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Incyte Corporation (INCY)

121.89 +2.24 (+1.87%)
At close: November 9 at 4:00:01 PM EST
121.89 0.00 (0.00%)
After hours: November 9 at 4:07:00 PM EST
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What's happening with INCY?

55m ago
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Incyte’s Q3 2026 results showed 14% year-over-year revenue growth, led by Opzelura and newer hematology products. Management raised several 2026 sales targets, while a $1.23 billion acquisition-related research chargesharply increased reported expenses. The company is expanding its pipeline across hematology, dermatology, gastrointestinal oncology, and bleeding disorders.

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  • Previous Close 119.65
  • Open 120.98
  • Bid 108.85 x 200
  • Ask 128.28 x 200
  • Day's Range 118.27 - 122.07
  • 52 Week Range 89.25 - 132.60
  • Volume 1,154,643
  • Avg. Volume 1,604,134
  • Market Cap (intraday) 24.845B
  • Beta (5Y Monthly) 0.78
  • PE Ratio (TTM) 62.19
  • EPS (TTM) 1.96
  • Earnings Date Oct 29, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 131.50
  • Morningstar Rating Rating available with Stock Picks access

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. Incyte Corporation has a clinical trial collaboration with Genmab A/S to evaluate petosemtamab. 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 11/9/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

INCY
23.41%
S&P 500 (^GSPC)
10.29%

1-Year Return

INCY
15.01%
S&P 500 (^GSPC)
12.20%

3-Year Return

INCY
132.08%
S&P 500 (^GSPC)
73.67%

5-Year Return

INCY
83.21%
S&P 500 (^GSPC)
61.14%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 1.56B
Earnings -784.8M
Profit Margin -50.40%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

-500M
0
500M
1B
2B
-40.0%
-20.0%
0.0%
20.0%

Analyst Insights

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Analyst Price Targets

100.00 Low
131.50 Average
121.89 Current
157.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 11/5/2026
Analyst Leerink Partners
Rating Action Maintains
Rating Outperform
Price Action Lowers
Price Target 154 -> 150

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    6.71%

  • Return on Assets (ttm)

    17.78%

  • Return on Equity (ttm)

    7.84%

  • Revenue (ttm)

    6.01B

  • Net Income Avi to Common (ttm)

    403.41M

  • Diluted EPS (ttm)

    1.96

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    3.85B

  • Total Debt/Equity (mrq)

    0.66%

  • Levered Free Cash Flow (ttm)

    1.29B

Company Insights

Research Reports

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