Erasca, Inc. (ERAS)
NASDAQ: ERAS · IEX Real-Time Price · USD
1.99
-0.26 (-11.38%)
Nov 28, 2023, 4:00 PM EST - Market closed
Erasca Stock Forecast
ERAS's stock price has decreased by -66.77% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
According to 5 stock analysts, the average 12-month stock price forecast for Erasca stock is $10.2, which predicts an increase of 413.85%. The lowest target is $8.00 and the highest is $15. On average, analysts rate Erasca stock as a strong buy.
Analyst Consensus: Strong Buy
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 | Jun '23 | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $10 → $8 | Strong Buy | Maintains | $10 → $8 | +303.02% | Nov 28, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Initiates $10 | Strong Buy | Initiates | $10 | +403.78% | Oct 11, 2023 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $20 → $11 | Buy | Maintains | $20 → $11 | +454.16% | Jun 6, 2023 |
| Mizuho | Mizuho | Strong Buy Maintains $9 → $8 | Strong Buy | Maintains | $9 → $8 | +303.02% | Jun 6, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $10 → $9 | Strong Buy | Maintains | $10 → $9 | +353.40% | May 16, 2023 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
n/a
EPS This Year
-0.97
from -1.99
EPS Next Year
-1.13
from -0.97
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | n/a | n/a | n/a | 190.4M |
| Avg | n/a | n/a | n/a | 184.9M |
| Low | n/a | n/a | n/a | 177.7M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | - | - | - | - |
| Avg | - | - | - | - |
| Low | - | - | - | - |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | -0.86 | -0.99 | -0.92 | -1.37 |
| Avg | -0.97 | -1.13 | -1.03 | -1.33 |
| Low | -1.30 | -1.84 | -1.16 | -1.27 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 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.