Incyte Corporation (INCY)

NASDAQ: INCY · Real-Time Price · USD
68.84
+1.78 (2.65%)
At close: Dec 20, 2024, 4:00 PM
68.82
-0.02 (-0.03%)
After-hours: Dec 20, 2024, 4:36 PM EST
2.65%
Market Cap 13.26B
Revenue (ttm) 4.08B
Net Income (ttm) 32.48M
Shares Out 192.65M
EPS (ttm) 0.15
PE Ratio 408.29
Forward PE 12.16
Dividend n/a
Ex-Dividend Date n/a
Volume 5,651,329
Open 66.89
Previous Close 67.06
Day's Range 66.89 - 69.11
52-Week Range 50.35 - 83.95
Beta 0.70
Analysts Buy
Price Target 75.44 (+9.59%)
Earnings Date Feb 11, 2025

About INCY

Incyte Corporation, a biopharmaceutical company, engages in the discovery, development, and commercialization of therapeutics for hematology/oncology, and inflammation and autoimmunity areas in the United States and internationally. The company offers JAKAFI (ruxolitinib) for treatment of intermediate or high-risk myelofibrosis, polycythemia vera, and steroid-refractory acute graft-versus-host disease; MONJUVI (tafasitamab-cxix)/MINJUVI (tafasitamab) for relapsed or refractory diffuse large B-cell lymphoma; PEMAZYRE (pemigatinib), a fibroblast ... [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 2023, Incyte's revenue was $3.70 billion, an increase of 8.87% compared to the previous year's $3.39 billion. Earnings were $597.60 million, an increase of 75.42%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for INCY stock is "Buy." The 12-month stock price forecast is $75.44, which is an increase of 9.59% from the latest price.

Price Target
$75.44
(9.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

4 days 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...

10 days 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.

14 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 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 ...

24 days 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.

25 days 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.

4 weeks 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.

4 weeks 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).

4 weeks 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.

4 weeks 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...

7 weeks 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.

7 weeks ago - Benzinga

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 November: Guggenheim's Inaugural Healthcare Inno...

7 weeks ago - Business Wire

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...

7 weeks ago - Seeking Alpha

Incyte Clocks Mixed Q3 Earnings, But Analyst Sees A Strong Quarter For Jakafi And Opzelura

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

7 weeks ago - Benzinga

Incyte raises 2024 sales forecast for top-selling drug Jakafi

Incyte beat Wall Street estimates for third-quarter revenue and raised annual sales forecast for its top-selling drug on Tuesday, as uptake among patients remained strong.

7 weeks ago - Reuters

Incyte Reports 2024 Third Quarter Financial Results and Provides Updates on Key Clinical Programs

WILMINGTON, Del.--(BUSINESS WIRE)---- $INCY--Incyte Reports 2024 Third Quarter Financial Results and Provides Updates on Key Clinical Programs.

7 weeks ago - Business Wire

Incyte Named One of Top 5 Companies on Science Magazine's 2024 Top Employers List

WILMINGTON, Del.--(BUSINESS WIRE)---- $INCY #SCTopEmployers--Incyte Named One of Top 5 Companies on Science Magazine's 2024 Top Employers List.

2 months ago - Business Wire

Incyte Furthers Commitment to People Living with Atopic Dermatitis by Sharing Additional Patient Experiences as part of its Moments of Clarity Program

WILMINGTON, Del.--(BUSINESS WIRE)---- $INCY--Incyte Furthers Commitment to People Living with Atopic Dermatitis by Sharing Additional Patient Experiences as part of its Moments of Clarity Program.

2 months ago - Business Wire

Incyte to Report Third Quarter Financial Results

WILMINGTON, Del.--(BUSINESS WIRE)--Incyte (Nasdaq:INCY) announced today that it has scheduled its third quarter financial results conference call and webcast for 8:00 a.m. ET on Tuesday, October 29, 2...

2 months ago - Business Wire

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

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

2 months ago - Business Wire

Multiple Late-Breaking Data Presentations from Incyte's Dermatology Portfolio will be Featured at the European Academy of Dermatology and Venereology (EADV) 2024 Congress

WILMINGTON, Del.--(BUSINESS WIRE)---- $INCY--Multiple Late-Breaking Data Presentations from Incyte's Dermatology Portfolio will be Featured at the EADV 2024 Congress.

3 months ago - Business Wire

Incyte and Syndax Announce New England Journal of Medicine Publication of Data from Pivotal AGAVE-201 Trial of Niktimvo™ (axatilimab-csfr) in Chronic Graft-Versus-Host Disease

– Trial met its primary endpoint across all dose cohorts with 74% of patients at the 0.3 mg/kg every 2 weeks dose achieving a complete or partial response within the first six months of treatment – – ...

Other symbols: SNDX
3 months ago - PRNewsWire

Incyte Downgraded - Analyst Notes Intense Competition, Particularly In Larger Markets

Truist Securities has downgraded Incyte Corporation INCY, noting Jakafi's (ruxolitinib) patent loss approaching in 2028.

3 months ago - Benzinga

Doğuş Technology and Doğuş Construction Participate in ConteQ Expo 2024 with Innovative Projects

DOHA, Qatar--(BUSINESS WIRE)--Doğuş Technology, one of Turkey's leading tech companies, will showcase its innovative, technology-driven solutions for the construction industry at ConteQ Expo 2024, alo...

3 months ago - Business Wire