Companies /Healthcare

Incyte Corp

NASDAQ: INCY Biotechnology
$116.80
▼ $0.07 (−0.06%) today
Markets closed · 8:37am ET

24/7 Wall St. View

INCY at a Glance

Valuation
Market cap
$23.7B
P/E ratio
14.9
Profitability
Revenue (TTM)
$5.8B
Profit margin
27.7%
EPS (TTM)
$7.85
Price
52-week range
$89 – $133
24/7 target
$199.80
Street target
$129.54
Earnings
Q3 2026 EPS
$-3.60
vs. $-3.84 est.
+6.1%

Headquartered in Wilmington, DE Fiscal year ends December NASDAQ: INCY incyte.com

About Incyte

Incyte Corporation is a biopharmaceutical company that discovers, develops and commercializes medicines across three franchises: Hematology, Oncology, and Inflammation and Autoimmunity.

Its largest product is Jakafi (ruxolitinib), together with the once-daily Jakafi XR launched in 2026. It is a JAK1/JAK2 inhibitor marketed in the U.S. for polycythemia vera, myelofibrosis, and acute and chronic graft-versus-host disease.

Other marketed products include:
- Opzelura (ruxolitinib cream), for vitiligo and atopic dermatitis in the U.S. and Europe.
- Niktimvo (axatilimab), co-commercialized with Syndax for chronic GVHD.
- Zynyz (retifanlimab), a PD-1 antibody for anal canal and Merkel cell carcinoma, licensed from MacroGenics.
- Monjuvi/Minjuvi (tafasitamab), for lymphomas, licensed from Xencor.
- Pemazyre (pemigatinib), an FGFR inhibitor.
- Iclusig (ponatinib), sold in Europe and other territories under license from Takeda.

Incyte also earns royalties on Novartis' Jakavi, Lilly's Olumiant and Novartis' Tabrecta, plus milestone revenue from collaborators.

Its late-stage pipeline includes:
- INCA033989, a mutCALR antibody for essential thrombocythemia and myelofibrosis.
- Latarcibart, for von Willebrand disease, acquired with Vega Therapeutics in July 2026.
- INCB161734, a KRAS G12D inhibitor for pancreatic and colorectal cancer.
- INCA33890, a TGFβR2×PD-1 bispecific for colorectal cancer, developed with Merus/Genmab.
- INCB123667, a CDK2 inhibitor for ovarian cancer.
- Povorcitinib, an oral JAK1 inhibitor branded Povofortay, under review for hidradenitis suppurativa. Updated

Revenue by Segment · Q3 2026
  1. Jakafi53%
  2. Opzelura16%
  3. Jakavi Royalties9%
  4. Niktimvo4%
  5. Zynyz4%
  6. Monjuvi4%
  7. Milestone and Contract Revenues3%
  8. Olumiant Royalties3%
  9. Iclusig2%
  10. Pemazyre1%
  11. Tabrecta Royalties<1%

Latest Activity

INCYIncyte
Q3 2026
EPS
-$3.60
est -$3.84+6.1%
Revenue
$1.56B
est $1.48B+5.5%

Opzelura sales grew 36% as Jakafi's patent clock keeps ticking, and that is the number that decides what this company looks like after 2029. The quarter's loss is entirely the Vega Therapeutics IPR&D charge, and management still raised full-year sales guidance.

Quarterly EPS — reported vs estimate

INCY Coverage

Frequently Asked Questions

What does Incyte do?

Incyte Corporation is a biopharmaceutical company that discovers, develops and commercializes medicines across three franchises: Hematology, Oncology, and Inflammation and Autoimmunity. Its largest product is Jakafi (ruxolitinib), together with the once-daily Jakafi XR launched in 2026.

What is the INCY stock price target?

24/7 Wall St.'s 12-month price target for INCY is $199.80, rated Buy. The Wall Street consensus target is $129.54. INCY price prediction →