Incyte - INCY Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Incyte in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" INCY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in INCY, but not buy additional shares or sell existing shares.
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11 brokers have issued 1-year target prices for Incyte's stock. Their INCY share price forecasts range from $63.00 to $108.00. On average, they expect the company's share price to reach $84.92 in the next twelve months. This suggests a possible upside of 27.5% from the stock's current price.
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Incyte's stock was trading at $73.40 on January 1st, 2022. Since then, INCY stock has decreased by 9.3% and is now trading at $66.61.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our INCY earnings forecast.

Incyte Co. (NASDAQ:INCY) announced its quarterly earnings data on Tuesday, August, 2nd. The biopharmaceutical company reported $0.85 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.61 by $0.24. The biopharmaceutical company earned $911.40 million during the quarter, compared to the consensus estimate of $818.25 million. Incyte had a net margin of 28.46% and a trailing twelve-month return on equity of 13.02%. The business's revenue was up 29.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.65 EPS.
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22 employees have rated Incyte Chief Executive Officer Hervé Hoppenot on Glassdoor.com. Hervé Hoppenot has an approval rating of 80% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Incyte investors own include Puma Biotechnology (PBYI), BioMarin Pharmaceutical (BMRN), (MDVN) (MDVN), First Solar (FSLR), United Airlines (UAL), Dynavax Technologies (DVAX), Micron Technology (MU), (KITE) (KITE), Freeport-McMoRan (FCX) and NVIDIA (NVDA).

Incyte trades on the NASDAQ under the ticker symbol "INCY."

Shares of INCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of INCY stock can currently be purchased for approximately $66.61.

Incyte (NASDAQ:INCY) has a market capitalization of $14.82 billion and generates $2.99 billion in revenue each year. The biopharmaceutical company earns $948.58 million in net income (profit) each year or $4.25 on an earnings per share basis.

The company employs 2,094 workers across the globe.

Incyte's mailing address is 1801 AUGUSTINE CUT-OFF, WILMINGTON DE, 19803. The official website for the company is www.incyte.com. The biopharmaceutical company can be reached via phone at (302) 498-6700, via email at mbooth@incyte.com, or via fax at 302-425-2750.