The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

INCY

Concerning the House

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

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%
Quotation

$120.52

-0.25 (-0.2%)

52w hi$129.93
52w lo$81.66
Vol829.42K
As ofAug 13
The Verdict

Buy

Our score +0.71

Short+0.40
Medium+0.86
Long+1.01

computed 2026-08-13

By the Numbers

Incyte Corporation

Healthcare · Biotechnology

Market cap$24.43B
Enterprise value$19.98B
Trailing P/E15.35x
Forward P/E13.57x
EV / EBITDA10.29x
P / S (ttm)4.20x
Profit margin27.7%
Return on equity30.7%
Revenue growth+37.7%
Earnings growth+37.7%
Debt / equity0.60
Risk Metrics
Beta vs SPX0.59
Corr SPX0.28
Annual vol34.6%
Annual ret+39.4%
Sharpe1.14
Max DD-33.8%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.46
Sector+0.12
Technical+0.36
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$122.23$122.23$119.71$120.52829.42K
Aug 12$119.54$121.57$118.88$120.771.06M
Aug 11$121.13$122.28$120.06$121.071.08M
Aug 10$120.56$122.69$120.50$121.551.35M
Aug 7$118.56$120.88$117.38$120.561.54M