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Incyte Shares Drop 8% Post-Earnings: Analysts Target $104 Amid 2026 Guidance Concerns
Incyte (INCY) stock dropped 8% after reporting mixed Q4 2025 results, with revenue beating estimates but EPS missing expectations and 2026 Opzelura sales guidance falling short. Analysts have set a price target of $104 amid concerns about future margins and growth, despite strong overall revenue growth in 2025. The company faces patent risks and rising costs but is supported by a strong cash position and ongoing late-stage trials.