's Q4 2024 earnings showed mixed results with slight revenue beat but missed non-GAAP earnings estimates.  The stock has declined due to 2025 guidance coming below expectations. Despite slowing ...

10 days ago - Seeking Alpha

Incyte Corporation (INCY) Q4 2024 Earnings Call Transcript

Incyte Corporation (NASDAQ:INCY) Q4 2025 Earnings Conference Call February 10, 2025 8:00 AM ET Company Participants Ben Strain - Associate Vice President, Investor Relations Herve Hoppenot - Chief Ex...

11 days ago - Seeking Alpha

Incyte reports quarterly sales above estimates on strong demand for key drugs

Drugmaker Incyte Corp reported fourth-quarter revenue above Wall Street estimates on Monday, boosted by strong demand for its key blood-cancer drug Jakafi and skin-disorder treatment Opzelura.

11 days ago - Reuters

Incyte Reports 2024 Fourth Quarter and Year-End Financial Results, Provides 2025 Financial Guidance and Highlights 2025 R&D Milestones

WILMINGTON, Del.--(BUSINESS WIRE)---- $INCY--Incyte Reports 2024 Fourth Quarter and Year-End Financial Results, Provides 2025 Financial Guidance and Highlights 2025 R&D Milestones.

11 days ago - Business Wire

Incyte Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

WILMINGTON, Del.--(BUSINESS WIRE)--Incyte Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4).

14 days ago - Business Wire

Incyte to Report Fourth Quarter and Year-End 2024 Financial Results

WILMINGTON, Del.--(BUSINESS WIRE)--Incyte (Nasdaq:INCY) announced today that it has scheduled its fourth quarter and year-end 2024 financial results conference call and webcast for 8:00 a.m. ET on Mon...

4 weeks ago - Business Wire

Incyte and Syndax Announce U.S. Food and Drug Administration (FDA) Approval of Niktimvo™ (axatilimab-csfr) 9 mg and 22 mg Vial Sizes

– U.S. launch expected in early February – – Niktimvo is the first and only approved treatment for chronic GVHD that targets CSF-1R to reduce the drivers of inflammation and fibrosis – – Pivotal data ...

Other symbols: SNDX
5 weeks ago - PRNewsWire

Top 5 Cancer Pharma Stocks With Strong Risk/Reward In 2025

This article will provide an in-depth analysis of drugs being developed to combat cancer. Big Pharma is keenly interested in the global cancer therapeutics market, which is expected to exceed $400 bil...

5 weeks ago - Seeking Alpha

Incyte Highlights Commercial Growth, Clinical Progress and 2025 Milestones at the 43rd Annual J.P. Morgan Healthcare Conference

WILMINGTON, Del.--(BUSINESS WIRE)---- $INCY--Incyte Highlights Commercial Growth, Clinical Progress and 2025 Milestones at the 43rd Annual J.P. Morgan Healthcare Conference.

5 weeks ago - Business Wire

Incyte: Multiple Drug Launches Bode Well For Future Growth

Incyte's robust growth, led by JAKAFI and OPZELURA, is set to increase with new product launches of MONJUVI, ZYNZY, and NIKTIMVO in 2025. Analysts expect Incyte's revenues to grow by ~10% annually unt...

5 weeks ago - Seeking Alpha

Incyte to Present at Upcoming Investor Conference

WILMINGTON, Del.--(BUSINESS WIRE)--Incyte (Nasdaq: INCY) announced today that it will present at the 43rd Annual J. P. Morgan Healthcare Conference on Monday, January 13, 2025 at 10:30 am (PST). The p...

2 months ago - Business Wire

Incyte Late-Breaking Tafasitamab (Monjuvi®) Data at ASH 2024 Demonstrate Significantly Improved Progression-Free Survival in Patients with Relapsed or Refractory Follicular Lymphoma

WILMINGTON, Del.--(BUSINESS WIRE)---- $INCY #ASH24--Late-Breaking Tafasitamab (Monjuvi®) Data Demonstrate Significantly Improved Progression-Free Survival in Relapsed or Refractory Follicular Lymphoma...

2 months ago - Business Wire

Incyte Announces Positive Results from Phase 3 Trial Evaluating Retifanlimab (Zynyz®) in Combination with Platinum-Based Chemotherapy in Patients with Non-Small Cell Lung Cancer

WILMINGTON, Del.--(BUSINESS WIRE)---- $INCY--Incyte Announces Positive Results from Phase 3 Trial Evaluating Retifanlimab (Zynyz) in Combination with Platinum-Based Chemotherapy in NSCLC.

2 months ago - Business Wire

Incyte Announces Updated Presentation Time for Upcoming Investor Conference

WILMINGTON, Del.--(BUSINESS WIRE)--Incyte (Nasdaq:INCY) announced today that it will now present at Citi's 2024 Global Healthcare Conference on Tuesday, December 3, 2024 at 8:00 a.m. The presentation ...

3 months ago - Business Wire

Incyte to Spotlight New Data, Including a Late Breaking Oral Presentation for Tafasitamab in Follicular Lymphoma, at the 2024 ASH Annual Meeting

WILMINGTON, Del.--(BUSINESS WIRE)---- $INCY #ASH24--Incyte to Spotlight New Data, Including a Late Breaking Oral Presentation for Tafasitamab in Follicular Lymphoma, at the 2024 ASH Annual Meeting.

3 months ago - Business Wire

Incyte Stock Slumps After Firm Scraps Drug, Pauses Enrollment in Other Study

Incyte (INCY) led S&P 500 decliners Tuesday afternoon after the pharmaceutical firm said it will stop developing one drug and pause enrollment in the study of another.

3 months ago - Investopedia

Incyte Is the S&P 500's Worst Performer Today. What's Hitting the Stock.

The biopharmaceutical company provided disappointing updates on two research studies.

3 months ago - Barrons

Incyte's $750 Million Escient Deal Faces Setback With Toxicology Issues In Two Investigational Drugs, Analyst Flags Challenges

On Monday, Incyte Corporation INCY announced that it will pause enrollment in the ongoing Phase 2 study of MRGPRX2 (INCB000262) in chronic spontaneous urticaria (CSU).

3 months ago - Benzinga

Incyte Provides Update on Early Phase MRGPRX2 and MRGPRX4 Programs

WILMINGTON, Del.--(BUSINESS WIRE)--Incyte Provides Update on Early Phase MRGPRX2 and MRGPRX4 Programs.

3 months ago - Business Wire

Incyte: Q3 Earnings Ramping Up Growth To Jump The Patent Cliff

Incyte reported strong Q3 revenue growth, mainly driven by Jakafi and Opzelura, with a 24% increase year-over-year. New product approvals, like Niktimvo, should diversify Incyte's revenue and reduce r...

4 months ago - Seeking Alpha

Incyte's Jakafi Demand Is Strong, Analyst Upgrades Stock

On Tuesday, Incyte Corporation  INCY reported third-quarter revenue of $1.14 billion, up 24% year over year, beating the consensus of $1.08 billion.

4 months ago - Benzinga

Incyte Corporation (INCY) Q3 2024 Earnings Call Transcript

Incyte Corporation (NASDAQ:INCY) Q3 2024 Results Conference Call October 29, 2024 8:00 AM ET Company Participants Ben Strain - Associate Vice President, Investor Relations Herve Hoppenot - Chief Exec...

4 months ago - Seeking Alpha