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ERAS

Erasca, Inc.

ERAS

NASDAQ·Healthcare·Biotechnology·Mkt cap $5.6B

$18.16

+1.35%

View full research view

Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

View research view

52-Week Range

$1.33 - $24.28

P/E

-19.53

Fwd P/E

-38.80

Beta

0.73

Div Yield

0.00%

Avg Vol

7.0M

Shares Out

310.8M

Mkt Cap

$5.6B

Price action

Price chart

Up 1135.9% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Focused pipeline targeting RAS/MAPK pathway with multiple mechanistic approaches
  • Oral small-molecule formulations improving patient accessibility and compliance
  • CNS-penetrant EGFR inhibitor addressing underserved glioblastoma market
  • Experienced management team with deep oncology and RAS pathway expertise

Bear Case

1 risk

  • Low volatility (beta 0.7).

Growth

Revenue decline expected

Clinical trial progression and potential regulatory approvals for lead candidates

Value

Deep value opportunity - significant discount to Biotech & Therapeutics peers

Momentum

Stable

+0.6% over 3m

Quality

Loss-making

Mixed fundamentals

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: May 7, 2026

Q2 26 RECAP

MAY 11, 2026

Reported EPS of -$0.60 vs -$0.10 consensus (-475.3% surprise).

EPS miss

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-475.3%

Next: May 7, 2026

Revenue trend · last 8Q

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$0

$0

$0

$0

$0

$0

$0

$0

Margins · last 8Q

No margin history available.

Wall Street consensus

8 analysts · 88% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

7

88%

Hold

1

13%

Sell

0%

Median Price Target

$28.00

+54.2% vs $18.16

Low $26.00
Median $28.00
High $30.00

Latest: Bank of America · Jun 4, 2026

2 analysts covering

vs Industry

How ERAS stacks vs Biotechnology

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.