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

The latest price target for Incyte (NASDAQ: INCY) was reported by TD Cowen on May 1, 2024. The analyst firm set a price target for $80.00 expecting INCY to rise to within 12 months (a possible 51.40% upside). 45 analyst firms have reported ratings in the last year.

The latest analyst rating for Incyte (NASDAQ: INCY) was provided by TD Cowen, and Incyte maintained their buy rating.

The last upgrade for Incyte Corp happened on December 13, 2023 when Leerink Partners raised their price target to $78. Leerink Partners previously had a market perform for Incyte Corp.

The last downgrade for Incyte Corp happened on February 14, 2024 when JMP Securities changed their price target from N/A to N/A for Incyte Corp.

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 May 1, 2024 so you should expect the next rating to be made available sometime around May 1, 2025.

While ratings are subjective and will change, the latest Incyte (INCY) rating was a maintained with a price target of $88.00 to $80.00. The current price Incyte (INCY) is trading at is $52.84, which is out of the analyst’s predicted range.