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 $122.96. The average 1-year stock price forecast is 2.88% higher than the current stock price, while the lowest is $86 (-28.05%) and the highest is $150 (+25.50%).

Price Target: $122.96 (+2.88%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$86	$122.96	$120	$150
Change	-28.05%	+2.88%	+0.40%	+25.50%

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

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	10	9	9	9	9	9
Buy	2	2	2	2	2	2
Hold	12	13	13	15	14	14
Sell	0	1	1	1	0	0
Strong Sell	2	1	1	1	1	1
Total	26	26	26	28	26	26

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jessica Fye J.P. Morgan	J.P. Morgan	Hold Reiterates $110 → $120	Hold	Reiterates	$110 → $120	+0.40%	Jul 30, 2026
Srikripa Devarakonda Truist Financial	Truist Financial	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Jul 29, 2026
Salveen Richter Goldman Sachs	Goldman Sachs	Hold Maintains $110 → $118	Hold	Maintains	$110 → $118	-1.27%	Jul 29, 2026
Evan Seigerman BMO Capital	BMO Capital	Hold Maintains $112 → $130	Hold	Maintains	$112 → $130	+8.77%	Jul 29, 2026
Ashwani Verma UBS	UBS	Hold Maintains $113	Hold	Maintains	$113	-5.46%	Jul 29, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

5.94B

from 5.14B

15.59%

from 5.14B

Revenue Next Year

6.22B

from 5.94B

4.71%

from 5.94B

EPS This Year

3.52

from 6.80

-48.22%

from 6.80

EPS Next Year

8.79

from 3.52

149.57%

from 3.52

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.99B	3.39B	3.70B	4.24B	5.14B	5.94B
Revenue Growth	11.98%	13.68%	8.87%	14.76%	21.22%	15.59%
Operating Income	599.12M	594.39M	658.00M	84.45M	1.35B	862.63M
Net Income	948.58M	340.66M	597.60M	32.62M	1.29B	452.00M
EPS	-	-	-	-	6.80	3.52
EPS Growth	-	-	-	-	529.63%	-48.22%
Forward PE	21.62	27.02	14.83	12.06	12.69	33.94
Free Cash Flow	448.71M	772.53M	610.80M	615.55M	609.55M	498.90M
No. Analysts	-	-	-	-	-	17

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	6.0B
Avg	5.9B
Low	5.9B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	17.1%
Avg	15.6%
Low	14.7%

EPS Forecast

Chart

EPS	2026	2027	2028
High	4.42
Avg	3.52
Low	2.75

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	-35.0%
Avg	-48.2%
Low	-59.6%