Upgrade

Incyte Corporation

INCY

Last
$112.79
Day
+0.0%
1y
+33.0%
5y
+70.0%
52w
-15.0%
SPY YTD
+13.3%
XLV
+8.1%
Earnings
2026-10-2717d
EMA 21
119.16
EMA 50
120.04
EMA 200
108.49
20d high
-12.4%
5y high
-15.0%
5y range
76th
Website · 2,844 employees · United States

Positions held

Your positions

INCY isn't in your positions.

Add it to see shares, cost, and P&L here.

Score
-16
Hold
avoid
Signal
Strong Sell
Target
$118.84
Stop
$107.67
Stop distance
4.5%
Target vs last
+5.4%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-07.

Bull case
  • Incyte Corporation is well-positioned in the biotechnology industry, focusing on innovative therapies that address unmet medical needs, which can lead to significant market opportunities.
  • In Q2 2026, Incyte reported a revenue of $1.7 billion, a 32% increase compared to the previous quarter.
  • The company's gross margin improved to 93.7% in Q2 2026, up from 91.8% in Q1 2026.
Bear case
  • The competitive landscape in biotechnology is intense, with numerous companies vying for market share, which can pressure pricing and margins.
  • Incyte's stock has a 'Strong Sell' signal with a score of -19.00, indicating bearish sentiment among analysts.
  • The operating margin decreased to 25.5% in Q4 2025 from 31.6% in Q3 2025, reflecting potential operational challenges.

Fundamentals

Market cap$22.85BEnterprise value$18.36BTrailing P/E14.36Forward P/E12.89
PEG10.82Price / book3.57Beta0.74Dividend yield0.00%
Revenue growth37.7%Earnings growth37.7%Gross margin55.7%Operating margin41.9%
Profit margin27.7%ROE30.7%ROA16.8%Debt / equity0.01
Current ratio4.59Free cash flow$1.18BAnalyst recommendationbuyMean target$129.13
52w high$132.6052w low$82.82

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$1.7B$1.3B$1.5B$1.4B$1.2B—
Op margin41.8%25.5%25.5%31.6%25.6%—
Net income$586M$303M$299M$424M$405M—
Gross margin93.7%91.8%92.0%92.8%93.5%—
Gross profit$1.6B$1.2B$1.4B$1.3B$1.1B—
Operating income$700M$324M$384M$431M$311M—
  • Revenue +32% vs prior quarter ($1.7B vs $1.3B).
  • Gross margin 93.7% (was 91.8% prior quarter).
  • Operating margin expanded to 41.8%.

Yearly (6y)

20252024202320222021
Revenue$5.1B$4.2B$3.7B$3.4B—
Op margin26.1%2.4%17.7%17.4%—
Net income$1.3B$32.6M$598M$341M—
Gross margin92.8%92.6%93.1%93.9%—
Gross profit$4.8B$3.9B$3.4B$3.2B—
Operating income$1.3B$101M$655M$592M—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

No headlines.

INCY · daily+36.3% over 260 sessions
Close EMA21 EMA50 EMA200
79.2493.21107.19121.17135.142025-092025-112026-012026-042026-062026-082026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$419M$837M$1.3B$1.7B0%47%94%2025-Q22025-Q32025-Q42026-Q12026-Q2

Chart patterns

Actionable setups from the latest nightly S&P 500 scan.

Open daily chart
  • Double Top

    bearish

    73%
    Completed
    Aug 24, 2026
    Trigger
    115.77

    Neckline 115.77; highs 132.60/130.80 over 20 bars; measured move ~15.93

    View on chart →