10 Stocks Leaving Wall Street in the Dust; 4 Hit Fresh Records

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1. Erasca Inc. (NASDAQ:ERAS)

Erasca soared to an over three-year high on Tuesday, as investors took heart from an investment firm’s 83 percent price target upgrade for its stock.

At intra-day trading, Erasca Inc. (NASDAQ:ERAS) jumped to its highest price of $7.56 before paring gains to finish the day just up by 20.47 percent at $7.51 apiece.

The rally followed HC Wainwright’s raising of its price target for the company to $11 from $6 previously, while reaffirming its “buy” recommendation.

The upgrade followed Erasca Inc.’s (NASDAQ:ERAS) presentation of preliminary clinical data at the 44th Annual JP Morgan Healthcare Conference on Tuesday, saying that it saw two confirmed partial responses and one unconfirmed partial response during the clinical study of its pan-RAS molecular glue degrader ERAS-0015.

In addition, more unconfirmed responses were observed in patients taking 8 mg doses, with consistent, linear pharmacokinetics across all dose levels evaluated and no evidence of exposure plateau so far.

The topline results are scheduled to be released in the first half of 2026.

While we acknowledge the potential of ERAS to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ERAS and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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