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
Target Low Average Median High
Price $6.00 $8.17 $8.00 $11
Change +191.26% +296.60% +288.35% +433.98%

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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 333333
Buy 222222
Hold 000111
Sell 000000
Strong Sell 000000
Total 555666

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
Hold
Downgrades
$11$6
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
More Analyst Ratings

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
Year 2019202020212022202320242025202620272028
Revenue
--------35.70M108.12M
Revenue Growth
---------202.86%
EPS
-0.61-4.83-1.85-1.99-0.93-1.06-0.97-1.12-0.90-0.66
EPS Growth
----------
No. Analysts ----998433
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202320242025202620272028
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 202320242025202620272028
High - - - - -
211.8%
Avg - - - - -
202.9%
Low - - - - -
191.0%

EPS Forecast

EPS 202320242025202620272028
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 202320242025202620272028
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.