Incyte Corporation (INCY)
NASDAQ: INCY · IEX Real-Time Price · USD
65.30
+1.30 (2.03%)
At close: Jul 17, 2024, 4:00 PM
65.31
+0.01 (0.02%)
After-hours: Jul 17, 2024, 6:08 PM EDT

Incyte Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Incyte stock have an average target of 71.14, with a low estimate of 48 and a high estimate of 84. The average target predicts an increase of 8.94% from the current stock price of 65.30.

Analyst Consensus: Buy
Target Low Average Median High
Price $48 $71.14 $77 $84
Change -26.49% +8.94% +17.92% +28.64%

Analyst Ratings

The average analyst rating for Incyte stock from 17 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 444555
Buy 333222
Hold 88910109
Sell 000001
Strong Sell 000000
Total 151516171717

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BMO Capital
BMO Capital
Sell
Downgrades
$52$48
Sell Downgrades $52$48 -26.49% Jul 2, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Hold
Reiterates
n/a
Hold Reiterates n/a n/a Jun 18, 2024
Deutsche Bank
Deutsche Bank
Hold
Initiates
$55
Hold Initiates $55 -15.77% May 23, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$88$80
Strong Buy Maintains $88$80 +22.51% May 1, 2024
Truist Securities
Truist Securities
Strong Buy
Reiterates
$84$83
Strong Buy Reiterates $84$83 +27.11% May 1, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
4.17B
from 3.70B
Increased by 12.84%
Revenue Next Year
4.62B
from 4.17B
Increased by 10.77%
EPS This Year
4.38
from 2.65
Increased by 65.43%
EPS Next Year
5.45
from 4.38
Increased by 24.38%
Year 2019202020212022202320242025202620272028
Revenue
2.16B2.67B2.99B3.39B3.70B4.17B4.62B5.09B5.52B5.72B
Revenue Growth
14.71%23.53%11.98%13.67%8.87%12.84%10.77%10.15%8.45%3.66%
EPS
2.05-1.364.271.522.654.385.456.587.398.01
EPS Growth
301.96%---64.40%74.34%65.43%24.38%20.65%12.34%8.43%
Forward PE
-----14.9011.989.938.848.15
No. Analysts -----2726221212
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 4.5B 5.0B 5.6B 6.4B 7.1B
Avg 4.2B 4.6B 5.1B 5.5B 5.7B
Low 3.8B 4.1B 4.4B 4.7B 4.5B

Revenue Growth

Revenue Growth 20242025202620272028
High
20.7%
20.5%
22.0%
26.2%
29.1%
Avg
12.8%
10.8%
10.2%
8.5%
3.7%
Low
2.7%
-1.7%
-4.7%
-8.3%
-18.0%

EPS Forecast

EPS 20242025202620272028
High 5.05 7.28 8.56 10.16 10.74
Avg 4.38 5.45 6.58 7.39 8.01
Low 3.75 4.36 4.90 5.34 5.78

EPS Growth

EPS Growth 20242025202620272028
High
90.6%
66.0%
56.9%
54.5%
45.4%
Avg
65.4%
24.4%
20.6%
12.3%
8.4%
Low
41.6%
-0.5%
-10.1%
-18.8%
-21.8%
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.