Erasca, Inc. ERAS

14.25 (0.27) (1.86%) as of 25 Sep
Market cap
$5.1B
P/E
0.0×

Insider Decisions

Total sells 2.28
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — 1 — 1 1 — — — — —
Insider Ownership 20.61%

Capital & Financial Ratios

Market Cap 5,080.00
Revenue —
Net Income (287.22)
Free Cash Flow (252.08)
Net Debt (268.74)
Current Ratio 8.29
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 0.00
P/B ratio 12.26
Past 5Y EPS Growth (46.86%)
This Y EPS Growth (121.20%)
Next Y EPS Growth 36.24%
Next 5Y EPS Growth (20.83%)
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 312 298 276 269
Receivables — — — —
Inventory — — — —
Other — — — —
321 309 286 278
2023 2024 2025 Q'26
Payables 2 0 1 2
ST’ Debt — — — —
Other — — — —
26 31 29 34
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% (7.57%)

Revenue

Year
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (27) (27) — — —
’25 (32) (21) (22) (22) (95)
’24 (33) (29) (22) (25) (109)
’23 (26) (26) (24) (25) (101)
’22 (26) (27) (24) (26) (103)
’21 (16) (18) (23) (22) (80)
’20 (6) (12) (7) (13) (33)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (177) (27) — — —
’25 (32) (26) (26) (22) (105)
’24 (33) (52) (22) (25) (132)
’23 (48) (26) (24) (25) (123)
’22 (35) (32) (26) (27) (120)
’21 (22) (19) (30) (28) (98)
’20 (6) (31) (8) (13) (71)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.60) (0.14) — — —
’25 (0.11) (0.12) (0.11) (0.10) (0.44)
’24 (0.23) (0.29) (0.11) (0.11) (0.69)
’23 (0.22) (0.21) (0.20) (0.20) (0.83)
’22 (0.31) (0.30) (0.29) (1.06) (1.99)
’21 (0.81) (1.20) (0.46) (0.26) (1.85)
’20 (0.20) (0.26) (0.50) — (4.83)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — 11.87 3.85 1.51 1.64 1.01

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — 24.47 15.71 4.60 3.45 3.80
High Price
— — — — — 123 129 126 103 103
Employees
— — — — — 0 0 0 0 0
Revenue/Emp
— — — — — — — — — —
Revenue
— — — 0.00% 0.00% 0.00% 0.00% — — —
Gross Margin
— — — (12) (102) (123) (243) (125) (162) (125)
EBT
— — — 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBT Margin
— 0 — (12) (102) (123) (243) (125) (162) (125)
Net Income
— — — 0 1 1 2 (3) (6) (2)
Depreciation
— — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Revenue/Sh
— — — (0.10) (4.83) (1.85) (1.99) (0.83) (0.69) (0.44)
Earnings/Sh
— — — (0.09) (1.55) (1.20) (0.85) (0.67) (0.47) (0.34)
Cash Flow/Sh
— — — 0.00 (1.84) (0.28) (0.14) (0.14) (0.10) (0.03)
Capex/Sh
— — — (0.09) (3.39) (1.49) (0.98) (0.82) (0.56) (0.37)
Free CF/Sh
— — — 0.42 (5.42) 6.89 3.38 2.11 1.81 1.15
Book Value/Sh
— — — 119 21 66 122 150 234 284
Shares
— — — — — — — — — —
PE Ratio
— — — — — — — — — —
PS Ratio
— — — — — — — — — —
PB Ratio
— — — — — — — — — —
EV/Sales
— — — — — — — — — —
EV/FCF
— — — (10) (33) (80) (103) (101) (109) (95)
Op' Cash Flow
— — — (1) (39) (19) (17) (22) (23) (10)
Capex
— — — (10) (71) (98) (120) (123) (132) (105)
FCF
— — — 48 106 394 396 295 277 258
Working Cap'
— — — 4 3 19 55 — — —
Total Debt
— — — (47) (119) (414) (436) (312) (298) (276)
Net Debt
— — — 50 (114) 457 412 317 423 325
Sh' Equity
— — — (43.38%) (112.74%) (39.21%) (47.78%) (27.48%) (36.01%) (27.72%)
ROA
— — — 0.00% 0.00% (185.60%) 0.00% (2,039.97%) (89.66%) (179.37%)
ROIC
— — — 18.87% 159.36% (71.68%) (55.92%) (34.33%) (43.68%) (33.27%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Erasca, Inc. (ERAS) key facts

  • Erasca, Inc. (ERAS) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • As of September 25, 2026, ERAS traded at $14.25, a market capitalization of $5.1 billion.
  • Return on equity was −33.3% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Erasca, Inc. (ERAS) Latest News

News by impact score

Fine-tune

4 Sep

4

FDA grants Fast Track designation to Erasca's pancreatic cancer program, elevating it as the company's central focus with accelerated regulatory review and development path. FDA Fast Track accelerates Erasca's pancreatic candidate development and review, directly strengthening its market trajectory and investor appeal.

24 Aug

4

Erasca, Inc. received FDA Fast Track Designation for Pan-RAS Molecular Glue ERAS-0015 in patients with metastatic pancreatic adenocarcinoma. FDA Fast Track Designation accelerates regulatory timelines for ERAS-0015 and strengthens Erasca's development path in pancreatic cancer.

11 Aug

3

Erasca, Inc. released second quarter 2026 business updates and financial results. Quarterly financial results and updates may shift investor views on operations and cash position.

15 Jul

4

Erasca (ERAS) stock rises 6.2% after advancing ERAS-0015 toward registration trials in RAS cancers. Advancing ERAS-0015 into registration trials marks major clinical progress that can drive valuation and investor interest.

3

Erasca trial update draws fresh investor focus, prompting questions on whether current valuation already reflects all upside. Trial data can shift near-term sentiment and pipeline perception but rarely resets long-term company trajectory on its own.

14 Jul

4

Erasca (ERAS) shares surge 8.9% after reporting encouraging results from its cancer trials. Positive cancer trial data directly advances Erasca's core drug pipeline and lifts investor outlook.

13 Jul

4

Erasca announced updated preliminary Phase 1 data for ERAS-0015, a pan-RAS molecular glue, and registration-enabling plans targeting KRAS-mutant solid tumors. Positive Phase 1 data update plus registration plans for lead asset ERAS-0015 represent major pipeline progress capable of shifting company trajectory and sentiment.

3

Erasca priced an upsized public offering of common stock. Upsized public stock offering raises capital but dilutes existing shares and typically pressures near-term stock price.

3

Erasca, Inc. (ERAS) announced a proposed public offering of $500 million of common stock. Proposed offering raises capital for operations but dilutes shares and pressures stock price.

2 Jul

3

TNGX stock outlook depends on Vopimetostat progress along with major catalysts anticipated in 2026. Vopimetostat development and 2026 catalysts are expected to moderately influence future trajectory and investor views.

23 Jun

4

VS-7375 exhibits clinical activity with favorable safety in TARGET-D 101 Phase 1/2 trial for advanced KRAS G12D-mutated solid tumors. Positive early-stage data for VS-7375 advances Erasca's core KRAS oncology pipeline and investor outlook.

11 Jun

4

Erasca receives encouraging expert feedback on ERAS-0015 clinical trials. Positive expert feedback on ERAS-0015 trials advances drug development prospects and lifts market performance.

8 Jun

4

Erasca (ERAS) shares fell 13.4% after an IP challenge targeting ERAS-0015 trade secrets and patents. Direct IP challenge against core asset ERAS-0015 risks product pipeline and competitive positioning.

5 Jun

3

Erasca Inc. advances commercial collaborations that strengthen its operational reach and build market confidence in long-term growth. Commercial collaborations signal moderately positive strategic progress for Erasca without evidence of immediate transformative financial or pipeline shifts.

4 Jun

3

Erasca's early RAS data supports clinical activity resulting in more balanced outlook per BofA. Early positive RAS data noted by BofA indicates moderate effects on Erasca prospects.

29 May

4

Fund places $189 million bet on Erasca as shares surge 800%. Major fund investment combined with 800% share surge signals strong market validation and capital inflow that can materially boost company trajectory.

25 May

4

Patent dispute challenges Erasca's ERAS-0015 development and places the company's investment case under increased scrutiny. Patent dispute directly threatens viability of core asset ERAS-0015 and Erasca's market trajectory.

17 May

4

Erasca stock surged 715% as one biotech fund bought an additional $68 million stake in the company. Major new investment after 715% stock rise signals sustained institutional confidence that can drive further valuation gains and pipeline support.

16 May

4

Erasca presented strong ERAS-0015 lung cancer trial data and outlined FDA regulatory path at BofA conference. Promising ERAS-0015 results plus defined FDA path signal major advancement for lead oncology candidate.

14 May

3

A fund placed a $75 million bet on Erasca, Inc. (ERAS), a hair loss biotech stock that surged more than 500% since its IPO. Major fund's $75M investment highlights strong post-IPO momentum in ERAS, likely influencing investor sentiment and short-to-medium term market performance.

3

A hedge fund boosted its position by $29 million in Erasca, Inc. (ERAS), a cancer stock that has already risen 700%. Hedge fund's $29 million addition to ERAS stake amid 700% gains signals confidence, likely lifting investor sentiment and short-term performance moderately.

12 May

4

Merck expands KEYTRUDA collaborations, partnering with Erasca (ERAS) among others, to counter impending patent expiry pressures. Merck's KEYTRUDA collaboration expansion provides Erasca major validation, pipeline acceleration, and revenue potential amid competitive oncology landscape.

3

Erasca (ERAS) reported wider losses, prompting mixed investor reactions tempered by early efficacy signs in its oncology pipeline. Wider losses signal financial strain, but early oncology pipeline efficacy hints at potential breakthroughs with moderate net impact.

11 May

4

Erasca announces clinical trial collaboration and supply agreement with Merck to evaluate ERAS-0015 in combination with KEYTRUDA (pembrolizumab). Partnership with Merck on Keytruda combination trial validates ERAS-0015 and boosts Erasca's oncology pipeline prospects.

3

Erasca, Inc. (ERAS) reported first quarter 2026 business updates and financial results. Quarterly business updates and financial results affect financial performance and investor sentiment.

10 May

3

JPMorgan recommends buying Erasca (ERAS) stock at current levels. JPMorgan's buy recommendation could noticeably boost investor sentiment and ERAS short-term market performance.

7 May

3

Erasca evaluates progress in ERAS-0015 clinical trial amid legal challenges and valuation uncertainties. ERAS-0015 trial advancements provide moderate upside tempered by legal risks and valuation concerns.

5 May

4

Erasca, Inc. (ERAS) announced positive preliminary Phase 1 data for ERAS-0015, its pan-RAS molecular glue, showing promising safety, tolerability, and early efficacy signals in patients with advanced solid tumors harboring RAS mutations. Positive Phase 1 data for pan-RAS molecular glue ERAS-0015 validates early clinical proof-of-concept, advancing Erasca's oncology pipeline and likely driving significant investor sentiment and stock performance.

30 Apr

4

Erasca Inc. (ERAS) stock recouped a 16.9% gain amid surging optimism for its cancer treatment pipeline developments. 16.9% stock surge on cancer treatment optimism signals major positive shift in investor sentiment and competitive positioning.

4

Erasca CEO confident company's drug will surpass unprecedented pancreatic cancer results, highlighting strong potential in tough treatment area. CEO's bold claim on drug outperforming pancreatic cancer benchmarks indicates major pipeline advancement with high investor impact.

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