Erasca Inc [ERAS] stock prices are down -3.73% to $1.55 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ERAS shares have gain 8.39% over the last week, with a monthly amount glided 4.73%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Erasca Inc [NASDAQ: ERAS] stock has seen the most recent analyst activity on September 03, 2025, when BofA Securities downgraded its rating to a Underperform. Previously, Morgan Stanley downgraded its rating to Equal-Weight on August 18, 2025, and kept the price target unchanged to $2. On March 26, 2025, Raymond James initiated with a Outperform rating and assigned a price target of $5 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $6 on November 18, 2024. CapitalOne initiated its recommendation with a Overweight and recommended $8 as its price target on March 11, 2024. BofA Securities downgraded its rating to Neutral for this stock on January 05, 2024, and downed its price target to $6. In a note dated October 11, 2023, H.C. Wainwright initiated an Buy rating and provided a target price of $10 on this stock.
The stock price of Erasca Inc [ERAS] has been fluctuating between $1.01 and $3.31 over the past year. Currently, Wall Street analysts expect the stock to reach $4 within the next 12 months. Erasca Inc [NASDAQ: ERAS] shares were valued at $1.55 at the most recent close of the market. An investor can expect a potential return of 158.06% based on the average ERAS price forecast.
Analyzing the ERAS fundamentals
Gross Profit Margin for this corporation currently stands at -0.08% with Operating Profit Margin at -34.96%, Pretax Profit Margin comes in at -30.57%, and Net Profit Margin reading is -30.57%. To continue investigating profitability, this company’s Return on Assets is posted at -0.29, Equity is -0.31 and Total Capital is -0.35. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.13.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.5167 points at the first support level, and at 1.4833 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.6067, and for the 2nd resistance point, it is at 1.6633.
Ratios To Look Out For
It’s worth pointing out that Erasca Inc [NASDAQ:ERAS]’s Current Ratio is 11.04. Further, the Quick Ratio stands at 11.04, while the Cash Ratio is 2.35.
Transactions by insiders
Recent insider trading involved Erasca Foundation, Erasca Foundation, that happened on Aug 15 ’25 when 8333.0 shares were purchased. Affiliate, Erasca Foundation completed a deal on Jul 15 ’25 to buy 8333.0 shares. Meanwhile, Affiliate Erasca Foundation bought 8333.0 shares on Jun 16 ’25.