IncyteINCY
About: Incyte focuses on the discovery and development of small-molecule drugs. The firm's leading drug, Jakafi, treats two types of rare blood cancer and graft versus host disease and is partnered with Novartis. Incyte's other marketed drugs include rheumatoid arthritis treatment Olumiant (licensed to Lilly), and oncology drugs Iclusig (chronic myeloid leukemia), Pemazyre (cholangiocarcinoma), Tabrecta (lung cancer), and Monjuvi (diffuse large B-cell lymphoma). The firm's first dermatology product, Opzelura, was approved in 2021 for atopic dermatitis and 2022 for vitiligo. Incyte's pipeline includes a broad array of oncology and dermatology programs.
Employees: 2,617
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
57% more call options, than puts
Call options by funds: $47.5M | Put options by funds: $30.3M
16% more repeat investments, than reductions
Existing positions increased: 252 | Existing positions reduced: 217
2.83% more ownership
Funds ownership: 94.68% [Q4 2024] → 97.51% (+2.83%) [Q1 2025]
10% less first-time investments, than exits
New positions opened: 74 | Existing positions closed: 82
3% less funds holding
Funds holding: 637 [Q4 2024] → 615 (-22) [Q1 2025]
9% less capital invested
Capital invested by funds: $12.6B [Q4 2024] → $11.4B (-$1.18B) [Q1 2025]
50% less funds holding in top 10
Funds holding in top 10: 8 [Q4 2024] → 4 (-4) [Q1 2025]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
BMO Capital Evan Seigerman | 23%downside $60 | Underperform Maintained | 30 Jul 2025 |
Citigroup David Lebowitz | 33%upside $103 | Buy Maintained | 30 Jul 2025 |
Truist Securities Srikripa Devarakonda | 2%upside $79 | Hold Maintained | 30 Jul 2025 |
UBS Nicholas Holowko | 12%downside $68 | Neutral Maintained | 30 Jul 2025 |
RBC Capital Brian Abrahams | 7%downside $72 | Sector Perform Maintained | 30 Jul 2025 |
Financial journalist opinion
Based on 18 articles about INCY published over the past 30 days









