INCY
Incyte
Health Care · Biotechnology · US
$98.56
Close 2025-12-31
✗ ETHICAL FAIL

STRONG MOAT
HIGH
Data Confidence: 100%
Full financial profile available
Market Cap
$19.7B
Trailing P/E
13.90
Forward P/E
10.90
Rev Growth
+20.9%
Profit Margin
26.7%
ROE
30.8%
Analyst Target
$108.50
Recommendation
BUY
About Incyte

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 for the treatment of myelofibrosis (MF), polycythemia vera, and steroid-refractory acute graft-versus-host disease; ICLUSIG, a kinase inhibitor to treat chronic myeloid leukemia and Philadelphia-chromosome positive acute lymphoblastic leukemia; MONJUVI/ MINJUVI for the treatment of diffuse large B-cell lymphoma and Follicular Lymphoma; NIKTIMVO for the treatment of chronic graft-versus-host disease. It also provides INCA033989 for the treatment of essential thrombocythemia and MF; INCA035784 for the treatment of anti-mutant calreticulin and myeloproliferative neoplasms (MPNs); INCB160058 for the treatment of MPNs; PEMAZYRE, a selective fibroblast growth factor receptor kinase inhibitor for the treatment of unresectable biliary tract cancer, metastatic cholangiocarcinoma, and myeloid/lymphoid neoplasms; ZYNYZ to treat adults with metastatic or recurrent locally advanced Merkel cell carcinoma. The company's clinical stage products include INCB123667 for ovarian cancer; INCB161734 for solid tumors; INCA33890 for cancers; Ruxolitinib cream for atopic dermatitis, hidradenitis suppurativa (HS), and prurigo nodularis; Povorcitinib for HS, nonsegmental vitiligo, prurigo nodularis, and asthma; and INCB00928 for the treatment of fibrodysplasia ossificans progressive. It has collaboration and license agreement with Novartis, Lilly, and Syndax. The company sells its products to specialty and retail pharmacies, hospital pharmacies, and distributors. 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.

Opportunity Summary
Trading at $99 against a fair value of $226, a 56% discount. Strong competitive moat. Fails ethical screen (Accounts receivable). Ranks better than 85% of screened stocks.
Ethical Screen
Business ActivityPASS
Debt Ratio (0.01%)PASS
Cash Ratio (0.01%)PASS
Receivables Ratio (0.59%)FAIL
Revenue Ratio (0.02%)PASS
OverallFAIL
Score Ethical: 10.0
Score Valuation: 88.0
Score Quality: 65.8
Score Combined: 50.9
Fair Value Est: $226.00 · Margin of Safety: +129.3% · Tier: AVOID

Full Analysis

Opportunity scores, earnings history, insider transactions, institutional holders, analyst consensus, and more.

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Opportunity Scores
Valuation100.0
Quality65.0
Cash Flow35.0
Moat100.0
Balance Sheet100.0
Debt Purity98.2
Liquid Purity97.9
Rev Purity58.9
Compliance86.6
Tier: PLATINUM · Score: 87.5 · Rank: #18
Earnings History (Last 8 Quarters)
DateEPS Est.Reported EPSSurprise %
2026-07-281.82Pending--
2026-04-281.341.81+35.1%
2026-02-101.921.80-6.1%
2025-10-281.642.26+38.0%
2025-07-291.471.57+6.6%
2025-04-291.031.16+12.3%
2025-02-101.551.43-8.0%
2024-10-290.790.54-31.3%
Quarterly Financials
PeriodRevenueNet IncomeEBITDAGross ProfitOp. IncomeEPS
2026-03-31$1.3B$303.3M$368.0M$1.2B$324.2M1.52
2025-12-31$1.5B$299.3M$414.5M$1.4B$384.0M1.52
2025-09-30$1.4B$424.2M$506.9M$1.3B$431.3M2.17
2025-06-30$1.2B$405.0M$581.5M$1.1B$310.8M2.09
2025-03-31$1.1B$158.2M$257.2M$979.7M$216.7M0.82
2024-12-31
Insider Transactions
DateNameRoleSharesValue
2026-05-19CLANCY PAUL J.Director15,000$1.4M
2026-05-19CLANCY PAUL J.Director15,000$1.3M
2026-05-08BAKER BROS ADVISORS L.P.Beneficial Owner of more than 10% of a Class of Security30,000$2.5M
2026-05-06CAGNONI PABLO JOfficer31,517--
2026-05-06STEIN STEVEN H.Officer44,124--
2026-05-04UPADHYAY SUKETU PChief Financial Officer26,343--
2026-04-17CAGNONI PABLO JPresident18,667$1.8M
2026-04-17CAGNONI PABLO JPresident18,667$1.3M
2026-04-15CAGNONI PABLO JOfficer27,892--
2026-04-15STEIN STEVEN H.Officer39,049--
Top Institutional Holders
HolderSharesValue% Held
Baker Bros. Advisors, LP30.7M$3.0B0.2%
Blackrock Inc.19.0M$1.8B0.1%
Dodge & Cox Inc.12.3M$1.2B0.1%
Vanguard Capital Management LLC10.9M$1.1B0.1%
State Street Corporation9.6M$936.8M0.0%
Vanguard Portfolio Management LLC7.8M$753.9M0.0%
AQR Capital Management, LLC5.8M$564.3M0.0%
Geode Capital Management, LLC4.7M$457.0M0.0%
LSV Asset Management3.9M$380.9M0.0%
Invesco Ltd.3.9M$376.1M0.0%
Analyst Recommendations
3 Months Ago
2
9
13
26 analysts
2 Months Ago
2
9
13
26 analysts
Last Month
2
10
12
2
26 analysts
Current
2
9
15
28 analysts
Strong Buy Buy Hold Sell Strong Sell
Additional Fundamentals
Enterprise Value
$15.4B
Price/Book
3.46
Beta
0.797
Analysts
22
Total Revenue (TTM)
$5.4B
Total Debt
$39.4M
Earnings Growth
+83.8%
Rec. Mean
2.39
Short Ratio
7.75
Short % Float
0.1%
Employees
2,844

Elite Intelligence

Trade Consideration with position sizing, convergence signals, and risk analysis. Available to Elite members.

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Trade Consideration
The Opportunity
Score 50.9 (P75 — top 24.6% of scored tickers). Strong Moat. Ethical FAIL. 24 analysts at Buy.
Price: $98.56 | Target: $107.96 (+10%) | Fair Value: $226.00 (+129%)
Score
51
Moat
STRONG
Conviction
Standard
Upside
+10%
The Fundamentals
Revenue Growth+20.9%
Profit Margin0.0%
ROE30.8%
Forward P/E10.9
Market Cap$19.7B
Earnings Track Record
DateEstimateReportedSurprise
2026-07-28$1.82Pending
2026-04-28$1.34$1.81+35.1%
2026-02-10$1.92$1.80-6.1%
2025-10-28$1.64$2.26+38.0%
2025-07-29$1.47$1.57+6.6%
2025-04-29$1.03$1.16+12.3%
Position Sizing Scenarios
Stop: $83.78 (-15%) | Entry: $98.56
SharesCostProfit to TargetR:R
To Consensus ($107.96, 24 analysts)
10$985.60+$94.00 (10%)0.6R
50$4,928.00+$470.00 (10%)0.6R
100$9,856.00+$940.00 (10%)0.6R
To Fair Value ($226.00)
10$985.60+$1,274.40 (129%)8.6R
50$4,928.00+$6,372.00 (129%)8.6R
100$9,856.00+$12,744.00 (129%)8.6R
Risk Factors
  • Elevated short interest (7.75 days to cover)
The Verdict
Incyte holds a strong competitive moat, is growing revenue at +20.9%, and trades at a 129.3% discount to fair value.
Quantitative Grade

A single score combining all analytical layers below. A is strongest, D is weakest.

C
Quant Score
55.0
Risk Grade
LOW_RISK
Layers
8
Quality: STRONG_EARNINGS_DRIFT
Risk Profile

How much could this ticker lose on a bad day? These metrics measure worst-case scenarios from historical data.

VaR 95%
-3.1%
worst expected daily loss, 19 in 20 days
CVaR 95%
-4.8%
avg loss on the worst 5% of days
Annual Volatility
Sortino Ratio
1.10
above 1.0 is good
Max Drawdown
-33.8%
Worst Day
Forward Outlook

Based on 10,000 simulated price paths, here is the probability of where this ticker could be in 30, 60, and 90 days.

30d Prob Up
90d Prob Up
Median Return 30d
Liquidity Score
85
Liquidity Grade
HIGHLY LIQUID
Trend & Momentum

What direction is this ticker actually moving, filtered through noise? Is it speeding up or slowing down?

Kalman Trend
Trend Strength
Momentum Signal
HMM Regime
RSI Signal
Technical Signals

Classic chart signals that institutional traders monitor. Golden Cross is bullish, Death Cross is bearish.

MA Crossover
ABOVE_200
Bollinger Position
LOWER_HALF
Beta
Relative Volume
2.2x
Short Interest
Financial Health

Is this company financially sound? The Z-Score measures bankruptcy risk. The F-Score measures fundamental strength.

Altman Z-Score
below 1.81 = distress zone
Piotroski F-Score
Earnings Beat Rate
50.0%
Earnings Consistency
Correlations

These tickers tend to move together (positive) or in opposite directions (negative). Useful for portfolio diversification.

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Inverse Correlated
TickerCorrelation
SPEC.KW-0.169
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Seasonality

Does this ticker have consistent patterns on certain days or months? Historical tendencies, not guarantees.

Best Day
Wednesday
Worst Day
Thursday
Best Month
Oct
Worst Month
Mar
Fri-Mon Effect
-0.008543128075684692
Earnings Drift

After this company beats earnings, does the price keep going up? Drift tracks post-earnings momentum.

Avg Drift After Beat
+10.4%
Beat Drift Positive %
100.0%
Consistency
Momentum Rankings

How does this ticker's recent performance compare to the entire universe? Ranked across 1, 3, 6, and 12-month returns.

1M Return
+2.6%
3M Return
-3.9%
6M Return
-4.6%
12M Return
+50.5%
Momentum Rank
#2158
Momentum Signal
FLAT

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