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Incyte

INCYNASDAQ
Logo brought to you by Benzinga Data
$68.84
1.782.65%
At close: -
$68.82
-0.02-0.03%
After Hours: Dec 20, 4:36 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$100.00
Lowest Price Target1
$52.00
Consensus Price Target1
$78.26

Incyte (NASDAQ:INCY) Stock, Analyst Ratings, Price Targets, Forecasts

Incyte Corp has a consensus price target of $78.26 based on the ratings of 26 analysts. The high is $100 issued by Credit Suisse on February 16, 2023. The low is $52 issued by BMO Capital on October 30, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, UBS, and RBC Capital on December 19, 2024, December 17, 2024, and November 19, 2024, respectively. With an average price target of $73.67 between Wells Fargo, UBS, and RBC Capital, there's an implied 7.04% upside for Incyte Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
4
Sep
4
6
1
Oct
1
Nov
2
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wells Fargo
UBS
RBC Capital
Citigroup
Morgan Stanley

1calculated from analyst ratings

Analyst Ratings for Incyte

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Incyte (INCY) stock?

A

The latest price target for Incyte (NASDAQ:INCY) was reported by Wells Fargo on December 19, 2024. The analyst firm set a price target for $70.00 expecting INCY to rise to within 12 months (a possible 1.71% upside). 50 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Incyte (INCY)?

A

The latest analyst rating for Incyte (NASDAQ:INCY) was provided by Wells Fargo, and Incyte maintained their equal-weight rating.

Q

When was the last upgrade for Incyte (INCY)?

A

The last upgrade for Incyte Corp happened on October 30, 2024 when B of A Securities raised their price target to $90. B of A Securities previously had a neutral for Incyte Corp.

Q

When was the last downgrade for Incyte (INCY)?

A

The last downgrade for Incyte Corp happened on September 18, 2024 when Truist Securities changed their price target from $83 to $74 for Incyte Corp.

Q

When is the next analyst rating going to be posted or updated for Incyte (INCY)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Incyte, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Incyte was filed on December 19, 2024 so you should expect the next rating to be made available sometime around December 19, 2025.

Q

Is the Analyst Rating Incyte (INCY) correct?

A

While ratings are subjective and will change, the latest Incyte (INCY) rating was a maintained with a price target of $68.00 to $70.00. The current price Incyte (INCY) is trading at is $68.82, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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