Erasca, Inc. (ERAS)
NASDAQ: ERAS · IEX Real-Time Price · USD
2.320
-0.120 (-4.92%)
At close: Jul 2, 2024, 4:00 PM
2.330
+0.010 (0.43%)
After-hours: Jul 2, 2024, 4:47 PM EDT
Erasca Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Erasca stock have an average target of 6.00, with a low estimate of 4.00 and a high estimate of 8.00. The average target predicts an increase of 158.62% from the current stock price of 2.32.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 28, 2024.
Analyst Ratings
The average analyst rating for Erasca stock from 5 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
Buy | 2 | 2 | 2 | 2 | 2 | 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 | 6 | 6 | 6 | 5 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Goldman Sachs | Goldman Sachs | Strong Buy Maintains $7 → $4 | Strong Buy | Maintains | $7 → $4 | +72.41% | May 28, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $8 → $5 | Strong Buy | Maintains | $8 → $5 | +115.52% | May 20, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +244.83% | May 9, 2024 |
Goldman Sachs | Goldman Sachs | Strong Buy Maintains $6 → $7 | Strong Buy | Maintains | $6 → $7 | +201.72% | Apr 2, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +244.83% | Mar 28, 2024 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
n/a
EPS This Year
-0.79
from -0.83
EPS Next Year
-0.81
from -0.79
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | n/a | n/a | n/a | 28.4M | 148.2M |
Avg | n/a | n/a | n/a | 19.1M | 107.7M |
Low | n/a | n/a | n/a | 13.7M | 77.0M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | - | - | - | - | 675.9% |
Avg | - | - | - | - | 463.8% |
Low | - | - | - | - | 303.2% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -0.64 | -0.59 | -0.60 | -0.65 | -0.48 |
Avg | -0.79 | -0.81 | -0.81 | -0.77 | -0.67 |
Low | -1.01 | -1.27 | -1.20 | -0.86 | -0.83 |
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.