Consensus Rating1
Buy
Highest Price Target1
$28.00
Lowest Price Target1
$20.00
Consensus Price Target1
$22.17

Energy Recovery (NASDAQ:ERII) Stock, Analyst Ratings, Price Targets, Forecasts

Energy Recovery Inc has a consensus price target of $22.17 based on the ratings of 6 analysts. The high is $28 issued by Fearnleys on May 9, 2023. The low is $20 issued by B. Riley Securities on November 19, 2024. The 3 most-recent analyst ratings were released by Seaport Global, Scotiabank, and B. Riley Securities on December 5, 2024, December 5, 2024, and November 19, 2024, respectively. With an average price target of $21.33 between Seaport Global, Scotiabank, and B. Riley Securities, there's an implied 29.14% upside for Energy Recovery Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jul
2
Nov
2
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.3
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Seaport Global
Scotiabank
B. Riley Securities
Evercore ISI Group
Raymond James

1calculated from analyst ratings

Analyst Ratings for Energy Recovery

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FAQ

Q

What is the target price for Energy Recovery (ERII) stock?

A

The latest price target for Energy Recovery (NASDAQ:ERII) was reported by Seaport Global on December 5, 2024. The analyst firm set a price target for $22.00 expecting ERII to rise to within 12 months (a possible 33.17% upside). 6 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Energy Recovery (ERII)?

A

The latest analyst rating for Energy Recovery (NASDAQ:ERII) was provided by Seaport Global, and Energy Recovery initiated their buy rating.

Q

When was the last upgrade for Energy Recovery (ERII)?

A

The last upgrade for Energy Recovery Inc happened on July 9, 2024 when Raymond James raised their price target to $21. Raymond James previously had an outperform for Energy Recovery Inc.

Q

When was the last downgrade for Energy Recovery (ERII)?

A

There is no last downgrade for Energy Recovery.

Q

When is the next analyst rating going to be posted or updated for Energy Recovery (ERII)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Energy Recovery, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Energy Recovery was filed on December 5, 2024 so you should expect the next rating to be made available sometime around December 5, 2025.

Q

Is the Analyst Rating Energy Recovery (ERII) correct?

A

While ratings are subjective and will change, the latest Energy Recovery (ERII) rating was a initiated with a price target of $0.00 to $22.00. The current price Energy Recovery (ERII) is trading at is $16.52, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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