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Incyte Corporation (INCY)

126.75 -1.25 (-0.98%)
At close: September 4 at 4:00:01 PM EDT
128.00 +1.25 (+0.99%)
After hours: September 4 at 7:46:58 PM EDT
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58m ago
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Incyte (INCY) has gained significant attention ahead of new data presentations for its KRAS G12D inhibitor, showing a 30.11% return over the last 90 days. The company reported strong Q2 earnings, raising its guidance for 2026, but faces competition risks and valuation debates.

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  • Previous Close 128.00
  • Open 126.46
  • Bid 126.56 x 100
  • Ask 137.13 x 200
  • Day's Range 126.04 - 128.04
  • 52 Week Range 81.09 - 132.60
  • Volume 1,036,073
  • Avg. Volume 1,786,025
  • Market Cap (intraday) 25.692B
  • Beta (5Y Monthly) 0.77
  • PE Ratio (TTM) 16.15
  • EPS (TTM) 7.85
  • Earnings Date (est.) Oct 27, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 127.12

Incyte Corporation, a biopharmaceutical company, engages in the discovery, development, and commercialization of therapeutics in the United States, Europe, Canada, and Japan. The company offers JAKAFI for the treatment of myelofibrosis (MF), polycythemia vera, and steroid-refractory acute graft-versus-host disease; ICLUSIG, a kinase inhibitor to treat chronic myeloid leukemia and Philadelphia-chromosome positive acute lymphoblastic leukemia; MONJUVI/ MINJUVI for the treatment of diffuse large B-cell lymphoma and Follicular Lymphoma; NIKTIMVO for the treatment of chronic graft-versus-host disease. It also provides INCA033989 for the treatment of essential thrombocythemia and MF; INCA035784 for the treatment of anti-mutant calreticulin and myeloproliferative neoplasms (MPNs); INCB160058 for the treatment of MPNs; PEMAZYRE, a selective fibroblast growth factor receptor kinase inhibitor for the treatment of unresectable biliary tract cancer, metastatic cholangiocarcinoma, and myeloid/lymphoid neoplasms; ZYNYZ to treat adults with metastatic or recurrent locally advanced Merkel cell carcinoma. The company's clinical stage products include INCB123667 for ovarian cancer; INCB161734 for solid tumors; INCA33890 for cancers; Ruxolitinib cream for atopic dermatitis, hidradenitis suppurativa (HS), and prurigo nodularis; Povorcitinib for HS, nonsegmental vitiligo, prurigo nodularis, and asthma; and INCB00928 for the treatment of fibrodysplasia ossificans progressive. It has collaboration and license agreement with Novartis, Lilly, and Syndax. The company sells its products to specialty and retail pharmacies, hospital pharmacies, and distributors. The company was formerly known as Incyte Genomics Inc and changed its name to Incyte Corporation in March 2003. Incyte Corporation was incorporated in 1991 and is headquartered in Wilmington, Delaware.

www.incyte.com

2,844

Full Time Employees

December 31

Fiscal Year Ends

Healthcare

Sector

Biotechnology

Industry

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

INCY
28.33%
S&P 500 (^GSPC)
12.75%

1-Year Return

INCY
48.35%
S&P 500 (^GSPC)
18.71%

3-Year Return

INCY
95.93%
S&P 500 (^GSPC)
70.93%

5-Year Return

INCY
66.58%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 1.67B
Earnings 585.61M
Profit Margin 34.98%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
500M
1B
2B
20.0%
25.0%
30.0%

Analyst Insights

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Analyst Price Targets

86.00 Low
127.12 Average
126.75 Current
155.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/20/2026
Analyst Canaccord Genuity
Rating Action Initiated
Rating Buy
Price Action Announces
Price Target 152

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    27.71%

  • Return on Assets (ttm)

    16.83%

  • Return on Equity (ttm)

    30.67%

  • Revenue (ttm)

    5.82B

  • Net Income Avi to Common (ttm)

    1.61B

  • Diluted EPS (ttm)

    7.85

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    4.54B

  • Total Debt/Equity (mrq)

    0.60%

  • Levered Free Cash Flow (ttm)

    1.18B

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