INCY

Incyte Corporation
NasdaqGSUSDEQUITY Healthcare DELAYED
Last price
112.73
▼ 1.40 (1.23%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
114.13
Prev close
114.13
Day high
114.97
Day low
111.67
Volume
2.46M
Market cap
$22.85B
P/E (TTM)
14.53
52W range
82.82 – 132.60

Day trading desk

Current session · delayed
Gap from prior close
+0.00%
Prior close 114.13
VWAP
112.97
-0.21% from price
Relative volume
2.79×
Unusually busy
Session range
3.32%
111.67 – 115.38
Position in range
29%
Near session low
ATR (14D)
3.34
2.96% of price
Prior day high
115.67
PDH
Prior day low
112.83
PDL
Bid / ask spread
—
Quote not published
Session volume
4.54M
Avg 1.63M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
-8.50% -10.4%
1M
-11.06% -12.2%
3M
-3.86% -8.4%
6M
+20.32% +2.1%
YTD
+14.13% -0.1%
1Y
+29.80% +13.4%
3Y
+95.14% +12.9%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on INCY open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
+356.19K
Net buying
Buy transactions
33
547.26K shares
Sell transactions
14
191.07K shares
Net transactions
+47
Buys less sells
Sell : buy shares
0.3 : 1
Mixed
Insider-held shares
3.74M
Total on file
Bought 547.26KSold 191.07K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Sep 15, 26
CAGNONI PABLO J
Officer
SELL 23.22K $2.80M Direct
Sep 15, 26
CAGNONI PABLO J
Officer
CONVERSION 23.22K $1.54M Direct
Aug 19, 26
CAGNONI PABLO J
Officer
SELL 10.80K $1.36M Direct
Aug 12, 26
CAGNONI PABLO J
Officer
SELL 10.80K $1.30M Direct
Aug 5, 26
MAYES PATRICK A
Officer
SELL 2.21K $273.65K Direct
Aug 5, 26
CAGNONI PABLO J
President
SELL 10.64K $1.31M Direct
Aug 5, 26
MAYES PATRICK A
Officer
CONVERSION 2.21K $234.98K Direct
Aug 3, 26
MAYES PATRICK A
Officer
SELL 47.95K $5.73M Direct
Aug 3, 26
MAYES PATRICK A
Officer
CONVERSION 45.77K $3.59M Direct
Jul 31, 26
CAGNONI PABLO J
Officer
SELL 15.89K $1.90M Direct
Jul 16, 26
ISSA MOHAMED KHAIRIE
Officer
STOCK 7.86K $0 Direct
Jul 16, 26
MAYES PATRICK A
Officer
STOCK 5.92K $0 Direct
Jul 16, 26
BASI RAMITPAL K
Officer
STOCK 4.99K $0 Direct
Jul 16, 26
GARDNER DAVID H
Officer
STOCK 7.39K $0 Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
BAKER BROS ADVISORS L.P.
Beneficial Owner of more than 10% of a Class of Security — Stock Award(Grant)
BAKER BROTHERS LIFE SCIENCES L P
Director and Beneficial Owner of more than 10% of a Class of Security — Stock Award(Grant)
CAGNONI PABLO J
Officer 183.20K Sale
HOPPENOT HERVE
Director 329.65K Sale
ISSA MOHAMED KHAIRIE
Officer 71.80K Stock Award(Grant)
IYENGAR VIJAY K
Officer 40.54K Sale
MAYES PATRICK A
Officer 61.44K Sale
MEURY WILLIAM
Chief Executive Officer 183.13K Stock Award(Grant)
STAMOULIS CHRISTIANA
Chief Financial Officer 125.76K Stock Award(Grant)
SWAIN PAULA J
Officer 106.48K Stock Award(Grant)

Fundamentals

TTM · reported
Market cap$22.85B
Enterprise value$18.35B
Revenue (TTM)$5.82B
Gross profit$3.24B
EBITDA$1.94B
Net income$1.61B
EPS (TTM)$7.76
Free cash flow$1.18B
Total cash$4.54B
Total debt$38.27M
Book value / share$31.57
Shares outstanding202.70M
Float170.41M
Short % of float8.39%
Dividend yield0.00%
Beta (5Y)0.74

Valuation & profitability ratios

Account required
Trailing P/E14.53
Forward P/E12.89
PEG ratio10.82
Price / sales—
Price / book3.57
EV / revenue3.15
EV / EBITDA9.45
Gross margin55.66%
Operating margin41.90%
Profit margin27.71%
Return on equity30.67%
Return on assets16.83%
Debt / equity0.60
Current ratio4.59
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 5 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $5.14B$4.24B$3.70B$3.39B +21.2%
Operating revenue $5.14B$4.24B$3.70B$3.39B +21.2%
Cost of revenue $372.10M$312.10M$254.99M$207.00M +19.2%
Gross profit $4.77B$3.93B$3.44B$3.19B +21.4%
Research & development $2.05B$2.61B$1.63B$1.59B -21.4%
Selling, general & admin $1.38B$1.22B$1.16B$1.00B +12.6%
Total operating expense $3.43B$3.83B$2.79B$2.60B -10.5%
Operating income $1.34B$101.29M$655.36M$591.63M +1,225.6%
Net interest income $103.17M$126.43M$155.86M$37.78M -18.4%
Pre-tax income $1.66B$316.63M$834.22M$529.12M +425.7%
Tax provision $377.80M$284.01M$236.62M$188.46M +33.0%
Net income $1.29B$32.62M$597.60M$340.66M +3,845.0%
Net income to common $1.29B$32.62M$597.60M$340.66M +3,845.0%
Basic EPS 6.590.162.671.53 +4,018.8%
Diluted EPS 6.410.152.651.52 +4,173.3%
EBIT $1.67B$318.91M$836.77M$531.78M +422.7%
EBITDA $1.76B$408.16M$919.43M$599.64M +331.2%
Basic shares 195.20M207.11M223.63M222.00M -5.7%
Diluted shares 200.70M210.53M225.93M223.96M -4.7%

Options analytics

Account required
Put / call volume
1.42
Put-heavy session
Put / call open interest
0.59
Positioning, not flow
Max pain
125.00
+10.9% from spot
ATM implied vol
51.6%
Nearest strike to spot
Skew (10% OTM)
-0.1%
Calls bid over puts
Call volume
38
Contracts, this expiry
Put volume
54
Contracts, this expiry
Heaviest call OI
140.00
677 contracts
Heaviest put OI
115.00
633 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 2.153.09 +44.0%
Mar 2026 1.341.81 +35.1%
Dec 2025 1.921.80 -6.1%
Sep 2025 1.642.26 +38.0%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter -3.63 16 $1.47B +7.9%
Next quarter 1.93 17 $1.52B +1.2%
Current year 3.29 19 $5.94B +15.5%
Next year 8.75 21 $6.25B +5.3%

Analyst targets & ownership

Account required
Mean target$128.92
High target$157.00
Low target$86.00
Implied upside14.36%
Analyst count24
ConsensusBUY
Strong buy / Buy2 / 10
Hold15
Sell / Strong sell1 / 0
Held by insiders1.85%
Held by institutions103.43%
Institutions holding1.28K
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
120.16
-6.19% from price
SMA 20
122.28
-7.81% from price
SMA 50
123.43
-8.67% from price
SMA 100
115.12
-2.08% from price
SMA 200
107.02
+5.34% from price
EMA 12
119.41
-5.60% from price
EMA 26
121.62
-7.31% from price
EMA 50
120.95
-6.79% from price
RSI (14)
30.1
Neutral
MACD (12,26,9)
-2.20
Hist -1.45
ATR (14)
3.34
2.96% of price
Realised vol 30D
25.1%
Annualised
Bollinger upper
130.53
20, 2σ
Bollinger lower
114.03
20, 2σ
50 / 200 cross
Golden
123.43 vs 107.02
Trend bias
Above 200
+5.34%

Options chain

Account required
Expiry
Spot 112.73
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
0.43
Less volatile than market
Correlation to SPY
0.17
Largely independent
Realised vol 30D
25.1%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-18.3%
Peak to trough
Max drawdown 5Y
-40.5%
Peak to trough
ATR 14
3.34
2.96% of price
Beta (reported)
0.74
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
9.98M
Prior 9.39M
Change vs prior
+6.3%
Shorts adding
% of float
8.39%
Normal
% of shares out
4.92%
Against total outstanding
Days to cover
7.6
Crowded exit
Float
170.41M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

354 on file
DateFirm ActionFromTo
Oct 5, 26 Stifel MAINTAINED Buy Buy
Oct 1, 26 Wells Fargo MAINTAINED Equal-Weight Equal-Weight
Sep 28, 26 JP Morgan MAINTAINED Neutral Neutral
Sep 28, 26 HC Wainwright & Co. MAINTAINED Buy Buy
Sep 22, 26 RBC Capital MAINTAINED Sector Perform Sector Perform
Aug 20, 26 Canaccord Genuity INITIATED — Buy
Aug 20, 26 HC Wainwright & Co. MAINTAINED Buy Buy
Aug 17, 26 Piper Sandler MAINTAINED Overweight Overweight
Aug 4, 26 Mizuho MAINTAINED Outperform Outperform
Aug 3, 26 Leerink Partners MAINTAINED Outperform Outperform
Aug 3, 26 HC Wainwright & Co. MAINTAINED Buy Buy
Jul 29, 26 RBC Capital MAINTAINED Sector Perform Sector Perform

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split2:1
Split dateSep 1, 2000

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.