• $39.9B
    Market Cap
  • 411.96%
    1-Year Change
  • Biotechnology
    Industry

Key Performance

More
  • Earnings Score: 52
  • Momentum Score: 84
  • True Yield: N/A
  • Financial Health Score: 24
TradeSmith Loading

Latest Research & News

Robbins LLP Reminds Erasca, Inc. Investors of the Pending Lead Plaintiff Deadline in the Securities Fraud Class Action; Contact the Firm to Learn About Your Rights

A securities fraud class action has been filed against Erasca, Inc. (NASDAQ: ERAS) for allegedly failing to disclose risks related to patent and trade secret violations. The lawsuit stems from Erasca's ERAS-0015 drug candidate, which Revolution Medicines claims infringes its patent and involves misappropriated trade secrets. The stock dropped from $21.49 to $19.15 per share following the disclosure on April 27, 2026. Investors have until August 10, 2026 to submit lead plaintiff papers.

07/31/2026, 10:28 AM • GlobeNewswire

ERAS INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Erasca, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - August 10, 2026 Deadline

Erasca, Inc. faces a securities class action lawsuit alleging that the company and its executives made false statements about its lead drug candidate ERAS-0015. The lawsuit claims Erasca's preclinical data involved improper comparisons and failed to disclose patent infringement risks from Revolution Medicines. Following disclosure of a patent assertion letter and adverse clinical trial data on April 27, 2026, Erasca's stock fell approximately 59% over two trading days. Investors with substantial losses can seek lead plaintiff status by August 10, 2026.

07/28/2026, 7:45 AM • GlobeNewswire

Bragar Eagel & Squire, P.C. Reminds Erasca, Inc. (ERAS) Investors that a Class Action Lawsuit Has Been Filed Against Erasca and Encourages Investors to Contact the Firm Before August 10th

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 for positive claims. The lawsuit was triggered after Revolution Medicines alleged patent infringement and trade secret misappropriation on April 28, 2026, causing Erasca's stock to plunge 48% from $19.15 to $9.90 per share. Investors who purchased shares between January 14, 2025 and April 26, 2026 have until August 10, 2026 to apply as lead plaintiff.

07/23/2026, 5:53 PM • GlobeNewswire

Molecular Glues Clinical Trial Landscape: 80+ Emerging Competitors, Pipeline Dynamics, and Future Opportunities | DelveInsight

The molecular glues market is experiencing significant growth with over 80 active players developing 90+ pipeline candidates. Key companies including Revolution Medicines, Gluetacs Therapeutics, Captor Therapeutics, and others are advancing promising molecular glue degraders across oncology, immunology, and neurodegenerative diseases. Recent developments include FDA Breakthrough Therapy Designation for Daraxonrasib and multiple clinical trial initiations, positioning molecular glues as a promising therapeutic strategy for previously undruggable proteins.

07/23/2026, 1:00 PM • GlobeNewswire

This Stock Has Skyrocketed 125% in 2026 -- and Billionaire Stanley Druckenmiller Is Loading Up on It

Revolution Medicines, a pre-revenue biotech company developing targeted cancer treatments to replace chemotherapy, has surged 125% in 2026. The company's flagship drug Daraxonrasib received FDA Breakthrough Therapy designation and is undergoing accelerated review by the EMA. Billionaire Stanley Druckenmiller's Duquesne Family Office purchased 316,000 shares worth $30.6 million in Q1 2026, now valued at $56.6 million, signaling confidence in the company's potential despite its speculative nature.

07/17/2026, 8:30 AM • The Motley Fool

INVESTOR NOTICE: Erasca, Inc. (ERAS) Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces

A class action lawsuit has been filed against Erasca, Inc. alleging that the company and its executives made false and misleading statements regarding its ERAS-0015 drug candidate. The lawsuit claims preclinical data was based on improper comparisons to Revolution Medicines and lacked reasonable basis. Following disclosure of a patent infringement letter from Revolution Medicines and adverse Phase I clinical data including a patient death, Erasca's stock fell approximately 59% in total.

07/13/2026, 6:50 AM • GlobeNewswire

ERAS SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Reminds Erasca (ERAS) Investors of Securities Class Action Lawsuit Deadline on August 10, 2026

Faruqi & Faruqi, LLP is investigating securities fraud claims against Erasca, Inc. (NASDAQ: ERAS) for allegedly making false statements about its ERAS-0015 drug candidate based on improper comparisons to Revolution Medicines' compound. The company disclosed patent infringement allegations and a patient death in Phase 1 trials on April 27, 2026, causing the stock to plummet from $21.49 to $9.90 per share over two trading days. Investors who purchased ERAS securities between January 14, 2025 and April 26, 2026 can seek lead plaintiff status by August 10, 2026.

07/11/2026, 8:49 AM • GlobeNewswire

Robbins LLP Urges ERAS Stockholders to Contact the Firm for Information About the Class Action Against Erasca, Inc.

A class action lawsuit has been filed against Erasca, Inc. (NASDAQ: ERAS) on behalf of investors who purchased securities between January 14, 2025 and April 26, 2026. Shareholders allege that Erasca failed to disclose risks related to patent and trade secret violations regarding its ERAS-0015 drug candidate. The allegations emerged after Revolution Medicines sent a cease-and-desist letter claiming patent infringement and trade secret misappropriation. Following the disclosure on April 27, 2026, Erasca's stock price fell from $21.49 to $19.15 per share.

07/10/2026, 3:07 PM • GlobeNewswire

These 3 Stocks Trounced the S&P 500 in the First Half of 2026 -- and Wall Street Thinks 1 of Them Could Soar Even More

Three biotech companies—Moderna, Revolution Medicines, and Axsome Therapeutics—significantly outperformed the S&P 500 in the first half of 2026 with double- and triple-digit gains. While Moderna faces expected pullback despite flu vaccine approval prospects, and Revolution Medicines shows modest upside, Wall Street expects Axsome to climb another 13% due to recent drug approvals and strong pipeline progress.

07/06/2026, 6:10 PM • The Motley Fool

Erasca (ERAS) Faces Securities Class Action After Stock Declines 48% on Drug Safety and IP Concerns-- HBSS

Erasca Inc. (ERAS) faces a securities class action lawsuit after its stock plummeted 48% following disclosures of a patient death linked to its experimental drug ERAS-0015 and patent infringement accusations from Revolution Medicines. The lawsuit alleges Erasca misled investors about the drug's safety profile and intellectual property protection through improper comparisons with competing therapies.

07/06/2026, 4:43 PM • GlobeNewswire

Revolution Medicines Is Up Nearly 140% in 2026. Is the Hot Biotech Stock Still a Buy?

Revolution Medicines' stock has surged nearly 140% in 2026 following positive phase 3 trial results for its lead cancer drug daraxonrasib, which showed a 13.2-month survival rate versus 6.7 months for standard chemotherapy in metastatic pancreatic cancer. The company is approaching regulatory review and has a strong pipeline, but remains pre-revenue with significant R&D losses. The stock is considered a compelling buy for growth investors willing to accept clinical-stage biotech risk, though cautious investors should wait for commercial-stage validation.

07/05/2026, 7:15 PM • The Motley Fool

Erasca, Inc. (ERAS) Faces Securities Class Action Amid Patient Death, Intellectual Property Questions, $2.8 Billion Market Cap Loss -- HBSS

Erasca, Inc. (NASDAQ: ERAS) stock plunged 48% ($9.25) after the company disclosed a patient death following ERAS-0015 treatment and faced patent infringement accusations from Revolution Medicines. The company allegedly misled investors about the drug's efficacy and intellectual property protection. The disclosure wiped out $2.8 billion in market capitalization, prompting a securities class action lawsuit covering the period from January 14, 2025 to April 26, 2026.

07/03/2026, 2:19 PM • GlobeNewswire

INVESTOR ALERT: Erasca, Inc. (NASDAQ: ERAS) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - RGRD Law

A class action lawsuit has been filed against Erasca, Inc. for allegedly making false statements about its ERAS-0015 drug candidate. The company allegedly based preclinical data on improper comparisons and failed to disclose patent infringement risks from Revolution Medicines. Following disclosure of a patent assertion letter and Phase I data showing a patient death, Erasca's stock fell 11% then 48%. Investors who purchased stock between January 14, 2025 and April 26, 2026 can seek lead plaintiff status by August 10, 2026.

07/02/2026, 4:55 PM • GlobeNewswire

Bronstein, Gewirtz & Grossman LLC Urges Erasca, Inc. Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against Erasca, Inc. alleging that the company made false and misleading statements regarding ERAS-0015's preclinical data, which was based on improper comparisons to Revolution Medicines and placed the company at risk of patent and trade secret violations. Investors who purchased Erasca securities between January 14, 2025 and April 26, 2026 are encouraged to join the case, with a lead plaintiff deadline of August 10, 2026.

06/30/2026, 12:00 PM • GlobeNewswire

Erasca, Inc. (ERAS) Faces Securities Class Action Amid Patient Death, Intellectual Property Questions, $2.8 Billion Market Cap Loss – Hagens Berman

Erasca, Inc. (NASDAQ: ERAS) stock plummeted 48% ($9.25) on April 27, 2026, after the company disclosed that competitor Revolution Medicines challenged its intellectual property claims for lead drug ERAS-0015 and that a patient died one month after treatment. The disclosures wiped out $2.8 billion in market capitalization. A securities class action lawsuit has been filed alleging Erasca misled investors about the drug's safety profile and competitive advantages.

06/26/2026, 6:31 PM • GlobeNewswire

Peers

Statistics

More
Day Range
$186.15
$192.00
$187.53
1-Year Range
$34.70
$192.62
$187.53
Latest Close$187.53
Change
-$4.64 (-2.47%)
Volume1,491,943
Market Cap$39.9B
Shares Outstanding212.6M
P/E (TTM)-26.33
Diluted EPS (TTM)-$7.12
Enterprise Value$39.4B

Information as of 07/31/2026

Company Profile

REVOLUTION MEDICINES INC
https://www.revmed.com
$39.9B
Market Cap
-$1.4B
Net Income
Sector: Healthcare
Industry: Biotechnology
700 Saginaw Drive, Redwood City, CA, United States, 94063
650 481 6801

Revolution Medicines, Inc., a clinical-stage precision oncology company, develops novel targeted therapies for RAS-addicted cancers. The company's research and development pipeline consist of RAS(ON) inhibitors that binds RAS variants to be used as monotherapy in combination with other RAS(ON) inhibitors and/or in combination with RAS companion inhibitors or other therapeutic agents, and RAS companion inhibitors to suppress cooperating targets and pathways that sustain RAS-addicted cancers. Its RAS(ON) inhibitors include daraxonrasib (RMC-6236), elironrasib G12C (RMC-6291) which is in early clinical development for the treatment of solid tumors, and zoldonrasib G12D (RMC-9805), which are in phase 3 registrational trial evaluating the combination of daraxonrasib with zoldonrasib in patients with 1L PDAC; and development candidates comprise RMC-5127 (G12V) which is in clinical trial, RMC-0708 (Q61H), that is in clinical trial; and RMC-8839 (G13C). Revolution Medicines, Inc. was incorporated in 2014 and is headquartered in Redwood City, California.

Key Executives

  • Mark A. Goldsmith
  • Stephen Kelsey Path. FRCP
  • Margaret A. Horn
  • Jack Anders
  • Jeff Cislini

Current Ownership Distribution

  • Institutions2.6B (85.56%)
  • Mutual Funds414.0M (13.83%)
  • Insiders18.2M (0.61%)
  • Other0 (0.00%)