Incyte Corporation (INCY)
NASDAQ: INCY · Real-Time Price · USD
92.24
-3.35 (-3.50%)
Jun 2, 2026, 4:00 PM EDT - Market closed

Incyte Stock Forecast

Stock Price Forecast

According to 28 analysts polled by S&P Global, Incyte stock has a consensus rating of "Buy" and an average price target of $107.96. The average 1-year stock price forecast is 17.04% higher than the current stock price, while the lowest is $71 (-23.03%) and the highest is $135 (+46.36%).

Price Target: $107.96 (+17.04%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$71$107.96$104$135
Change-23.03%+17.04%+12.75%+46.36%

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

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy10910999
Buy222222
Hold111212131315
Sell000111
Strong Sell222111
Total252526262628

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
Bernstein
No rating
Bernstein
Hold
Initiates
$99
HoldInitiates$99+7.33%May 21, 2026
H.C. Wainwright
H.C. Wainwright
Buy
Reiterates
$135
BuyReiterates$135+46.36%May 21, 2026
Unknown Analyst
J.P. Morgan
No rating
J.P. Morgan
Hold
Maintains
$105
HoldMaintains$105+13.83%May 20, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
$124
BuyMaintains$124+34.43%May 14, 2026
Wells Fargo
Wells Fargo
Hold
Maintains
$101
HoldMaintains$101+9.50%May 13, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
5.62B
from 5.14B
Increased by 9.39%
Revenue Next Year
6.24B
from 5.62B
Increased by 10.99%
EPS This Year
6.56
from 6.41
Increased by 2.41%
EPS Next Year
7.65
from 6.56
Increased by 16.51%
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%9.39%
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
599.12M594.39M658.00M84.45M1.35B1.85B
Net Income
948.58M340.66M597.60M32.62M1.29B1.37B
EPS
4.271.522.650.156.416.56
EPS Growth
--64.40%74.34%-94.34%4,173.33%2.41%
Forward PE
21.6227.0214.8312.0612.6914.05
Free Cash Flow
448.71M772.53M610.80M615.55M609.55M1.45B
No. Analysts
-----23

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
High7.84
Avg6.56
Low5.59

EPS Growth

EPS Growth202620272028
High
22.3%
Avg
2.4%
Low
-12.8%
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.