The latest price target for Energy Recovery (NASDAQ:ERII) was reported by Freedom Broker on November 10, 2025. The analyst firm set a price target for $18.20 expecting ERII to rise to within 12 months (a possible 72.02% upside). 6 analyst firms have reported ratings in the last year.

The latest analyst rating for Energy Recovery (NASDAQ:ERII) was provided by Freedom Broker, and Energy Recovery maintained their buy rating.

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.

The last downgrade for Energy Recovery Inc happened on May 8, 2025 when B. Riley Securities changed their price target from $20 to $12.5 for Energy Recovery Inc.

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 November 10, 2025 so you should expect the next rating to be made available sometime around November 10, 2026.

While ratings are subjective and will change, the latest Energy Recovery (ERII) rating was a maintained with a price target of $20.00 to $18.20. The current price Energy Recovery (ERII) is trading at is $10.58, which is out of the analyst’s predicted range.