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Erasca (ERAS): analyst forecast and price target

$13.39 −9.95% close 16.10.26 · market cap $5.2B · Healthcare · Biotechnology IWM 0.11%
Price targets and ratings of

Analyst consensus

Strong Buy

5 Buy1 Hold0 Sell

Ratings of 6 analysts in the last 3 months · top analysts only

12-month forecast

$24.83+85.5% upside

Based on 6 price targets given in the last 3 months, the average target is $24.83, the highest $33.00, the lowest $21.00. The average is +85.5% from the last price of $13.39.

$10.00$20.00$30.00Jan 26AprJulOctJan 27AprJulOctHigh$33.00Average$24.83Low$21.00
Highest target $33.00 Average target $24.83 Lowest target $21.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Anupam Rama★★★★★★★★★★#291 · hits 54% · avg +23.3% J.P. Morgan $33.00 Buy +146.5% Reiterated 01.09.26on TipRanks Sep 2 08:05 −5.6%next day −2.8% · 5 days −6.4%
Alec Stranahan★★★★★★★★★★#1533 · hits 52% · avg +8.4% Bank of America Securities $20.00 Hold +49.4% Reiterated 26.08.26on TipRanks Aug 25 07:13 +0.6%next day +7.8% · 5 days −5.1%
Sean Laaman★★★★★★★★★★#446 · hits 67% · avg +17.2% Morgan Stanley $21.00 Hold +56.8% Assigned 17.08.26on TipRanks 08:55 −0.1%next day −0.3% · 5 days −2.5%
Laura Prendergast★★★★★★★★★★#345 · hits 76% · avg +52.4% Stifel Nicolaus $30.00 Buy +124.0% Reiterated 17.08.26on TipRanks 07:07 −0.1%next day −0.3% · 5 days −2.5%
Michael Schmidt★★★★★★★★★★#126 · hits 58% · avg +31.7% Guggenheim $20.00 → $21.00+5.0% Buy +56.8% Reiterated 12.08.26on TipRanks Aug 13 07:10 +1.2%next day −4.6% · 5 days −2.3%
Kelsey Goodwin★★★★★★★★★★#203 · hits 68% · avg +62.4% Piper Sandler $22.00 Buy +64.3% Reiterated 12.08.26on TipRanks 07:05 +1.2%next day −4.6% · 5 days −2.3%
Andres Y. Maldonado★★★★★★★★★★#149 · hits 58% · avg +42.1% H.C. Wainwright $20.00 → $22.00+10.0% Buy +64.3% Reiterated 12.08.26on TipRanks 06:25 +1.2%next day −4.6% · 5 days −2.3%
Maury Raycroft★★★★★★★★★★#1326 · hits 44% · avg +12.0% Jefferies $21.00 → $24.00+14.3% Buy +79.2% Assigned 14.07.26on TipRanks 16:05 +8.6%next day −10.0% · 5 days −7.3%
Jonathan Miller★★★★★★★★★★#10361 · hits 41% · avg −3.3% Evercore ISI $11.00 → $24.00+118.2% Buy +79.2% Reiterated 28.04.26on TipRanks 09:25 −47.8%next day −8.0% · 5 days −0.8%
Kaveri Pohlman★★★★★★★★★★#1640 · hits 40% · avg +12.9% Clear Street $11.00 → $20.00+81.8% Buy +49.4% Assigned 06.03.26on TipRanks Mar 5 17:25 +0.9%next day +1.0% · 5 days −10.5%
Graig Suvannavejh★★★★★★★★★★#381 · hits 48% · avg +21.6% Mizuho Securities $4.00 → $5.00+25.0% Buy −62.7% Reiterated 09.12.25on TipRanks 11:00 −1.1%next day −1.9% · 5 days +7.3%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering Erasca

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Laura Prendergast★★★★★★★★★★Stifel Nicolaus · #345
Hits 76%47 of 62 Average return +52.4%
1 year Laura Prendergast★★★★★★★★★★Stifel Nicolaus · #345
Hits 76%47 of 62 Average return +52.4%
2 years Andres Y. Maldonado★★★★★★★★★★H.C. Wainwright · #149
Hits 58%158 of 274 Average return +42.1%

Most profitable

3 months Laura Prendergast★★★★★★★★★★Stifel Nicolaus · #345
Hits 76%47 of 62 Average return +52.4%
1 year Andres Y. Maldonado★★★★★★★★★★H.C. Wainwright · #149
Hits 58%158 of 274 Average return +42.1%
2 years Andres Y. Maldonado★★★★★★★★★★H.C. Wainwright · #149
Hits 58%158 of 274 Average return +42.1%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $24.12 at a price of $14.66 (+64.6%); now: $24.14 at $13.39 (+80.3%).

$15.00$20.00$25.00Sep 15Oct 1Oct 15Top analysts$24.83Average target$24.14Price$13.39

PriceAverage targetTop analysts’ target

Recommendation trend · top analysts

0102031Oct 255Nov6Dec752Jan 26362Feb5113Mar681Apr1281May103Jun741Jul372Aug373Sep342Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy12107333
Buy834774
Hold101232
Sell000000

Earnings and sales forecast

Next report: 11.11.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $-0.13 (from $-0.14 to $-0.09). Last quarter: $-0.14.

Best top-analyst consensus in the sector · Healthcare

AXGNAxoGen
MDWDMediwound
OCULOcular Therapeutix
OVIDOvid Therapeutics
ZYMEZymeworks
About Erasca
  • CEO: Jonathan E. Lim
  • Employees: 103
  • 3115 Merryfield Row, San Diego, CA, 92121, US
  • www.erasca.com

Erasca, Inc. is a biopharmaceutical company in the clinical development stage, primarily focused on identifying, advancing, and commercializing therapeutic solutions for malignancies propelled by the RAS/MAPK pathway. The firm's pipeline features several key experimental drugs: ERAS-007, an orally administered ERK1/2 inhibitor designed to address non-small cell lung cancer, colorectal cancer, and acute myeloid leukemia; and ERAS-601, an oral SHP2 inhibitor targeting patients with advanced or metastatic solid tumors. Additionally, Erasca is progressing ERAS-801, an EGFR inhibitor capable of penetrating the central nervous system, intended for recurrent glioblastoma multiforme. The company was founded in 2018 and maintains its headquarters in San Diego, California.

Data from the stock’s TipRanks forecast page, read 14 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗