Incyte Corporation (INCY)
NASDAQ: INCY · Real-Time Price · USD
103.23
+2.59 (2.57%)
At close: Jun 9, 2026, 4:00 PM EDT
104.10
+0.87 (0.84%)
After-hours: Jun 9, 2026, 7:57 PM EDT

Incyte Stock Forecast

Stock Price Forecast

According to 27 analysts polled by S&P Global, Incyte stock has a consensus rating of "Buy" and an average price target of $108.61. The average 1-year stock price forecast is 5.21% higher than the current stock price, while the lowest is $71 (-31.22%) and the highest is $135 (+30.78%).

Price Target: $108.61 (+5.21%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$71$108.61$105$135
Change-31.22%+5.21%+1.71%+30.78%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy9109999
Buy222222
Hold121213131514
Sell001110
Strong Sell221112
Total252626262827

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$123
BuyMaintains$123+19.15%Jun 9, 2026
Truist Financial
Truist Financial
Hold
Maintains
n/a
HoldMaintainsn/an/aJun 9, 2026
Piper Sandler
Piper Sandler
Buy
Maintains
$110
BuyMaintains$110+6.56%Jun 9, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$103
HoldMaintains$103-0.22%Jun 9, 2026
UBS
UBS
Hold
Maintains
$94$103
HoldMaintains$94$103-0.22%Jun 9, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
5.62B
from 5.14B
Increased by 9.38%
Revenue Next Year
6.24B
from 5.62B
Increased by 10.98%
EPS This Year
7.43
from 6.80
Increased by 9.28%
EPS Next Year
9.11
from 7.43
Increased by 22.64%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
2.99B3.39B3.70B4.24B5.14B5.62B
Revenue Growth
11.98%13.68%8.87%14.76%21.22%9.38%
Gross Profit
1.34B1.59B1.81B1.32B2.72B5.19B
Gross Margin
44.87%46.95%49.00%31.20%52.89%92.21%
Operating Income
599.12M594.39M658.00M84.45M1.35B1.73B
Net Income
948.58M340.66M597.60M32.62M1.29B1.37B
EPS
----6.807.43
EPS Growth
----529.63%9.28%
Forward PE
21.6227.0214.8312.0612.6913.89
Free Cash Flow
448.71M772.53M610.80M615.55M609.55M1.45B
No. Analysts
-----23
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High5.8B
Avg5.6B
Low5.5B

Revenue Growth

Revenue Growth202620272028
High
13.2%
Avg
9.4%
Low
7.1%

EPS Forecast

EPS202620272028
High8.08
Avg7.43
Low1.93

EPS Growth

EPS Growth202620272028
High
18.8%
Avg
9.3%
Low
-71.6%