Energy Recovery (ERII)
NASDAQ:ERII
Want to see ERII full AI Analyst Report?
ERII Stock Chart & Stats
$10.58
-$0.22(-1.48%)
At close: 4:00 PM EST
$10.58
-$0.22(-1.48%)
Day’s Range― - ―
52-Week Range$8.14 - $18.32
Previous CloseN/A
Volume67.39K
Average Volume (3M)845.52K
Market Cap
$444.32M
Enterprise Value$429.34M
Total Cash (Recent Filing)$86.15M
Total Debt (Recent Filing)$8.85M
Price to Earnings (P/E)―
Beta1.20
Next Earnings
Aug 05, 2026EPS Estimate
>-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.39
Shares Outstanding51,545,258
10 Day Avg. Volume778,272
30 Day Avg. Volume845,518
Financial Highlights & Ratios
PEG Ratio4.21
Price to Book (P/B)3.52
Price to Sales (P/S)5.39
P/FCF Ratio41.62
Enterprise Value/Market Cap0.97
Enterprise Value/Revenue3.15
Enterprise Value/Gross Profit4.90
Enterprise Value/Ebitda11.08
Forecast
1Y Price Target
$12.00Price Target Upside13.42% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)0.19
Revenue Forecast (FY)$102.79M
Bulls Say, Bears Say
Bulls Say
High Gross & Operating MarginsEnergy Recovery's proprietary pressure-exchanger technology supports structurally high gross and operating margins. Sustained ~64% gross and double-digit EBIT margins provide durable cash generation and reinvestment capacity, helping absorb project timing volatility and fund R&D, manufacturing upgrades and aftermarket support over multiple years.
Conservative Balance SheetExtremely low debt levels and a large equity base give the company financial flexibility to weather desalination project timing shifts, invest in overseas assembly, build inventory proactively, and pursue capital return actions. This durable strength limits refinancing risk and preserves optionality during geopolitical uncertainty.
Product Roadmap & Q650 CommercializationThe Q650 launch and early design wins indicate continued product innovation and a multi-year migration path to next-generation units. Successful transitions (Q300→Q400 precedent) suggest durable addressable demand and potential share gains as customers adopt more efficient PX tech across new builds and retrofits through ~2028 and beyond.
Bears Say
Geopolitical Exposure & Guidance WithdrawalMaterial exposure to Middle East projects has prompted a pause in 2026 guidance, creating sustained uncertainty around project timing, award-to-build conversion and revenue recognition. Delays or cancellations in a key region can postpone demand realization and extend working capital and inventory cycles for months to years.
Executive Leadership Transition RiskA CEO succession and CFO departure during a period of geopolitical and commercial uncertainty raises execution risk on international expansion, manufacturing footprint moves and cost programs. Leadership gaps can slow strategic decisions and investor visibility, impacting multi-quarter project execution and partner relationships.
Cash Flow & Revenue VolatilityWhile cash generation is generally strong, historical variability and episodes where operating cash lagged earnings indicate project-driven lumpiness. Reliance on timing of large desalination contracts and aftermarket cycles means free cash and margins can swing, challenging predictable reinvestment and buyback pacing over coming quarters.
Energy Recovery News
ERII FAQ
What was Energy Recovery’s price range in the past 12 months?
Energy Recovery lowest stock price was $8.13 and its highest was $18.32 in the past 12 months.
What is Energy Recovery’s market cap?
Energy Recovery’s market cap is $444.32M.
When is Energy Recovery’s upcoming earnings report date?
Energy Recovery’s upcoming earnings report date is Aug 05, 2026 which is in 82 days.
How were Energy Recovery’s earnings last quarter?
Energy Recovery released its earnings results on May 06, 2026. The company reported -$0.23 earnings per share for the quarter, missing the consensus estimate of -$0.135 by -$0.095.
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 >-0.01.
How many shares outstanding does Energy Recovery have?
Energy Recovery has 51,545,258 shares outstanding.
What happened to Energy Recovery’s price movement after its last earnings report?
Energy Recovery reported an EPS of -$0.23 in its last earnings report, missing expectations of -$0.135. Following the earnings report the stock price went down -18.777%.
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
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$12.00 (13.42% Upside)
$12.00 (13.42% Upside)
Blogger Sentiment
Neutral
ERII Sentiment 67%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 451.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 9.1%
Last 30 Days ▲ 9.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-28.65%
12-Months-Change
Fundamentals
Return on Equity
10.89%
Trailing 12-Months
Asset Growth
-7.28%
Trailing 12-Months
Company Description
Energy Recovery
Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells various solutions for the seawater reverse osmosis desalination and industrial wastewater treatment industries worldwide. The company operates through Water and Emerging Technologies segments. It offers a suite of products, including energy recovery devices, and high-pressure feed and recirculation pumps; hydraulic turbochargers and boosters; and spare parts, as well as repair, field, and commissioning services. The company also offers a solution to reduce energy consumption in natural gas processing and in refrigeration systems that use carbon dioxide. It provides its products under the ERI, Ultra PX, PX, Pressure Exchanger, PX Pressure Exchanger, PX PowerTrain, VorTeq, IsoBoost, AT, and AquaBold names to large engineering, procurement, and construction firms; end-users and industry consultants; original equipment manufacturers; and aftermarket customers. The company was incorporated in 1992 and is headquartered in San Leandro, California.
ERII Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presents a mix of meaningful commercial and strategic positives — notably the Q650 launch with early orders, manufacturing expansion plans, and pipeline opportunities in China, South America and potentially Texas — alongside substantial near-term uncertainties tied to the Middle East conflict, withdrawal of 2026 guidance, leadership transitions (CEO retirement intention and CFO resignation), and some cost/input pressures. The positives demonstrate product momentum and a clear strategic plan, but the geopolitical exposure and guidance pause introduce material short-term uncertainty.View all ERII earnings summariesERII Revenue Breakdown
100.00% Water
0.49% Emerging Technologies
ERII Stock 12 Month Forecast
Average Price Target
$12.00
▲(13.42% Upside)
Technical Analysis
Arq Inc
―
Ceco Environmental
―
Fuel Tech
―
ClearSign Combustion
―
LiqTech International
―
Ownership Overview
2.64% Insiders
18.07% Mutual Funds
10.48% Other Institutional Investors
49.56% Public Companies and
Individual Investors