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ERII Stock Chart & Stats
$7.90
<$0.01(0.12%)
At close: 4:00 PM EDT
$7.90
<$0.01(0.12%)
Day’s Range― - ―
52-Week Range$6.60 - $18.32
Previous CloseN/A
Volume514.13K
Average Volume (3M)982.94K
Market Cap
$347.62M
Enterprise Value$379.37
Total Cash (Recent Filing)$93.06M
Total Debt (Recent Filing)$8.23M
Price to Earnings (P/E)22.9
Beta1.20
Next Earnings
Nov 04, 2026EPS Estimate
-0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.29
Shares Outstanding51,044,876
10 Day Avg. Volume1,082,762
30 Day Avg. Volume982,943
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
$8.00Price Target Upside1.27% Upside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)-0.17
Revenue Forecast (FY)$73.57M
Bulls Say, Bears Say
Bulls Say
High Margins And Cash GenerationHigh gross and EBIT margins show that ERII’s engineered products retain substantial economic value, while strong operating and free cash flow conversion demonstrates effective earnings quality. Together, these support reinvestment, resilience, and sustained internal funding capacity.
Conservative Balance SheetMinimal leverage reduces financial strain and leaves ERII better positioned to withstand project timing changes or industry cyclicality. A conservative balance sheet also preserves flexibility to fund product development, manufacturing initiatives, and customer support without relying heavily on external capital.
Structural Growth And Pipeline VisibilityA multi-year pipeline and disclosed backlog provide a durable foundation beyond individual quarterly awards, while high-single-digit structural growth supports continued demand for efficiency-focused equipment. This visibility can help ERII scale revenue as delayed projects progress.
Bears Say
Recent Revenue ContractionThe recent top-line contraction indicates that strong margins have not fully offset weaker project activity and timing. If revenue softness persists, operating leverage could pressure earnings growth and make performance less consistent despite the company’s otherwise attractive profitability profile.
Geopolitical Project DelaysDelays on major Middle East projects can defer orders and revenue even when underlying customer demand remains intact. Because ERII sells into project-based installations, prolonged financing and procurement disruption could extend uneven results and postpone conversion of its pipeline into sales.
Limited Near-term Financial VisibilityThe absence of formal guidance makes near-term revenue and earnings planning less reliable for investors and may reflect uncertainty in project execution. It also suggests that pipeline and backlog cannot yet be translated confidently into a stable operating outlook for the 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 $6.60 and its highest was $18.32 in the past 12 months.
What is Energy Recovery’s market cap?
Energy Recovery’s market cap is $347.62M.
When is Energy Recovery’s upcoming earnings report date?
Energy Recovery’s upcoming earnings report date is Nov 04, 2026 which is in 35 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 -0.06.
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
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$8.00 (1.27% Upside)
$8.00 (1.27% Upside)
Blogger Sentiment
Neutral
ERII Sentiment 75%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Decreased
By 315.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 3.9%
Last 30 Days ▼ 3.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-56.13%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-6.85%
Trailing 12-Months
Learn more about TipRanks Smart Score
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
$8.00
▲(1.27% Upside)
Technical Analysis
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Ownership Overview
2.95% Insiders
17.95% Mutual Funds
13.86% Other Institutional Investors
46.66% Public Companies and
Individual Investors








