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Erasca, Inc.

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Erasca, Inc.

ERAS·NASDAQ·Life Sciences·CIK 0001761918

Erasca is a clinical-stage precision oncology company focused on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers. Molecular alterations in RAS and the MAPK pathway account for more than five million new patients diagnosed with cancer globally each year. The company was co-founded by pioneers in precision oncology and RAS targeting to create novel therapies and combination regimens designed to shut down the RAS/MAPK pathway. Erasca's RAS/MAPK pathway pipeline includes modality-agnostic programs aligned with three therapeutic strategies: targeting key upstream and downstream signaling nodes in the RAS/MAPK pathway; targeting RAS directly; and targeting escape routes that emerge in response to treatment. This approach allows for a systematic, data-driven, portfolio-wide clinical development effort to identify therapeutic approaches aimed at prolonging survival in patient populations with high unmet medical needs. The modality-agnostic approach enables selective and potent targeting of critical signaling nodes with the most appropriate modality, including small and large molecule therapeutics. The pipeline includes two clinical-stage programs: ERAS-0015, a pan-RAS molecular glue; and ERAS-4001, a pan-KRAS inhibitor. It also includes ERAS-12, a discovery-stage program (an EGFR D2/D3 biparatopic antibody), for which a lead candidate has been identified.

Erasca, Inc. (NASDAQ:ERAS) is a publicly traded company in the Life Sciences sector. Wiseek monitors ERAS SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Erasca Upsizes Offering to $632.5M Amid Promising Pancreatic Cancer Data
  • Erasca Prices Upsized $550M Stock Offering at $17.50, a 9% Discount
  • Erasca prices a $550M follow-on offering at $17.50, a slim 2.2% discount to the last sale
  • Erasca Prices Upsized $550M Stock Offering at $17.50, Shares Dip
  • Erasca Launches $500M Stock Offering, Diluting Shares After 57% Response Data

Financial Snapshot

Fiscal year ended December 31, 2025
Net Income
-$124.55M
Diluted EPS
-$0.44
Op. Cash Flow
-$95.45M
Free Cash Flow
-$95.58M
Operating Income
-$140.91M
Cash & Equivalents
$73.81M
Debt / Equity
0.00×
Shares Outstanding
284.16M sh
Source: 10-K · filed 2026-03-12 · accession 0001193125-26-104150

Dilution Risk

Low risk

Filing-implied dilution signals for ERAS, detected from its recent SEC filings · based on capital-structure filings through 2026-07-14.

1 recent capital raiseATM program1 shelf registration

Follow-On Offering Priced at $17.50 · Net Proceeds and Use of Funds

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$17.57
52-week range · as of 2026-07-14 $1.33 – $24.28
Market cap
$6.1B
Volume
1.7M (0.3× avg)
3-mo avg 5.6M
Live data · 2026-07-29 17:17 UTC · Market open

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feed ERAS - Latest Insights

ERAS
Jul 20, 2026, 7:21 AM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $18.66
Real-time Price: $17.57 info
Change: -$1.09 (-6%) info
Market Cap: $6.099B info
ERAS
Jul 14, 2026, 5:13 PM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $19.26
Real-time Price: $17.57 info
Change: -$1.69 (-9%) info
Market Cap: $6.099B info
ERAS
Jul 14, 2026, 5:01 PM EDT
Filing Type: 424B5
Importance Score:
8
Price at Filing: $19.26
Real-time Price: $17.57 info
Change: -$1.69 (-9%) info
Market Cap: $6.099B info
ERAS
Jul 13, 2026, 11:11 PM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $17.90
Real-time Price: $17.57 info
Change: -$0.330 (-2%) info
Market Cap: $6.099B info
ERAS
Jul 13, 2026, 4:19 PM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $17.03
Real-time Price: $17.57 info
Change: +$0.540 (+3%) info
Market Cap: $6.099B info
ERAS
Jul 13, 2026, 4:01 PM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $18.27
Real-time Price: $17.57 info
Change: -$0.700 (-4%) info
Market Cap: $6.099B info
ERAS
Jun 16, 2026, 6:12 PM EDT
Source: PR Newswire
Importance Score:
8
Price at Filing: $13.30
Real-time Price: $17.57 info
Change: +$4.27 (+32%) info
Market Cap: $6.099B info
ERAS
May 28, 2026, 9:00 AM EDT
Source: PR Newswire
Importance Score:
9
Price at Filing: $12.46
Real-time Price: $17.57 info
Change: +$5.11 (+41%) info
Market Cap: $6.099B info
ERAS
May 11, 2026, 4:13 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $10.20
Real-time Price: $17.57 info
Change: +$7.37 (+72%) info
Market Cap: $6.099B info
ERAS
May 11, 2026, 4:09 PM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $10.50
Real-time Price: $17.57 info
Change: +$7.07 (+67%) info
Market Cap: $6.099B info
ERAS
May 11, 2026, 4:05 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $10.50
Real-time Price: $17.57 info
Change: +$7.07 (+67%) info
Market Cap: $6.099B info
ERAS
May 11, 2026, 7:00 AM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $10.18
Real-time Price: $17.57 info
Change: +$7.39 (+73%) info
Market Cap: $6.099B info
ERAS
Apr 28, 2026, 3:58 PM EDT
Source: Dow Jones Newswires
Importance Score:
9
Price at Filing: $10.01
Real-time Price: $17.57 info
Change: +$7.56 (+76%) info
Market Cap: $6.099B info
ERAS
Apr 27, 2026, 4:17 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $12.30
Real-time Price: $17.57 info
Change: +$5.27 (+43%) info
Market Cap: $6.099B info
ERAS
Apr 27, 2026, 8:31 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $23.46
Real-time Price: $17.57 info
Change: -$5.89 (-25%) info
Market Cap: $6.099B info
ERAS
Apr 21, 2026, 9:10 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $22.21
Real-time Price: $17.57 info
Change: -$4.64 (-21%) info
Market Cap: $6.099B info
ERAS
Mar 12, 2026, 4:11 PM EDT
Filing Type: 10-K
Importance Score:
8
Price at Filing: $14.71
Real-time Price: $17.57 info
Change: +$2.86 (+19%) info
Market Cap: $6.099B info
ERAS
Mar 12, 2026, 4:05 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $14.65
Real-time Price: $17.57 info
Change: +$2.92 (+20%) info
Market Cap: $6.099B info
ERAS
Mar 12, 2026, 4:01 PM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $14.74
Real-time Price: $17.57 info
Change: +$2.83 (+19%) info
Market Cap: $6.099B info
ERAS
Mar 10, 2026, 8:00 AM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $15.90
Real-time Price: $17.57 info
Change: +$1.67 (+11%) info
Market Cap: $6.099B info