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Energy Recovery, Inc.
ERII
NASDAQ·Industrials·Industrial - Pollution & Treatment Controls·Mkt cap $458.8M
$8.84
▼ -0.67%
View full research view
Our plain-language verdict, the thesis, risk factors, and what is changing about the business.
View research view52-Week Range
$7.83 - $18.32
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Down 30.9% 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
Valuation data unavailable
Momentum
Weak
-12.8% over 3m
Quality
Excellent
Strong fundamentals
Dividend
None
No dividend
Smart-money signal
Who's buying ERII right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Recent earnings results
AI-summarized recap of last quarter, plus the surprise on every print.
Next: May 5, 2026
MAY 6, 2026
Reported EPS of -$0.23 vs -$0.10 consensus (-130.0% surprise). Revenue of $9.7M vs $8.4M expected (+15.9%).
EPS surprise · last 4Q
0 of 1 beats
Q2 26
-130.0%
Next: May 5, 2026
Revenue trend · last 8Q
—
—
+17%
-33%
+3%
-17%
-1%
+20%
Q2 24
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
$27.2M
$38.6M
$67.1M
$8.1M
$28.1M
$32.0M
$66.6M
$9.7M
Margins · last 8Q
Gross
—
Operating
—
Profit
-126.2%
Wall Street consensus
1 analyst · 0% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
0%
Hold
100%
Sell
0%
Median Price Target
$12.00
▲ +35.7% vs $8.84
Latest: Seaport Global · $12.00 · May 13, 2026
1 analyst covering