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ERII

Energy Recovery, Inc.

ERII

NASDAQ·Industrials·Industrial - Pollution & Treatment Controls·Mkt cap $393.3M

$7.63

-0.26%

P/E

13.33

Mkt Cap

$393.3M

52-Wk Range

$7.51–$18.32

52-Week Range

$7.51 - $18.32

P/E

13.33

Fwd P/E

-44.88

Beta

0.90

Div Yield

0.00%

Avg Vol

1.1M

Shares Out

52.8M

Mkt Cap

$393.3M

Price action

Price chart

Down 47.7% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Proprietary Pressure Exchanger (PX) technology with strong patent protection and industry recognition
  • Established relationships with major EPC firms, OEMs, and global end-users across multiple industries
  • Decades of engineering expertise and proven track record since 1992 in mission-critical applications
  • Diversified product portfolio reducing dependence on single technology or market segment

Bear Case

1 risk

  • Average volatility.

Growth

Profitability at risk

Rising global water scarcity driving increased desalination capacity and wastewater treatment investments

Value

Deep value opportunity - significant discount to Industrial Machinery peers

Momentum

Stable

-4.3% over 3m

Quality

Excellent

Solid business

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 4, 2026

Q3 26 RECAP

AUG 5, 2026

Reported EPS of -$0.03 vs -$0.02 consensus (-66.7% surprise). Revenue of $12.0M vs $18.4M expected (-34.6%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-66.7%

Revenue trend · last 8Q

+17%

-33%

+3%

-17%

-1%

+20%

-134%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$38.6M

$67.1M

$8.1M

$28.1M

$32.0M

$66.6M

$9.7M

-$9.5M

Margins · last 8Q

Gross

61.3%

Operating

85.9%

Profit

Wall Street consensus

1 analyst · 0% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

0%

Hold

1

100%

Sell

0%

Median Price Target

Latest: Seaport Global · $12.00 · May 13, 2026

vs Industry

How ERII stacks vs Industrial - Pollution & Treatment Controls

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.