ERIIIndustrials · Pollution & Treatment ControlsThe 4 Wall Street analysts covering Energy Recovery, Inc. hold a median 12-month price target of $8 — +11.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 65 of 100 as at 3 Nov 2026 — in the upper half.
Consensus tells you what everyone already believes. The model scores Energy Recovery, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Issuance (95): The share count has been shrinking and the company is not leaning on new borrowing.
Momentum (11): The shares have been drifting down relative to others.
Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on ERII, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +11.6% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 14 Sept 2026 | Seaport Global | Downgrade | Neutral | — |
| 6 Aug 2026 | B. Riley Securities | Maintains | Neutral | — |
| 6 Aug 2026 | B. Riley Securities | Maintains | Neutral | $10 → $8.00 |
| 11 May 2026 | Freedom Broker | Downgrade | Hold | — |
| 10 Nov 2025 | Freedom Broker | Maintains | Buy | — |
| 16 Sept 2025 | CJS Securities | Initiates | Market Outperform | — |
| 7 Aug 2025 | B. Riley Securities | Maintains | Neutral | — |
| 8 May 2025 | B. Riley Securities | Downgrade | Neutral | — |
| 5 Dec 2024 | Scotiabank | Initiates | Buy | — |
| 5 Dec 2024 | Seaport Global | Initiates | Buy | — |
| 19 Nov 2024 | B. Riley Securities | Maintains | Buy | — |
| 19 Nov 2024 | Evercore ISI Group | Maintains | Outperform | — |
| 9 July 2024 | Raymond James | Upgrade | Strong Buy | — |
| 28 Feb 2024 | Evercore ISI Group | Maintains | Outperform | — |
| 2 Nov 2023 | Raymond James | Maintains | Outperform | — |
| 3 Oct 2023 | Raymond James | Maintains | Outperform | — |
| 3 Aug 2023 | Raymond James | Maintains | Outperform | — |
| 12 July 2023 | Raymond James | Maintains | Outperform | — |
| 9 May 2023 | Fearnleys | Upgrade | Buy | — |
| 5 Apr 2023 | Raymond James | Maintains | Outperform | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
ERII appears in the Radar on the weeks it earns a place.
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 4 Nov 2026, Energy Recovery, Inc. returned −56.3% against +12.9% for the S&P 500, dividends included.
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Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 28% of US stocks
Cheaper than 40% of US stocks
Cheaper than 42% of US stocks
Cheaper than 33% of US stocks
Higher than 5% of US stocks
Higher than 9% of US stocks
Higher than 87% of US stocks
Higher than 18% of US stocks
Higher than 74% of US stocks
Higher than 60% of US stocks
Higher than 81% of US stocks
Higher than 1% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Energy Recovery, Inc. has a market value of $355.3M and an enterprise value of $270.4M.
Revenue in the twelve months to 30 June 2026: $120.6M. The latest quarter shrank 57.2% year on year.
Net income over the same four quarters: $15.3M, a 12.7% net margin.
Diluted earnings per share, trailing twelve months: $0.28.
Free cash flow in the twelve months to 30 June 2026: $38.6M, after $2.7M of capital spending.
Energy Recovery, Inc. spent $34.7M on share buybacks in the twelve months to 30 June 2026.
Trailing P/E: 26.8×; forward P/E: 20.8× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.00%, paying out 0% of earnings.
Energy Recovery, Inc. employs 230 people — $524K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Energy Recovery, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Energy Recovery said Middle East desalination megaproject contracting has rebounded, with more than $30 million in new contracts signed over the past 30 days and a record project pipeline of about $525 million.
Why it matters — The update gives ERII watchers information about recent contract activity and the scale of its desalination project pipeline.
Energy Recovery announced financial results for the third quarter and nine months ended September 30, 2026. The company said management released a shareholder letter with business and financial updates and its outlook for 2026.
Why it matters — The announcement directs ERII watchers to the company's shareholder letter for further details on recent performance and its 2026 outlook.
Energy Recovery announced a contract to supply its new PX Q650 energy recovery devices to a major new seawater reverse osmosis desalination plant in Saudi Arabia. When complete, the plant is expected to rank among the world’s 10 largest.
Why it matters — The contract adds a supply agreement for Energy Recovery’s newest, highest-capacity PX device at a major desalination project.
Energy Recovery announced it will release results for the quarter ended September 30, 2026, after market close on November 4, 2026. The company will hold a conference call that day at 2 p.m. PT / 5 p.m. ET to discuss the results and related matters.
Why it matters — ERII watchers can note the scheduled release and call as occasions to review the company’s quarterly results and commentary.
The article reviews Diamond Hill's Small-Mid Cap Strategy results for Q2 2026, noting a 9.73% net return versus a 20.26% gain for the Russell 2500 Index. It discusses strong performance from Regal Rexnord driven by data center demand and the firm's exit from Wix.com amid fundamental headwinds.
Why it matters — This portfolio review provides context on the fund's holdings and strategy decisions, which may be informative for investors tracking Energy Recovery, Inc. within small-mid cap investment strategies.
The 4 Wall Street analysts covering Energy Recovery, Inc. have a median 12-month price target of $8, with estimates ranging from $8 to $8. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 4 analysts covering Energy Recovery, Inc., 0 rate it a Buy, 4 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Energy Recovery, Inc. 65 out of 100 across roughly 4,600 US stocks as at 3 Nov 2026. None of this is personal advice — it does not consider your circumstances.
As at 3 Nov 2026, Energy Recovery, Inc. ranks 65 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Issuance (95 of 100).
No one can know that. What the data says: the median 12-month target from 4 analysts implies +11.6% from the last close, and Ticker Nerd's factor model ranks Energy Recovery, Inc. 65 out of 100 as at 3 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Energy Recovery, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for ERII are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $8 to $8 over the next 12 months.
Energy Recovery, Inc. returned -56.3% over the 12 months to 4 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.
Energy Recovery, Inc. designs and manufactures energy efficiency technology for industrial fluid-handling applications.
The most recent item we track (MarketBeat, 4 Nov 2026): "What Energy Recovery (ERII) Said on Its Q3 Earnings Call". Energy Recovery said Middle East desalination megaproject contracting has rebounded, with more than $30 million in new contracts signed over the past 30 days and a record project pipeline of about $525 million.
Energy Recovery, Inc. designs and manufactures energy efficiency technology for industrial fluid-handling applications. Energy Recovery develops pressure exchanger-based solutions, pumps, and turbochargers used primarily in seawater and brackish water desalination, wastewater treatment, and related water infrastructure. The company also offers refrigeration-focused technology that helps reduce energy consumption and operating costs in carbon dioxide-based cooling systems. In addition to its core hardware, Energy Recovery provides spare parts, repair, field service, and commissioning support to customers around the world. Its products serve desalination plant operators, industrial users, supermarket chains, cold storage facilities, and refrigeration system providers, making the company a specialist supplier of technologies that improve process efficiency and resource use across the water and cooling sectors.
CEO Mr. Alexander J. Buehler · 230 employees · United States · https://www.energyrecovery.com
