INCY

Stock

Incyte Corporation

Worth a look

Bigger than its usual dip. Not yet rare.

Incyte Corporation is 22.4% off its high — deeper than its 14.9% average pullback, but it has been through 45 drawdowns before. Not historically significant yet — we'll say so if that changes.

Price $118.52 · as of Jul 9, 2026All-time high $152.66Drawdown -22.4%Severity Score™ 3.3
🟡

Elevated

Current Drawdown

-22.4%

Days in Drawdown

3403

Avg Max Drawdown

14.9%

Avg Length

187

Drawdown Severity Score™

3.3

INCY - Price & High Water Mark

INCY - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 8, 2026 · updated daily

Where today's valuation sits within INCY's own multi-year range. A lower percentile means today's ratio is lower than more of its past readings. This is context, not a recommendation.

Price to Sales

4.5xBelow Typical · 16th percentile
Low: 2.6xMedian: 13.2xHigh: 337.8x

20 years of daily history

98.7% below its highest Price to Sales reading · 5.9x typical multiple drawdown · high date March 1, 2010

Price to Sales history

EV to EBITDA

13.6xHistorically Low · 8th percentile
Low: 10.1xMedian: 49.3xHigh: 100130.9x

15 years of daily history

100.0% below its highest EV to EBITDA reading · 6.8x typical multiple drawdown · high date August 30, 2017

EV to EBITDA history · log scale

How we measure valuation

Incyte Corporation (INCY) Analysis: Current Drawdown Insights

Incyte Corporation is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-09, the stock is trading at $118.52, which represents a 22.4% decline from its all-time high of $152.66. This drawdown has persisted for 3403 days.

Based on its full tracked price history, Incyte Corporation typically experiences drawdowns averaging 14.9% in depth, with an average duration of 187 days. Incyte Corporation has gone through 45 total drawdown events in its tracked history. The largest drawdown on record for Incyte Corporation was 98.5%, beginning in 2000. The longest drawdown duration on record was 6221 days.

The Drawdown Severity Score™ for Incyte Corporation currently stands at 3.29. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 3.0 and 5.0 indicates an elevated drawdown that's larger than this asset's historical averages.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Incyte Corporation's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 45 tracked pullbacks (45 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2017-03-15Ongoing3403 days-22.4%$152.66$118.52n/a
2017-03-142017-03-152 days-0.0%$151.03$150.96$152.66
2000-02-282017-03-106221 days-98.5%$140.25$2.05$149.24
2000-02-182000-02-258 days-18.5%$138.06$112.53$140.25
2000-02-112000-02-155 days-4.0%$95.05$91.28$97.72
2000-01-242000-02-0917 days-30.2%$78.56$54.88$79.50
2000-01-142000-01-196 days-5.2%$68.63$65.03$69.94
2000-01-112000-01-133 days-6.6%$55.13$51.50$68.63
2000-01-052000-01-073 days-10.7%$46.63$41.66$52.19
1999-12-282000-01-037 days-5.2%$31.56$29.92$44.83
1998-02-051999-12-23687 days-67.1%$25.19$8.28$25.78
1998-01-211998-02-0213 days-5.1%$22.52$21.38$23.50
1998-01-021998-01-2019 days-20.0%$22.50$18.00$22.52
1997-10-061997-12-3187 days-28.4%$22.13$15.84$22.50
1997-09-251997-09-262 days-0.2%$20.28$20.25$20.31
1997-09-231997-09-242 days-0.6%$20.28$20.16$20.28
1997-02-201997-09-15207 days-42.0%$18.31$10.63$18.66
1997-02-141997-02-196 days-3.1%$18.06$17.50$18.31
1997-01-221997-02-1323 days-9.3%$17.44$15.81$18.06
1997-01-021997-01-032 days-1.0%$12.88$12.75$13.50
1996-12-241996-12-318 days-1.7%$12.66$12.44$12.88
1996-12-201996-12-234 days-1.2%$12.66$12.50$12.66
1996-10-021996-12-1979 days-27.5%$12.59$9.13$12.66
1996-09-231996-09-308 days-7.7%$12.19$11.25$12.38
1996-08-231996-09-1726 days-14.5%$10.81$9.25$11.38
1996-08-121996-08-2211 days-6.7%$10.72$10.00$10.81
1996-07-101996-08-0830 days-13.0%$10.34$9.00$10.44
1996-07-021996-07-087 days-4.5%$9.81$9.38$10.16
1996-02-011996-07-01151 days-37.8%$9.75$6.06$9.81
1996-01-261996-01-294 days-3.7%$9.31$8.97$9.38
1996-01-221996-01-232 days-0.9%$8.38$8.30$8.56
1996-01-121996-01-165 days-0.9%$7.16$7.09$7.28
1996-01-031996-01-119 days-9.3%$7.03$6.38$7.16
1995-12-271995-12-282 days-1.6%$6.00$5.91$6.03
1995-09-181995-12-26100 days-30.2%$6.00$4.19$6.00
1995-09-131995-09-142 days-2.1%$5.94$5.81$5.97
1995-08-291995-09-069 days-2.8%$5.53$5.38$5.59
1995-02-211995-08-24184 days-28.4%$4.84$3.47$5.03
1995-01-171995-02-1530 days-5.6%$3.91$3.69$4.25
1994-12-231995-01-1625 days-16.0%$3.91$3.28$3.91
1994-12-061994-12-2116 days-15.4%$3.84$3.25$3.88
1994-02-151994-12-01290 days-38.9%$2.81$1.72$2.91
1994-02-111994-02-144 days-2.2%$2.81$2.75$2.81
1994-02-011994-02-099 days-10.1%$2.78$2.50$2.78
1993-12-031994-01-2655 days-20.5%$2.59$2.06$2.63
1993-11-171993-12-0216 days-10.3%$2.44$2.19$2.59

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Incyte Corporation (INCY) is trading at $118.52 as of Jul 9, 2026. It is 22.4% below its high of $152.66. The drawdown has lasted 3,403 days. Severity score: 3.3 (Elevated).

INCY Price History and Drawdown Data

Latest price

$118.52

High-water mark

$152.66

Current drawdown

-22.4%

Days in drawdown

3,403

This INCY page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Incyte Corporation drawdowns.

What History Says About INCY

Incyte Corporation has dropped 25%+ from its high 10 times in its tracked history. These events lasted an average of 802 days with an average max drop of -42.9%.

The current drawdown of -22.4% has lasted 3,403 days, which is 4.2x the average duration of comparable events.

PeriodMax DropDuration
Feb 2000 to Mar 2017-98.5%6221 days
Feb 1998 to Dec 1999-67.1%687 days
Feb 1997 to Sep 1997-42.0%207 days
Feb 1994 to Dec 1994-38.9%290 days
Feb 1996 to Jul 1996-37.8%151 days
Sep 1995 to Dec 1995-30.2%100 days

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