Energy Recovery, Inc. (ERII)
NASDAQ: ERII · Real-Time Price · USD
15.55
+0.26 (1.70%)
Feb 18, 2025, 4:00 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 33.44% from the current stock price of 15.55.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $20 $20.75 $21 $22
Change +28.62% +33.44% +35.05% +41.48%
* 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 Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 112333
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 223444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Seaport Global
Seaport Global
Strong Buy
Initiates
$22
Strong Buy Initiates $22 +41.48% Dec 5, 2024
Scotiabank
Scotiabank
Strong Buy
Initiates
$22
Strong Buy Initiates $22 +41.48% Dec 5, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$22$20
Strong Buy Maintains $22$20 +28.62% Nov 19, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$23$20
Buy Maintains $23$20 +28.62% Nov 19, 2024
Raymond James
Raymond James
Strong Buy
Upgrades
$21
Strong Buy Upgrades $21 +35.05% Jul 9, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
147.88M
from 128.35M
Increased by 15.22%
Revenue Next Year
162.32M
from 147.88M
Increased by 9.76%
EPS This Year
0.37
from 0.37
Increased by 0.16%
EPS Next Year
0.58
from 0.37
Increased by 56.88%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
86.94M118.99M103.90M125.59M128.35M147.88M162.32M180.29M
Revenue Growth
16.68%36.86%-12.68%20.87%2.20%15.22%9.76%11.07%
EPS
0.190.470.240.420.370.370.580.77
EPS Growth
-52.50%147.37%-48.94%75.00%-11.90%0.16%56.88%31.58%
Forward PE
-----41.9626.7520.33
No. Analysts -----554
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 153.8M 169.0M 188.0M
Avg 147.9M 162.3M 180.3M
Low 140.6M 154.8M 171.0M

Revenue Growth

Revenue Growth 202420252026
High
19.8%
14.3%
15.8%
Avg
15.2%
9.8%
11.1%
Low
9.6%
4.7%
5.4%

EPS Forecast

EPS 202420252026
High 0.41 0.65 0.85
Avg 0.37 0.58 0.77
Low 0.33 0.51 0.68

EPS Growth

EPS Growth 202420252026
High
10.7%
75.7%
46.3%
Avg
0.2%
56.9%
31.6%
Low
-9.9%
37.5%
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.