Its valuation is considered undervalued, Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at max_target_price.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Erasca Inc's Score
Industry at a Glance
Industry Ranking
233 / 501
Overall Ranking
414 / 4682
Industry
Biotechnology & Medical Research
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
10
analysts
Buy
Current Rating
4.889
Target Price
+46.37%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Erasca Inc Highlights
StrengthsRisks
Erasca, Inc. is a clinical-stage precision oncology company. The Company is focused on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers. The Company has assembled RAS/MAPK pathway-focused pipeline in the industry, consisting of modality-agnostic programs aligned with its three therapeutic strategies of: targeting key upstream and downstream signaling nodes in the RAS/MAPK pathway; targeting RAS directly; and targeting escape routes that emerge in response to treatment. Its pipeline includes one clinical-stage program (a pan-RAF inhibitor), two IND-enabling stage programs (a pan-RAS molecular glue and a pan-KRAS inhibitor), and an additional discovery-stage program (an EGFR D2/D3 biparatopic antibody). Its lead product candidate is naporafenib, the Company initiated its SEACRAFT-2 pivotal Phase III trial for patients with NRAS-mutated (NRASm) melanoma.
Undervalued
The company’s latest PE is -6.16, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 232.42M shares, decreasing 12.45% quarter-over-quarter.
Erasca, Inc. is a clinical-stage precision oncology company. The Company is focused on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers. The Company has assembled RAS/MAPK pathway-focused pipeline in the industry, consisting of modality-agnostic programs aligned with its three therapeutic strategies of: targeting key upstream and downstream signaling nodes in the RAS/MAPK pathway; targeting RAS directly; and targeting escape routes that emerge in response to treatment. Its pipeline includes one clinical-stage program (a pan-RAF inhibitor), two IND-enabling stage programs (a pan-RAS molecular glue and a pan-KRAS inhibitor), and an additional discovery-stage program (an EGFR D2/D3 biparatopic antibody). Its lead product candidate is naporafenib, the Company initiated its SEACRAFT-2 pivotal Phase III trial for patients with NRAS-mutated (NRASm) melanoma.
Ticker SymbolERAS
CompanyErasca Inc
CEOLim (Jonathan E)
Websitehttps://www.erasca.com/
FAQs
What is the current price of Erasca Inc (ERAS)?
The current price of Erasca Inc (ERAS) is 3.480.
What is the symbol of Erasca Inc?
The ticker symbol of Erasca Inc is ERAS.
What is the 52-week high of Erasca Inc?
The 52-week high of Erasca Inc is 3.800.
What is the 52-week low of Erasca Inc?
The 52-week low of Erasca Inc is 1.010.
What is the market capitalization of Erasca Inc?
The market capitalization of Erasca Inc is 987.32M.
What is the net income of Erasca Inc?
The net income of Erasca Inc is -161.65M.
Is Erasca Inc (ERAS) currently rated as Buy, Hold, or Sell?
According to analysts, Erasca Inc (ERAS) has an overall rating of Buy, with a price target of 4.889.
What is the Earnings Per Share (EPS TTM) of Erasca Inc (ERAS)?
The Earnings Per Share (EPS TTM) of Erasca Inc (ERAS) is -0.433.