Erasca, Inc. (ERAS)
NASDAQ: ERAS · Real-Time Price · USD
2.700
+0.100 (3.85%)
Nov 22, 2024, 4:00 PM EST - Market closed
Erasca Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Erasca stock have an average target of 6.08, with a low estimate of 3.50 and a high estimate of 8.00. The average target predicts an increase of 125.19% from the current stock price of 2.70.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Erasca stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 4 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 5 | 5 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Initiates $6 | Strong Buy | Initiates | $6 | +122.22% | Nov 18, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $6 | Strong Buy | Reiterates | $6 | +122.22% | Nov 13, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $3 → $3.5 | Strong Buy | Maintains | $3 → $3.5 | +29.63% | Oct 25, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $6 | Strong Buy | Reiterates | $6 | +122.22% | Oct 25, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $4 → $3 | Strong Buy | Maintains | $4 → $3 | +11.11% | Aug 14, 2024 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
833.48K
EPS This Year
-0.86
from -0.83
EPS Next Year
-0.76
from -0.86
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | n/a | 6.0M | n/a | ||
| Avg | n/a | 833,483 | n/a | ||
| Low | n/a | n/a | n/a |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.74 | -0.58 | -0.56 | ||
| Avg | -0.86 | -0.76 | -0.73 | ||
| Low | -0.99 | -0.99 | -0.79 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.