Energy Recovery, Inc. (ERII) Price Target Analysis
Updated Jul 2, 2026
Analyst Rating: Buy
Based on 16 analysts42.0% Below Target
ERII trades 42.0% below Wall Street's consensus target of $12.50.
Current Price$8.80
Average Target$12.50
Target
Current
Low$12.00
Median$12.50
High$13.00
Analyst Target Range
Forward P/E—
PEG Ratio—
Implied Growth-102.0%
(Declining)
Analyst Spread8.0%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes ERII achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 16 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
ERII Price Target Analysis
Updated July 8, 2026As of July 8, 2026, Energy Recovery, Inc. (ERII) has a Wall Street consensus price target of $12.50, based on estimates from 16 covering analysts. With the stock currently trading at $8.80, this represents a potential upside of +42.0%. The company has a market capitalization of $454M.
Analyst price targets range from a low of $12.00 to a high of $13.00, representing a 8% spread in expectations. The median target of $12.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 11 analysts rating the stock as a Buy or Strong Buy,4 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, ERII trades at a trailing P/E of 21.0x. Analysts expect EPS to grow -102.0% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $9.41, with bear and bull scenarios of $5.93 and $12.40 respectively. Model confidence stands at 45/100, suggesting limited visibility into future performance.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Industrials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+32.9%
Industry Consensus
Avg Forward P/E
60.4x
(High Premium)
Peers with Coverage
9 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 FELEFranklin Electric Co., Inc. | $4.5B | $102.77 | $100.00 | -2.7% | Hold | 22.4x | 11 |
 PUMPProPetro Holding Corp. | $1.5B | $12.30 | $18.25 | +48.4% | Buy | 355.5x | 30 |
 HLIOHelios Technologies, Inc. | $2.6B | $80.01 | $82.67 | +3.3% | Buy | 31.7x | 13 |
 PNRPentair plc | $12.1B | $75.18 | $107.43 | +42.9% | Hold | 14.1x | 41 |
 XYLXylem Inc. | $28.7B | $120.65 | $150.13 | +24.4% | Hold | 21.8x | 40 |
 MSEXMiddlesex Water Company | $1.0B | $55.82 | $55.00 | -1.5% | Buy | 22.2x | 4 |
 CWCOConsolidated Water Co. Ltd. | $459M | $28.67 | — | — | Buy | 32.2x | 6 |
 CDZICadiz Inc. | $343M | $4.08 | $10.00 | +145.1% | Buy | — | 2 |
 DHRDanaher Corporation | $137.4B | $194.19 | $230.89 | +18.9% | Buy | 23.0x | 43 |
 EMREmerson Electric Co. | $77.2B | $137.91 | $162.29 | +17.7% | Buy | 21.2x | 41 |
ERII — Frequently Asked Questions
Quick answers to the most common questions about buying ERII stock.
What is the ERII stock price target for 2026?
The consensus Wall Street price target for ERII is $12.5, representing 42.0% upside from the current price of $8.8. With 16 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is ERII a buy, sell, or hold?
ERII has a consensus rating of "Buy" based on 16 Wall Street analysts. The rating breakdown is predominantly bullish, with 11 Buy/Strong Buy ratings. The consensus 12-month price target of $12.5 implies 42.0% upside from current levels.
Is ERII stock overvalued or undervalued?
ERII's current price is $8.8 with a consensus target of $12.5 (42.0% implied move). Analyst estimates suggest the stock is undervalued at current levels.
How high can ERII stock go?
The most bullish Wall Street analyst has a price target of $13 for ERII, while the most conservative target is $12. The consensus of $12.5 represents the median expectation. Our quantitative valuation model projects a bull case target of $12 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover ERII stock?
ERII is well covered by analysts, with 16 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 10 have Buy ratings, 4 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the ERII stock forecast?
The 12-month ERII stock forecast based on 16 Wall Street analysts shows a consensus price target of $12.5, with estimates ranging from $12 (bear case) to $13 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $9, with bear/bull scenarios of $6/$12.
What is ERII's fair value based on fundamentals?
Our quantitative valuation model calculates ERII's fair value at $9 (base case), with a bear case of $6 and bull case of $12. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 45/100.
Should I buy ERII stock?
Wall Street analysts are very optimistic on ERII, with a "Buy" consensus rating and $12.5 price target (42.0% upside). 11 of 16 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do ERII price targets vary so much?
ERII analyst price targets range from $12 to $13, a 8% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $12.5 consensus represents the middle ground. Our model's $6-$12 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare