Energy Recovery, Inc. (ERII)
NASDAQ: ERII · Real-Time Price · USD
14.33
-0.23 (-1.58%)
Jan 31, 2025, 3:54 PM EST - Market closed
Energy Recovery Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Energy Recovery stock have an average target of 20.75, with a low estimate of 20 and a high estimate of 22. The average target predicts an increase of 44.80% from the current stock price of 14.33.
Analyst Consensus: Strong Buy
* Price targets were last updated on Dec 5, 2024.
Analyst Ratings
The average analyst rating for ERII stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Seaport Global | Seaport Global | Strong Buy Initiates $22 | Strong Buy | Initiates | $22 | +53.52% | Dec 5, 2024 |
| Scotiabank | Scotiabank | Strong Buy Initiates $22 | Strong Buy | Initiates | $22 | +53.52% | Dec 5, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $22 → $20 | Strong Buy | Maintains | $22 → $20 | +39.57% | Nov 19, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $23 → $20 | Buy | Maintains | $23 → $20 | +39.57% | Nov 19, 2024 |
| Raymond James | Raymond James | Buy → Strong Buy Upgrades $21 | Buy → Strong Buy | Upgrades | $21 | +46.55% | Jul 9, 2024 |
Financial Forecast
Revenue This Year
147.88M
from 128.35M
Increased by 15.22%
Revenue Next Year
168.44M
from 147.88M
Increased by 13.90%
EPS This Year
0.39
from 0.37
Increased by 6.14%
EPS Next Year
0.58
from 0.39
Increased by 47.19%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 153.8M | 184.8M | 232.1M |
| Avg | 147.9M | 168.4M | 204.0M |
| Low | 140.6M | 155.3M | 175.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.8% | 25.0% | 37.8% |
| Avg | 15.2% | 13.9% | 21.1% |
| Low | 9.6% | 5.0% | 4.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.47 | 0.65 | 0.85 |
| Avg | 0.39 | 0.58 | 0.75 |
| Low | 0.33 | 0.51 | 0.67 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 27.7% | 65.8% | 47.1% |
| Avg | 6.1% | 47.2% | 30.6% |
| Low | -9.9% | 29.8% | 15.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.