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Healthcare - Biotechnology - NASDAQ - US
$ 1.225
5.6 %
$ 347 M
Market Cap
-1.78
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one ERAS stock under the worst case scenario is HIDDEN Compared to the current market price of 1.23 USD, Erasca, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one ERAS stock under the base case scenario is HIDDEN Compared to the current market price of 1.23 USD, Erasca, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one ERAS stock under the best case scenario is HIDDEN Compared to the current market price of 1.23 USD, Erasca, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ERAS

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$3.5$3.5$3.0$3.0$2.5$2.5$2.0$2.0$1.5$1.5$1.0$1.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
0 REVENUE
0.00%
-180 M OPERATING INCOME
-26.89%
-162 M NET INCOME
-29.28%
-109 M OPERATING CASH FLOW
-8.10%
-157 M INVESTING CASH FLOW
-71.69%
241 M FINANCING CASH FLOW
18486.64%
0 REVENUE
0.00%
-35.7 M OPERATING INCOME
4.11%
-32.2 M NET INCOME
-3.31%
-24.6 M OPERATING CASH FLOW
-9.57%
22.6 M INVESTING CASH FLOW
122.04%
801 K FINANCING CASH FLOW
-96.20%
Balance Sheet Erasca, Inc.
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Current Assets 309 M
Cash & Short-Term Investments 298 M
Receivables 0
Other Current Assets 10.5 M
Non-Current Assets 194 M
Long-Term Investments 0
PP&E 48.5 M
Other Non-Current Assets 145 M
59.36 %9.66 %28.89 %Total Assets$502.5m
Current Liabilities 31.4 M
Accounts Payable 468 K
Short-Term Debt 4.62 M
Other Current Liabilities 26.3 M
Non-Current Liabilities 47.6 M
Long-Term Debt 47.3 M
Other Non-Current Liabilities 362 K
5.84 %33.29 %59.81 %Total Liabilities$79.0m
EFFICIENCY
Earnings Waterfall Erasca, Inc.
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Revenue 0
Cost Of Revenue 0
Gross Profit 0
Operating Expenses 180 M
Operating Income -180 M
Other Expenses -17.9 M
Net Income -162 M
00(20m)(20m)(40m)(40m)(60m)(60m)(80m)(80m)(100m)(100m)(120m)(120m)(140m)(140m)(160m)(160m)(180m)(180m)000(180m)(180m)18m(162m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
-38.17% ROE
-38.17%
-32.17% ROA
-32.17%
-37.75% ROIC
-37.75%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Erasca, Inc.
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00(20m)(20m)(40m)(40m)(60m)(60m)(80m)(80m)(100m)(100m)(120m)(120m)202020202021202120222022202320232024202420252025
Net Income -162 M
Depreciation & Amortization 3.8 M
Capital Expenditures -60 K
Stock-Based Compensation 27 M
Change in Working Capital 1.74 M
Others 23 M
Free Cash Flow -109 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Erasca, Inc.
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Wall Street analysts predict an average 1-year price target for ERAS of $5.8 , with forecasts ranging from a low of $5 to a high of $7 .
ERAS Lowest Price Target Wall Street Target
5 USD 308.16%
ERAS Average Price Target Wall Street Target
5.8 USD 373.47%
ERAS Highest Price Target Wall Street Target
7 USD 471.43%
Price
Max Price Target
Min Price Target
Average Price Target
77665544332211May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 16
6. Ownership
Insider Ownership Erasca, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
182 K USD 1
9-12 MONTHS
7. News
Erasca Announces Three Poster Presentations at the 2025 AACR Annual Meeting Presentations will feature potential best-in-class pan-RAS molecular glue ERAS-0015 and pan-KRAS inhibitor ERAS-4001 Erasca will also present potential first-in-class examples of direct SMP complex inhibitors, representing a new approach to block the RAS/MAPK pathway SAN DIEGO, March 25, 2025 (GLOBE NEWSWIRE) -- Erasca, Inc. (Nasdaq: ERAS), a clinical-stage precision oncology company singularly focused on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers, today announced the company will present three poster presentations at the upcoming American Association for Cancer Research (AACR) Annual Meeting, taking place April 25 - 30, 2025, in Chicago, Illinois. The abstracts will be available on the AACR 2025 meeting website. globenewswire.com - 3 weeks ago
Erasca Reports Fourth Quarter and Full Year 2024 Business Updates and Financial Results Potentially best-in-class RAS-targeting franchise advancing with both ERAS-0015 and ERAS-4001 expected to enter the clinic in 2025 globenewswire.com - 1 month ago
Erasca to Present at the Guggenheim Securities SMID Cap Biotech Conference SAN DIEGO, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Erasca, Inc. (Nasdaq: ERAS), a clinical-stage precision oncology company singularly focused on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers, today announced its participation in the Guggenheim Securities SMID Cap Biotech Conference being held at the Lotte New York Palace in New York, New York. Management will participate in a fireside chat on Thursday, February 6, 2025, at 9:30 am Eastern Time and will also participate in one-on-one investor meetings. globenewswire.com - 2 months ago
Erasca's Naporafenib Is Shaping Up Nicely For NRASm Melanoma Naporafenib is Erasca's main candidate, and it has Fast Track status for NRASm melanoma. I see the company has a robust balance sheet, with roughly $463.3 million in cash and equivalents as of Q3, 2024. They estimate a runway into 2H2027. SEACRAFT-1 already showed that Naporafenib has potentially better efficacy compared to the SoC and competitors. seekingalpha.com - 2 months ago
Down -25.4% in 4 Weeks, Here's Why You Should You Buy the Dip in Erasca (ERAS) Erasca (ERAS) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock. zacks.com - 2 months ago
Down -27.17% in 4 Weeks, Here's Why Erasca (ERAS) Looks Ripe for a Turnaround Erasca (ERAS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term. zacks.com - 2 months ago
Down -24.08% in 4 Weeks, Here's Why You Should You Buy the Dip in Erasca (ERAS) Erasca (ERAS) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock. zacks.com - 3 months ago
Down -22.89% in 4 Weeks, Here's Why You Should You Buy the Dip in Erasca (ERAS) Erasca (ERAS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term. zacks.com - 3 months ago
Erasca (ERAS) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now After losing some value lately, a hammer chart pattern has been formed for Erasca (ERAS), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term. zacks.com - 5 months ago
Erasca Reports Third Quarter 2024 Business Updates and Financial Results Positive preliminary Phase 1b data in SEACRAFT-1 NRASm melanoma cohort bolsters conviction in ongoing SEACRAFT-2 registrational trial; Stage 1 randomized data expected in 2025 globenewswire.com - 5 months ago
Erasca to Present at Upcoming Investor Conferences SAN DIEGO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Erasca, Inc. (Nasdaq: ERAS), a clinical-stage precision oncology company singularly focused on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers, today announced that management will participate in the following investor conferences and will also participate in one-on-one investor meetings. globenewswire.com - 5 months ago
Erasca Reports Second Quarter 2024 Business Updates and Financial Results In-licensed potential best-in-class pan-RAS molecular glue ERAS-0015 and potential first-in-class pan-KRAS inhibitor ERAS-4001 with a goal of expanding treatment options across RAS-driven tumors globenewswire.com - 8 months ago
8. Profile Summary

Erasca, Inc. ERAS

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 347 M
Dividend Yield 0.00%
Description Erasca, Inc., a clinical-stage biopharmaceutical company, focuses on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers. The company's lead candidates include ERAS-007, an oral inhibitor of ERK1/2 for the treatment of non-small cell lung cancer, colorectal cancer, and acute myeloid leukemia; and ERAS-601, an oral SHP2 inhibitor for patients with advanced or metastatic solid tumors. It is also developing ERAS-801, a central nervous system-penetrant EGFR inhibitor for the treatment of patients with recurrent glioblastoma multiforme. The company was incorporated in 2018 and is headquartered in San Diego, California.
Contact 10835 Road to the Cure, San Diego, CA, 92121 https://www.erasca.com
IPO Date July 16, 2021
Employees 103
Officers Dr. Michael D. Varney Ph.D. Chairman of Research & Development, Scientific Advisory Board Member and Director Mr. Brian L. Baker CPA, M.S. Senior Vice President of Finance Ms. Chandra D. Lovejoy M.S. Chief Regulatory Affairs Officer Dr. Robert Shoemaker Ph.D. Senior Vice President of Research Mr. Ebun S. Garner Esq., J.D. General Counsel & Corporate Secretary Dr. Nik Chetwyn Ph.D. Chief Operating Officer Dr. David M. Chacko M.D. Chief Financial Officer & Chief Business Officer Dr. Shannon R. Morris M.D., Ph.D. Chief Medical Officer Dr. Jonathan E. Lim M.D. Co-Founder, Chairman & Chief Executive Officer Dr. Lisa Tesvich-Bonora Ph.D. Chief People Officer