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USHealthcare

Incyte Corporation (INCY)

US · Healthcare · Biotechnology

$127.62+2.30%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$1.67B
Revenue YoY
+37.7%
Net profit
$585.6M
Profit YoY
+44.6%
EPS
$2.80
EPS estimate
$1.76
Net margin
35.0%

EPS came in at 2.80 against a street estimate of 1.76 — a beat of 59.1%.

Key statistics

Market cap
$24.62B
P/E
15.7
Forward P/E
14.3
P/B
3.94
Book value
$31.57
EPS (TTM)
$7.74
52-week high
$132.60
52-week low
$81.09
50-day MA
$121.45
200-day MA
$105.05
Beta
0.77

Analyst view

Analysts rate Incyte Corporation a buy (11 buy, 15 hold, 1 sell out of 27) with an average price target of $127.74.

From the latest earnings call · 2026-07-28

CONFIDENT Incyte delivered 40% net sales growth, $1.49B in Q2 2026. Jakafi XR launched; Opzelura surged with CMS settlement benefit. Pipeline maturing across hematology, oncology, dermatology with catalyst-rich H2 ahead. Q2 2026 All marketed products grew YoY in U.S. and international markets. International Opzelura +34% YoY; Monjuvi Japan approval & launch Q2. Opzelura EU moderate AD approval expected Q3 with modest 2026 contribution, momentum in 2027. Analysts pressed on 989 regulatory strategy (endpoints, dosing paths), 734 competitive positioning vs. existing/emerging KRASG12D programs, and Jakafi XR conversion dynamics. Management clarified FDA discussions favor alternative endpoint paths incorporating anemia/disease-modification data, positioned 734 as potentially best-in-class in PDAC+chemo with full-dose bevacizumab advantage, and confirmed payer reimbursement active with formula…

Full summary in the app.

Shareholding

Insiders
1.83%
Institutions
103.43%

Largest institutional holders

FundStake
Baker Bros Advisors LP15.17%
BlackRock Inc9.36%
Dodge & Cox5.90%
Vanguard Capital Management, LLC5.39%
State Street Corp4.76%
Vanguard Portfolio Management, LLC3.83%
AQR Capital Management LLC2.87%
Geode Capital Management, LLC2.32%

Recent filings & reports

DocumentDate
Company announcement · Q3 2026
INCYTE CORPORATION (INCY) – FORM 8-K SUMMARY August 31, 2026 --- BUSINESS & SEGMENT HIGHLIGHTS • Incyte entered into an agreement with the U.S. Cen
2026-08-31
Quarterly report · Q2 2026
INCYTE CORPORATION – Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Net Sales (6 months): $2,592.6 million, up 30.8% vs. $1,981.7 million in 2025 • Total R
2026-07-28
Results announced · Q3 2026
INCYTE CORPORATION Q2 2026 FINANCIAL SUMMARY HEADLINE NUMBERS • Total revenue: $1.67 billion in Q2 2026, up 38% vs Q2 2025 • Total net sales: $1.49
2026-07-28
Company announcement · Q3 2026
INCYTE CORPORATION - FORM 8-K SUMMARY HEADLINE NUMBERS • Incyte Corporation completed acquisition of Vega Therapeutics, Inc. on July 6, 2026 • Vega T
2026-07-06
Company announcement · Q2 2026
INCYTE CORPORATION – FORM 8-K SUMMARY HEADLINE NUMBERS • One-time non-cash benefit of approximately $246 million expected to be recorded in Q2 2026
2026-06-22
Quarterly report · Q1 2026
INCYTE CORPORATION – Q1 2026 SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Total revenues: $1,272.7 million (Q1 2026) vs. $1,052.9 million (Q1 202
2026-04-28
Proxy statement · Q4 2025
INCYTE CORPORATION PROXY STATEMENT SUMMARY --- CEO COMPENSATION • William J. Meury (CEO since June 2025): Total compensation figure not disclosed i
2026-04-28
Annual report FY2025
INCYTE CORPORATION — 10-K SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Market capitalization (June 30, 2025): approximately $11.2 billion • Share
2026-02-10

Readable in the app.

Deals & corporate news

AnnouncementDate
Completed acquisition of Vega Therapeutics from Star Therapeutics
Incyte Corporation completed its acquisition of Vega Therapeutics, Inc. (a subsidiary of Star Therapeutics LLC) on July 6, 2026. This was a previously announced deal that has now been finali
2026-07-06
Entered into definitive agreement to acquire Vega Therapeutics
On June 8, 2026, Incyte Corporation announced it has agreed to acquire Vega Therapeutics, Inc., a subsidiary of Star Therapeutics, LLC, through a definitive agreement. This is a strategic ac
2026-06-08

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Data updated 2026-09-18.