Incyte Corporation (INCY)

NASDAQ
Currency in USD
58.21
+0.48(+0.83%)
Closed·
After Hours
58.210.00(0.00%)
·
INCY Scorecard
Full Analysis
Management has been aggressively buying back shares
Earnings results expected in 11 days
Fair Value
Day's Range
57.0858.69
52 wk Range
50.3583.95
Key Statistics
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Prev. Close
57.73
Open
58.01
Day's Range
57.08-58.69
52 wk Range
50.35-83.95
Volume
1.17M
Average Vol. (3m)
1.96M
1-Year Change
10.41%
Book Value / Share
17.9
Fair Value
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Fair Value Upside
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INCY Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
73.35
Upside
+26.01%
Members' Sentiments
Bearish
Bullish
ProTips
Holds more cash than debt on its balance sheet
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Incyte Corporation Company Profile

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 (ruxolitinib) for the treatment of intermediate or high-risk myelofibrosis, polycythemia vera, and steroid-refractory acute graft-versus-host disease; MONJUVI (tafasitamab-cxix)/MINJUVI (tafasitamab) for treating relapsed or refractory diffuse large B-cell lymphoma; PEMAZYRE (pemigatinib), a selective fibroblast growth factor receptor kinase inhibitor for the treatment of unresectable biliary tract cancer, metastatic cholangiocarcinoma, and myeloid/lymphoid neoplasms; ICLUSIG (ponatinib), a kinase inhibitor to treat chronic myeloid leukemia and Philadelphia-chromosome positive acute lymphoblastic leukemia; ZYNYZ (retifanlimab-dlwr) to treat adults with metastatic or recurrent locally advanced Merkel cell carcinoma; and NIKTIMVO (axatilimab-csfr) for treating chronic graft-versus-host disease, as well as OPZELURA (ruxolitinib) cream for treating atopic dermatitis. Its clinical stage products include INCB123667 (CDK2) for ovarian cancer; INCB161734 (KRASG12D) for cancers; INCA33890 (TGFßR2xPD-1) for solid tumors; Ruxolitinib cream for mild to moderate hidradenitis suppurativa (HS); Povorcitinib for HS, nonsegmental vitiligo, prurigo nodularis, and asthma and chronic spontaneous urticaria; INCB000262 (MRGPRX2) and INCB000547 (MRGPRX4) for systemic immune and neuro-immune disorders; INCA034460 (anti-CD122) for vitiligo; and Zilurgisertib (ALK2) for fibrodysplasia ossificans progressive. It has collaboration with Genesis Therapeutics, Inc. The company sells its products to specialty and retail pharmacies, hospital pharmacies, and specialty distributors and wholesalers. 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.

Employees
2617

Incyte Corporation SWOT Analysis


Financial Outlook
Analysts offer mixed views, with price targets ranging from $52 to $84, reflecting uncertainty about Incyte's ability to navigate upcoming challenges
Market Positioning
Delve into Incyte's strategy to compete in crowded markets like HS, balancing oral treatment advantages against established biologics
Pipeline Promise
Explore Incyte's diverse pipeline, including povorcitinib for hidradenitis suppurativa and CDK2 inhibitors for cancer, aiming to offset future losses
Patent Cliff Looms
Incyte faces a critical challenge as its flagship product Jakafi approaches patent expiration, potentially impacting $3 billion in revenue by 2028-2029
Read full SWOT analysis

Incyte Corporation Earnings Call Summary for Q3/2024

  • Q3 2024 revenues up 24% YoY to $1.14B; net product revenues at $963M, driven by Jakafi and Opzelura growth
  • 2024 revenue guidance raised to $2.74B-$2.77B; R&D expenses at $573M including $100M milestone payment
  • Preparing for Niktimvo US launch in Q1 2025; aiming for ruxolitinib cream approval in pediatric atopic dermatitis H2 2025
  • Positive Phase 3 results for tafasitamab in follicular lymphoma; retifanlimab showed 37% risk reduction in SCAC
  • Multiple pivotal studies reporting in early 2025; expects significant revenue from diverse pipeline by 2029
Last Updated: 10/30/2024, 06:45 PM
Read Full Transcript

Compare INCY to Peers and Sector

Metrics to compare
INCY
Peers
Sector
Relationship
P/E Ratio
342.5x−0.2x−0.5x
PEG Ratio
−3.660.000.00
Price / Book
3.2x6.1x2.6x
Price / LTM Sales
2.6x0.4x2.9x
Upside (Analyst Target)
23.9%204.1%66.2%
Fair Value Upside
Unlock−3.4%10.3%Unlock

Analyst Ratings

10 Buy
16 Hold
1 Sell
Ratings:
27 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 73.35
(+26.01% Upside)

Earnings

Latest Release
Feb 10, 2025
EPS / Forecast
1.43 / 1.51
Revenue / Forecast
1.18B / 1.14B
EPS Revisions
Last 90 days

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FAQ

What Is the Incyte (INCY) Stock Price Today?

The Incyte stock price today is 58.21

What Stock Exchange Does Incyte Trade On?

Incyte is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Incyte?

The stock symbol for Incyte is "INCY."

What Is the Incyte Market Cap?

As of today, Incyte market cap is 11.28B.

What is Incyte Earnings Per Share?

The Incyte EPS is 0.16.

What Is the Next Incyte Earnings Date?

Incyte will release its next earnings report on Apr 29, 2025.

From a Technical Analysis Perspective, Is INCY a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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