Incyte

INCY · NASDAQ · USD

$117.14Change from previous close: −3.47%Absolute change: −$4.21

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$23.74B
Enterprise value
$19.25B
P/E (trailing 12 months)
14.9
Forward P/E
13.3
PEG
10.8
Price/book
3.71
Price/sales
4.08
EV/EBITDA
9.91
EV/revenue
3.31

Profitability and growth

Gross margin
55.7%
Operating margin
41.9%
Net margin
27.7%
ROE
30.7%
ROA
16.8%
Revenue growth (year over year)
37.7%
Earnings growth (year over year)
37.7%

Financial health

Total cash
$4.54B
Total debt
$38.27M
Debt/equity
0.01
Current ratio
4.59
Quick ratio
4.31

Dividends

Payout ratio
0.0%

Analysts and estimates

Average price target
$128.48
Median price target
$130.00
High price target
$155.00
Low price target
$86.00
Analysts with a price target
23
Consensus
Buy
Forward EPS
$8.81
EPS estimate, current year
$3.42

Shares and trading

Beta
0.77
Average volume
1.59M
Shares outstanding
202.7M
Float
170.73M
Institutional ownership
103.4%
Insider ownership
1.8%
Short interest (% of float)
8.4%
Short ratio (days)
7.62