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NASDAQ:ERAS

Erasca (ERAS) Stock Price, News & Analysis

Erasca logo
$18.03 -1.46 (-7.49%)
As of 08/28/2026 04:00 PM Eastern

About Erasca Stock (NASDAQ:ERAS)

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Key Stats

Today's Range
$18.00
$19.59
50-Day Range
$14.95
$21.26
52-Week Range
$1.33
$24.28
Volume
2.89 million shs
Average Volume
3.16 million shs
Market Capitalization
$6.31 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
51st Percentile Overall Score

ERAS MarketRank™: 

Erasca scored higher than 51% of companies evaluated by MarketBeat, and ranked 553rd out of 913 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 22.5% upside from its current price of $18.03.

  • 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 ($0.49) to ($0.61) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Erasca is -18.98, 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 -18.98, 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 17.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Erasca's valuation and earnings.
  • Percentage of Shares Shorted

    10.28% 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 10.01, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Erasca has recently increased by 2.98%, indicating that investor sentiment is decreasing.
  • 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 1.19. 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 higher news sentiment than the 0.96 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for Erasca this week, compared to 9 articles on an average week.
  • Search Interest

    4 people have searched for ERAS on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • MarketBeat Follows

    5 people have added Erasca to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 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.
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ERAS Stock News Headlines

Erasca Wins FDA Fast Track for Pancreatic Therapy
The cat is out the bag
Almost 80,000 tech jobs vanished in the first three months of 2026. Meta cut 14,000 roles, Microsoft offered separation packages to 8,500 workers, and Oracle is reportedly eliminating up to 30,000 positions. Goldman Sachs estimates 12,400 Americans are being financially displaced every single day. Analyst Porter Stansberry says the real driver runs deeper than AI - and two Nobel Prize winners have issued the same warning. He calls it the Final Displacement, and he's releasing a full investigation with specific companies to buy and sell before the next wave hits.tc pixel
Erasca (ERAS) Gets a Hold from Bank of America Securities
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 on January 1st, 2026. Since then, ERAS stock has increased by 384.7% and is now trading at $18.03.

Erasca, Inc. (NASDAQ:ERAS) released its earnings results on Tuesday, August, 11th. 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 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 Frazier Life Sciences Management L.P. (7.14%), BlackRock Inc. (6.80%), ARCH Venture Management LLC (2.03%) and California State Teachers Retirement System (0.92%). 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
8/11/2026
Today
8/30/2026
Next Earnings (Estimated)
11/11/2026
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
+22.5%
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
$1.03 per share
Price / Book
17.50

Miscellaneous

Outstanding Shares
349,760,000
Free Float
300,096,000
Market Cap
$6.31 billion
Optionable
Optionable
Beta
0.66

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This page (NASDAQ:ERAS) was last updated on 8/30/2026 by MarketBeat.com Staff.
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