Incyte Corporation (INCY)

Incyte Stock Forecast

Stock Price Forecast

The 16 analysts that cover Incyte stock have a consensus rating of "Buy" and an average price target of $89.19, which forecasts a -14.40% decrease in the stock price over the next year. The lowest target is $60 and the highest is $125.

Price Target: $89.19 (-14.40%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$60	$89.19	$93	$125
Change	-42.42%	-14.40%	-10.75%	+19.96%

Analyst Ratings

The average analyst rating for Incyte stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	3	3	3	3	3	4
Buy	2	2	4	4	4	4
Hold	14	14	12	12	12	10
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	20	20	20	20	20	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Allison Bratzel Piper Sandler	Piper Sandler	Buy Maintains $82 → $102	Buy	Maintains	$82 → $102	-2.11%	Nov 4, 2025
Michael Schmidt Guggenheim	Guggenheim	Hold → Strong Buy Upgrades $125	Hold → Strong Buy	Upgrades	$125	+19.96%	Nov 3, 2025
Brian Abrahams RBC Capital	RBC Capital	Hold Maintains $81 → $84	Hold	Maintains	$81 → $84	-19.39%	Oct 29, 2025
Srikripa Devarakonda Truist Securities	Truist Securities	Hold Reiterates $79 → $93	Hold	Reiterates	$79 → $93	-10.75%	Oct 29, 2025
Derek Archila Wells Fargo	Wells Fargo	Buy Maintains $89 → $97	Buy	Maintains	$89 → $97	-6.91%	Oct 29, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

5.06B

Increased by 19.33%

from 4.24B

Revenue Next Year

5.59B

Increased by 10.47%

from 5.06B

EPS This Year

6.97

Increased by 4,543.72%

from 0.15

EPS Next Year

7.92

Increased by 13.72%

from 6.97

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.67B	2.99B	3.39B	3.70B	4.24B	5.06B	5.59B
Revenue Growth	23.53%	11.98%	13.68%	8.87%	14.76%	19.33%	10.47%
EPS	-1.36	4.27	1.52	2.65	0.15	6.97	7.92
EPS Growth	-	-	-64.40%	74.34%	-94.34%	4,543.72%	13.72%
Forward PE	-	-	-	-	-	14.96	13.15
No. Analysts	-	-	-	-	-	30	29

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	5.3B	6.1B
Avg	5.1B	5.6B
Low	4.7B	5.0B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	25.3%	20.7%
Avg	19.3%	10.5%
Low	11.0%	-0.7%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	7.82	9.80
Avg	6.97	7.92
Low	5.91	6.20

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	5,115.0%	40.6%
Avg	4,543.7%	13.7%
Low	3,839.6%	-11.0%

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.