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The latest announcement is out from Energy Recovery ( (ERII) ).
On August 6, 2025, Energy Recovery, Inc. announced a new share repurchase program authorized by its Board of Directors to buy back up to $25 million of its common stock over the next 12 months. This initiative follows two previous repurchase programs totaling $105 million between November 2024 and August 2025, reflecting the company’s strong cash generation and confidence in its growth strategy. The repurchase program is flexible, allowing purchases through various trading methods and can be adjusted or discontinued as needed. The company plans to fund these repurchases with cash on hand, indicating robust financial health and a commitment to returning capital to shareholders.
The most recent analyst rating on (ERII) stock is a Hold with a $20.00 price target. To see the full list of analyst forecasts on Energy Recovery stock, see the ERII Stock Forecast page.
Spark’s Take on ERII Stock
According to Spark, TipRanks’ AI Analyst, ERII is a Outperform.
Energy Recovery’s overall stock score reflects its solid financial performance and strategic initiatives in the desalination and CO2 sectors. While the company faces challenges such as lost revenue from China, its strong balance sheet and effective tariff mitigation strategies support a positive outlook. Technical indicators and valuation suggest moderate market positioning.
To see Spark’s full report on ERII stock, click here.
More about Energy Recovery
Energy Recovery is a global leader in energy efficiency technology, specializing in pressure exchanger technology to design and manufacture solutions that enhance energy efficiency, generate cost savings, and reduce carbon emissions across various industries. The company has a strong presence in the desalination industry and has been providing transformative solutions for over 30 years. Headquartered in the San Francisco Bay Area, it operates manufacturing and R&D facilities in California and offers global sales and technical support.
Average Trading Volume: 491,469
Technical Sentiment Signal: Strong Sell
Current Market Cap: $742.8M
Find detailed analytics on ERII stock on TipRanks’ Stock Analysis page.