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INCY — Incyte Corp.

INCY (Incyte Corp.) stock: $125.31, $25.40B market cap, $3.98B cash, $21.42B EV, $28.39B fully diluted market cap. Next expected readout: Sep-26. Lead program: Ruxolitinib Cream (Hidradenitis Suppurativa), Phase 3. Data from Fully Diluted's biotech stocks database.

Share price
$125.31
Market cap
$25,400.1M
Cash
$3,982.4M
Enterprise value
$21,417.7M

Balance sheet

Cash$3,982.4M
Debt$0.0M
Net cash$3,982.4M
Enterprise value$21,417.7M
Basic shares201.0M shares
Fully diluted shares226.6M shares
Fully diluted market cap$28,389.0M
Cash per share$19.81

Cash figures as of 2026-06-30. Database snapshot: 2026-09-21.

Price history

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Upcoming catalysts

ExpectedDrugPhaseIndicationMgmt guide
Now - Oct 30, 2026RuxolitinibPhase 3Atopic Dermatitis
Oct 13 - Nov 24TafasitamabPhase 3Diffuse Large B-cell Lymphoma
Oct 15 - Nov 26PovorcitinibPhase 1Healthy Participants
Nov 9 - Dec 21INCB099280Phase 2Cutaneous Squamous Cell Carcinoma
Nov 11 - Dec 23INCB099280Phase 2Advanced Solid Tumor
Nov 20, 2026 - Jan 1, 2027Ruxolitinib CreamPhase 3Hidradenitis SuppurativaQ4 2026
Nov 20, 2026 - Jan 1, 2027Ruxolitinib CreamPhase 3Hidradenitis SuppurativaQ4 2026
Nov 26, 2026 - Jan 7, 2027INCB161734Phase 1Healthy Participants
Nov 30, 2026 - Jan 11, 2027PovorcitinibPhase 3Prurigo Nodularis
Nov 30, 2026 - Jan 11, 2027PovorcitinibPhase 3Prurigo Nodularis

Estimated readout windows: registry primary-completion date + 6-12 weeks. Windows already open are shown from "Now". Drug names link to ClinicalTrials.gov.

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