$13.96
0.21[1.53%]
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Energy Recovery
(NASDAQ:ERII)Energy Recovery Stock (NASDAQ:ERII), Analyst Ratings, Price Targets, Predictions
Energy Recovery Inc has a consensus price target of $25, established from looking at the 11 latest analyst ratings. The last 3 analyst ratings were released from Evercore ISI Group, Raymond James, and Raymond James on February 28, 2024, November 2, 2023, and October 3, 2023. With an average price target of $24.67 between Evercore ISI Group, Raymond James, and Raymond James, there's an implied 79.39% upside for Energy Recovery Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Evercore ISI Group
Raymond James
Fearnleys
B. Riley Securities
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Energy Recovery
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 02/28/2024 | ERII | Buy Now | Energy Recovery | $13.75 | 74.55% | Evercore ISI Group | James West | $26 → $24 | Maintains | Outperform | Get Alert |
| 11/02/2023 | ERII | Buy Now | Energy Recovery | $13.75 | 45.45% | Raymond James | Pavel Molchanov | $30 → $20 | Maintains | Outperform | Get Alert |
| 10/03/2023 | ERII | Buy Now | Energy Recovery | $13.75 | 118.18% | Raymond James | Pavel Molchanov | $32 → $30 | Maintains | Outperform | Get Alert |
| 08/03/2023 | ERII | Buy Now | Energy Recovery | $13.75 | 132.73% | Raymond James | Pavel Molchanov | $31 → $32 | Maintains | Outperform | Get Alert |
| 07/12/2023 | ERII | Buy Now | Energy Recovery | $13.75 | 125.45% | Raymond James | Pavel Molchanov | $26 → $31 | Maintains | Outperform | Get Alert |
| 05/09/2023 | ERII | Buy Now | Energy Recovery | $13.75 | 103.64% | Fearnleys | Nils Thommesen | → $28 | Upgrade | Hold → Buy | Get Alert |
| 04/05/2023 | ERII | Buy Now | Energy Recovery | $13.75 | 89.09% | Raymond James | Pavel Molchanov | $23 → $26 | Maintains | Outperform | Get Alert |
| 11/17/2022 | ERII | Buy Now | Energy Recovery | $13.75 | 103.64% | B. Riley Securities | Ryan Pfingst | → $28 | Initiates | → Buy | Get Alert |
| 11/08/2022 | ERII | Buy Now | Energy Recovery | $13.75 | 67.27% | Raymond James | Pavel Molchanov | → $23 | Upgrade | Market Perform → Outperform | Get Alert |
| 07/07/2021 | ERII | Buy Now | Energy Recovery | $13.75 | — | Raymond James | Pavel Molchanov | — | Downgrade | Outperform → Market Perform | Get Alert |
| 05/07/2021 | ERII | Buy Now | Energy Recovery | $13.75 | 67.27% | Raymond James | Pavel Molchanov | — | Maintains | Outperform | Get Alert |
FAQ
What is the target price for Energy Recovery (ERII)?
The latest price target for Energy Recovery (NASDAQ: ERII) was reported by Evercore ISI Group on February 28, 2024. The analyst firm set a price target for $24.00 expecting ERII to rise to within 12 months (a possible 71.92% upside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Energy Recovery (ERII)?
The latest analyst rating for Energy Recovery (NASDAQ: ERII) was provided by Evercore ISI Group, and Energy Recovery maintained their outperform rating.
When was the last upgrade for Energy Recovery (ERII)?
The last upgrade for Energy Recovery Inc happened on May 9, 2023 when Fearnleys raised their price target to $28. Fearnleys previously had a hold for Energy Recovery Inc.
When was the last downgrade for Energy Recovery (ERII)?
The last downgrade for Energy Recovery Inc happened on July 7, 2021 when Raymond James changed their price target from N/A to N/A for Energy Recovery Inc.
When is the next analyst rating going to be posted or updated for Energy Recovery (ERII)?
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 February 28, 2024 so you should expect the next rating to be made available sometime around February 28, 2025.
Is the Analyst Rating Energy Recovery (ERII) correct?
While ratings are subjective and will change, the latest Energy Recovery (ERII) rating was a maintained with a price target of $26.00 to $24.00. The current price Energy Recovery (ERII) is trading at is $13.96, which is out of the analyst’s predicted range.
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