Energy Recovery, Inc. (ERII)

Energy Recovery Stock Forecast

Stock Price Forecast

According to 3 professional analysts, the 12-month price target for Energy Recovery stock ranges from a low of $14 to a high of $22. The average analyst price target of $18.67 forecasts a 32.13% increase in the stock price over the next year.

Price Target: $18.67 (+32.13%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$14	$18.67	$20	$22
Change	-0.92%	+32.13%	+41.54%	+55.70%

Analyst Ratings

The average analyst rating for Energy Recovery stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	3	3	2	2	2	1
Buy	1	1	1	1	1	1
Hold	0	0	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ryan Pfingst B. Riley Securities	B. Riley Securities	Hold Maintains $13 → $14	Hold	Maintains	$13 → $14	-0.92%	Aug 7, 2025
Ryan Pfingst B. Riley Securities	B. Riley Securities	Strong Buy → Hold Downgrades $20 → $13	Strong Buy → Hold	Downgrades	$20 → $13	-11.54%	May 8, 2025
Jeff Campbell Seaport Global	Seaport Global	Strong Buy Initiates $22	Strong Buy	Initiates	$22	+55.70%	Dec 5, 2024
Jeff Campbell Scotiabank	Scotiabank	Strong Buy Initiates $22	Strong Buy	Initiates	$22	+55.70%	Dec 5, 2024
Ryan Pfingst B. Riley Securities	B. Riley Securities	Strong Buy Maintains $22 → $20	Strong Buy	Maintains	$22 → $20	+41.54%	Nov 19, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

151.94M

Increased by 4.82%

from 144.95M

Revenue Next Year

171.65M

Increased by 12.97%

from 151.94M

EPS This Year

0.55

Increased by 37.70%

from 0.40

EPS Next Year

0.73

Increased by 33.33%

from 0.55

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	118.99M	103.90M	125.59M	128.35M	144.95M	151.94M	171.65M	210.80M
Revenue Growth	36.86%	-12.68%	20.87%	2.20%	12.93%	4.82%	12.97%	22.81%
EPS	0.47	0.24	0.42	0.37	0.40	0.55	0.73	0.87
EPS Growth	147.37%	-48.94%	75.00%	-11.91%	8.11%	37.70%	33.33%	18.06%
Forward PE	-	-	-	-	-	25.65	19.24	16.30
No. Analysts	-	-	-	-	-	5	5	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	157.5M	181.1M	217.0M
Avg	151.9M	171.7M	210.8M
Low	144.9M	160.0M	202.5M

Revenue Growth

Revenue Growth	2025	2026	2027
High	8.7%	19.2%	26.4%
Avg	4.8%	13.0%	22.8%
Low	-0.0%	5.3%	18.0%

EPS Forecast

EPS	2025	2026	2027
High	0.69	0.92	0.89
Avg	0.55	0.73	0.87
Low	0.42	0.63	0.83

EPS Growth

EPS Growth	2025	2026	2027
High	73.3%	67.8%	21.5%
Avg	37.7%	33.3%	18.1%
Low	5.3%	13.9%	13.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.