Go Pro
NASDAQ:ERAS

Erasca (ERAS) Stock Price, News & Analysis

Erasca logo
$18.28 -0.10 (-0.54%)
As of 08/17/2026 04:00 PM Eastern

About Erasca Stock (NASDAQ:ERAS)

Advanced

Key Stats

Today's Range
$18.01
$18.72
50-Day Range
$13.37
$21.26
52-Week Range
$1.33
$24.28
Volume
2.22 million shs
Average Volume
3.27 million shs
Market Capitalization
$6.39 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$22.09
Consensus Rating
Moderate Buy

Company Overview

Erasca, Inc. is a clinical‐stage biopharmaceutical company dedicated to the discovery and development of precision medicines for patients with cancer. The company focuses on small molecule therapeutics that target critical signaling pathways involved in tumor growth and survival, with a primary emphasis on inhibitors of the MAPK pathway. Erasca’s approach is designed to deliver oral, targeted therapies that address both oncogene‐driven and immuno‐oncology indications, aiming to improve outcomes for patients with unmet medical needs.

Erasca’s pipeline comprises multiple development candidates, including small molecule inhibitors engineered to disrupt key nodes in cancer cell signaling. Among these are selective RAF dimer inhibitors and pan‐RAF inhibitors, which are being evaluated in various solid tumors harboring KRAS and BRAF mutations. The company employs a translational research strategy that integrates preclinical modeling, biomarker identification and early clinical proof‐of‐concept studies, enabling efficient progression of assets from the lab to first‐in‐human trials.

Headquartered in San Diego, California, Erasca conducts its research and development activities in collaboration with leading academic institutions and clinical sites across North America and Europe. By leveraging a global network of investigators and trial centers, the company advances its candidates through multi‐site clinical studies, gathering data on safety, pharmacokinetics and preliminary efficacy in diverse patient populations.

Founded in 2016, Erasca is led by Jack Bailey, Chief Executive Officer, who brings more than two decades of experience in oncology research and drug development. The company’s leadership team combines expertise in medicinal chemistry, translational biology and clinical operations, positioning Erasca to advance its mission of delivering innovative cancer therapies to patients worldwide.

AI Generated. May Contain Errors.

Erasca Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
49th Percentile Overall Score

ERAS MarketRank™: 

Erasca scored higher than 49% of companies evaluated by MarketBeat, and ranked 563rd out of 912 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Erasca has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on no strong buy ratings, 8 buy ratings, 2 hold ratings, and 1 sell rating.

  • Upside Potential

    Erasca has a consensus price target of $22.09, representing about 20.8% upside from its current price of $18.28.

  • Amount of Analyst Coverage

    Erasca has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Erasca's stock forecast and price target.
  • Earnings Growth

    Earnings for Erasca are expected to decrease in the coming year, from ($0.47) to ($0.57) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Erasca is -19.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Erasca is -19.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Erasca has a P/B Ratio of 17.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    11.23% of the float of Erasca has been sold short.
  • Short Interest Ratio / Days to Cover

    Erasca has a short interest ratio ("days to cover") of 7.27.
  • Change versus previous month

    Short interest in Erasca has recently decreased by 2.64%, indicating that investor sentiment is improving.
  • Dividend Yield

    Erasca does not currently pay a dividend.

  • Dividend Growth

    Erasca does not have a long track record of dividend growth.

  • News Sentiment

    Erasca has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 24 news articles for Erasca this week, compared to 9 articles on an average week.
  • Search Interest

    Only 5 people have searched for ERAS on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.
  • MarketBeat Follows

    5 people have added Erasca to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Erasca insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    14.20% of the stock of Erasca is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    67.78% of the stock of Erasca is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Erasca's insider trading history.
Receive ERAS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Erasca and its competitors with MarketBeat's FREE daily newsletter.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

ERAS Stock News Headlines

Erasca (NASDAQ:ERAS) Price Target Raised to $20.00
Erasca (ERAS) Gets a Hold from Bank of America Securities
Did you see the WSJ on 8-9?
On August 9, the Wall Street Journal profiled a unique AI strategy used by three companies. Whitney Tilson of Stansberry Research says one of them has returned more than Apple, Amazon, and the S&P 500 index combined in recent years. One well-known Wall Street money manager reportedly has roughly half his entire fund in this stock. Tilson's free write-up names the company and ticker, with no subscription required.tc pixel
HC Wainwright Comments on Erasca's Q3 Earnings (NASDAQ:ERAS)
HC Wainwright Increases Erasca (NASDAQ:ERAS) Price Target to $22.00
Erasca Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
See More Headlines

ERAS Stock Analysis - Frequently Asked Questions

Erasca's stock was trading at $3.72 at the beginning of 2026. Since then, ERAS shares have increased by 391.4% and is now trading at $18.28.

Erasca, Inc. (NASDAQ:ERAS) posted its quarterly earnings data on Wednesday, August, 12th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by $0.03.

Erasca (ERAS) raised $281 million in an initial public offering (IPO) on Wednesday, July 14th 2021. The company issued 18,750,000 shares at a price of $14.00-$16.00 per share.

Top institutional investors of Erasca include BlackRock Inc. (6.80%), ARCH Venture Management LLC (2.03%), Bank of America Corp DE (0.87%) and Assenagon Asset Management S.A. (0.26%). Insiders that own company stock include Jonathan E Lim, Alexander W Casdin, Ebun Garner, Valerie Denise Harding Start and Shannon Morris.
View institutional ownership trends
.

Shares of ERAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Erasca investors own include Waste Connections (WCN), The RMR Group (RMR), AUO (AUOTY), American Water Works (AWK), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

Last Earnings
8/12/2026
Today
8/17/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Biotechnology
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:ERAS
CIK
1761918
Fax
N/A
Employees
120
Year Founded
2018

Price Target and Rating

High Price Target
$30.00
Low Price Target
$16.00
Potential Upside/Downside
+20.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
11 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.95)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$124.55 million
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
-38.43%
Return on Assets
-32.05%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
8.29
Quick Ratio
8.29

Sales & Book Value

Annual Sales
N/A
Price / Sales
N/A
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$1.05 per share
Price / Book
17.41

Miscellaneous

Outstanding Shares
349,760,000
Free Float
300,096,000
Market Cap
$6.39 billion
Optionable
Optionable
Beta
0.66

Social Links

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead. This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.

Get This Free Report

This page (NASDAQ:ERAS) was last updated on 8/18/2026 by MarketBeat.com Staff.
From Our Partners