INCY

INCYTE CORP

Nasdaq · Services-Commercial Physical & Biological Research · Inc. DE · CIK 0000879169
$108.53 +0.65% $21.7B
Insider Selling Cluster (2 insiders)High Impact Filing (7/10)38 New Institutional Positions12 Institutional Exits
Vol
Market Cap$21.7B
Cap SizeLarge Cap
Analyst ConsensusHold (46%)
Inst. Holders50 funds
Inst. Value$13.6B
Inst. Activity38 buys / 12 sells
Insider Activity0B / 6S
Insider Net $-$7.3M
SEC Reports3
Exchange Nasdaq·Sector Services-Commercial Physical & Biological Research·Inc. DE·CIK 0000879169·Prev Close $107.83

Recent Activity

Jun 12, 2026 clinical_trial_readout
Results Pending: retifanlimab (Phase 2) — Completed 14d ago
Trial: Safety and Efficacy of Retifanlimab (INCMGA00012) Alone or in Combination With Other Therapie
Jun 8, 2026 SEC
Incyte announced a definitive agreement to acquire Vega Therapeutics (a Star Therapeutics subsidiary) for $1.25 billion
8-K — Impact 7/10
Jun 8, 2026 Insider
High Katherine A was granted 6,111 shares
Director
Jun 8, 2026 Insider
BRAWLEY OTIS W was granted 6,111 shares
Director
Jun 8, 2026 Insider
BRAWLEY OTIS W was granted 1,642 shares
Director
May 27, 2026 SEC
Incyte filed additional proxy soliciting materials supplementing its definitive proxy statement for the June 8, 2026 ann
DEFA14A — Impact 3/10
Feb 28, 2026 SEC
Three major passive institutional investors — Morgan Stanley, Wells Fargo, and UBS — significantly increased their posit
INST-CLUSTER — Impact 6/10
Inst.
WELLINGTON MANAGEMENT GROUP LLP — DOUBLED
3,266,136 shares ($307.4M)

Price Targets

$109.09 +0.5% upside Hold
Current $108.53 Low $71.00 Median $105.00 High $140.00 23 analysts
$71.00 $140.00

Analyst Ratings

Hold46% buy · 35 analysts
8Strong Buy
8Buy
18Hold
1Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
Jun 9, 2026 HC Wainwright & Co. MAINTAIN Buy → Buy
May 22, 2026 Bernstein INITIATE Market Perform
May 21, 2026 HC Wainwright & Co. REITERATE Buy → Buy
May 4, 2026 HC Wainwright & Co. REITERATE Buy → Buy
Apr 29, 2026 Oppenheimer MAINTAIN Perform → Perform

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $1.82 ▼ -0.5% $1.51 — $1.99 16% YoY 19
Next Q $2.00 ▼ -0.6% $1.72 — $2.21 -11% YoY 16
Current FY $7.70 $6.81 — $8.08 13% YoY 20
Next FY $9.16 ▲ +1.3% $7.63 — $11.15 19% YoY 19

Top Institutional Holders

FundValueMove
BAKER BROS. ADVISORS LP$2.9B
BlackRock, Inc.$1.8B
DODGE & COX$1.2B
VANGUARD CAPITAL MANAGEMENT LLC$1.0B
STATE STREET CORP$907.4M

Recent Insider Trades

DateInsiderTypeValue
Jun 8, 2026High KatherineA$0.00
Jun 8, 2026BRAWLEY OTISA$0.00
Jun 8, 2026BRAWLEY OTISA$0.00
Jun 8, 2026High KatherineA$0.00
Jun 8, 2026FOUSE JACQUALYNA$0.00
50 institutional holders with $13.6B total value (144,453,628 shares) as of 2026-Q1. Top holders: BAKER, BlackRock,, DODGE. Net buying activity: 38 institutions added/increased vs 12 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1BAKER BROS. ADVISORS LP30,744,412$2.9B21.3%
2BlackRock, Inc.18,978,198$1.8B13.1%
3DODGE & COX12,252,356$1.2B8.5%
4VANGUARD CAPITAL MANAGEMENT LLC10,930,066$1.0B7.6%
5STATE STREET CORP9,641,384$907.4M6.7%
6VANGUARD PORTFOLIO MANAGEMENT LLC7,759,183$730.3M5.4%
7Invesco Ltd.3,870,764$364.3M2.7%
8RENAISSANCE TECHNOLOGIES LLC3,651,532$343.7M2.5%
9WELLINGTON MANAGEMENT GROUP LLP3,266,136$307.4M2.3%DOUBLED +341.7%
10MORGAN STANLEY2,850,328$268.3M2.0%
11ARROWSTREET CAPITAL, LIMITED PARTNERSHIP2,830,799$266.4M2.0%
12GOLDMAN SACHS GROUP INC2,351,221$221.3M1.6%
13LOS ANGELES CAPITAL MANAGEMENT LLC2,144,847$201.9M1.5%
14DIMENSIONAL FUND ADVISORS LP1,975,544$185.9M1.4%
15VICTORY CAPITAL MANAGEMENT INC1,742,870$164.0M1.2%
16CHARLES SCHWAB INVESTMENT MANAGEMENT INC1,729,102$162.7M1.2%
17Legal & General Group Plc1,543,188$145.2M1.1%
18CAISSE DE DEPOT ET PLACEMENT DU QUEBEC1,520,486$143.1M1.1%ADD +36.8%
19FIRST TRUST ADVISORS LP1,500,792$141.3M1.0%
20DEUTSCHE BANK AG\1,264,195$119.0M0.9%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
WELLINGTON MANAGEMENT GROUP LLPDOUBLED739,3783,266,136+341.7%$307.4M2026-Q1
CAISSE DE DEPOT ET PLACEMENT DU QUEBECADD1,111,1931,520,486+36.8%$143.1M2026-Q1
AustralianSuper Pty LtdADD640,7331,137,143+77.5%$107.0M2026-Q1
AmundiADD774,1861,003,969+29.7%$94.5M2026-Q1
Pictet Asset Management Holding SATRIM1,315,666916,188-30.4%$84.8M2026-Q1
FRANKLIN RESOURCES INCADD550,096693,785+26.1%$65.3M2026-Q1
Gotham Asset Management, LLCADD352,695676,670+91.9%$63.7M2026-Q1
AMERIPRISE FINANCIAL INCTRIM865,150605,474-30.0%$57.0M2026-Q1
HSBC HOLDINGS PLCDOUBLED290,255582,368+100.6%$54.8M2026-Q1
MACKENZIE FINANCIAL CORPADD410,362549,633+33.9%$51.7M2026-Q1
JUPITER ASSET MANAGEMENT LTDDOUBLED48,581482,642+893.5%$45.4M2026-Q1
PRUDENTIAL FINANCIAL INCADD286,585374,280+30.6%$35.2M2026-Q1
CAPITAL FUND MANAGEMENT S.A.DOUBLED136,343312,021+128.9%$29.4M2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUNDADD212,519297,504+40.0%$28.0M2026-Q1
Korea Investment CORPADD175,726220,926+25.7%$20.8M2026-Q1
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.TRIM323,124185,081-42.7%$17.4M2026-Q1
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am MainADD101,810183,834+80.6%$17.3M2026-Q1
FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUNDADD109,219175,469+60.7%$16.5M2026-Q1
Point72 Asset Management, L.P.NEW168,763$15.9M2026-Q1
Allianz Asset Management GmbHADD79,205135,105+70.6%$12.7M2026-Q1
DANSKE BANK A/STRIM107,57177,085-28.3%$7.3M2026-Q1
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.ADD51,00976,314+49.6%$7.2M2026-Q1
ENVESTNET ASSET MANAGEMENT INCADD40,82764,764+58.6%$6.1M2026-Q1
Mediolanum International Funds LtdADD48,07360,300+25.4%$5.4M2026-Q1
Trexquant Investment LPADD37,31557,696+54.6%$5.4M2026-Q1
15 unique insiders with 41 transactions. Net insider value: -$7.3M ($0.00 bought, $7.3M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 8, 2026High Katherine ADirectorAWARD6,111
Jun 8, 2026BRAWLEY OTIS WDirectorAWARD6,111
Jun 8, 2026BRAWLEY OTIS WDirectorAWARD1,642
Jun 8, 2026High Katherine ADirectorAWARD1,642
Jun 8, 2026FOUSE JACQUALYN ADirectorAWARD1,642
Jun 8, 2026FOUSE JACQUALYN ADirectorAWARD6,111
Jun 8, 2026BIENAIME JEAN JACQUESDirectorAWARD1,642
Jun 8, 2026BIENAIME JEAN JACQUESDirectorAWARD6,111
Jun 8, 2026Clancy Paul JDirectorAWARD1,642
Jun 8, 2026Clancy Paul JDirectorAWARD6,111
Jun 8, 2026HARRIGAN EDMUNDDirectorAWARD1,642
Jun 8, 2026HARRIGAN EDMUNDDirectorAWARD6,111
Jun 4, 2026Tray ThomasPrincipal Accounting OfficerSELL2,639$100.00$263.9K
Jun 4, 2026Tray ThomasPrincipal Accounting OfficerEXERCISE2,639$83.83$221.2K
Jun 1, 2026CAGNONI PABLO JPresident, Global Head of R&DTAX W/H25,469$95.59$2.4M
May 26, 2026BIENAIME JEAN JACQUESDirectorEXERCISE15,000$84.53$1.3M
May 26, 2026BIENAIME JEAN JACQUESDirectorTAX W/H13,059$97.10$1.3M
May 26, 2026Tray ThomasPrincipal Accounting OfficerSELL2,051$97.35$199.7K
May 19, 2026Clancy Paul JDirectorSELL15,000$94.93$1.4M
May 19, 2026Clancy Paul JDirectorEXERCISE15,000$84.53$1.3M
May 8, 2026BAKER BROS. ADVISORS LPDirectorEXERCISE15,000$84.53$1.3M
May 6, 2026Stein Steven HCMO & Head of Late-Stage Dev.AWARD44,124
May 6, 2026CAGNONI PABLO JPresident, Global Head of R&DAWARD31,517
May 4, 2026Upadhyay SuketuEVP & Chief Financial OfficerAWARD26,343
May 4, 2026Upadhyay SuketuEVP & Chief Financial OfficerAWARD38,429
May 4, 2026Upadhyay SuketuEVP & Chief Financial OfficerAWARD13,171
Apr 17, 2026CAGNONI PABLO JPresident, Global Head of R&DSELL18,667$96.50$1.8M
Apr 17, 2026CAGNONI PABLO JPresident, Global Head of R&DEXERCISE6,077$64.25$390.4K
Apr 15, 2026Stein Steven HCMO & Head of Late-Stage Dev.AWARD39,049
Apr 15, 2026CAGNONI PABLO JPresident, Global Head of R&DAWARD27,892
Apr 15, 2026Meury WilliamChief Executive OfficerEXERCISE125,000
Mar 31, 2026Clancy Paul JDirectorAWARD265$94.12$24.9K
Mar 31, 2026BAKER BROS. ADVISORS LPDirectorAWARD421
Mar 31, 2026HARRIGAN EDMUNDDirectorAWARD269$94.12$25.3K
Mar 25, 2026Trotta MatteoEVP, GM, Dermatology USTAX W/H537$92.23$49.5K
Mar 17, 2026CAGNONI PABLO JPresident, R&DEXERCISE7,166$61.18$438.4K
Mar 17, 2026CAGNONI PABLO JPresident, R&DSELL18,667$94.24$1.8M
Feb 19, 2026CAGNONI PABLO JPresident, R&DEXERCISE13,093$61.76$808.6K
Feb 19, 2026CAGNONI PABLO JPresident, R&DSELL18,668$100.91$1.9M
Feb 2, 2026Morrissey Michael JamesEVP, Head of Tech. OperationsTAX W/H185$102.67$19.0K
Feb 2, 2026Heeson LeeEVP, Head of Incyte IntlTAX W/H111$102.67$11.4K

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Hold (46% buy). Based on 35 analysts: 8 strong buy, 8 buy, 18 hold, 1 sell, 0 strong sell.

Analyst Price Targets

$109.09 mean target +0.5% upside Hold (2.41)
$71.00 Low $140.00 High
MetricValue
Current Price$108.53
Target Low$71.00
Target Mean$109.09
Target Median$105.00
Target High$140.00
# Analysts23
RecommendationHold (2.41)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$1.82 $1.51 $1.99 16.1% -0.5% 10↑ 5↓ $1.4B 12.5% 19
Next Q
2026-09-30
$2.00 $1.72 $2.21 -11.3% -0.6% 5↑ 10↓ $1.5B 6.6% 16
Current FY
2026-12-31
$7.70 $6.81 $8.08 13.2% -0.3% 15↑ 4↓ $5.6B 9.5% 20
Next FY
2027-12-31
$9.16 $7.63 $11.15 19.1% +1.3% 14↑ 6↓ $6.3B 11.4% 19

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$1.823
7d ago$1.824-0.001
30d ago$1.833-0.009
60d ago$1.772+0.051
90d ago$1.790+0.033
13 analyst firms have rated this stock: 0 upgrades, 2 downgrades, 2 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Jun 9, 2026 HC Wainwright & Co. MAINTAIN Buy Buy
May 22, 2026 Bernstein INITIATE Market Perform
May 21, 2026 HC Wainwright & Co. REITERATE Buy Buy
May 4, 2026 HC Wainwright & Co. REITERATE Buy Buy
Apr 29, 2026 Oppenheimer MAINTAIN Perform Perform
Apr 29, 2026 Stifel MAINTAIN Buy Buy
Apr 15, 2026 HC Wainwright & Co. REITERATE Buy Buy
Mar 30, 2026 HC Wainwright & Co. REITERATE Buy Buy
Mar 25, 2026 UBS MAINTAIN Neutral Neutral
Mar 25, 2026 HC Wainwright & Co. REITERATE Buy Buy
Mar 16, 2026 Jefferies DOWNGRADE Buy Hold
Mar 9, 2026 HC Wainwright & Co. REITERATE Buy Buy
Mar 5, 2026 Evercore ISI Group MAINTAIN In-Line In-Line
Feb 18, 2026 Barclays MAINTAIN Overweight Overweight
Feb 11, 2026 RBC Capital MAINTAIN Sector Perform Sector Perform
Feb 11, 2026 Stifel MAINTAIN Buy Buy
Feb 11, 2026 Wells Fargo MAINTAIN Equal-Weight Equal-Weight
Feb 11, 2026 HC Wainwright & Co. REITERATE Buy Buy
Feb 6, 2026 Piper Sandler MAINTAIN Overweight Overweight
Feb 5, 2026 HC Wainwright & Co. INITIATE Buy
Feb 4, 2026 Barclays MAINTAIN Overweight Overweight
Jan 20, 2026 Wells Fargo DOWNGRADE Overweight Equal-Weight
Jan 13, 2026 TD Cowen MAINTAIN Buy Buy
Jan 6, 2026 Morgan Stanley MAINTAIN Equal-Weight Equal-Weight

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 202688181046%
May 1, 202688161048%
Apr 1, 202688161048%
Mar 1, 202698151052%
Feb 1, 202697151050%
Jan 1, 202698141053%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

Jun 12, 2026
Clinical Trial
Safety and Efficacy of Retifanlimab (INCMGA00012) Alone or in Combination With Other Therapies in Participants With Advanced or Metastatic Endometrial Cancer Who Have Progressed on or After Platinum-based Chemotherapy.
Phase Phase 2 — COMPLETED
Jun 12, 2026
clinical_trial_readout
Results Pending: retifanlimab (Phase 2) — Completed 14d ago
Trial: Safety and Efficacy of Retifanlimab (INCMGA00012) Alone or in Combination With Other Therapies in Participants With Advanced or Metastatic Endo
Jun 12, 2026
short_volume
Short Volume: INCY — 69.8% short (0.4M / 0.6M)
Short: 421,043 | Exempt: 14,930 | TRF Vol: 603,012 | Short Ratio: 69.8% | Off-exchange volume (dark pool + OTC)
Jun 11, 2026
short_volume
Short Volume: INCY — 70.5% short (0.6M / 0.8M)
Short: 581,507 | Exempt: 15,227 | TRF Vol: 825,372 | Short Ratio: 70.5% | Off-exchange volume (dark pool + OTC)
Jun 10, 2026
short_volume
Short Volume: INCY — 75.6% short (0.9M / 1.1M)
Short: 862,819 | Exempt: 20,797 | TRF Vol: 1,140,913 | Short Ratio: 75.6% | Off-exchange volume (dark pool + OTC)
Jun 9, 2026
short_volume
Short Volume: INCY — 66.1% short (0.5M / 0.7M)
Short: 487,054 | Exempt: 1,863 | TRF Vol: 736,682 | Short Ratio: 66.1% | Off-exchange volume (dark pool + OTC)
Jun 5, 2026
short_volume
Short Volume: INCY — 73.1% short (0.8M / 1.1M)
Short: 837,346 | Exempt: 39,868 | TRF Vol: 1,145,931 | Short Ratio: 73.1% | Off-exchange volume (dark pool + OTC)
Jun 4, 2026
Clinical Trial
A Study of INCB099280 in Combination With Axitinib in Adults With Advanced Solid Tumors
Phase Phase 2 — TERMINATED
Jun 4, 2026
short_volume
Short Volume: INCY — 65.9% short (0.4M / 0.7M)
Short: 446,262 | Exempt: 9,374 | TRF Vol: 677,171 | Short Ratio: 65.9% | Off-exchange volume (dark pool + OTC)
Jun 3, 2026
Clinical Trial
Tafasitamab + Lenalidomide + R-CHOP Versus R-CHOP in Newly Diagnosed High-intermediate and High Risk DLBCL Patients
Phase Phase 3 — ACTIVE_NOT_RECRUITING
Jun 3, 2026
clinical_trial_readout
T-90d Trial Readout: Tafasitamab (Phase 3)
Trial: Tafasitamab + Lenalidomide + R-CHOP Versus R-CHOP in Newly Diagnosed High-intermediate and High Risk DLBCL Patients Sponsor: Incyte Corporation
Jun 3, 2026
short_volume
Short Volume: INCY — 74.4% short (0.7M / 0.9M)
Short: 685,478 | Exempt: 575 | TRF Vol: 921,938 | Short Ratio: 74.4% | Off-exchange volume (dark pool + OTC)
Jun 2, 2026
short_volume
Short Volume: INCY — 58.4% short (0.5M / 0.8M)
Short: 470,527 | Exempt: 1,289 | TRF Vol: 805,032 | Short Ratio: 58.4% | Off-exchange volume (dark pool + OTC)
May 31, 2026
Clinical Trial
A Phase 2 Study of Ruxolitinib With Chemotherapy in Children With Acute Lymphoblastic Leukemia
Phase Phase 2 — COMPLETED
May 31, 2026
clinical_trial_readout
Results Pending: Ruxolitinib (Phase 2) — Completed 89d ago
Trial: A Phase 2 Study of Ruxolitinib With Chemotherapy in Children With Acute Lymphoblastic Leukemia Sponsor: Incyte Corporation Phase: Phase 2 | Com
May 25, 2026
dark_pool
Dark Pool: INCY — 1.2M shares, 33,431 trades
Week starting 2026-05-25. Total ATS volume: 1,183,816 shares across 33,431 trades.
May 24, 2026
Clinical Trial
Testing the Effect of Taking Ruxolitinib and CPX-351 in Combination for the Treatment of Advanced Phase Myeloproliferative Neoplasms
Phase Phase 2 — TERMINATED
May 18, 2026
dark_pool
Dark Pool: INCY — 1.2M shares, 35,670 trades
Week starting 2026-05-18. Total ATS volume: 1,195,957 shares across 35,670 trades.
May 15, 2026
short_volume
Short Volume: INCY — 73.3% short (0.4M / 0.6M)
Short: 433,808 | Exempt: 858 | TRF Vol: 592,008 | Short Ratio: 73.3% | Off-exchange volume (dark pool + OTC)
May 13, 2026
short_volume
Short Volume: INCY — 78.1% short (0.4M / 0.5M)
Short: 391,439 | Exempt: 68 | TRF Vol: 501,485 | Short Ratio: 78.1% | Off-exchange volume (dark pool + OTC)
May 1, 2026
FDA
JAKAFI XR
Original Approval — Type 5 - New Formulation or New Manufacturer — TABLET
Apr 22, 2024
FDA
ZYNYZ
Supplemental Approval — Labeling — RETIFANLIMAB-DLWR — INJECTABLE — INTRAVENOUS