• $35.3B
    Market Cap
  • 314.11%
    1-Year Change
  • Biotechnology
    Industry

Key Performance

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  • Earnings Score: 53
  • Momentum Score: 98
  • True Yield: N/A
  • Financial Health Score: 25
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Latest Research & News

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.

06/23/2026, 12:00 PM • GlobeNewswire

Deadline Alert: Erasca, Inc. (ERAS) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit

Erasca, Inc. faces a securities fraud class action lawsuit after disclosing a patent infringement allegation from Revolution Medicines on April 27, 2026, followed by a patient death in its ERAS-0015 Phase 1 trial on April 28, 2026. The stock plummeted 48.3% on April 28 after the death disclosure. The lawsuit alleges the company made materially false statements about ERAS-0015's preclinical data and failed to disclose material risks. The deadline to file a lead plaintiff motion is August 10, 2026.

06/22/2026, 12:57 PM • GlobeNewswire

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

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 preclinical data was based on improper comparisons and lacked reasonable basis. On April 27, 2026, Erasca disclosed a patent infringement assertion from Revolution Medicines and reported a patient death in Phase I trials, causing the stock to plummet nearly 59% over two trading days. Investors with substantial losses can seek appointment as lead plaintiff by August 10, 2026.

06/20/2026, 11:30 AM • GlobeNewswire

ERAS UPCOMING DEADLINE: 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. The deadline to seek lead plaintiff status is August 10, 2026.

06/20/2026, 8:40 AM • GlobeNewswire

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 plummeted 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 disclosures 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.

06/18/2026, 1:43 PM • GlobeNewswire

(NASDAQ:ERAS) ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Erasca, Inc. and Encourages Investors to Contact the Firm

A class action lawsuit has been filed against Erasca, Inc. (NASDAQ: ERAS) 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. On April 28, 2026, Erasca disclosed a patent infringement letter from Revolution Medicines, causing the stock to plummet 48% from $19.15 to $9.90 per share.

06/17/2026, 7:08 PM • GlobeNewswire

ROSEN, TOP-RANKED INVESTOR COUNSEL, Encourages Erasca, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - ERAS

Rosen Law Firm has filed a class action lawsuit against Erasca, Inc. on behalf of investors who purchased common stock between January 14, 2025 and April 26, 2026. The lawsuit alleges that Erasca and its executives made false and misleading statements about its lead oncology drug candidate ERAS-0015, including improper comparisons to a competing drug and undisclosed patent disputes. Investors who wish to serve as lead plaintiff must file by August 10, 2026.

06/15/2026, 10:38 PM • GlobeNewswire

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 plummeted 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 comparisons and intellectual property protection. The disclosures 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.

06/15/2026, 8:51 PM • GlobeNewswire

Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Erasca, Inc. and Encourages Investors to Contact the Firm

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 stems from a patent infringement letter received from Revolution Medicines on April 28, 2026, which triggered a 48% stock price decline from $19.15 to $9.90 per share. Investors who purchased Erasca stock between January 14, 2025 and April 26, 2026 are encouraged to contact the law firm.

06/11/2026, 5:54 PM • GlobeNewswire

SHAREHOLDER ALERT: Erasca, Inc. Sued For Securities Fraud by Block & Leviton LLP; August 10 Deadline To Seek To Serve As Lead Plaintiff

Block & Leviton LLP filed a class action lawsuit against Erasca, Inc. and its executives for allegedly making false and misleading statements about its oncology drug candidate ERAS-0015 between January 2025 and April 2026. The company allegedly touted the drug as 'best-in-class' with superior results compared to a competitor's drug while failing to disclose improper comparisons and patent disputes. Following disclosures of patent infringement accusations and clinical data showing a patient death, Erasca's stock fell over 45%. Investors who purchased stock during the class period may seek damages.

06/10/2026, 4:56 PM • GlobeNewswire

Revolution Medicines Announces ASCO Plenary Presentation Highlighting Unprecedented Results from Pivotal Phase 3 RASolute 302 Clinical Trial of Daraxonrasib in Previously Treated Metastatic Pancreatic Cancer

Revolution Medicines announced positive Phase 3 RASolute 302 trial results for daraxonrasib, an oral RAS(ON) inhibitor, in previously treated metastatic pancreatic cancer. The drug demonstrated a 60% reduction in death risk and doubled median overall survival to 13.2 months compared to 6.6 months with standard chemotherapy, with a manageable safety profile. Results were presented at ASCO 2026 and published in The New England Journal of Medicine.

05/31/2026, 8:06 AM • GlobeNewswire

ERASCA INVESTOR ALERT: Bragar Eagel & Squire, P.C. is Investigating Erasca, Inc. on Behalf of Erasca Stockholders and Encourages Investors to Contact the Firm

Law firm Bragar Eagel & Squire is investigating Erasca, Inc. following a patent infringement allegation from Revolution Medicines regarding the company's ERAS-0015 drug candidate. The disclosure triggered a significant stock price decline of approximately 48%, dropping from $19.15 to $9.90 per share on April 28, 2026. The firm is seeking stockholders who suffered losses to discuss potential legal claims.

05/19/2026, 6:53 PM • GlobeNewswire

Cancer Centers Race To Access Revolution Medicines' Pancreatic Cancer Treatment: Report

Revolution Medicines' experimental pancreatic cancer drug daraxonrasib has generated significant demand from cancer centers following FDA approval of its expanded access program in May. The Phase 3 RASolute 302 trial showed the drug doubled overall survival to 13.2 months versus 6.7 months for standard chemotherapy. However, the company faces operational challenges managing the compassionate use process, and RVMD stock declined 3.47% despite the positive clinical results.

05/15/2026, 11:47 AM • Benzinga

ERAS Investors Have Opportunity to Join Erasca, Inc. Fraud Investigation with the Schall Law Firm

The Schall Law Firm is investigating Erasca, Inc. (NASDAQ: ERAS) for potential securities law violations following the company's disclosure on April 28, 2026, that it received a patent infringement letter from Revolution Medicines regarding its ERAS-0015 drug candidate, along with trade secret misappropriation allegations. The announcement triggered a 48.3% stock price decline on the same day.

05/10/2026, 7:29 PM • GlobeNewswire

Revolution Medicines Announces Publication in New England Journal of Medicine of Phase 1/2 Clinical Data on Daraxonrasib in Pancreatic Cancer

Revolution Medicines announced the publication of Phase 1/2 clinical trial data for daraxonrasib in the New England Journal of Medicine, showing promising antitumor activity and durable responses in previously treated metastatic RAS mutant pancreatic cancer. The data supported initiation of the Phase 3 RASolute 302 trial, which recently reported unprecedented overall survival benefits compared to standard chemotherapy.

05/06/2026, 6:00 PM • GlobeNewswire

Peers

Statistics

More
Day Range
$162.15
$166.84
$165.81
1-Year Range
$34.70
$165.81
$165.81
Latest Close$165.81
Change
+$2.82 (+1.70%)
Volume3,129,266
Market Cap$35.3B
Shares Outstanding212.6M
P/E (TTM)-23.28
Diluted EPS (TTM)-$7.12
Enterprise Value$34.8B

Information as of 06/22/2026

Company Profile

REVOLUTION MEDICINES INC
https://www.revmed.com
$35.3B
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 (86.33%)
  • Mutual Funds384.1M (12.97%)
  • Insiders20.7M (0.70%)
  • Other0 (0.00%)