ERAS
Erasca, Inc. · Healthcare · Biotechnology
At close
$18.18
+$0.15 (+0.80%) Close
Pre-market $18.10 −$0.07 (−0.41%) 5:59 PM ET
Prev close $18.03
Open $18.40
Day high $18.40
Day low $18.05
Volume 433
Avg vol 3,250,368
Mkt cap
$6.31B
P/E ratio
-22.16
FY Revenue
$0.00
EPS
-0.82
Div yield
0.00%
Sector
Healthcare
AI report sections
ERAS
Erasca, Inc.
Erasca’s share price is near its 52-week high after very large 3–12 month gains, with momentum indicators pointing to an extended upside move. At the same time, the company remains a loss-making clinical-stage biotech with negative free cash flow and high valuation multiples, indicating material fundamental risk beneath the recent rally. Short interest and intraday short volume are elevated, highlighting heightened positioning risk and the potential for volatility around news or technical inflection points.
AI summarized at 12:16 PM ET, 2026-04-03
AI summary scores
INTRADAY: 72 SWING: 78 LONG: 38
Volume vs average
Intraday (cumulative)
+9% (Above avg)
Vol/Avg: 1.09×
RSI
61.03 (Strong)
Strong (60–70)
MACD momentum
Intraday
-0.00 (Weak)
MACD: -0.04 Signal: -0.04
Short-Term
+0.06 (Strong)
MACD: 0.13 Signal: 0.07
Long-Term
-0.05 (Weak)
MACD: 0.69 Signal: 0.74
Intraday trend score 68.20

Latest news

ERAS 12 articles Positive: 0 Neutral: 0 Negative: 12
Negative GlobeNewswire Inc. • Rosen Law Firm
ROSEN, LEADING INVESTOR COUNSEL, Encourages Datavault AI Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - DVLT

Rosen Law Firm has filed class action lawsuits against Datavault AI Inc. (DVLT), Planet Fitness, Inc. (PLNT), and Erasca, Inc. (ERAS) on behalf of investors who purchased securities during specified periods. The lawsuits allege materially false and misleading statements, including overstated partnerships, inflated trading volumes, and undisclosed connections to convicted felons. Investors have until October 5, 2026 to move the court to serve as lead plaintiff.

DVLT PLNT ERAS class action lawsuit securities fraud investor compensation lead plaintiff material misstatements
Sentiment note

Company is subject to a securities class action lawsuit with an August 10 deadline for lead plaintiff motions, suggesting alleged securities violations and investor losses.

Negative GlobeNewswire Inc. • Rosen Law Firm
ERASCA DEADLINE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Erasca, Inc. Investors to Secure Counsel Before Important August 10 Deadline in Securities Class Action – ERAS

A securities class action lawsuit has been filed against Erasca, Inc. and its executives for allegedly making false and misleading statements about its lead oncology drug candidate ERAS-0015. The company is accused of improperly comparing its drug to a competitor's candidate and failing to disclose patent and trade secret disputes. Investors who purchased Erasca stock between January 14, 2025 and April 26, 2026 must act by August 10, 2026 to serve as lead plaintiff.

ERAS RVMD RVMDW securities class action false statements oncology drug ERAS-0015 lead plaintiff deadline
Sentiment note

The company is the subject of a securities class action lawsuit alleging violations of federal securities laws through false and misleading statements about its drug candidate, resulting in investor damages.

Negative GlobeNewswire Inc. • Bragar Eagel & Squire, P.C.
ERASCA LEAD PLAINTIFF DEADLINE AUGUST 10th: Bragar Eagel & Squire, P.C. Reminds Erasca, Inc. (ERAS) Investors with Large Losses to Contact the Firm Regarding their Rights

A class action lawsuit has been filed against Erasca, Inc. alleging that the company made false and misleading statements regarding its ERAS-0015 drug candidate. The lawsuit claims the preclinical data was based on improper comparisons and lacked reasonable basis. Following a patent infringement allegation from Revolution Medicines disclosed on April 28, 2026, Erasca's stock price declined approximately 48% from $19.15 to $9.90 per share. Investors have until August 10, 2026 to apply as lead plaintiff.

ERAS RVMD RVMDW class action lawsuit patent infringement trade secret misappropriation ERAS-0015 securities litigation
Sentiment note

The company faces a class action lawsuit alleging false and misleading statements about its drug candidate ERAS-0015, patent infringement claims from a competitor, and experienced a 48% stock price decline following disclosure of these issues.

Negative GlobeNewswire Inc. • Hagens Berman
ERAS 3-DAY DEADLINE ALERT: Erasca, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit– Hagens Berman

Hagens Berman is investigating securities fraud claims against Erasca, Inc. for allegedly misleading investors about its lead oncology drug ERAS-0015's competitive advantages, safety profile, and intellectual property protections. The company faces patent infringement allegations from Revolution Medicines and reported a patient death in clinical trials, triggering a $2.8 billion market capitalization loss. Investors with substantial losses can serve as lead plaintiffs with an August 10, 2026 deadline.

ERAS RVMD RVMDW securities fraud class action lawsuit ERAS-0015 oncology drug patent infringement
Sentiment note

Company is accused of securities fraud involving misleading statements about drug safety, competitive advantages, and IP protections. Stock declined significantly following disclosure of patent infringement allegations and adverse clinical data including a patient death, resulting in $2.8 billion market cap loss.

Negative GlobeNewswire Inc. • Grabar Law Office
Important Notice to Long-Term Shareholders of Erasca, Inc. (NASDAQ: ERAS); Insulet Corporation (NASDAQ: PODD); Power Solutions International, Inc. (NASDAQ: PSIX); and PROCEPT BioRobotics Corporation (NASDAQ: PRCT): Grabar Law Office is Investigating Claims on Your Behalf

Grabar Law Office has filed federal securities fraud class action investigations against four companies: Erasca for misleading statements about its ERAS-0015 drug candidate and undisclosed patent risks; Insulet for defective manufacturing controls leading to voluntary product corrections; Power Solutions for overstating sales demand and understating manufacturing costs; and PROCEPT BioRobotics for using undisclosed discount programs that artificially inflated sales and created excess inventory. Shareholders who purchased shares during specified periods are eligible to seek damages and corporate reforms.

ERAS PODD PSIX PRCT securities fraud class action lawsuit fiduciary duty breach misleading statements
Sentiment note

Company made materially misleading statements about ERAS-0015 drug candidate, failed to disclose patent infringement risks from competitor Revolution Medicines, and reported a patient death from pneumonitis. Share price experienced substantial decline following April 2026 disclosures.

Negative GlobeNewswire Inc. • Hagens Berman Sobol Shapiro Llp
Erasca, Inc. Notice of August 10, 2026 Application Deadline for Class Action Lawsuit - Contact Reed Kathrein at Hagens Berman Sobol Shapiro LLP Before Application Deadline

Hagens Berman is investigating securities fraud claims against Erasca, Inc. for allegedly misleading investors about its lead oncology drug ERAS-0015's competitive advantages, safety profile, and intellectual property protections. The company faces patent infringement allegations from Revolution Medicines and reported a patient death in clinical trials. These disclosures in late April 2026 triggered a sharp stock decline, erasing over $2.8 billion in market capitalization. The lead plaintiff deadline is August 10, 2026.

ERAS RVMD RVMDW securities fraud class action lawsuit ERAS-0015 oncology patent infringement
Sentiment note

Company is subject to securities fraud investigation for allegedly misleading investors about drug safety, competitive advantages, and IP protections. Patent infringement allegations and adverse clinical data (patient death) led to significant stock decline and $2.8 billion market cap loss.

Negative GlobeNewswire Inc. • Rosen Law Firm
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Pentair plc Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - PNR

Rosen Law Firm has filed class action lawsuits against Pentair plc, First Solar, Inc., and Erasca, Inc. on behalf of investors who suffered losses. The Pentair lawsuit alleges the company made false statements about its business while concealing significant inventory destocking in the Pool channel that adversely affected sales and operating income. Investors with losses exceeding $100,000 are encouraged to join the class actions before upcoming deadlines.

PNR FSLR ERAS class action lawsuit securities fraud investor losses Pentair plc First Solar
Sentiment note

Company is subject to a securities class action lawsuit filed by Rosen Law Firm with an August 10 deadline, indicating alleged misconduct that resulted in investor losses exceeding $100,000.

Negative GlobeNewswire Inc. • Law Offices Of Howard G. Smith
DEADLINE ALERT for ERAS, VIA, EMBC, Z: Law Offices of Howard G. Smith Reminds Investors of Opportunity to Lead Securities Fraud Class Actions

Class action lawsuits have been filed against four publicly-traded companies alleging securities fraud. Erasca faces allegations regarding misleading preclinical data comparisons; Via Transportation failed to disclose declining ARR and regulatory issues; Embecta misrepresented guidance and segment weakness; and Zillow mischaracterized its Redfin agreement and downplayed antitrust risks. Investors have until mid-August 2026 to file lead plaintiff motions.

ERAS VIA EMBC Z securities fraud class action lawsuit misleading statements material disclosure
Sentiment note

Company accused of making materially false statements regarding preclinical data based on improper comparisons, creating patent and trade secret violation risks.

Negative GlobeNewswire Inc. • Grabar Law Office
Important Notice to Long-Term Shareholders of Erasca, Inc. (NASDAQ: ERAS); Insulet Corporation (NASDAQ: PODD); Power Solutions International, Inc. (NASDAQ: PSIX); and PROCEPT BioRobotics Corporation (NASDAQ: PRCT): Grabar Law Office is Investigating Claims on Your Behalf

Grabar Law Office has launched investigations into potential securities fraud and fiduciary duty breaches at four major companies: Erasca (ERAS) for misleading statements about its ERAS-0015 drug candidate and undisclosed patent risks; Insulet (PODD) for defective manufacturing controls leading to voluntary product corrections; Power Solutions International (PSIX) for overstating sales demand and understating manufacturing costs; and PROCEPT BioRobotics (PRCT) for using undisclosed discount programs that artificially inflated sales figures and created excess inventory.

ERAS PODD PSIX PRCT securities fraud fiduciary duty breach class action lawsuit misleading statements
Sentiment note

Company made materially misleading statements about ERAS-0015 drug candidate, failed to disclose patent infringement risks, and reported patient death from pneumonitis. Share price experienced substantial decline following April 2026 disclosures.

Negative GlobeNewswire Inc. • Robbins Geller Rudman & Dowd Llp
MONDAY DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Erasca, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit - ERAS

Robbins Geller Rudman & Dowd LLP is seeking a lead plaintiff for a securities class action lawsuit against Erasca, Inc. The lawsuit alleges that Erasca made false and misleading statements regarding its ERAS-0015 drug candidate, including improper comparisons to competitor Revolution Medicines' technology and undisclosed patent infringement risks. Following disclosure of a patent infringement letter and adverse clinical trial data on April 27, 2026, Erasca's stock price fell approximately 59% combined. The deadline to apply as lead plaintiff is August 10, 2026.

ERAS RVMD RVMDW securities fraud class action lawsuit patent infringement clinical trial data RAS/MAPK pathway
Sentiment note

Erasca faces allegations of securities fraud involving false statements about its lead drug candidate ERAS-0015, patent infringement claims from a competitor, and adverse clinical trial data resulting in significant stock price declines (11% and 48% on separate dates). These factors indicate serious legal and commercial challenges.

Negative GlobeNewswire Inc. • Bragar Eagel & Squire, P.C.
ERASCA LEAD PLAINTIFF DEADLINE AUGUST 10th: Bragar Eagel & Squire, P.C. Reminds Erasca, Inc. (ERAS) Investors with Large Losses to Contact the Firm Regarding their Rights

A class action lawsuit has been filed against Erasca, Inc. alleging the company made false statements about its ERAS-0015 drug candidate based on improper comparisons and lacking reasonable basis. Following a patent infringement allegation from Revolution Medicines disclosed on April 28, 2026, Erasca's stock price plummeted 48% from $19.15 to $9.90 per share. Investors have until August 10, 2026 to apply as lead plaintiff.

ERAS RVMD RVMDW class action lawsuit patent infringement trade secret misappropriation ERAS-0015 stock price decline
Sentiment note

Company faces class action lawsuit alleging false and misleading statements about drug candidate ERAS-0015. Patent infringement allegations from Revolution Medicines triggered a 48% stock price decline, indicating significant legal and financial risks.

Negative GlobeNewswire Inc. • Rosen Law Firm
FSLR DEADLINE: ROSEN, A LONGSTANDING FIRM, Encourages First Solar, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FSLR

Rosen Law Firm is notifying investors in First Solar, PicS N.V., and Erasca of upcoming lead plaintiff deadlines in securities class action lawsuits. First Solar faces allegations of making false statements regarding tariff policy management and production facility impacts. The firm is encouraging investors who purchased securities during specified class periods to seek legal counsel.

FSLR PICS ERAS securities class action lead plaintiff deadline First Solar PicS N.V. Erasca
Sentiment note

Company is subject to a securities class action lawsuit with an August 10, 2026 lead plaintiff deadline, suggesting alleged misconduct or misstatements affecting investors.

News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
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