| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 11/28/2023 | 279.15% | HC Wainwright & Co. | $10 → $8 | Maintains | Buy |
| 10/11/2023 | 373.93% | HC Wainwright & Co. | → $10 | Initiates Coverage On | → Buy |
| 06/06/2023 | 421.33% | Evercore ISI Group | $20 → $11 | Maintains | Outperform |
| 06/06/2023 | 279.15% | Mizuho | $9 → $8 | Maintains | Buy |
| 05/16/2023 | 326.54% | Goldman Sachs | $10 → $9 | Maintains | Buy |
| 03/30/2023 | 326.54% | Mizuho | → $9 | Initiates Coverage On | → Buy |
| 02/24/2023 | 373.93% | Goldman Sachs | → $10 | Initiates Coverage On | → Buy |
| 02/03/2023 | 610.9% | Morgan Stanley | → $15 | Upgrades | Equal-Weight → Overweight |
| 08/10/2021 | 2032.7% | Evercore ISI Group | → $45 | Initiates Coverage On | → Outperform |
| 08/10/2021 | 1084.83% | Morgan Stanley | → $25 | Initiates Coverage On | → Equal-Weight |
| 08/10/2021 | 1227.01% | B of A Securities | → $28 | Initiates Coverage On | → Buy |
| 08/10/2021 | 1084.83% | Guggenheim | → $25 | Initiates Coverage On | → Buy |
| 08/10/2021 | 1227.01% | JP Morgan | → $28 | Initiates Coverage On | → Overweight |
What is the target price for Erasca (ERAS)?
The latest price target for Erasca (NASDAQ: ERAS) was reported by HC Wainwright & Co. on November 28, 2023. The analyst firm set a price target for $8.00 expecting ERAS to rise to within 12 months (a possible 279.15% upside). 8 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 HC Wainwright & Co., and Erasca maintained their buy rating.
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 November 28, 2023 so you should expect the next rating to be made available sometime around November 28, 2024.
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 $10.00 to $8.00. The current price Erasca (ERAS) is trading at is $2.11, which is out of the analyst's predicted range.