Rating Change
Guggenheim reiterated its Buy rating on Erasca, Inc. (NASDAQ:ERAS) on August 13, 2026.
reiterateNASDAQ:ERAS
Guggenheim Reiterates Buy Rating on Erasca, Inc. (ERAS)
Guggenheim reiterated its Buy rating on Erasca, Inc. (NASDAQ:ERAS) on August 13, 2026.
At publication ·
What changed
Erasca, Inc. (NASDAQ:ERAS) · reiterate
- Firm
- Guggenheim
- Rating
- Buy to Buy
- Price at event
- $17.86
- Market capitalization
- $958.9M
At a glance
Key takeaways
- Guggenheim reiterated a Buy rating on Erasca (ERAS) on August 13, 2026, with the stock trading at $17.86 and a market capitalization of $958.9 million.
Market Context
Erasca, Inc. operates in the Healthcare sector. The stock currently trades at $17.86 with a market capitalization of $958.9M. The stock has gained 1044.9% over the past 52 weeks.
Analyst coverage from Guggenheim provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Erasca, Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Erasca, Inc.
Among the 10 most recent ratings: 7 Buy, 3 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 13, 2026 | Guggenheim | Buy | N/A |
| Aug 12, 2026 | HC Wainwright & Co. | Buy | N/A |
| Jul 20, 2026 | Morgan Stanley | Equal-Weight | N/A |
| Jul 14, 2026 | B of A Securities | Neutral | N/A |
| Jun 04, 2026 | B of A Securities | Neutral | N/A |
Related Tools: Analyst Ratings Dashboard | View ERAS Stock Page
Frequently Asked Questions
What does the Buy rating mean for ERAS?
A rating of Buy from Guggenheim reflects the analyst's outlook on Erasca, Inc. (NASDAQ:ERAS). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the ERAS forecast page.