$2.31
-0.05-2.12%
Pre-Market: 4:31 PM EDT
15 minutes delayed
Erasca
ERASNASDAQ
Erasca (NASDAQ:ERAS) Stock, Analyst Ratings, Price Targets, Predictions
Erasca Inc has a consensus price target of $13.7, established from looking at the 21 latest analyst ratings. The last 3 analyst ratings were released from Goldman Sachs, HC Wainwright & Co., and HC Wainwright & Co. on May 28, 2024, May 20, 2024, and May 9, 2024. With an average price target of $5.67 between Goldman Sachs, HC Wainwright & Co., and HC Wainwright & Co., there's an implied 145.31% upside for Erasca Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Goldman Sachs
HC Wainwright & Co.
Capital One
B of A Securities
Mizuho
1calculated from analyst ratings
Analyst Ratings for Erasca
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/28/2024 | Buy Now | 73.16% | Goldman Sachs | Chris Shibutani | $7 → $4 | Maintains | Buy | Get Alert |
| 05/20/2024 | Buy Now | 116.45% | HC Wainwright & Co. | Andres Maldonado | $8 → $5 | Maintains | Buy | Get Alert |
| 05/09/2024 | Buy Now | 246.32% | HC Wainwright & Co. | Andres Maldonado | → $8 | Reiterates | Buy → Buy | Get Alert |
| 04/02/2024 | Buy Now | 203.03% | Goldman Sachs | Chris Shibutani | $6 → $7 | Maintains | Buy | Get Alert |
| 03/28/2024 | Buy Now | 246.32% | HC Wainwright & Co. | Andres Maldonado | → $8 | Reiterates | Buy → Buy | Get Alert |
| 03/11/2024 | Buy Now | 246.32% | Capital One | Naureen Quibria | → $8 | Initiates | → Overweight | Get Alert |
| 01/05/2024 | Buy Now | 159.74% | B of A Securities | Alec Stranahan | $11 → $6 | Downgrade | Buy → Neutral | Get Alert |
| 11/29/2023 | Buy Now | 203.03% | Mizuho | Mara Goldstein | $8 → $7 | Maintains | Buy | Get Alert |
| 11/28/2023 | Buy Now | 246.32% | HC Wainwright & Co. | Andres Maldonado | $10 → $8 | Maintains | Buy | Get Alert |
| 10/11/2023 | Buy Now | 332.9% | HC Wainwright & Co. | Andres Maldonado | → $10 | Initiates | → Buy | Get Alert |
| 06/06/2023 | Buy Now | 376.19% | Evercore ISI Group | Josh Schimmer | $20 → $11 | Maintains | Outperform | Get Alert |
| 06/06/2023 | Buy Now | 246.32% | Mizuho | Mara Goldstein | $9 → $8 | Maintains | Buy | Get Alert |
| 05/16/2023 | Buy Now | 289.61% | Goldman Sachs | Chris Shibutani | $10 → $9 | Maintains | Buy | Get Alert |
| 03/30/2023 | Buy Now | 289.61% | Mizuho | Mara Goldstein | → $9 | Initiates | → Buy | Get Alert |
| 02/24/2023 | Buy Now | 332.9% | Goldman Sachs | Chris Shibutani | → $10 | Initiates | → Buy | Get Alert |
| 02/03/2023 | Buy Now | 549.35% | Morgan Stanley | Jeffrey Hung | → $15 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 08/10/2021 | Buy Now | 1848.05% | Evercore ISI Group | Josh Schimmer | — | Initiates | → Outperform | Get Alert |
| 08/10/2021 | Buy Now | 982.25% | Morgan Stanley | Jeffrey Hung | — | Initiates | → Equal-Weight | Get Alert |
| 08/10/2021 | Buy Now | 1112.12% | B of A Securities | — | — | Initiates | → Buy | Get Alert |
| 08/10/2021 | Buy Now | 982.25% | Guggenheim | Michael Schmidt | — | Initiates | → Buy | Get Alert |
| 08/10/2021 | Buy Now | 1112.12% | JP Morgan | Anupam Rama | — | Initiates | → Overweight | Get Alert |
FAQ
What is the target price for Erasca (ERAS) stock?
The latest price target for Erasca (NASDAQ:ERAS) was reported by Goldman Sachs on May 28, 2024. The analyst firm set a price target for $4.00 expecting ERAS to rise to within 12 months (a possible 73.16% upside). 10 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Erasca (ERAS)?
The latest analyst rating for Erasca (NASDAQ:ERAS) was provided by Goldman Sachs, and Erasca maintained their buy rating.
When was the last upgrade for Erasca (ERAS)?
The last upgrade for Erasca Inc happened on February 3, 2023 when Morgan Stanley raised their price target to $15. Morgan Stanley previously had an equal-weight for Erasca Inc.
When was the last downgrade for Erasca (ERAS)?
The last downgrade for Erasca Inc happened on January 5, 2024 when B of A Securities changed their price target from $11 to $6 for Erasca Inc.
When is the next analyst rating going to be posted or updated for Erasca (ERAS)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Erasca, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Erasca was filed on May 28, 2024 so you should expect the next rating to be made available sometime around May 28, 2025.
Is the Analyst Rating Erasca (ERAS) correct?
While ratings are subjective and will change, the latest Erasca (ERAS) rating was a maintained with a price target of $7.00 to $4.00. The current price Erasca (ERAS) is trading at is $2.31, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.