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ERII Stock Chart & Stats
$8.42
<$0.01(0.12%)
At close: 4:00 PM EDT
$8.42
<$0.01(0.12%)
Day’s Range― - ―
52-Week Range$7.71 - $18.32
Previous CloseN/A
Volume514.13K
Average Volume (3M)943.88K
Market Cap
$407.85M
Enterprise Value$379.37
Total Cash (Recent Filing)$93.06M
Total Debt (Recent Filing)$8.23M
Price to Earnings (P/E)26.4
Beta1.32
Next Earnings
Nov 04, 2026EPS Estimate
-0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.29
Shares Outstanding51,044,876
10 Day Avg. Volume632,811
30 Day Avg. Volume943,878
Financial Highlights & Ratios
PEG Ratio4.18
Price to Book (P/B)3.52
Price to Sales (P/S)5.39
P/FCF Ratio41.62
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$10.00Price Target Upside18.76% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)$90.58M
Bulls Say, Bears Say
Bulls Say
High Margins & Cash GenerationSustained high gross and operating margins combined with exceptional operating and free cash flow conversion provide durable internal funding. This supports reinvestment in R&D, modest recurring capex, and resilience through project timing variability, preserving long-term profitability and optionality.
Conservative Balance SheetMinimal leverage and a conservative balance sheet lower financial risk and preserve flexibility during cyclical project delays. Low debt reduces interest burdens and enables the company to fund working capital, the Saudi ramp, or opportunistic investments without stressing liquidity over the next several years.
Multi-year Pipeline And Product MomentumA multi-year pipeline and a tangible backlog provide structural revenue support beyond short-term cycles, while the PX Q650 broadens addressable markets (including wastewater). Product momentum plus identifiable projects underpins sustainable revenue and margin expansion as scale and uptake increase.
Bears Say
Recent Revenue DeclineA material top-line contraction raises durability concerns: lower revenue can reduce operating leverage, make fixed-cost absorption harder, and create earnings volatility. Sustained recovery in project awards and OEM demand is required to maintain current margin levels and returns.
Geopolitical-driven Project Delays & Visibility LossRegional conflict has led to financing, procurement and scheduling disruptions that delay project execution. This structural uncertainty weakens backlog reliability and hinders near-term revenue forecasting, increasing execution and cashflow timing risk over the coming 2–6 months.
Ramp Timing & Order-conversion LagExpected margin gains from the Saudi plant depend on a multi-year ramp to run-rate production and product scale. Longer procurement and order-conversion lags mean benefits are delayed and add execution risk, weakening near-term margin improvement and cash realization timing.
Energy Recovery News
ERII FAQ
What was Energy Recovery’s price range in the past 12 months?
Energy Recovery lowest stock price was $7.71 and its highest was $18.32 in the past 12 months.
What is Energy Recovery’s market cap?
Energy Recovery’s market cap is $407.85M.
When is Energy Recovery’s upcoming earnings report date?
Energy Recovery’s upcoming earnings report date is Nov 04, 2026 which is in 84 days.
How were Energy Recovery’s earnings last quarter?
Energy Recovery released its earnings results on Aug 05, 2026. The company reported -$0.06 earnings per share for the quarter, missing the consensus estimate of -$0.018 by -$0.042.
Is Energy Recovery overvalued?
According to Wall Street analysts Energy Recovery’s price is currently Undervalued.
Does Energy Recovery pay dividends?
Energy Recovery does not currently pay dividends.
What is Energy Recovery’s EPS estimate?
Energy Recovery’s EPS estimate is -0.04.
How many shares outstanding does Energy Recovery have?
Energy Recovery has 51,044,876 shares outstanding.
What happened to Energy Recovery’s price movement after its last earnings report?
Energy Recovery reported an EPS of -$0.06 in its last earnings report, missing expectations of -$0.018. Following the earnings report the stock price went down -1.467%.
Which hedge fund is a major shareholder of Energy Recovery?
Currently, no hedge funds are holding shares in ERII
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Energy Recovery Stock Smart Score
Underperform
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5
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8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$10.00 (18.76% Upside)
$10.00 (18.76% Upside)
Blogger Sentiment
Neutral
ERII Sentiment 75%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $136.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.0%
Last 30 Days ▼ 1.4%
Last 30 Days ▼ 1.4%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-38.61%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-6.85%
Trailing 12-Months
Company Description
Energy Recovery
Energy Recovery, Inc. (ERII) is a global technology firm that engineers, manufactures, and distributes cutting-edge solutions predominantly for the seawater reverse osmosis (SWRO) desalination and industrial wastewater treatment industries. The company manages its operations through two distinct divisions: Water and Emerging Technologies. Its extensive product range includes advanced energy recovery devices, high-pressure feed and recirculation pumps, and hydraulic turbochargers and boosters. Beyond hardware, ERII also offers crucial support services such as spare parts, repair, field technical assistance, and commissioning. Furthermore, the company develops specialized solutions aimed at minimizing energy consumption in natural gas processing and in refrigeration systems that employ carbon dioxide. These various offerings are commercialized under recognized brand names including ERI, Ultra PX, PX, Pressure Exchanger, PX PowerTrain, VorTeq, IsoBoost, AT, and AquaBold. Its diverse customer base encompasses large engineering, procurement, and construction (EPC) companies, direct end-users, industry consultants, original equipment manufacturers (OEMs), and aftermarket clients. Founded in 1992, Energy Recovery, Inc. is headquartered in San Leandro, California.
ERII Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presents a mixed picture: management highlights strong long-term fundamentals (a multi-year MPD pipeline, product launches like the PX Q650, demonstrated energy savings, modest capex needs, and operational discipline) but also emphasizes significant near-term headwinds from geopolitical conflict that have caused formalized project delays, reduced visibility, softer wastewater results, and an inability to provide 2026 guidance. Margin benefits from the new Saudi facility and product launches are expected but will accrue gradually rather than immediately.View all ERII earnings summariesERII Revenue Breakdown
100.00% Water
0.49% Emerging Technologies

ERII Stock 12 Month Forecast
Average Price Target
$10.00
▲(18.76% Upside)
Technical Analysis
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Ownership Overview
2.95% Insiders
17.95% Mutual Funds
6.13% Other Institutional Investors
52.59% Public Companies and
Individual Investors







