Incyte Corporation (INCY)

US — Healthcare Sector
Peers: UTHR  GMAB  RPRX  DGX  ZBH  WST  WAT  BIIB  ILMN  THC 

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Key Metrics & Ratings

  • symbol INCY
  • Rev/Share 24.5981
  • Book/Share 23.7706
  • PB 4.5868
  • Debt/Equity 0.0089
  • CurrentRatio 3.1938
  • ROIC 0.2074

 

  • MktCap 21405064308.0
  • FreeCF/Share 6.1177
  • PFCF 17.8816
  • PE 17.949
  • Debt/Assets 0.0065
  • DivYield 0
  • ROE 0.2983

 

  • Rating A
  • Score 4
  • Recommendation Buy
  • P/E Score 3
  • DCF Score 4
  • P/B Score 2
  • D/E Score 4

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation INCY H.C. Wainwright -- Buy -- $135 Feb. 5, 2026
Downgrade INCY Wells Fargo Overweight Equal Weight -- $107 Jan. 20, 2026
Upgrade INCY Mizuho Neutral Outperform -- $121 Dec. 8, 2025
Upgrade INCY Guggenheim Neutral Buy -- $125 Nov. 3, 2025
Downgrade INCY Oppenheimer Outperform Perform -- -- Oct. 8, 2025
Upgrade INCY Wells Fargo Equal Weight Overweight -- $89 Aug. 6, 2025
Initiation INCY Barclays -- Overweight -- $90 Aug. 1, 2025
Upgrade INCY Stifel Hold Buy -- $107 June 16, 2025
Downgrade INCY Guggenheim Buy Neutral -- -- March 18, 2025
Downgrade INCY William Blair Outperform Market Perform -- -- March 18, 2025

News

Incyte Corporation (INCY) Q4 2025 Earnings Call Transcript
INCY
Published: February 10, 2026 by: Seeking Alpha
Sentiment: Neutral

Incyte Corporation (INCY) Q4 2025 Earnings Call Transcript

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image for news Incyte Corporation (INCY) Q4 2025 Earnings Call Transcript
INCY Q4 Earnings Miss Estimates, Revenues Beat on Higher Product Sales
INCY
Published: February 10, 2026 by: Zacks Investment Research
Sentiment: Neutral

Incyte posts a Q4 EPS miss but a 28% revenue jump, fueled by Jakafi and Opzelura strength, as product sales top estimates.

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image for news INCY Q4 Earnings Miss Estimates, Revenues Beat on Higher Product Sales
Incyte (INCY) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
INCY
Published: February 10, 2026 by: Zacks Investment Research
Sentiment: Neutral

While the top- and bottom-line numbers for Incyte (INCY) give a sense of how the business performed in the quarter ended December 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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image for news Incyte (INCY) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Incyte (INCY) Q4 Earnings Lag Estimates
INCY
Published: February 10, 2026 by: Zacks Investment Research
Sentiment: Negative

Incyte (INCY) came out with quarterly earnings of $1.8 per share, missing the Zacks Consensus Estimate of $1.94 per share. This compares to earnings of $1.43 per share a year ago.

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image for news Incyte (INCY) Q4 Earnings Lag Estimates
Will These 5 Drug Bigwigs Surpass Q4 Earnings Forecasts?
AZN, GILD, INCY, MRNA, VRTX
Published: February 09, 2026 by: Zacks Investment Research
Sentiment: Positive

Let's look at five pharma and biotech companies, AZN, INCY, GILD, VRTX and MRNA, which are scheduled to release their fourth-quarter 2025 results this week.

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image for news Will These 5 Drug Bigwigs Surpass Q4 Earnings Forecasts?
Here's Why Incyte (INCY) is a Strong Value Stock
INCY
Published: February 09, 2026 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

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image for news Here's Why Incyte (INCY) is a Strong Value Stock
Incyte Gears Up to Report Q4 Earnings: Is a Beat in the Cards?
INCY
Published: February 06, 2026 by: Zacks Investment Research
Sentiment: Positive

INCY heads into Q4 earnings with strong Jakafi sales, rising royalties and multiple new launches contributing to revenues, setting the stage for a potential upside surprise.

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image for news Incyte Gears Up to Report Q4 Earnings: Is a Beat in the Cards?
Unveiling Incyte (INCY) Q4 Outlook: Wall Street Estimates for Key Metrics
INCY
Published: February 05, 2026 by: Zacks Investment Research
Sentiment: Positive

Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Incyte (INCY), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2025.

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image for news Unveiling Incyte (INCY) Q4 Outlook: Wall Street Estimates for Key Metrics
Why Investors Need to Take Advantage of These 2 Medical Stocks Now
INCY, VRTX
Published: February 04, 2026 by: Zacks Investment Research
Sentiment: Positive

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

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image for news Why Investors Need to Take Advantage of These 2 Medical Stocks Now
Incyte (INCY) Reports Next Week: Wall Street Expects Earnings Growth
INCY
Published: February 03, 2026 by: Zacks Investment Research
Sentiment: Positive

Incyte (INCY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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image for news Incyte (INCY) Reports Next Week: Wall Street Expects Earnings Growth
These 2 Medical Stocks Could Beat Earnings: Why They Should Be on Your Radar
INCY, INSP
Published: February 03, 2026 by: Zacks Investment Research
Sentiment: Positive

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

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image for news These 2 Medical Stocks Could Beat Earnings: Why They Should Be on Your Radar
Incyte Announces Positive CHMP Opinion for Zynyz® (retifanlimab) for First-Line Treatment of Advanced Squamous Cell Carcinoma of the Anal Canal (SCAC)
INCY
Published: January 30, 2026 by: Business Wire
Sentiment: Neutral

MORGES, Switzerland--(BUSINESS WIRE)---- $INCY--Positive CHMP Opinion for Zynyz® (retifanlimab) for First-Line Treatment of Advanced Squamous Cell Carcinoma of the Anal Canal (SCAC).

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image for news Incyte Announces Positive CHMP Opinion for Zynyz® (retifanlimab) for First-Line Treatment of Advanced Squamous Cell Carcinoma of the Anal Canal (SCAC)
Here's Why Incyte (INCY) is a Strong Momentum Stock
INCY
Published: January 26, 2026 by: Zacks Investment Research
Sentiment: Positive

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

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image for news Here's Why Incyte (INCY) is a Strong Momentum Stock
Why Incyte (INCY) is a Top Value Stock for the Long-Term
INCY
Published: January 23, 2026 by: Zacks Investment Research
Sentiment: Positive

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

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image for news Why Incyte (INCY) is a Top Value Stock for the Long-Term
Incyte: Buy For The Turnaround, Stay For The Pipeline
INCY
Published: January 16, 2026 by: Seeking Alpha
Sentiment: Positive

Incyte Corporation earns a Strong Buy rating, with recent execution driving a 56% stock rally and robust revenue growth. Jakafi sales rose 6.7% YoY in Q3 2025, defying terminal decline fears, while ex-Jakafi business surged 45% YoY. Management projects ex-Jakafi revenues to triple by 2030, with pipeline catalysts and Jakafi XR mitigating the 2028 patent cliff.

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image for news Incyte: Buy For The Turnaround, Stay For The Pipeline
Steven Cress' Top 10 Stocks For 2026
ABX, ALL, AMD, ATI, B, CIEN, CLS, COHR, INCY, MU, WLDN
Published: January 15, 2026 by: Seeking Alpha
Sentiment: Positive

Micron Technology (MU) leads Steven Cress' Top 10 Stocks for 2026, driven by sector-leading growth, profitability, and a compelling valuation despite a 254% 1-year return. AI remains a central investment theme, with hyperscalers like MU, AMD, and CIEN benefiting from robust CapEx, strong forward EPS growth, and discounted PEG ratios.

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image for news Steven Cress' Top 10 Stocks For 2026
These 2 Medical Stocks Could Beat Earnings: Why They Should Be on Your Radar
AMGN, INCY
Published: January 13, 2026 by: Zacks Investment Research
Sentiment: Positive

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

Read More
image for news These 2 Medical Stocks Could Beat Earnings: Why They Should Be on Your Radar
Incyte Corporation (INCY) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript
INCY
Published: January 12, 2026 by: Seeking Alpha
Sentiment: Neutral

Incyte Corporation (INCY) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript

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image for news Incyte Corporation (INCY) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript
Will Incyte (INCY) Beat Estimates Again in Its Next Earnings Report?
INCY
Published: January 12, 2026 by: Zacks Investment Research
Sentiment: Positive

Incyte (INCY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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image for news Will Incyte (INCY) Beat Estimates Again in Its Next Earnings Report?
Why Investors Need to Take Advantage of These 2 Medical Stocks Now
INCY, JNJ
Published: January 07, 2026 by: Zacks Investment Research
Sentiment: Positive

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

Read More
image for news Why Investors Need to Take Advantage of These 2 Medical Stocks Now
Incyte: Maintaining Buy Rating As Hem/Oncology Portfolio Adds 2 Recent Wins
INCY
Published: January 06, 2026 by: Seeking Alpha
Sentiment: Positive

Incyte Corporation remains a Buy, driven by robust Hem/Oncology portfolio growth and key Monjuvi/Minjuvi expansion catalysts. INCY's Hem/Onc portfolio revenues surged 107% YoY in Q3 2025, fueled by Monjuvi/Minjuvi and Niktimvo performance. Positive phase 3 frontMIND data for Monjuvi enables a 1st-line DLBCL sBLA filing in H1 2026, expanding addressable market.

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image for news Incyte: Maintaining Buy Rating As Hem/Oncology Portfolio Adds 2 Recent Wins
INCY's Phase III Monjuvi Study Meets Key Goals in First-Line Lymphoma
INCY
Published: January 06, 2026 by: Zacks Investment Research
Sentiment: Neutral

Incyte's phase III study of Monjuvi combo for first-line DLBCL treatment met primary and key secondary goals, paving the way for a 2026 FDA filing.

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image for news INCY's Phase III Monjuvi Study Meets Key Goals in First-Line Lymphoma
Incyte Study Shows Lymphoma Drug Combo Slows Aggressive Blood Cancer
INCY
Published: January 05, 2026 by: Benzinga
Sentiment: Positive

Incyte Corporation (NASDAQ: INCY) on Monday shared topline results from the pivotal Phase 3 frontMIND trial of tafasitamab (Monjuvi/Minjuvi) combo as a first-line treatment for adults with newly diagnosed diffuse large B-cell lymphoma (DLBCL).

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image for news Incyte Study Shows Lymphoma Drug Combo Slows Aggressive Blood Cancer
Incyte (INCY) Soars 5.5%: Is Further Upside Left in the Stock?
INCY
Published: December 22, 2025 by: Zacks Investment Research
Sentiment: Positive

Incyte (INCY) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

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image for news Incyte (INCY) Soars 5.5%: Is Further Upside Left in the Stock?
Incyte Japan Announces Approval of Minjuvi® (tafasitamab) in Combination with Rituximab and Lenalidomide for the Treatment of Relapsed or Refractory Follicular Lymphoma
INCY
Published: December 22, 2025 by: Business Wire
Sentiment: Neutral

TOKYO--(BUSINESS WIRE)---- $INCY--Incyte Japan Announces Approval of Minjuvi® (tafasitamab) in Combination with Rituximab and Lenalidomide for Relapsed/Refractory Follicular Lymphoma.

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image for news Incyte Japan Announces Approval of Minjuvi® (tafasitamab) in Combination with Rituximab and Lenalidomide for the Treatment of Relapsed or Refractory Follicular Lymphoma
Incyte Japan Announces Approval of Zynyz® (retifanlimab) for the First-Line Treatment of Advanced Anal Cancer
INCY
Published: December 22, 2025 by: Business Wire
Sentiment: Neutral

TOKYO--(BUSINESS WIRE)---- $INCY--Incyte Japan Announces Approval of Zynyz® (retifanlimab) for the First-Line Treatment of Advanced Anal Cancer.

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image for news Incyte Japan Announces Approval of Zynyz® (retifanlimab) for the First-Line Treatment of Advanced Anal Cancer
EC Approves Label Expansion of INCY's Lymphoma Drug Minjuvi
INCY
Published: December 18, 2025 by: Zacks Investment Research
Sentiment: Positive

INCY wins EC approval expanding Minjuvi's label, adding a new indication for relapsed or refractory follicular lymphoma after prior therapy.

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image for news EC Approves Label Expansion of INCY's Lymphoma Drug Minjuvi
Incyte Announces European Commission Approval of Minjuvi® (tafasitamab) for the Treatment of Relapsed or Refractory Follicular Lymphoma
INCY
Published: December 17, 2025 by: Business Wire
Sentiment: Neutral

WILMINGTON, Del.--(BUSINESS WIRE)---- $INCY--Incyte Announces European Commission Approval of Minjuvi® (tafasitamab) for the Treatment of Relapsed or Refractory Follicular Lymphoma.

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image for news Incyte Announces European Commission Approval of Minjuvi® (tafasitamab) for the Treatment of Relapsed or Refractory Follicular Lymphoma
Here's Why Incyte (INCY) is a Strong Value Stock
INCY
Published: December 11, 2025 by: Zacks Investment Research
Sentiment: Positive

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Read More
image for news Here's Why Incyte (INCY) is a Strong Value Stock
Calls of the Day: Netflix, Thermo Fisher, Incyte and Shake Shack
INCY, NFLX, SHAK, TMO
Published: December 09, 2025 by: CNBC Television
Sentiment: Neutral

The Investment Committee debate the latest Calls of the Day.

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image for news Calls of the Day: Netflix, Thermo Fisher, Incyte and Shake Shack

About Incyte Corporation (INCY)

  • IPO Date 1993-11-04
  • Website https://www.incyte.com
  • Industry Biotechnology
  • CEO William Meury
  • Employees 2617

Incyte Corporation, a biopharmaceutical company, focuses on the discovery, development, and commercialization of proprietary therapeutics in the United States and internationally. The company offers JAKAFI, a drug for the treatment of myelofibrosis and polycythemia vera; PEMAZYRE, a fibroblast growth factor receptor kinase inhibitor that act as oncogenic drivers in various liquid and solid tumor types; and ICLUSIG, a kinase inhibitor to treat chronic myeloid leukemia and philadelphia-chromosome positive acute lymphoblastic leukemia. Its clinical stage products include ruxolitinib, a steroid-refractory chronic graft-versus-host-diseases (GVHD); itacitinib, which is in Phase II/III clinical trial to treat naive chronic GVHD; and pemigatinib for treating bladder cancer, cholangiocarcinoma, myeloproliferative syndrome, and tumor agnostic. In addition, the company engages in developing Parsaclisib, which is in Phase II clinical trial for follicular lymphoma, marginal zone lymphoma, and mantel cell lymphoma. Additionally, it develops Retifanlimab that is in Phase II clinical trials for MSI-high endometrial cancer, merkel cell carcinoma, and anal cancer, as well as in Phase II clinical trials for patients with non-small cell lung cancer. It has collaboration agreements with Novartis International Pharmaceutical Ltd.; Eli Lilly and Company; Agenus Inc.; Calithera Biosciences, Inc; MacroGenics, Inc.; Merus N.V.; Syros Pharmaceuticals, Inc.; Innovent Biologics, Inc.; Zai Lab Limited; Cellenkos, Inc.; and Nimble Therapeutics, as well as clinical collaborations with MorphoSys AG and Xencor, Inc. to investigate the combination of tafasitamab, plamotamab, and lenalidomide in patients with relapsed or refractory diffuse large B-cell lymphoma, and relapsed or refractory follicular lymphoma. The company was incorporated in 1991 and is headquartered in Wilmington, Delaware.