Energy Recovery - ERII Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $25.33
  • Forecasted Upside: 102.18%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$12.53
▼ -0.5 (-3.84%)

This chart shows the closing price for ERII by one month, three months, or twelve months.

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Analyst Price Target for ERII

Analyst Price Target is $25.33
▲ +102.18% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Energy Recovery in the last 3 months. The average price target is $25.33, with a high forecast of $32.00 and a low forecast of $20.00. The average price target represents a 102.18% upside from the last price of $12.53.

This chart shows the closing price for ERII for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 polled investment analysts is to buy stock in Energy Recovery. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/27/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/27/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/25/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/23/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/22/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/21/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/20/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/19/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/28/2024Evercore ISILower TargetOutperform ➝ Outperform$26.00 ➝ $24.00Low
11/2/2023Raymond JamesLower TargetOutperform ➝ Outperform$30.00 ➝ $20.00N/A
10/3/2023Raymond JamesLower TargetOutperform ➝ Outperform$32.00 ➝ $30.00Low
8/3/2023Raymond JamesBoost TargetOutperform ➝ Outperform$31.00 ➝ $32.00Low
6/27/2023B. RileyBoost Target$28.00 ➝ $32.00Low
4/5/2023Raymond JamesBoost TargetOutperform$23.00 ➝ $26.00Low
11/17/2022B. RileyInitiated CoverageBuy$28.00Low
11/8/2022Raymond JamesUpgradeMarket Perform ➝ Outperform$23.00Low
11/7/2022Fearnley FondsDowngradeBuy ➝ HoldLow
8/15/2022Evercore ISIBoost Target$27.00N/A
8/9/2022Evercore ISIBoost Target$27.00N/A
7/7/2021Raymond JamesDowngradeOutperform ➝ Market PerformHigh
5/7/2021Raymond JamesBoost TargetOutperform$21.00 ➝ $23.00Low
3/18/2021Raymond JamesReiterated RatingOutperform$16.00 ➝ $21.00Low
3/12/2021Raymond JamesBoost TargetOutperform$16.00 ➝ $21.00High
1/8/2021Raymond JamesBoost TargetOutperform$11.00 ➝ $16.00Low
1/4/2021Evercore ISIUpgradeIn-Line ➝ OutperformN/A
8/14/2020Raymond JamesReiterated RatingBuy$11.00Medium
6/30/2020B. RileyDowngradeBuy ➝ Neutral$12.00 ➝ $9.50High
3/23/2020B. RileyLower TargetBuy$13.00 ➝ $12.00High
3/17/2020Evercore ISIDowngradeHoldHigh
10/23/2019Raymond JamesInitiated CoverageOutperform$12.00High
10/10/2019JMP SecuritiesSet TargetBuy$15.00Low
8/8/2019Evercore ISIReiterated RatingBuy$18.00Low
7/15/2019B. RileySet TargetBuy$15.00Low
(Data available from 6/19/2019 forward)

News Sentiment Rating

1.48 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
11/22/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/22/2023
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/21/2024
  • 11 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/20/2024
  • 13 very positive mentions
  • 13 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
3/21/2024
  • 2 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
4/20/2024
  • 10 very positive mentions
  • 9 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
5/20/2024
  • 11 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/19/2024

Current Sentiment

  • 11 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Energy Recovery logo
Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells energy efficiency technology solutions in the Americas, the Middle East, Africa, Asia, and Europe. The company operates through Water and Emerging Technologies segments. The company offers high and low pressure, and ultra pressure exchangers; AT and LPT hydraulic turbochargers; and high-pressure feed and circulation booster pumps for use in seawater and brackish desalination, and wastewater treatment. It also provides PX G1300, which reduces energy consumption and operating costs of carbon dioxide-based refrigeration systems; and spare parts, as well as repair, field, and commissioning services. It sells its products under the ERI, PX, Pressure Exchanger, PX Pressure Exchanger, Ultra PX, PX G, PX G1300, PX PowerTrain, AT, and Aquabold brands to original equipment manufacturers, supermarket chains, cold storage facilities, refrigeration system installers, and other industrial users; aftermarket customers consisting of desalination plant owners and operators; and project developers, end-users, and industry consultants, as well as engineering, procurement, and construction firms. Energy Recovery, Inc. was incorporated in 1992 and is headquartered in San Leandro, California.
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Today's Range

Now: $12.53
Low: $12.50
High: $13.05

50 Day Range

MA: $13.72
Low: $12.53
High: $14.90

52 Week Range

Now: $12.53
Low: $12.45
High: $30.76

Volume

168,255 shs

Average Volume

437,150 shs

Market Capitalization

$718.34 million

P/E Ratio

36.85

Dividend Yield

N/A

Beta

1.25

Frequently Asked Questions

What sell-side analysts currently cover shares of Energy Recovery?

The following Wall Street research analysts have issued reports on Energy Recovery in the last twelve months: B. Riley, Evercore ISI, Raymond James, and StockNews.com.
View the latest analyst ratings for ERII.

What is the current price target for Energy Recovery?

3 Wall Street analysts have set twelve-month price targets for Energy Recovery in the last year. Their average twelve-month price target is $25.33, suggesting a possible upside of 102.2%. B. Riley has the highest price target set, predicting ERII will reach $32.00 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of $20.00 for Energy Recovery in the next year.
View the latest price targets for ERII.

What is the current consensus analyst rating for Energy Recovery?

Energy Recovery currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe ERII will outperform the market and that investors should add to their positions of Energy Recovery.
View the latest ratings for ERII.

What other companies compete with Energy Recovery?

How do I contact Energy Recovery's investor relations team?

Energy Recovery's physical mailing address is 1717 Doolittle Drive, San Leandro CA, 94577. The industrial products company's listed phone number is (510) 483-7370 and its investor relations email address is [email protected]. The official website for Energy Recovery is www.energyrecovery.com. Learn More about contacing Energy Recovery investor relations.