Equites Radar

ERAS · Erasca, Inc.

BiotechnologyUnited StatesAnalyst view: Buy

$19.34

-2.59% last session

End-of-day data · updated 2026-07-25

Mildly bullish3 bullish · 1 bearish technical signals
Consensus: Buy (1.60 from 10 analysts)
To mean target: +17.9%

Market cap

$7B

Enterprise value

$6B

Trailing P/E

Forward P/E

-34.6

Dividend yield

Beta

0.66

Avg volume

7M

Employees

0K

2D change

-1.19%

5D change

1.54%

10D change

-10.11%

30D change

27.83%

60D change

66.17%

MTD change

6.64%

YTD change

413.71%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)1.60
Covering analysts10
Mean price target$22.80
Low price target$18.00
Upside to mean target+17.9%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)56.4
50-day MA$15.18
200-day MA$10.51
Price vs 50-day MA+24.1%
Price vs 200-day MA+79.3%
MACD histogram-0.18
Volume vs 3-month avg0.2×
52w low $1.3952w high $22.47

Analyst sentiment over time — ERAS

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-07-20

Latest call per bank · past 12 months

Morgan Stanley

Equal-Weight

$21.00

+8.6% vs price
▲ raised from $12.00Maintains · 2026-07-20

Bank of America

Neutral

$18.00

-6.9% vs price
▲ raised from $16.00Maintains · 2026-07-14

JP Morgan

Overweight

$25.00

+29.3% vs price
▲ raised from $24.00Maintains · 2026-03-18

Recent rating actions

DateFirmActionRatingPrice target
2026-07-20Morgan StanleyMaintainsEqual-Weight$12.00 $21.00
2026-07-14Bank of AmericaMaintainsNeutral$16.00 $18.00
2026-06-04Bank of AmericaUpgradeUnderperformNeutral$9.00 $16.00
2026-05-12MizuhoMaintainsOutperform$28.00 $26.00
2026-04-27StifelMaintainsBuy$20.00 $30.00
2026-03-18JP MorganMaintainsOverweight$24.00 $25.00
2026-03-16GuggenheimMaintainsBuy$12.00 $20.00
2026-03-13Piper SandlerMaintainsOverweight$11.00 $18.00

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-07-27

  • RSI (14): RSI is 56 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 24.1% above the 50-day MA ($15.18).
  • Price vs 200-day MA: Trading 79.3% above the 200-day MA ($10.51).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is negative (-0.18) — short-term momentum is fading.
  • 52-week range: Price sits between the 52-week low ($1.39) and high ($22.47).

ERAS Price Chart

Loading chart for ERAS

Fundamentals

Revenue (TTM)
EBITDA$0M
Free cash flow$0M
Operating cash flow$0M
Book value / share$1.27
Net debt / EBITDA1.5
WACC9.0%
Revenue growth
Earnings growth

About Erasca, Inc.

Erasca, Inc., a clinical-stage precision oncology company, focuses on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers. The company's product pipeline includes ERAS-0015, a pan-RAS molecular glue for the treatment of patients with RAS-mutated solid tumors; ERAS-4001, a pan-KRAS inhibitor for the treatment of patients with KRAS-mutated solid tumors; and ERAS-12, an investigational EGFR D2/D3 biparatopic antibody (bpAb) for the treatment of EGFR and RAS/MAPK solid tumors. It has license agreement with Guangzhou Joyo Pharmatech Co., Ltd to develop, manufacture, and commercialize certain pan-RAS inhibitors; Medshine Discovery Inc. to develop, manufacture, and commercialize certain pan-KRAS inhibitors; Novartis Pharma AG to develop, manufacture, use, and commercialize naporafenib; NiKang Therapeutics, Inc. to develop and commercialize ERAS-601 and certain other related compounds; and Asana BioSciences, LLC to develop and commercialize ERAS-007 and certain other related compounds. The company has a clinical trial collaboration and supply agreement with Tango Therapeutics, Inc. for the evaluation of ERAS-0015. Erasca, Inc. was incorporated in 2018 and is headquartered in San Diego, California.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.