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NASDAQ: ERAS
Erasca Inc Stock Forecast, Predictions & Price Target

Analyst price target for ERAS

Based on 5 analysts offering 12 month price targets for Erasca Inc.
Min Forecast
$6.00+235.2%
Avg Forecast
$7.20+302.23%
Max Forecast
$8.00+346.93%

Should I buy or sell ERAS stock?

Based on 5 analysts offering ratings for Erasca Inc.
Buy
Strong Buy
2 analysts 40%
Buy
2 analysts 40%
Hold
1 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ERAS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-02
lockedlocked$00.00+00.00%2024-03-28
lockedlocked$00.00+00.00%2024-03-11
lockedlocked$00.00+00.00%2024-01-05
lockedlocked$00.00+00.00%2023-11-29

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Forecast return on equity

Is ERAS forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.66%

Forecast return on assets

Is ERAS forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

ERAS revenue forecast

What is ERAS's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$18.1M
Avg 2 year Forecast
$25.0M
Avg 3 year Forecast
$126.6M

ERAS vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
ERAS$1.79$7.20+302.23%Buy
BDTX$5.30$14.00+164.15%Buy
RAPT$7.93$21.00+164.82%Buy
PYXS$4.53$8.50+87.64%Strong Buy
ENTA$13.23$20.75+56.84%Hold

Erasca Stock Forecast FAQ

Is Erasca Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: ERAS) stock is to Buy ERAS stock.

Out of 5 analysts, 2 (40%) are recommending ERAS as a Strong Buy, 2 (40%) are recommending ERAS as a Buy, 1 (20%) are recommending ERAS as a Hold, 0 (0%) are recommending ERAS as a Sell, and 0 (0%) are recommending ERAS as a Strong Sell.

If you're new to stock investing, here's how to buy Erasca stock.

What is ERAS's revenue growth forecast for 2026-2028?

(NASDAQ: ERAS) Erasca's forecast annual revenue growth rate of N/A is not forecast to beat the US Biotechnology industry's average forecast revenue growth rate of 37.96%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.23%.

Erasca's revenue in 2024 is $0.On average, 1 Wall Street analysts forecast ERAS's revenue for 2026 to be $2,743,559,256, with the lowest ERAS revenue forecast at $2,743,559,256, and the highest ERAS revenue forecast at $2,743,559,256. On average, 2 Wall Street analysts forecast ERAS's revenue for 2027 to be $3,787,354,025, with the lowest ERAS revenue forecast at $2,120,918,254, and the highest ERAS revenue forecast at $5,453,789,796.

In 2028, ERAS is forecast to generate $19,174,615,958 in revenue, with the lowest revenue forecast at $16,967,346,032 and the highest revenue forecast at $21,381,885,884.

What is ERAS's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: ERAS) forecast ROA is N/A, which is lower than the forecast US Biotechnology industry average of N/A.

What is ERAS's Price Target?

According to 5 Wall Street analysts that have issued a 1 year ERAS price target, the average ERAS price target is $7.20, with the highest ERAS stock price forecast at $8.00 and the lowest ERAS stock price forecast at $6.00.

On average, Wall Street analysts predict that Erasca's share price could reach $7.20 by Apr 2, 2025. The average Erasca stock price prediction forecasts a potential upside of 302.23% from the current ERAS share price of $1.79.

What is ERAS's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: ERAS) forecast ROE is N/A, which is considered weak.
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