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Erasca, Inc.

corporate_fare Company Profile

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 has independently scored 34 items for ERAS at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-08-24, rated 7/10. Across its 20 most recent items scored 7 or higher, the top rating is 9/10, with 13 rated 8 or above. Recent SEC coverage for ERAS spans 8-K, 10-Q, 424B5.

Recent high-impact activity:

  • FDA Grants Fast Track Designation to Erasca's ERAS-0015 for Pancreatic Cancer
  • FDA Fast Track for Erasca's Pan-RAS Drug in Pancreatic Cancer
  • Erasca Q2 Loss Widens to $44M as R&D Costs Surge; Pipeline Timelines Updated
  • Erasca Q2 loss widens to $44M amid IP threat from Revolution Medicines and securities class action
  • Erasca Q2 2026: $44.1M Net Loss, $384M Cash, and ERAS-0015 Data Fuel Registration Plans

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

Short Interest & Short Volume

7.65 days to cover

FINRA reported short interest of 33,036,139 shares in ERAS as of the September 15, 2026 settlement, a 5.8% increase from the prior period — about 7.7 days to cover at its recent average daily volume. On October 2, 2026, 71.6% of ERAS volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)33,036,139 shares as of September 15, 2026
Change vs prior period▲ 5.8%
Days to cover7.65 at avg daily volume of 4,316,648
Daily short volume (FINRA facilities)71.6% of 1,400,916 shares on October 2, 2026
5-day average short volume68.4%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

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 more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

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

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$14.6 -0.14% today
52-week range · as of 2026-08-24 $1.33 – $24.28
Market cap
$5.16B
Volume
3.8M (0.8× avg)
3-mo avg 4.5M
Live data · 2026-10-04 08:30 UTC · Market closed

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feed ERAS - Latest Insights

ERAS
Aug 24, 2026, 8:15 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $18.11
Real-time Price: $14.60 info
Change: -$3.51 (-19%) info
Market Cap: $5.155B info
ERAS
Aug 24, 2026, 8:00 AM EDT
Source: GlobeNewswire
Importance Score:
7
Price at Filing: $18.11
Real-time Price: $14.60 info
Change: -$3.51 (-19%) info
Market Cap: $5.155B info
ERAS
Aug 11, 2026, 4:13 PM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $18.31
Real-time Price: $14.60 info
Change: -$3.71 (-20%) info
Market Cap: $5.155B info
ERAS
Aug 11, 2026, 4:07 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $18.31
Real-time Price: $14.60 info
Change: -$3.71 (-20%) info
Market Cap: $5.155B info
ERAS
Aug 11, 2026, 4:05 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $18.31
Real-time Price: $14.60 info
Change: -$3.71 (-20%) info
Market Cap: $5.155B info
ERAS
Aug 10, 2026, 5:14 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $18.08
Real-time Price: $14.60 info
Change: -$3.48 (-19%) info
Market Cap: $5.155B info
ERAS
Aug 10, 2026, 8:00 AM EDT
Source: GlobeNewswire
Importance Score:
7
Price at Filing: $18.25
Real-time Price: $14.60 info
Change: -$3.65 (-20%) info
Market Cap: $5.155B info
ERAS
Jul 20, 2026, 7:21 AM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $18.66
Real-time Price: $14.60 info
Change: -$4.06 (-22%) info
Market Cap: $5.155B info
ERAS
Jul 14, 2026, 5:13 PM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $19.26
Real-time Price: $14.60 info
Change: -$4.66 (-24%) info
Market Cap: $5.155B info
ERAS
Jul 14, 2026, 5:01 PM EDT
Filing Type: 424B5
Importance Score:
8
Price at Filing: $19.26
Real-time Price: $14.60 info
Change: -$4.66 (-24%) info
Market Cap: $5.155B info
ERAS
Jul 13, 2026, 11:11 PM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $17.90
Real-time Price: $14.60 info
Change: -$3.30 (-18%) info
Market Cap: $5.155B info
ERAS
Jul 13, 2026, 4:19 PM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $17.03
Real-time Price: $14.60 info
Change: -$2.43 (-14%) info
Market Cap: $5.155B info
ERAS
Jul 13, 2026, 4:01 PM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $18.27
Real-time Price: $14.60 info
Change: -$3.67 (-20%) info
Market Cap: $5.155B info
ERAS
Jun 16, 2026, 6:12 PM EDT
Source: PR Newswire
Importance Score:
8
Price at Filing: $13.30
Real-time Price: $14.60 info
Change: +$1.30 (+10%) info
Market Cap: $5.155B info
ERAS
May 28, 2026, 9:00 AM EDT
Source: PR Newswire
Importance Score:
9
Price at Filing: $12.46
Real-time Price: $14.60 info
Change: +$2.14 (+17%) info
Market Cap: $5.155B info
ERAS
May 11, 2026, 4:13 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $10.20
Real-time Price: $14.60 info
Change: +$4.40 (+43%) info
Market Cap: $5.155B info
ERAS
May 11, 2026, 4:09 PM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $10.50
Real-time Price: $14.60 info
Change: +$4.10 (+39%) info
Market Cap: $5.155B info
ERAS
May 11, 2026, 4:05 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $10.50
Real-time Price: $14.60 info
Change: +$4.10 (+39%) info
Market Cap: $5.155B info
ERAS
May 11, 2026, 7:00 AM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $10.18
Real-time Price: $14.60 info
Change: +$4.42 (+43%) info
Market Cap: $5.155B info
ERAS
Apr 28, 2026, 3:58 PM EDT
Source: Dow Jones Newswires
Importance Score:
9
Price at Filing: $10.01
Real-time Price: $14.60 info
Change: +$4.59 (+46%) info
Market Cap: $5.155B info
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