Energy Recovery, Inc. (ERII) Stock Forecast

NASDAQ: ERIIAnalyst ratings, price target and estimates.

ERII analyst forecast

as of October 18, 2026
Analyst consensus
Hold
3.00 / 5 from 4 analysts
Price target
$8.00
average of analyst targets
Upside to target
+20.3%
from the latest close
Next earnings
November 4, 2026
EPS estimate $-0.04
52-week range
$6.64 – $18.11

ERII analyst ratings

4 analysts
Strong buy
00%
Buy
00%
Hold
4100%
Sell
00%
Strong sell
00%

Number of analysts at each rating.

ERII price target

Price $6.65Target $8.00
52-week low $6.6452-week high $18.11

The average of analyst 12-month price targets compared with the latest close and the 52-week range.

ERII earnings per share estimates

Energy Recovery, Inc. EPS estimates
PeriodAverageLowHighYear agoGrowthAnalysts
Current quarter (Sep '26)$0.00−$0.01$0.01$0.12−100.0%2
Current fiscal year (2026)−$0.02−$0.08$0.04$0.58−103.5%2
Next fiscal year (2027)$0.34$0.33$0.34−$0.02+1,775.0%2

Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.

ERII revenue estimates

Energy Recovery, Inc. revenue estimates
PeriodAverageLowHighGrowthAnalysts
Current quarter (Sep '26)$16.1M$12.8M$19.1M−49.5%4
Current fiscal year (2026)$72.8M$64.4M$81.3M−46.1%4
Next fiscal year (2027)$104.9M$102.4M$108.2M+44.1%4

ERII EPS: reported and forecast

Reported EPSEstimate (average; low–high)

Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.

ERII revenue: reported and forecast

Reported revenueEstimate (average; low–high)

ERII EPS estimate revisions

Energy Recovery, Inc. EPS estimate revisions
Period90 days ago60 days ago30 days ago7 days agoNowChange (90 d)Revisions (30 d)
Current quarter (Sep '26)$0.01$0.01$0.01$0.01$0.00−100.0%0 up · 1 down
Current fiscal year (2026)$0.06$0.06$0.04$0.04−$0.02−133.3%0 up · 0 down
Next fiscal year (2027)$0.54$0.54$0.48$0.48$0.34−37.4%0 up · 1 down

How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.

ERII earnings surprises

Reported EPSEstimate

Reported EPS vs the consensus estimate for the last 12 quarters; ERII beat in 8 of 12.

What analysts expect from ERII

4 analysts cover Energy Recovery; their consensus rating is hold (3.00 on a 1–5 scale, where 5 is a strong buy). The average price target is $8.00, 20.3% above the latest close of $6.65. Analysts expect earnings of −$0.02 per share for 2026, −103.5% from a year earlier. For 2027 the average estimate is $0.34 per share on revenue of $104.9 million. Energy Recovery beat the EPS estimate in 8 of the last 12 quarters.

Related: ERII income statement, ERII key metrics, ERII chart. See the ERII stock overview for the latest quote and news.

ERII forecast FAQ

What is Energy Recovery's price target?

The average analyst price target for Energy Recovery is $8.00, 20.3% above the latest close of $6.65.

Is Energy Recovery a buy, hold or sell?

Of 4 analysts covering Energy Recovery, 0 rate it a strong buy, 0 a buy, 4 a hold, 0 a sell and 0 a strong sell, a consensus of hold. Ratings are opinions, not a recommendation from Quotelinks.

What is Energy Recovery's EPS forecast?

Analysts forecast −$0.02 per share for 2026 (range −$0.08 to $0.04); for 2027 the estimate is $0.34.

What is Energy Recovery's revenue forecast?

The average revenue estimate for 2026 is $72.8 million, growth of −46.1%; for 2027 it is $104.9 million.

When does Energy Recovery report earnings?

Energy Recovery is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes; the EPS estimate is $-0.04.

Does Energy Recovery usually beat earnings estimates?

Energy Recovery reported EPS at or above the analyst estimate in 8 of the last 12 quarters.

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