Energy Recovery (NASDAQ:ERII – Get Free Report) will likely be releasing its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to post earnings of ($0.04) per share and revenue of $18.3570 million for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 5:00 PM ET.
Energy Recovery (NASDAQ:ERII – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The industrial products company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.13). The business had revenue of $9.71 million for the quarter, compared to the consensus estimate of $8.37 million. Energy Recovery had a net margin of 15.07% and a return on equity of 10.89%. On average, analysts expect Energy Recovery to post $-0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Energy Recovery Price Performance
ERII stock opened at $8.65 on Monday. The company has a market capitalization of $445.82 million, a price-to-earnings ratio of 22.76 and a beta of 0.91. Energy Recovery has a 12 month low of $7.83 and a 12 month high of $18.32. The firm has a 50 day moving average of $8.60 and a two-hundred day moving average of $10.72.
Insider Activity
Institutional Investors Weigh In On Energy Recovery
A number of hedge funds have recently bought and sold shares of ERII. Royal Bank of Canada increased its stake in shares of Energy Recovery by 43.1% in the first quarter. Royal Bank of Canada now owns 16,257 shares of the industrial products company’s stock worth $258,000 after purchasing an additional 4,899 shares during the period. Jacobs Levy Equity Management Inc. bought a new stake in Energy Recovery during the 1st quarter valued at approximately $341,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Energy Recovery by 7.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,929 shares of the industrial products company’s stock valued at $714,000 after buying an additional 3,185 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Energy Recovery by 10.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,038 shares of the industrial products company’s stock valued at $3,274,000 after buying an additional 19,992 shares during the last quarter. Finally, Jane Street Group LLC increased its position in Energy Recovery by 54.4% in the 1st quarter. Jane Street Group LLC now owns 122,369 shares of the industrial products company’s stock worth $1,944,000 after buying an additional 43,089 shares during the period. 83.58% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on the stock. Freedom Capital downgraded shares of Energy Recovery from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Weiss Ratings cut shares of Energy Recovery from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday, June 25th. Seaport Research Partners reissued a “buy” rating and set a $12.00 target price on shares of Energy Recovery in a research report on Wednesday, May 13th. Wall Street Zen lowered Energy Recovery from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Finally, Northcoast Research cut Energy Recovery from a “buy” rating to a “neutral” rating in a research report on Wednesday, April 15th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Energy Recovery has an average rating of “Hold” and an average target price of $15.00.
Check Out Our Latest Research Report on Energy Recovery
Energy Recovery Company Profile
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.
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