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

NASDAQ:ERII • US29270J1007

10.24 USD
-0.54 (-5.01%)
At close: Mar 12, 2026
10.24 USD
0 (0%)
After Hours: 3/12/2026, 5:40:39 PM

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
$18.60
+ 81.69% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release DateMay 5, 2026
PeriodQ1 / 2026
EPS Estimate-$0.09
Revenue Estimate11.453M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
81.82%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$18.60
Upside
+ 81.69%
From current price of $10.24 to mean target of $18.60, Based on 11 analyst forecasts
Low
$15.15
Median
$18.56
High
$24.15

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

11 Wall Street analysts provided a forecast for the next 12 months for ERII. The average price target is 18.6 USD. This implies a price increase of 81.69% is expected in the next year compared to the current price of 10.24.
→ 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
81.82%
ERII was analyzed by 11 analysts. The buy percentage consensus is at 82. 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 11 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 DateMay 5, 2026
PeriodQ1 / 2026
EPS Estimate-$0.09
Revenue Estimate11.453M
Revenue Q2Q42.01%
EPS Q2Q49.00%
Number of Analysts6

Next Earnings Revisions

Revenue (1 Month)
-3.42%
Revenue (3 Months)
-3.42%
EPS (1 Month)
-20.00%
EPS (3 Months)
-20.00%

Next Earnings Summary

ERII is expected to report earnings on 5/5/2026. The consensus EPS estimate for the next earnings is -0.09 USD and the consensus revenue estimate is 11.45M USD.
The next earnings revenue estimate has been revised downward by 3.42% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

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%
158.22M
17.21%
192.98M
21.97%
241.04M
24.90%
280.5M
16.37%
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%
47.62M
70.30%
58.293M
22.41%
N/AN/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%
40.095M
65.67%
52.135M
30.03%
N/AN/AN/A
Operating Margin
ERII operating margin by date.ERII operating margin by date.
14.84%15.32%17.93%25.34%27.02%N/AN/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%
0.80
47.33%
1.24
55.77%
N/AN/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
-0.09
49.00%
0.09
31.14%
0.26
112.50%
0.60
12.58%
-0.05
44.44%
0.19
111.11%
0.32
24.00%
0.89
48.72%
Revenue
Q2Q % growth
11.453M
42.01%
29.457M
5.01%
39.117M
22.24%
78.948M
18.06%
17.442M
52.29%
36.72M
24.66%
46.41M
18.64%
92.82M
17.57%
EBITDA
Q2Q % growth
-5.668M
48.75%
4.754M
40.65%
11.908M
83.74%
38.298M
9.90%
-4.275M
24.59%
9.324M
96.13%
16.218M
36.19%
58.144M
51.82%
EBIT
Q2Q % growth
-8.617M
28.33%
1.799M
22.05%
8.778M
139.71%
35.636M
14.63%
-6.496M
24.61%
6.546M
263.87%
13.217M
50.57%
44.81M
25.74%

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 0 0.5 1

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

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

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
16.18%
Revenue Next 5 Year
15.41%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
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?

11 analysts have analysed ERII and the average price target is 18.6 USD. This implies a price increase of 81.69% is expected in the next year compared to the current price of 10.24.


Can you provide the upcoming earnings date for ENERGY RECOVERY INC?

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


What are the consensus estimates for ENERGY RECOVERY INC (ERII) next earnings?

The consensus EPS estimate for the next earnings of ENERGY RECOVERY INC (ERII) is -0.09 USD and the consensus revenue estimate is 11.45M USD.


What is the number of analysts for ERII stock?

The number of analysts covering ENERGY RECOVERY INC (ERII) is 11.