INCY Earnings Predictions — 2026-07-28

Ticker Report or Guide KPI Prediction Answer Confidence
INCY Report 2Q26 GAAP diluted EPS BEAT pred ~$2.66 vs. cons $2.43 HIGH
INCY Report 2Q26 Opzelura net sales BEAT pred ~$421M vs. cons $407M MEDIUM
INCY Report 2Q26 Jakafi net sales BEAT pred ~$815M vs. cons $802M MEDIUM
INCY Guide FY2026 total net-sales guidance BETTER guide ~$5.03B vs. cons $4.96B (FY2026) MEDIUM
INCY Guide FY2026 Opzelura net-sales guidance BETTER guide ~$870M vs. cons $845M (FY2026) HIGH
INCY Guide FY2026 Jakafi net-sales guidance UNCHANGED guide ~$3.25B vs. cons $3.25B (FY2026) MEDIUM
INCY Guide FY2026 Hematology and Oncology net-sales guidance UNCHANGED guide ~$840M vs. cons $842M (FY2026) MEDIUM
INCY Guide FY2026 non-GAAP R&D plus SG&A guidance UNCHANGED guide ~$3.29B vs. cons $3.30B (FY2026) MEDIUM
INCY Return Day-1 residual (stock − beta × S&P 500) +3.5% MEDIUM
INCY Return 5-day cumulative residual +5.5% (FOLLOW-THROUGH) A ~$25M FY2026 Opzelura-guide lift versus consensus and a ~$0.23B one-time 2Q26 earnings benefit should drive FY2026-FY2027 EPS revisions higher; durable gross-to-net relief, rather than the ~$246M accounting reversal alone, supports follow-through. MEDIUM