Erasca, Inc. (ERAS)
NASDAQ: ERAS · IEX Real-Time Price · USD
2.060
0.00 (0.00%)
Mar 28, 2024, 4:00 PM EDT - Market closed
Erasca Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Erasca stock have an average target of 8.17, with a low estimate of 6.00 and a high estimate of 11. The average target predicts an increase of 296.60% from the current stock price of 2.06.
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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Hold | 0 | 0 | 0 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 5 | 5 | 5 | 6 | 6 | 6 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $8 | Strong Buy | Reiterates | $8 | +288.35% | Mar 28, 2024 |
Capital One | Capital One | Buy Initiates $8 | Buy | Initiates | $8 | +288.35% | Mar 11, 2024 |
B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $11 → $6 | Strong Buy → Hold | Downgrades | $11 → $6 | +191.26% | Jan 5, 2024 |
Mizuho | Mizuho | Strong Buy Maintains $8 → $7 | Strong Buy | Maintains | $8 → $7 | +239.81% | Nov 29, 2023 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $10 → $8 | Strong Buy | Maintains | $10 → $8 | +288.35% | Nov 28, 2023 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
n/a
EPS This Year
-0.93
from -1.99
EPS Next Year
-1.06
from -0.93
Revenue Forecast
Revenue | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|---|
High | n/a | n/a | n/a | n/a | 36.8M | 111.3M |
Avg | n/a | n/a | n/a | n/a | 35.7M | 108.1M |
Low | n/a | n/a | n/a | n/a | 34.3M | 103.9M |
Revenue Growth
Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|---|
High | - | - | - | - | - | 211.8% |
Avg | - | - | - | - | - | 202.9% |
Low | - | - | - | - | - | 191.0% |
EPS Forecast
EPS | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|---|
High | -0.86 | -0.91 | -0.88 | -0.98 | -0.92 | -0.68 |
Avg | -0.93 | -1.06 | -0.97 | -1.12 | -0.90 | -0.66 |
Low | -1.23 | -1.74 | -1.02 | -1.24 | -0.86 | -0.64 |
EPS Growth
EPS Growth | 2023 | 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.