Energy Recovery (ERII) Stock Forecast, Price Target & Predictions
ERII Stock Forecast
Energy Recovery stock forecast is as follows: an average price target of $22.00 (represents a 43.42% upside from ERII’s last price of $15.34) and a rating consensus of 'Strong Buy', based on 2 wall street analysts offering a 1-year stock forecast.
ERII Price Target
The average price target for Energy Recovery (ERII) is $22.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $22.00 to $22.00. This represents a potential 43.42% upside from ERII's last price of $15.34.
ERII Analyst Ratings
According to 2 Wall Street analysts, Energy Recovery's rating consensus is 'Strong Buy'. The analyst rating breakdown for ERII stock is 1 'Strong Buy' (50.00%), 1 'Buy' (50.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Energy Recovery Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 05, 2024 | Jeff Campbell | Seaport Global | $22.00 | $16.40 | 34.15% | 43.42% |
The latest Energy Recovery stock forecast, released on Dec 05, 2024 by Jeff Campbell from Seaport Global, set a price target of $22.00, which represents a 34.15% increase from the stock price at the time of the forecast ($16.40), and a 43.42% increase from ERII last price ($15.34).
Energy Recovery Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 1 |
| Avg Price Target | $22.00 | $22.00 | $22.00 |
| Last Closing Price | $15.34 | $15.34 | $15.34 |
| Upside/Downside | 43.42% | 43.42% | 43.42% |
In the current month, the average price target of Energy Recovery stock is $22.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 43.42% increase as opposed to Energy Recovery's last price of $15.34. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 05, 2024 | Seaport Global | Buy | Initialise | |
| Jul 09, 2024 | Raymond James | Outperform | Strong Buy | Upgrade |
| Nov 08, 2022 | Raymond James | Outperform | Upgrade |
Energy Recovery's last stock rating was published by Seaport Global on Dec 05, 2024. The company Initialise its ERII rating from "null" to "Buy".
Energy Recovery Financial Forecast
Energy Recovery Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $37.04M | $20.72M | $13.40M | $42.29M | $30.46M | $20.29M | $32.55M | $33.58M | $20.78M | $20.61M | $28.94M | $26.43M | $27.41M | $43.61M | $21.54M | $19.50M | $24.85M |
| Avg Forecast | $72.35M | $47.54M | $31.81M | $25.95M | $62.19M | $43.28M | $30.79M | $26.10M | $67.93M | $37.37M | $22.88M | $13.50M | $63.49M | $31.29M | $24.51M | $13.04M | $40.72M | $34.33M | $22.67M | $28.25M | $31.77M | $20.27M | $21.93M | $27.33M | $25.06M | $25.06M | $32.43M | $20.48M | $17.67M | $22.01M |
| High Forecast | $83.02M | $54.55M | $36.50M | $29.77M | $71.36M | $49.66M | $35.33M | $31.53M | $69.67M | $38.24M | $22.88M | $15.49M | $64.23M | $33.00M | $28.12M | $14.96M | $46.73M | $34.33M | $22.67M | $28.25M | $31.77M | $20.27M | $21.93M | $27.33M | $25.06M | $25.06M | $32.43M | $20.48M | $17.67M | $22.01M |
| Low Forecast | $62.28M | $40.93M | $27.39M | $22.34M | $53.54M | $37.26M | $26.51M | $20.67M | $65.58M | $36.50M | $22.88M | $11.62M | $62.73M | $30.10M | $21.10M | $11.23M | $35.06M | $34.33M | $22.67M | $28.25M | $31.77M | $20.27M | $21.93M | $27.33M | $25.06M | $25.06M | $32.43M | $20.48M | $17.67M | $22.01M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 5 | 4 | 4 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.18% | 0.85% | 1.03% | 1.04% | 0.89% | 0.90% | 1.15% | 1.06% | 1.03% | 0.94% | 1.06% | 1.05% | 1.09% | 1.34% | 1.05% | 1.10% | 1.13% |
Energy Recovery's average Quarter revenue forecast for Dec 23 based on 2 analysts is $63.49M, with a low forecast of $62.73M, and a high forecast of $64.23M. ERII's average Quarter revenue forecast represents a 71.42% increase compared to the company's last Quarter revenue of $37.04M (Sep 23).
Energy Recovery EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 5 | 4 | 4 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $13.98M | $-2.59M | $-6.73M | $14.61M | $6.20M | $-643.00K | $9.61M | $7.81M | $2.91M | $1.76M | $7.67M | $5.34M | $7.53M | $23.26M | $2.21M | $921.00K | $6.55M |
| Avg Forecast | $16.64M | $10.94M | $7.32M | $5.97M | $14.30M | $9.95M | $7.08M | $6.00M | $15.62M | $8.60M | $5.26M | $3.10M | $14.60M | $7.20M | $5.64M | $3.00M | $9.37M | $7.69M | $5.07M | $7.72M | $7.11M | $4.54M | $6.35M | $6.12M | $5.61M | $5.61M | $7.26M | $2.21M | $3.96M | $4.93M |
| High Forecast | $19.09M | $12.55M | $8.40M | $6.85M | $16.41M | $11.42M | $8.13M | $7.25M | $16.02M | $8.79M | $5.26M | $3.56M | $14.77M | $7.59M | $6.47M | $3.44M | $10.75M | $7.69M | $5.07M | $9.27M | $7.11M | $4.54M | $7.62M | $6.12M | $5.61M | $5.61M | $7.26M | $2.66M | $3.96M | $4.93M |
| Low Forecast | $14.33M | $9.41M | $6.30M | $5.14M | $12.31M | $8.57M | $6.10M | $4.75M | $15.08M | $8.40M | $5.26M | $2.67M | $14.43M | $6.92M | $4.85M | $2.58M | $8.06M | $7.69M | $5.07M | $6.18M | $7.11M | $4.54M | $5.08M | $6.12M | $5.61M | $5.61M | $7.26M | $1.77M | $3.96M | $4.93M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.94% | -0.46% | -2.24% | 1.56% | 0.81% | -0.13% | 1.24% | 1.10% | 0.64% | 0.28% | 1.25% | 0.95% | 1.34% | 3.20% | 1.00% | 0.23% | 1.33% |
2 analysts predict ERII's average Quarter EBITDA for Dec 23 to be $14.60M, with a high of $14.77M and a low of $14.43M. This is 4.45% upper than Energy Recovery's previous annual EBITDA (Sep 23) of $13.98M.
Energy Recovery Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 5 | 4 | 4 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-1.67M | $-6.30M | $13.72M | $4.79M | $-2.36M | $7.89M | $5.26M | $1.07M | $1.07M | $6.87M | $3.45M | $5.39M | $16.93M | $621.00K | $-609.00K | $5.15M |
| Avg Forecast | $22.15M | $10.78M | $4.66M | $4.95M | $18.73M | $8.71M | $2.79M | $744.25K | $22.66M | $3.79M | $-6.58M | $-7.89M | $22.00M | $2.62M | $-1.17M | $-8.35M | $9.18M | $5.55M | $66.24M | $6.23M | $6.69M | $-286.83K | $3.85M | $3.63M | $2.58M | $1.58M | $9.75M | $621.00K | $-956.12K | $1.34M |
| High Forecast | $26.40M | $12.85M | $5.56M | $5.90M | $22.32M | $10.38M | $3.33M | $11.16M | $24.72M | $3.93M | $-5.39M | $-6.46M | $23.10M | $4.72M | $-954.93K | $-6.84M | $10.94M | $5.55M | $66.24M | $7.47M | $6.69M | $-286.83K | $4.62M | $3.63M | $2.58M | $1.58M | $9.75M | $745.20K | $-956.12K | $1.34M |
| Low Forecast | $18.14M | $8.83M | $3.82M | $4.06M | $15.34M | $7.14M | $2.29M | $-5.21M | $19.57M | $3.64M | $-7.85M | $-9.40M | $20.90M | $1.57M | $-1.39M | $-9.96M | $7.52M | $5.55M | $66.24M | $4.98M | $6.69M | $-286.83K | $3.08M | $3.63M | $2.58M | $1.58M | $9.75M | $496.80K | $-956.12K | $1.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.43% | 0.75% | 1.49% | 0.86% | -0.04% | 1.27% | 0.79% | -3.73% | 0.28% | 1.89% | 1.34% | 3.41% | 1.74% | 1.00% | 0.64% | 3.85% |
Energy Recovery's average Quarter net income forecast for Mar 23 is $-8.35M, with a range of $-9.96M to $-6.84M. ERII's average Quarter net income forecast represents a -160.87% decrease compared to the company's last Quarter net income of $13.72M (Dec 22).
Energy Recovery SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 5 | 4 | 4 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.93M | $12.36M | $11.96M | $11.55M | $12.31M | $10.85M | $9.91M | $10.45M | $8.85M | $8.71M | $9.31M | $9.12M | $8.41M | $7.10M | $9.02M | $8.77M | $8.08M |
| Avg Forecast | $25.55M | $16.79M | $11.24M | $9.16M | $21.97M | $15.29M | $10.87M | $9.22M | $23.99M | $13.20M | $8.08M | $4.77M | $22.42M | $11.05M | $8.66M | $4.61M | $14.38M | $12.13M | $8.01M | $7.82M | $11.22M | $7.16M | $7.75M | $9.65M | $8.85M | $8.85M | $11.45M | $9.02M | $6.24M | $7.77M |
| High Forecast | $29.32M | $19.27M | $12.89M | $10.51M | $25.20M | $17.54M | $12.48M | $11.13M | $24.61M | $13.51M | $8.08M | $5.47M | $22.69M | $11.65M | $9.93M | $5.28M | $16.50M | $12.13M | $8.01M | $9.39M | $11.22M | $7.16M | $7.75M | $9.65M | $8.85M | $8.85M | $11.45M | $10.82M | $6.24M | $7.77M |
| Low Forecast | $22.00M | $14.46M | $9.67M | $7.89M | $18.91M | $13.16M | $9.36M | $7.30M | $23.16M | $12.89M | $8.08M | $4.10M | $22.16M | $10.63M | $7.45M | $3.96M | $12.38M | $12.13M | $8.01M | $6.26M | $11.22M | $7.16M | $7.75M | $9.65M | $8.85M | $8.85M | $11.45M | $7.22M | $6.24M | $7.77M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.72% | 1.43% | 2.60% | 0.80% | 1.02% | 1.35% | 1.27% | 0.93% | 1.24% | 1.12% | 0.96% | 1.03% | 0.95% | 0.62% | 1.00% | 1.40% | 1.04% |
Energy Recovery's average Quarter SG&A projection for Dec 23 is $22.42M, based on 2 Wall Street analysts, with a range of $22.16M to $22.69M. The forecast indicates a 182.69% rise compared to ERII last annual SG&A of $7.93M (Sep 23).
Energy Recovery EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 5 | 4 | 4 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.03 | $-0.11 | $0.25 | $0.09 | $-0.04 | $0.14 | $0.09 | $0.02 | $0.02 | $0.12 | $0.06 | $0.10 | $0.30 | $0.01 | $-0.01 | $0.09 |
| Avg Forecast | $0.38 | $0.18 | $0.08 | $0.09 | $0.32 | $0.15 | $0.05 | $0.01 | $0.39 | $0.07 | $-0.11 | $-0.14 | $0.38 | $0.04 | $-0.02 | $-0.14 | $0.16 | $0.10 | $1.15 | $0.06 | $0.12 | $-0.01 | $0.01 | $0.06 | $0.04 | $0.03 | $0.17 | $0.01 | $-0.02 | $0.02 |
| High Forecast | $0.45 | $0.22 | $0.10 | $0.10 | $0.38 | $0.18 | $0.06 | $0.19 | $0.42 | $0.07 | $-0.09 | $-0.11 | $0.40 | $0.08 | $-0.02 | $-0.12 | $0.19 | $0.10 | $1.15 | $0.06 | $0.12 | $-0.01 | $0.01 | $0.06 | $0.04 | $0.03 | $0.17 | $0.01 | $-0.02 | $0.02 |
| Low Forecast | $0.31 | $0.15 | $0.07 | $0.07 | $0.26 | $0.12 | $0.04 | $-0.09 | $0.34 | $0.06 | $-0.13 | $-0.16 | $0.36 | $0.03 | $-0.02 | $-0.17 | $0.13 | $0.10 | $1.15 | $0.06 | $0.12 | $-0.01 | $0.01 | $0.06 | $0.04 | $0.03 | $0.17 | $0.01 | $-0.02 | $0.02 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.47% | 0.77% | 1.59% | 0.93% | -0.04% | 2.24% | 0.79% | -4.00% | 1.50% | 1.89% | 1.33% | 3.64% | 1.76% | 0.71% | 0.60% | 3.86% |
According to 2 Wall Street analysts, Energy Recovery's projected average Quarter EPS for Mar 23 is $-0.14, with a low estimate of $-0.17 and a high estimate of $-0.12. This represents a -157.33% decrease compared to ERII previous annual EPS of $0.25 (Dec 22).