Incyte Corporation (INCY)
NASDAQ: INCY · IEX Real-Time Price · USD
52.82
+0.10 (0.19%)
At close: Apr 18, 2024, 4:00 PM
52.85
+0.03 (0.06%)
Pre-market: Apr 19, 2024, 5:41 AM EDT
Incyte Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Incyte stock have an average target of 75.31, with a low estimate of 64 and a high estimate of 93. The average target predicts an increase of 42.58% from the current stock price of 52.82.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Incyte stock from 15 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 4 | 4 | 4 |
| Buy | 4 | 5 | 5 | 3 | 3 | 3 |
| Hold | 9 | 9 | 9 | 8 | 8 | 8 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 17 | 17 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Reiterates $65 | Hold | Reiterates | $65 | +23.06% | Mar 25, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $69 → $67 | Hold | Maintains | $69 → $67 | +26.85% | Mar 13, 2024 |
| Stifel | Stifel | Hold Reiterates $68 | Hold | Reiterates | $68 | +28.74% | Mar 12, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $65 | Hold | Reiterates | $65 | +23.06% | Mar 12, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $81 | Strong Buy | Initiates | $81 | +53.35% | Feb 23, 2024 |
Financial Forecast
Revenue This Year
4.23B
from 3.70B
Increased by 14.51%
Revenue Next Year
4.69B
from 4.23B
Increased by 10.73%
EPS This Year
4.64
from 2.65
Increased by 74.92%
EPS Next Year
5.50
from 4.64
Increased by 18.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.5B | 5.1B | 5.6B | 6.9B | 6.1B |
| Avg | 4.2B | 4.7B | 5.2B | 5.7B | 5.6B |
| Low | 3.9B | 4.1B | 4.5B | 4.7B | 4.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.4% | 19.7% | 20.2% | 32.0% | 7.3% |
| Avg | 14.5% | 10.7% | 10.9% | 9.2% | -2.0% |
| Low | 5.7% | -3.1% | -3.2% | -9.4% | -12.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.09 | 7.22 | 8.64 | 11.10 | 10.55 |
| Avg | 4.64 | 5.50 | 6.87 | 8.35 | 8.28 |
| Low | 3.52 | 3.54 | 5.29 | 5.88 | 5.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 129.8% | 55.8% | 57.2% | 61.7% | 26.3% |
| Avg | 74.9% | 18.6% | 24.9% | 21.7% | -0.8% |
| Low | 32.8% | -23.7% | -3.7% | -14.4% | -28.4% |
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.