Inside the research

Incyte Corporation

INCY Research profile · latest available data

Price overview

$123.89

▼ -0.55 (-0.4%)

52w hi$129.93
52w lo$81.66
Vol1.21M
As of25 Sep 2026

The Verdict

Buy

Our score +0.65

Short+0.36
Medium+0.80
Long+0.94

computed 2026-09-27

Key fundamentals

Incyte Corporation

Healthcare · Biotechnology

Market cap$25.11B
Enterprise value$20.61B
Trailing P/E15.78x
Forward P/E13.94x
EV / EBITDA10.61x
P / S (ttm)4.32x
Profit margin27.7%
Return on equity30.7%
Revenue growth+37.7%
Earnings growth+37.7%
Debt / equity0.60

Layer Breakdown

LayerRawContribution
Fundamental+0.46
Sector+0.08
Technical+0.34
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

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.

United States · www.incyte.com

Risk Metrics

Beta vs SPX0.58
Corr SPX0.27
Annual vol34.6%
Annual ret+37.7%
Sharpe1.09
Max DD-33.8%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$108.50
High / Low$135.00 / $71.00
Median$106.50
Analysts22
Strong Buy2
Buy9
Hold13
Sell1
Strong Sell1

Recent rating actions

2026-05-04HC Wainwright & Co.→ Buy
2026-04-29Stifel→ Buy
2026-04-29Oppenheimer→ Perform
2026-04-15HC Wainwright & Co.→ Buy
2026-03-30HC Wainwright & Co.→ Buy
2026-03-25UBS→ Neutral

Material Events

DateEvent8-K
2026-07-28Earnings Release, Exhibitsread
2026-07-06Other Material Event, Exhibitsread
2026-06-22Other Material Eventread
2026-06-09Shareholder Voteread
2026-06-08Other Material Eventread
2026-04-28Earnings Releaseread
2026-03-30Officer / Director Changeread
2026-03-26Officer / Director Change, Exhibitsread
2026-03-06Other Material Eventread
2026-02-10Earnings Release, Exhibitsread
2025-12-12Officer / Director Changeread
2025-10-28Earnings Release, Exhibitsread

Insider Trades

DateInsiderRoleActionSharesValue
2026-08-12CAGNONI PABLO JPresident, Global Head ofSell10.80K$1.30M
2026-08-05Mayes Patrick AEVP & Chief Scientific OfOption exercise2.21K$234.98K
2026-08-05Mayes Patrick AEVP & Chief Scientific OfSell2.21K$273.65K
2026-08-05CAGNONI PABLO JPresident, Global Head ofSell10.64K$1.31M
2026-08-03Mayes Patrick AEVP & Chief Scientific OfSell6.05K$729.20K
2026-08-03Mayes Patrick AEVP & Chief Scientific OfOption exercise6.05K$638.38K
2026-07-31Mayes Patrick AEVP & Chief Scientific OfOption exercise2.28K$146.75K
2026-07-31Mayes Patrick AEVP & Chief Scientific OfOption exercise2.92K$178.52K
2026-07-31Mayes Patrick AEVP & Chief Scientific OfOption exercise2.07K$149.04K
2026-07-31Mayes Patrick AEVP & Chief Scientific OfOption exercise3.15K$216.02K

Flow & Concentration

Insider 180d net-$10.73M
Insider buys / sells0 / 17
Insider biasSellers
13F holders9
Top-5 share97.0%
HHI3,022 (concentrated)

Top Holders

HolderValueShares
State Street Corp$1.10B9.72M
AQR Capital Management$603.18M5.32M
Renaissance Technologies$398.14M3.51M
Fidelity / FMR LLC$156.64M1.38M
Capital Research / Capital World$87.05M767.92K
Citadel Advisors$33.78M298.01K
Millennium Management$20.77M183.21K
Bridgewater Associates$19.07M168.25K
T. Rowe Price Group$46.42K409.51K

As of 2026-06-30

SEC Filings

DateFormDoc
2026-08-144view
2026-08-074view
2026-08-074view
2026-08-044view
2026-08-044view
2026-07-288-Kview
2026-07-2810-Qview
2026-07-274view
2026-07-274view
2026-07-204view
2026-07-204view
2026-07-204view
2026-07-204view
2026-07-204view
2026-07-204view

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$3.70B+47.0%
Operating income$1.51B+68.2%
Net income$1.29B+88.0%
Cash from ops$496.49M+33.1%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$125.72$126.00$123.07$123.891.21M
Sep 24$124.79$125.55$123.03$124.441.40M
Sep 23$127.51$128.21$123.89$124.641.53M
Sep 22$124.72$127.75$124.01$126.931.65M
Sep 21$125.00$127.41$124.19$124.651.27M

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