Incyte Corporation (INCY)

Incyte Stock Forecast

Stock Price Forecast

According to 17 professional analysts, the 12-month price target for Incyte stock ranges from a low of $60 to a high of $125. The average analyst price target of $90.71 forecasts a -11.52% decrease in the stock price over the next year.

Price Target: $90.71 (-11.52%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$60	$90.71	$93	$125
Change	-41.47%	-11.52%	-9.29%	+21.93%

Analyst Ratings

The average analyst rating for Incyte stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	3	3	3	3	3	4
Buy	2	2	4	4	4	5
Hold	14	14	12	12	12	10
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	20	20	20	20	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Etzer Darout Barclays	Barclays	Buy Maintains $101 → $115	Buy	Maintains	$101 → $115	+12.17%	Nov 24, 2025
Allison Bratzel Piper Sandler	Piper Sandler	Buy Maintains $82 → $102	Buy	Maintains	$82 → $102	-0.51%	Nov 4, 2025
Michael Schmidt Guggenheim	Guggenheim	Hold → Strong Buy Upgrades $125	Hold → Strong Buy	Upgrades	$125	+21.93%	Nov 3, 2025
Brian Abrahams RBC Capital	RBC Capital	Hold Maintains $81 → $84	Hold	Maintains	$81 → $84	-18.06%	Oct 29, 2025
Srikripa Devarakonda Truist Securities	Truist Securities	Hold Reiterates $79 → $93	Hold	Reiterates	$79 → $93	-9.29%	Oct 29, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

5.07B

Increased by 19.59%

from 4.24B

Revenue Next Year

5.62B

Increased by 10.88%

from 5.07B

EPS This Year

6.98

Increased by 4,552.67%

from 0.15

EPS Next Year

8.06

Increased by 15.47%

from 6.98

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.67B	2.99B	3.39B	3.70B	4.24B	5.07B	5.62B
Revenue Growth	23.53%	11.98%	13.68%	8.87%	14.76%	19.59%	10.88%
EPS	-1.36	4.27	1.52	2.65	0.15	6.98	8.06
EPS Growth	-	-	-64.40%	74.34%	-94.34%	4,552.67%	15.47%
Forward PE	-	-	-	-	-	14.69	12.72
No. Analysts	-	-	-	-	-	30	29

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	5.3B	6.2B
Avg	5.1B	5.6B
Low	4.8B	5.0B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	25.3%	21.3%
Avg	19.6%	10.9%
Low	13.8%	-0.9%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	7.52	9.80
Avg	6.98	8.06
Low	6.40	6.20

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	4,912.0%	40.4%
Avg	4,552.7%	15.5%
Low	4,167.6%	-11.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.