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 29.77% from the current stock price of 15.99.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$20	$20.75	$21	$22
Change	+25.08%	+29.77%	+31.33%	+37.59%

* Price targets were last updated on Dec 5, 2024.

Analyst Ratings

The average analyst rating for Energy Recovery 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	1	2	3	3	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	3	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jeff Campbell Seaport Global	Seaport Global	Strong Buy Initiates $22	Strong Buy	Initiates	$22	+37.59%	Dec 5, 2024
Jeff Campbell Scotiabank	Scotiabank	Strong Buy Initiates $22	Strong Buy	Initiates	$22	+37.59%	Dec 5, 2024
Ryan Pfingst B. Riley Securities	B. Riley Securities	Strong Buy Maintains $22 → $20	Strong Buy	Maintains	$22 → $20	+25.08%	Nov 19, 2024
James West Evercore ISI Group	Evercore ISI Group	Buy Maintains $23 → $20	Buy	Maintains	$23 → $20	+25.08%	Nov 19, 2024
Pavel Molchanov Raymond James	Raymond James	Buy → Strong Buy Upgrades $21	Buy → Strong Buy	Upgrades	$21	+31.33%	Jul 9, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

162.23M

from 144.95M

11.92%

from 144.95M

Revenue Next Year

180.29M

from 162.23M

11.13%

from 162.23M

EPS This Year

0.58

from 0.40

45.35%

from 0.40

EPS Next Year

0.77

from 0.58

31.58%

from 0.58

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	118.99M	103.90M	125.59M	128.35M	144.95M	162.23M	180.29M
Revenue Growth	36.86%	-12.68%	20.87%	2.20%	12.93%	11.92%	11.13%
EPS	0.47	0.24	0.42	0.37	0.40	0.58	0.77
EPS Growth	147.37%	-48.94%	75.00%	-11.90%	8.11%	45.35%	31.58%
Forward PE	-	-	-	-	-	27.50	20.90
No. Analysts	-	-	-	-	-	5	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	168.7M	188.0M
Avg	162.2M	180.3M
Low	154.8M	171.0M

Revenue Growth

Revenue Growth	2025	2026
High	16.4%	15.9%
Avg	11.9%	11.1%
Low	6.8%	5.4%

EPS Forecast

EPS	2025	2026
High	0.65	0.85
Avg	0.58	0.77
Low	0.51	0.68

EPS Growth

EPS Growth	2025	2026
High	62.7%	46.3%
Avg	45.3%	31.6%
Low	27.4%	16.3%

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.