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ERAS

Erasca, Inc.distress 4/10 · elevated risk
$18.91-3%today-16% from 52w high
erasca.com103 employeesFounded 2018San Diego, CABiotechnology
Oncology 4
Lead: RAS-mutant solid tumors · target ERK
Revenue
pre-revenue
Liquidity
$409M
Runway
4.5 yrs
Shares 1y
+10%

Price & events

+83.7% over 6M
$9.11$15.79$22.47Jan 26Apr 26Jul 2651.3Mdilution: 424B5 offering (2026-07-14)dilution: 424B5 offering (2026-07-13)dilution: S-3ASR shelf_registration (2026-07-13)dilution: 424B5 offering (2026-01-22)catalyst: PHASE1 ERAS-0015 (2026-06-30) — click to opencatalyst: PHASE1 ERAS-0015 (2026-05-15) — click to opencatalyst: PHASE1 ERAS-0015 (2026-04-27) — click to opencatalyst: PHASE1 ERAS-601, Cetuximab, Pembrolizumab (2026-02-01) — click to openrating: Morgan Stanley: Equal-Weight (2026-07-20)rating: B of A Securities: Neutral (2026-07-14)rating: B of A Securities: Underperform → Neutral (2026-06-04)rating: Mizuho: Outperform (2026-05-12)rating: Stifel: Buy (2026-04-27)rating: JP Morgan: Overweight (2026-03-18)rating: Guggenheim: Buy (2026-03-16)rating: Piper Sandler: Overweight (2026-03-13)
CatalystRating changeDilutionFinancingdashed = today
-3.1%
1D
-0.6%
1W
+25.4%
1M
-15.9%
3M
+89.8%
6M
+1005.6%
1Y
+504.0%
2Y
-1.1%
5Y
+8.5%
All

Overview

Market Cap
$5.88B
Volume
508.09K
52 Week Range
$1.39 – $22.47
Total Shares
310.98M
Float Shares
247.63M
Short %
11.66%
% Held by Insiders
10.66%
% Held by Institutions
93.59%
RVOL
0.09x
Beta
0.67

Pipeline stages · 2 programs

ERAS-4001, ERAS-4001 in combination
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2026-11-01
Naporafenib, Dacarbazine, Temozolomide
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2028-04

Pipeline · 8 trials · 4 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2026-11-01
Estimated 50%
readout ~2026-12-16
Phase 1/2ERAS-007, ERAS-601Advanced or Metastatic Solid Tumorsactive not recruiting
2028-04
Estimated 50%
readout ~2028-06-15
Phase 3Naporafenib, Dacarbazine, Temozolomidefast trackAdvanced or Metastatic NRAS-mutant Melanomaactive not recruiting
2028-05-01
Estimated 50%
readout ~2028-05-31
Phase 1ERAS-0015, ERAS-0015 in combinationMetastatic Solid Tumorsrecruiting
2028-08
Estimated 50%
readout ~2028-08-31
Phase 1ERAS-4001, ERAS-4001 in combinationMetastatic Solid Tumorsrecruiting
2026-02-01
Phase 1ERAS-601, Cetuximab, PembrolizumabAdvanced or Metastatic Solid Tumors90active not recruiting
Show all 8 trials · 3 more ▾
ReadoutPhaseDrugIndicationEnrollStatus
2025-08-15
Phase 1/2ERAS-007, Encorafenib, CetuximabMetastatic Colorectal Cancer, Metastatic Pancreatic Ductal Adenocarcinoma101completed
2025-07-01
Phase 1Naporafenib, Trametinibfast trackAdvanced or Metastatic Solid Tumors86active not recruiting
2025-03-01
Phase 1/2ERAS-007, ERAS-601, GilteritinibAcute Myeloid Leukemia0withdrawn

Catalyst news & presentations · 9

Approved drugs (0)

  • none — clinical-stage

Capital structure — dilution & financing

Shares out: 310,984,542 · 4 offerings/1y · 0 PIPEs
  • 2026-07-14424B5offering
  • 2026-07-13S-3ASRshelf_registration
  • 2026-07-13424B5offering
  • 2026-01-22424B5offering
  • 2026-01-20424B5offering
  • 2025-08-22EFFECTshelf_effective
  • 2025-08-12S-3shelf_registration
🔒 Positioning — Pro
Short interest / days-to-cover, insider buys & sells.
Upgrade to Pro
🔒 Top holders — Pro
Institutional ownership + quarter-over-quarter accumulation/trimming.
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Wall St ratings

buy · target $23 (+21% upside) · 10 analysts
  • 2026-07-20Morgan StanleyEqual-Weight
  • 2026-07-14B of A SecuritiesNeutral
  • 2026-06-04B of A SecuritiesUnderperform → Neutral
  • 2026-05-12MizuhoOutperform
  • 2026-04-27StifelBuy
  • 2026-03-18JP MorganOverweight

Competitors — ERK

  • none identified

Not financial advice. Data: ClinicalTrials.gov, SEC EDGAR, FINRA, Nasdaq, Yahoo.