Incyte Stock On Fire: Up 17% With 5-Day Winning Streak

INCY: Incyte logo
INCY
Incyte

Incyte (INCY) stock hit day 5 of a continuous streak of days with gains, with cumulative gains over this period amounting to a 17% return. The company has gained about $3.0 Bil in value over the last 5 days, with its current market capitalization at about $21 Bil. The stock remains 53.0% above its value at the end of 2024. This compares with year-to-date returns of 15.6% for the S&P 500.

INCY provides discovery, development, and commercialization of proprietary therapeutics, including clinical-stage drugs targeting chronic graft-versus-host disease and various cancers. After this rally, is INCY still a buy – or is it time to lock in gains? Deep dive with Buy or Sell INCY.

A single stock can be risky, but there is a huge value to a broader, diversified approach we take with the Trefis High Quality Portfolio. Separately, consider what the long-term performance for your portfolio could be if you combined 10% commodities, 10% gold, and 2% crypto with equities.

Comparing INCY Stock Returns With The S&P 500

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The following table summarizes the return for INCY stock vs. the S&P 500 index over different periods, including the current streak:
 

Return Period INCY S&P 500
1D 2.7% 0.4%
5D (Current Streak) 17.2% -1.4%
1M (21D) 21.3% 1.2%
3M (63D) 35.2% 7.2%
YTD 2025 53.0% 15.6%
2024 10.0% 23.3%
2023 -21.8% 24.2%
2022 9.4% -19.4%

 
What is the point? Momentum often precedes conviction. A multi-day win streak can signal growing investor confidence or spark follow-on buying. Tracking such trends can help you ride the strength, or prepare for a well-timed entry if momentum fades. However, big gains can follow sharp reversals – but how has INCY behaved after prior drops? See INCY Dip Buyer Analysis to learn more.

Gains and Losses Streaks: S&P 500 Constituents

There are currently 41 S&P constituents with 3 days or more of consecutive gains and 62 constituents with 3 days or more of consecutive losses.
 

Consecutive Days # of Gainers # of Losers
3D 27 44
4D 3 8
5D 11 2
6D 0 3
7D or more 0 5
Total >=3 D 41 62

 
 
Key Financials for Incyte (INCY)

Last 2 Fiscal Years:

Metric FY2023 FY2024
Revenues $3.7 Bil $4.2 Bil
Operating Income $649.7 Mil $101.3 Mil
Net Income $597.6 Mil $32.6 Mil

Last 2 Fiscal Quarters:

Metric 2025 FQ2 2025 FQ3
Revenues $1.2 Bil $1.4 Bil
Operating Income $310.8 Mil $431.3 Mil
Net Income $405.0 Mil $424.2 Mil

 
While INCY stock looks attractive given its winning streak, investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.