INCY

Incyte Corporation
NasdaqGSUSDEQUITY Healthcare DELAYED
Last price
127.81
▲ 0.59 (0.46%)
MARKET ·

Price

Open
127.22
Prev close
127.22
Day high
129.92
Day low
126.52
Volume
1.32M
Market cap
$25.91B
P/E (TTM)
16.28
52W range
81.09 – 132.60

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+6.37% +7.7%
1M
+9.53% +5.8%
3M
+31.21% +28.1%
6M
+26.14% +15.1%
YTD
+29.40% +17.1%
1Y
+48.27% +28.3%
3Y
+97.45% +23.3%
5Y

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

Fundamentals

TTM · reported
Market cap$25.91B
Enterprise value$21.41B
Revenue (TTM)$5.82B
Gross profit$3.24B
EBITDA$1.94B
Net income$1.61B
EPS (TTM)$7.85
Free cash flow$1.18B
Total cash$4.54B
Total debt$38.27M
Book value / share$31.57
Shares outstanding202.70M
Float170.74M
Short % of float8.62%
Dividend yield
Beta (5Y)0.77

Valuation & profitability ratios

Account required
Trailing P/E16.28
Forward P/E14.30
PEG ratio30.60
Price / sales
Price / book4.05
EV / revenue3.68
EV / EBITDA11.02
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

Annual · as reported
Last 4 fiscal years
Line item2025202420232022
Total revenue$5.14B$4.24B$3.70B$3.39B
Cost of revenue$0$0$0$0
Gross profit$0$0$0$0
R&D
SG&A
Operating income
Pre-tax income
Tax provision$0$0$0$0
Net income$1.29B$32.62M$597.60M$340.66M
EBIT$0$0$0$0

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 -3.44 15 $1.48B +8.0%
Next quarter 1.95 15 $1.53B +1.5%
Current year 3.51 17 $5.94B +15.6%
Next year 8.91 18 $6.26B +5.3%

Analyst targets & ownership

Account required
Mean target$126.04
High target$155.00
Low target$86.00
Implied upside-1.38%
Analyst count23
ConsensusBUY
Strong buy / Buy2 / 9
Hold15
Sell / Strong sell1 / 0
Held by insiders1.83%
Held by institutions103.83%
Institutions holding1.29K
Free account required

Price targets, consensus spread, insider and institutional ownership.

Insider net activity

6m · Form 4 rollup
Net shares
+368.36K
Net buying
Buy transactions
37
562.75K shares
Sell transactions
14
194.39K shares
Net transactions
+51
Buys less sells
Sell : buy shares
0.3 : 1
Mixed
Insider-held shares
3.72M
Total on file
Bought 562.75KSold 194.39K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
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
STEIN STEVEN H.
Officer
SELL 1.88K $215.35K Direct
Jul 16, 26
ISSA MOHAMED KHAIRIE
Officer
SELL 1.09K $125.71K Direct
Jul 16, 26
HOFFMAN RICHARD A
General Counsel
STOCK 7.39K $0 Direct
Jul 16, 26
TRAY THOMAS R
Officer
STOCK 2.83K $0 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
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 194.00K Sale
HOPPENOT HERVE
Director 329.65K Sale
ISSA MOHAMED KHAIRIE
Officer 71.80K Sale
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)

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
123.45
+3.53% from price
SMA 20
122.54
+4.30% from price
SMA 50
116.20
+9.99% from price
SMA 100
106.72
+19.76% from price
SMA 200
103.65
+23.31% from price
EMA 12
123.82
+3.22% from price
EMA 26
120.99
+5.64% from price
EMA 50
116.53
+9.68% from price
RSI (14)
65.4
Neutral
MACD (12,26,9)
2.83
Hist 0.38
ATR (14)
3.50
2.74% of price
Realised vol 30D
35.5%
Annualised
Bollinger upper
129.61
20, 2σ
Bollinger lower
115.46
20, 2σ
50 / 200 cross
Golden
116.20 vs 103.65
Trend bias
Above 200
+23.31%

Risk profile

Daily returns · 1Y window
Beta vs SPY
0.41
Less volatile than market
Correlation to SPY
0.16
Largely independent
Realised vol 30D
35.5%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-18.3%
Peak to trough
Max drawdown 5Y
-40.5%
Peak to trough
ATR 14
3.50
2.74% of price
Beta (reported)
0.77
5Y monthly, from filing

Unusual options activity

Account required
Flagged1
Total notional$58.80K
Call notional$58.80K
Put notional$0
Tiltcall-weighted
Likely opening1 of 1
SideStrikeExpiryVolumeOpen int. Vol / OINotionalIV PrintScore
CALL 140.00 Sep 18, 26
27d
490 132 3.7× $58.80K 42% mid
63
How this is calculated, and what it cannot see

A contract is flagged when today's volume approaches or exceeds its open interest, the position is worth at least $40,000, and at least 150 contracts changed hands. Open interest is what was outstanding at yesterday's close, so volume above it means the flow cannot all be closing — something is being opened.

The score weights four things: volume against open interest, dollar notional, volume against the rest of that chain, and where the last print sat inside the bid/ask spread.

What it cannot see. Volume here is a daily total, so ten small orders and one large one are indistinguishable — this is not block or sweep detection, which needs exchange-level time and sales. The print column compares the last trade to the current quote, which is a proxy for who was the aggressor, not a tagged flag. Quotes are delayed. A single large trade can be a hedge, a roll, or one leg of a spread, and none of those mean what a naked directional bet would mean.

Free account required

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

Options analytics

Account required
Put / call volume
0.09
Call-heavy session
Put / call open interest
2.67
Positioning, not flow
Max pain
110.00
-13.9% from spot
ATM implied vol
36.7%
Nearest strike to spot
Skew (10% OTM)
+6.7%
Puts bid over calls
Call volume
673
Contracts, this expiry
Put volume
61
Contracts, this expiry
Heaviest call OI
130.00
1.08K contracts
Heaviest put OI
100.00
5.01K 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.

Options chain

Account required
ExpirySpot 127.81
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.

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.