ENERGY RECOVERY INC (ERII) Forecast, Price Target & Analyst Ratings

NASDAQ:ERII • US29270J1007

Current stock price

10.45 USD
-0.17 (-1.6%)
At close:
10.5 USD
+0.05 (+0.48%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ENERGY RECOVERY INC (ERII).

Forecast Snapshot

Consensus Price Target

Price Target
$14.45
+ 38.28% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 6, 2026
Period
Q1 / 2026
EPS Estimate
-$0.10
Revenue Estimate
8.539M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
83.33%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$14.45
Upside
+ 38.28%
From current price of $10.45 to mean target of $14.45, Based on 12 analyst forecasts
Low
$12.12
Median
$14.79
High
$16.80

Price Target Revisions

1 Month
-22.33%
3 Months
-22.33%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for ERII. The average price target is 14.45 USD. This implies a price increase of 38.28% is expected in the next year compared to the current price of 10.45.
The average price target has been revised downward by 22.33% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

ERII Current Analyst RatingERII Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

ERII Historical Analyst RatingsERII Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
83.33%
ERII was analyzed by 12 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about ERII.
In the previous month the buy percentage consensus was at a similar level.
ERII was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2025-09-16CJS SecuritiesInitiate Market Outperform
2025-08-07B. Riley SecuritiesMaintains Neutral -> Neutral
2025-05-08B. Riley SecuritiesDowngrade Buy -> Neutral
2024-12-05ScotiaBankInitiate Buy
2024-12-05Seaport GlobalInitiate Buy
2024-11-19B. Riley SecuritiesMaintains Buy -> Buy
2024-11-19Evercore ISI GroupMaintains Outperform -> Outperform
2024-07-09Raymond JamesUpgrade Outperform -> Strong Buy
2024-02-28Evercore ISI GroupMaintains Outperform -> Outperform
2023-11-02Raymond JamesMaintains Outperform -> Outperform
2023-10-03Raymond JamesMaintains Outperform -> Outperform
2023-08-03Raymond JamesMaintains Outperform -> Outperform
2023-07-12Raymond JamesMaintains Outperform -> Outperform
2023-05-09FearnleysUpgrade Hold -> Buy
2023-04-05Raymond JamesMaintains Outperform
2022-11-17B. Riley SecuritiesInitiate Buy
2022-11-08Raymond JamesUpgrade Market Perform -> Outperform
2021-07-07Raymond JamesDowngrade Outperform -> Market Perform
2021-05-07Raymond JamesMaintains Outperform
2021-03-12Raymond JamesReiterate Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 6, 2026
Period
Q1 / 2026
EPS Estimate
-$0.10
Revenue Estimate
8.539M
Revenue Q2Q
5.88%
EPS Q2Q
46.73%
Number of Analysts
8

Next Earnings Revisions

Revenue (1 Month)
-1.09%
Revenue (3 Months)
-27.99%
EPS (1 Month)
14.55%
EPS (3 Months)
-25.33%

Next Earnings Summary

ERII is expected to report earnings on 5/6/2026. The consensus EPS estimate for the next earnings is -0.1 USD and the consensus revenue estimate is 8.54M USD.
The next earnings revenue estimate has been revised downward by 27.99% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
ERII revenue by date.ERII revenue by date.
128.349M
2.20%		144.948M
12.93%		134.987M
-6.87%		123.7M
-8.36%		149.12M
20.55%		176.26M
18.20%		280.5M
59.14%		314.65M
12.17%
EBITDA
YoY % growth
ERII ebitda by date.ERII ebitda by date.
23.152M
-21.77%		26.246M
13.36%		27.962M
6.54%		35.693M
27.65%		50.263M
40.82%		47.634M
-5.23%		N/AN/A
EBIT
YoY % growth
ERII ebit by date.ERII ebit by date.
19.05M
-23.28%		22.2M
16.54%		24.202M
9.02%		30.358M
25.44%		42.173M
38.92%		40.392M
-4.22%		N/AN/A
Operating Margin
ERII operating margin by date.ERII operating margin by date.
14.84%15.32%17.93%24.54%28.28%22.92%N/AN/A
EPS
YoY % growth
ERII eps by date.ERII eps by date.
0.37
-13.95%		0.45
21.62%		0.54
20.00%		0.59
9.18%		0.89
50.52%		0.98
10.34%		N/AN/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		-0.10
46.73%		0.08
13.66%		0.14
13.90%		0.47
-11.47%		-0.08
14.89%		0.14
79.49%		0.21
56.72%		0.67
43.48%
Revenue
Q2Q % growth		8.539M
5.88%		26.487M
-5.58%		29.782M
-6.93%		59.077M
-11.66%		11.373M
33.19%		30.753M
16.11%		36.822M
23.64%		74.684M
26.42%
EBITDA
Q2Q % growth		-6.225M
43.72%		4.062M
20.18%		8.443M
30.27%		29.438M
-15.53%		-1.819M
70.78%		9.098M
123.98%		14.658M
73.61%		40.722M
38.33%
EBIT
Q2Q % growth		-8.467M
29.58%		1.87M
26.87%		7.051M
92.55%		29.897M
-3.83%		-6.496M
23.27%		6.546M
250.05%		13.217M
87.45%		44.81M
49.88%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

ERII Yearly Revenue VS EstimatesERII Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 100M 200M 300M
ERII Yearly EPS VS EstimatesERII Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.2 -0.2 0.4 0.6 0.8

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
21.94%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
4.67%
Revenue Next 5 Year
15.41%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
12.09%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

ENERGY RECOVERY INC / ERII Forecast FAQ

What is the average price target for ENERGY RECOVERY INC (ERII) stock?

12 analysts have analysed ERII and the average price target is 14.45 USD. This implies a price increase of 38.28% is expected in the next year compared to the current price of 10.45.

When does ENERGY RECOVERY INC (ERII) report earnings?

ENERGY RECOVERY INC (ERII) will report earnings on 2026-05-06.

What are the consensus estimates for ERII stock next earnings?

The consensus EPS estimate for the next earnings of ENERGY RECOVERY INC (ERII) is -0.1 USD and the consensus revenue estimate is 8.54M USD.

What is the consensus rating for ENERGY RECOVERY INC (ERII) stock?

The consensus rating for ENERGY RECOVERY INC (ERII) is 83.3333 / 100 . This indicates that analysts generally have a positive outlook on the stock.