Incyte Corporation (INCY)
NASDAQ: INCY · Real-Time Price · USD
65.24
+0.07 (0.11%)
Oct 24, 2024, 4:00 PM EDT - Market closed
Incyte Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Incyte stock have an average target of 71.65, with a low estimate of 48 and a high estimate of 92. The average target predicts an increase of 9.83% from the current stock price of 65.24.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Incyte stock from 20 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
---|---|---|---|---|---|---|
Strong Buy | 5 | 5 | 5 | 5 | 4 | 4 |
Buy | 2 | 2 | 2 | 2 | 2 | 3 |
Hold | 10 | 10 | 10 | 10 | 11 | 12 |
Sell | 0 | 0 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 17 | 17 | 18 | 18 | 18 | 20 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
JP Morgan | JP Morgan | Hold Maintains $61 → $65 | Hold | Maintains | $61 → $65 | -0.37% | Oct 23, 2024 |
Wells Fargo | Wells Fargo | Hold Maintains $63 → $62 | Hold | Maintains | $63 → $62 | -4.97% | Oct 10, 2024 |
Wolfe Research | Wolfe Research | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Oct 1, 2024 |
Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $83 → $74 | Strong Buy → Hold | Downgrades | $83 → $74 | +13.43% | Sep 18, 2024 |
JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Sep 17, 2024 |
Financial Forecast
Revenue This Year
4.23B
from 3.70B
Increased by 14.46%
Revenue Next Year
4.65B
from 4.23B
Increased by 9.91%
EPS This Year
1.58
from 2.65
Decreased by -40.23%
EPS Next Year
6.11
from 1.58
Increased by 285.91%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 4.6B | 5.1B | 5.7B | ||
Avg | 4.2B | 4.6B | 5.2B | ||
Low | 4.0B | 4.2B | 4.4B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 24.1% | 20.0% | 23.3% | ||
Avg | 14.5% | 9.9% | 11.3% | ||
Low | 8.1% | -1.9% | -4.8% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 2.44 | 7.97 | 10.12 | ||
Avg | 1.58 | 6.11 | 7.53 | ||
Low | 1.08 | 4.17 | 5.19 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -8.1% | 403.1% | 65.6% | ||
Avg | -40.2% | 285.9% | 23.2% | ||
Low | -59.3% | 163.0% | -15.0% |
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.