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NASDAQ: INCY
Incyte Corp Stock Forecast, Predictions & Price Target

Analyst price target for INCY

Based on 12 analysts offering 12 month price targets for Incyte Corp.
Min Forecast
$64.00+12.04%
Avg Forecast
$73.92+29.41%
Max Forecast
$93.00+62.82%

Should I buy or sell INCY stock?

Based on 12 analysts offering ratings for Incyte Corp.
Buy
Strong Buy
3 analysts 25%
Buy
2 analysts 16.67%
Hold
7 analysts 58.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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INCY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-25
lockedlocked$00.00+00.00%2024-03-13
lockedlocked$00.00+00.00%2024-03-12
lockedlocked$00.00+00.00%2024-02-23
lockedlocked$00.00+00.00%2024-02-14
Citigroup
Bottom 11%
11
Strong BuyMaintains$81.00+41.81%2024-02-14
Truist Securities
Top 24%
77
Strong BuyMaintains$84.00+47.06%2024-02-14
Mizuho
Top 22%
79
HoldMaintains$77.00+34.80%2023-12-14
JMP Securities
Top 5%
96
BuyReiterates$93.00+62.82%2023-12-13
Leerink Partners
Bottom 1%
1
BuyUpgrades$78.00+36.55%2023-12-13

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Forecast return on equity

Is INCY forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
37.5%

Forecast return on assets

Is INCY forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

INCY revenue forecast

What is INCY's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$4.2B+12.35%
Avg 2 year Forecast
$4.6B+25.08%
Avg 3 year Forecast
$5.2B+39.72%
INCY's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

INCY earnings growth forecast

How is INCY forecast to perform vs Biotechnology companies and vs the US market?
Company
52.77%
Industry
7.2%
Market
22.04%
INCY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
INCY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
INCY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

INCY revenue growth forecast

How is INCY forecast to perform vs Biotechnology companies and vs the US market?
Company
11.69%
Industry
38.94%
Market
10.52%
INCY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
INCY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

INCY vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
INCY$57.12$73.92+29.41%Buy
SRPT$130.23$155.54+19.43%Strong Buy
UTHR$243.27$298.00+22.50%Strong Buy
TECH$69.42$77.83+12.12%Strong Buy
LEGN$56.93$83.00+45.79%Buy

Incyte Stock Forecast FAQ

Is Incyte Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NASDAQ: INCY) stock is to Buy INCY stock.

Out of 12 analysts, 3 (25%) are recommending INCY as a Strong Buy, 2 (16.67%) are recommending INCY as a Buy, 7 (58.33%) are recommending INCY as a Hold, 0 (0%) are recommending INCY as a Sell, and 0 (0%) are recommending INCY as a Strong Sell.

If you're new to stock investing, here's how to buy Incyte stock.

What is INCY's revenue growth forecast for 2024-2026?

(NASDAQ: INCY) Incyte's forecast annual revenue growth rate of 11.69% is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 38.94%, and while it is forecast to beat the US market's average forecast revenue growth rate of 10.52%.

Incyte's revenue in 2024 is $3,695,649,000.On average, 9 Wall Street analysts forecast INCY's revenue for 2024 to be $932,225,298,620, with the lowest INCY revenue forecast at $902,145,982,304, and the highest INCY revenue forecast at $948,045,858,651. On average, 9 Wall Street analysts forecast INCY's revenue for 2025 to be $1,037,906,603,704, with the lowest INCY revenue forecast at $1,005,472,906,410, and the highest INCY revenue forecast at $1,073,621,076,780.

In 2026, INCY is forecast to generate $1,159,317,086,685 in revenue, with the lowest revenue forecast at $1,116,905,223,736 and the highest revenue forecast at $1,204,582,676,720.

What is INCY's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: INCY) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of N/A.

What is INCY's Price Target?

According to 12 Wall Street analysts that have issued a 1 year INCY price target, the average INCY price target is $73.92, with the highest INCY stock price forecast at $93.00 and the lowest INCY stock price forecast at $64.00.

On average, Wall Street analysts predict that Incyte's share price could reach $73.92 by Mar 25, 2025. The average Incyte stock price prediction forecasts a potential upside of 29.41% from the current INCY share price of $57.12.

What is INCY's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: INCY) forecast ROE is N/A, which is considered weak.
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