Incyte Corp. (INCY) Stock Forecast & Predictions

Incyte Corp. INCY: $84.57

1801 Augustine Cut off, Wilmington, Delaware, US. | Sector: Professional, Scientific, and Technical Services | Exchange: NASDAQ/NGS (GLOBAL SELECT MARKET) | Web: https://www.incyte.com/

  • Market Cap$18.18B
  • Change (52 Weeks)-17.32%
  • Low (52 Weeks)$75.52
  • Incyte Corp. (INCY) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 6.25% are on Buy, 43.75% on Sell, and 50.00% Neutral.

    According to the market data, Incyte Corp. (INCY) stock price is $84.57 and the 52 weeks low is $75.52, which means the Incyte Corp. stock price is down -17.32% in the last 12 months.

    Incyte Corp. (INCY) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 6.25% are indicating that INCY Stock price might rise further, 43.75% indicating that INCY Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall INCY stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Incyte Corp. (INCY) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Incyte Corp. (INCY) is based on 26 Institutional Analyst Ratings where 34.62% are on Strong Buy, 26.92% on Moderate Buy, 34.62% remains on Hold, 0.00% are on Moderate Sell and 3.85% are on Strong Sell.

    Out of 26 Institutional Analysts, majority recommended INCY stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Incyte Corp..

    Incyte Corp. (INCY) Stock Price Prediction By Analysts


    HighLowAverage
    $142.80$70.70$107.04
    $107.0426.57% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for INCY set by the institutional analysts is $107.04 where High Estimate is $142.80, Median $104.55 and Low $70.70.

    The average price target for INCY by Institutional Analysts is $107.04, which is 26.57% Upside from the current price. So according to the Institutional Analysts, INCY Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Incyte Corp. (INCY) Stock Forecast Based on News Sentiment


    Neutral
    Based on 9 articles published Last Week, where 50.00% are Bullish and 50.00% are Bearish.

    According to the news articles published last week, journalists and bloggers had a mixed sentiment of INCY consisting of positive and negative, it shows that Incyte Corp. had a neutral news coverage.

    Neutral news coverage usually doesn't affect short-term price of a stock, so INCY stock price most likey won't have any reaction to last weeks news coverage.

    Incyte Corp. (INCY) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Morgan StanleyEqual-WeightMaintained
    SVB LeerinkUnderperformDowngraded
    Morgan StanleyEqual-WeightMaintained
    Truist SecuritiesBuyInitiated
    Morgan StanleyEqual-WeightMaintained
    BMO CapitalMarket PerformMaintained
    B of A SecuritiesBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseNeutralMaintained
    BMO CapitalMarket PerformMaintained
    SVB LeerinkMarket PerformMaintained
    RBC CapitalSector PerformMaintained
    Credit SuisseNeutralMaintained
    BenchmarkHoldInitiated
    Cantor FitzgeraldNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    JP MorganNeutralDowngraded
    BMO CapitalMarket PerformMaintained
    Morgan StanleyEqual-WeightDowngraded
    OppenheimerOutperformMaintained
    OppenheimerOutperformMaintained
    Morgan StanleyOverweightUpgraded
    Credit SuisseNeutralMaintained
    Cantor FitzgeraldNeutralMaintained
    JMP SecuritiesOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    OppenheimerOutperformMaintained
    MizuhoNeutralDowngraded
    JMP SecuritiesMarket OutperformMaintained
    Goldman SachsBuyMaintained
    Credit SuisseNeutralMaintained
    Cantor FitzgeraldNeutralMaintained
    BMO CapitalMarket PerformMaintained
    Guggenheim SecuritiesNeutralDowngraded
    MizuhoBuyInitiated
    JMP SecuritiesMarket OutperformMaintained
    BMO CapitalMarket PerformInitiated
    OppenheimerOutperformUpgraded
    NomuraBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseNeutralInitiated
    BarclaysEqual-WeightDowngraded
    Stifel NicolausHoldInitiated
    RBC CapitalSector PerformDowngraded
    ArgusBuyMaintained
    William BlairOutperformUpgraded
    Gabelli & Co.BuyUpgraded
    UBSNeutralDowngraded
    GuggenheimBuyUpgraded
    Cantor FitzgeraldNeutralMaintained
    Cantor FitzgeraldNeutralInitiated
    Leerink SwannMarket PerformInitiated
    RBC CapitalOutperformUpgraded
    JMP SecuritiesMarket PerformDowngraded
    OppenheimerPerformMaintained
    Morgan StanleyEqual-WeightDowngraded
    RBC CapitalSector PerformDowngraded
    Evercore ISI GroupOutperformUpgraded
    JP MorganOverweightMaintained
    UBSBuyUpgraded
    Morgan StanleyOverweightMaintained
    JP MorganOverweightMaintained
    Credit SuisseOutperformMaintained
    William BlairMarket PerformDowngraded
    GuggenheimNeutralDowngraded
    BarclaysOverweightMaintained
    RBC CapitalOutperformUpgraded
    Deutsche BankHoldInitiated
    BMO CapitalOutperformMaintained
    BMO CapitalOutperformMaintained
    RBC CapitalSector PerformInitiated
    Raymond JamesOutperformUpgraded
    BMO CapitalOutperformMaintained
    Evercore ISI GroupIn-LineInitiated
    BarclaysOverweightMaintained
    OppenheimerMarket PerformInitiated
    PiperJaffrayNeutralDowngraded
    Gabelli & Co.BuyInitiated
    Raymond JamesMarket PerformDowngraded
    UBSNeutralInitiated
    NomuraBuyInitiated
    JMP SecuritiesMarket OutperformMaintained
    JefferiesHoldMaintained
    Leerink SwannOutperformMaintained
    Raymond JamesOutperformUpgraded
    ArgusBuyMaintained
    BarclaysOverweightMaintained
    SunTrust Robinson HumphreyBuyInitiated
    RBC CapitalOutperformInitiated
    BMO CapitalOutperformInitiated
    Morgan StanleyOverweightInitiated
    Leerink SwannOutperformMaintained
    OppenheimerOutperformMaintained
    Brean CapitalBuyMaintained
    BarclaysOverweightMaintained
    JP MorganOverweightMaintained
    JefferiesBuyMaintained
    Credit SuisseOutperformInitiated
    Raymond JamesMarket PerformInitiated
    Goldman SachsBuyInitiated
    Leerink SwannOutperformMaintained
    JefferiesBuyMaintained
    JefferiesBuyInitiated
    BarclaysOverweightInitiated
    JMP SecuritiesMarket OutperformMaintained
    Bank of AmericaBuyInitiated
    JMP SecuritiesMarket OutperformMaintained
    OppenheimerOutperformMaintained
    JMP SecuritiesMarket OutperformMaintained
    Goldman SachsNeutralUpgraded
    SunTrust Robinson HumphreyBuyInitiated
    NomuraBuyMaintained
    Leerink SwannOutperformInitiated
    NomuraBuyMaintained
    NomuraBuyInitiated
    BarclaysEqual-WeightMaintained
    JefferiesBuyMaintained
    UBSBuyMaintained
    OppenheimerOutperformMaintained
    JefferiesBuyMaintained
    BarclaysEqual-WeightMaintained
    Morgan StanleyUnderweightDowngraded
    LazardBuyUpgraded
    JefferiesBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Bank of AmericaBuyMaintained
    Bank of AmericaBuyMaintained
    Bank of AmericaBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    Goldman SachsBuyUpgraded
    UBSBuyMaintained
    JP MorganOverweightMaintained
    Canaccord GenuityBuyMaintained
    Brean CapitalBuyMaintained
    Bank of AmericaBuyMaintained
    Canaccord GenuityBuyInitiated
    Morgan StanleyEqual-WeightDowngraded
    Brean CapitalBuyMaintained

    Incyte Corp. (INCY) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.789
    The average consensus EPS for INCY is $0.789 with a high estimate of $1.018 and Low of $0.657 for the period 2021-06-30 and based on 17 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.23$0.76491842020-09-30


    The latest average Earning Per Share Estimate for Incyte Corp. is $0.79, which is higher than INCY's last EPS, $0.23. This means that Analysts are expecting Incyte Corp. to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Incyte Corp..

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.23$0.76491842020-09-30
    $1.24$0.884852020-06-30
    $-2.86$0.62559660000000012020-03-31
    $0.65$0.58335839999999992019-12-31
    $0.82$0.65877722019-09-30
    $0.75$0.49206842019-06-30
    $0.62$0.41114162019-03-31
    $0.4$0.4731272018-12-31
    $0.38$0.41091722018-09-30
    $0.26$0.3514412018-06-30
    $-0.01$0.03820922018-03-31
    $-0.71$-0.454012200000000032017-12-31
    $0.08$0.07142017-09-30
    $-0.06$-0.048452017-06-30
    $-0.68$-1.02068342017-03-31
    $0.05$0.12945842016-12-31
    $0.19$-0.01296422016-09-30
    $0.19$-0.01767662016-06-30
    $0.12$0.170482800000000022016-03-31
    $0.29$0.08865842015-12-31
    $-0.22$-0.413824200000000032015-09-30
    $-0.09$-0.115596600000000012015-06-30
    $-0.11$-0.10121462015-03-31
    $-0.22$-0.07565342014-12-31
    $0.33$0.00549782014-09-30
    $-0.22$-0.03909662014-06-30
    $-0.21$-0.185642014-03-31
    $-0.15$-0.10928282013-12-31
    $-0.14$-0.13181462013-09-30
    $0.05$0.08395622013-06-30
    $-0.12$-0.198512399999999982013-03-31
    $0.14$-0.01955342012-12-31
    $-0.17$-0.21504662012-09-30
    $0.03$0.00339662012-06-30
    $-0.36$-0.46555862012-03-31
    $-0.44$-0.40071722011-12-31
    $-0.42$-0.457541400000000042011-09-30
    $-0.41$-0.367883399999999972011-06-30
    $-0.33$-0.32214662011-03-31
    $0.24$0.19209662010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).