Energy Recovery (ERII) Stock Price, News & Analysis

Company Overview

Energy Recovery, Inc. (NASDAQ: ERII) is an energy technology company specializing in the design and manufacture of high-efficiency devices that capture and repurpose energy in fluid-handling applications. The company’s core offering, the Pressure Exchanger® (PX®) device, enables seawater reverse osmosis (SWRO) desalination plants to recover and reuse hydraulic energy that would otherwise be lost during brine discharge. By integrating PX technology into desalination processes, Energy Recovery helps operators significantly reduce the energy consumption and operating costs of producing fresh water from seawater or brackish sources.

In addition to desalination solutions, Energy Recovery has expanded its portfolio to serve the oil and gas sector through turbocharger systems that improve the energy efficiency of hydraulic fracturing operations. These turbochargers capture pressure energy from flowback fluids and convert it into mechanical power to boost pump performance, thereby reducing fuel usage and emissions. The company also provides engineering services, aftermarket support and digital monitoring tools that optimize the performance and reliability of its equipment over long service lifetimes.

Founded in 1992 and headquartered in San Leandro, California, Energy Recovery went public in 2008 and has since supplied thousands of PX devices to desalination and industrial plants around the world. The company has established regional sales and service offices across North America, the Middle East, Europe and the Asia-Pacific region, supporting large-scale municipal and industrial water treatment projects as well as on-site energy recovery solutions for oilfield operations. Its technologies are credited with reducing global carbon emissions by maximizing energy reuse in critical fluid-processing industries.

Energy Recovery’s management team combines expertise in mechanical engineering, fluid dynamics and renewable energy systems. The company’s leadership emphasizes continuous innovation, working closely with customers and research partners to expand the applications of its energy recovery platforms. Through a commitment to sustainability and operational excellence, Energy Recovery remains focused on driving down the cost of water and improving the environmental footprint of fluid-handling processes worldwide.

Key Stats

• Today's Range: $9.30 to $11.13
• 50-Day Range: $9.43 to $16.12
• 52-Week Range: $9.30 to $18.32
• Volume: 3.62 million shs
• Average Volume: 875,737 shs
• Market Capitalization: $490.38 million
• P/E Ratio: 24.82
• Dividend Yield: N/A
• Price Target: $15.00
• Consensus Rating: Moderate Buy

Energy Recovery Stock Analysis - MarketRank™

Energy Recovery scored higher than 89% of companies evaluated by MarketBeat, and ranked 34th out of 173 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Energy Recovery has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 1 strong buy rating, 1 buy rating, 3 hold ratings, and no sell ratings.

Upside Potential

Energy Recovery has a consensus price target of $15.00, representing about 59.1% upside from its current price of $9.43.

Amount of Analyst Coverage

Energy Recovery has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 64.29%

Earnings Growth

Earnings for Energy Recovery are expected to grow by 64.29% in the coming year, from $0.42 to $0.69 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Energy Recovery is 24.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.14.

Price to Earnings Ratio vs. Sector

The P/E ratio of Energy Recovery is 24.82, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 25.43.

Price to Book Value per Share Ratio

Energy Recovery has a P/B Ratio of 2.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.04% of the float of Energy Recovery has been sold short.

Short Interest Ratio / Days to Cover

Energy Recovery has a short interest ratio ("days to cover") of 2.96, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Energy Recovery has recently decreased by 2.55%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Energy Recovery does not currently pay a dividend.

Dividend Growth

Energy Recovery does not have a long track record of dividend growth.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.33

News Sentiment

Energy Recovery has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for Energy Recovery this week, compared to 3 articles on an average week.

Search Interest

Only 4 people have searched for ERII on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

2 people have added Energy Recovery to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Energy Recovery insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,456,512.00 in company stock.

Percentage Held by Insiders

3.20% of the stock of Energy Recovery is held by insiders.

Percentage Held by Institutions

83.58% of the stock of Energy Recovery is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ERII Stock Analysis - Frequently Asked Questions

How have ERII shares performed this year?

Energy Recovery's stock was trading at $13.49 at the beginning of the year. Since then, ERII stock has decreased by 30.1% and is now trading at $9.43.

How were Energy Recovery's earnings last quarter?

Energy Recovery, Inc. (NASDAQ:ERII) posted its earnings results on Wednesday, May, 6th. The industrial products company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of ($0.10) by $0.01. The industrial products company earned $9.71 million during the quarter, compared to the consensus estimate of $8.37 million. Energy Recovery had a trailing twelve-month return on equity of 10.80% and a net margin of 15.07%.
Read the conference call transcript.

Who are Energy Recovery's major shareholders?

Energy Recovery's top institutional shareholders include Dimensional Fund Advisors LP (1.69%), SG Americas Securities LLC (0.69%), Isthmus Partners LLC (0.29%) and Bank of New York Mellon Corp (0.29%). Insiders that own company stock include Arve Hanstveit, Robert Yu Lang Mao, Farshad Ghasripoor, Rodney Clemente, William Yeung, Natarajan Ramanan, Pamela L Tondreau, Joshua Ballard, David W Moon, Lisa A Pollina and Joan Kai Chow.
View institutional ownership trends.

How do I buy shares of Energy Recovery?

Shares of ERII stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Energy Recovery own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Energy Recovery investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY), The RMR Group (RMR), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 5/06/2026
• Today: 5/08/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: POLLUTION CNTRL
• Sub-Industry: Industrial Machinery
• Current Symbol: NASDAQ:ERII
• CIK: 1421517
• Web: www.energyrecovery.com
• Phone: (510) 483-7370
• Fax: 510-483-7371
• Employees: 250
• Year Founded: 1992

Price Target and Rating

• Average Price Target for Energy Recovery: $15.00
• High Price Target: $19.00
• Low Price Target: $13.00
• Potential Upside/Downside: +59.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.38
• Trailing P/E Ratio: 24.82
• Forward P/E Ratio: 22.45
• P/E Growth: N/A
• Net Income: $22.96 million
• Net Margins: 15.07%
• Pretax Margin: 20.44%
• Return on Equity: 10.80%
• Return on Assets: 9.45%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 10.44
• Quick Ratio: 9.04

Sales & Book Value

• Annual Sales: $136.63 million
• Price / Sales: 3.59
• Cash Flow: $0.40 per share
• Price / Cash Flow: 23.30
• Book Value: $3.89 per share
• Price / Book: 2.42

Miscellaneous

• Outstanding Shares: 52,002,000
• Free Float: 50,338,000
• Market Cap: $490.38 million
• Optionable: Optionable
• Beta: 1.04