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
* 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 '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 2 | 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 | 2 | 3 | 4 | 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 | +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 | Buy → Strong Buy Upgrades $21 | Buy → Strong Buy | Upgrades | $21 | +35.05% | Jul 9, 2024 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
High | 19.8% | 14.3% | 15.8% |
Avg | 15.2% | 9.8% | 11.1% |
Low | 9.6% | 4.7% | 5.4% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
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.