Energy Recovery (NASDAQ:ERII – Get Free Report) is anticipated to release its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect Energy Recovery to post earnings of ($0.04) per share and revenue of $18.3570 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning overview 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 released its earnings results on Wednesday, May 6th. The industrial products company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.13). Energy Recovery had a net margin of 15.07% and a return on equity of 10.89%. The business had revenue of $9.71 million for the quarter, compared to analyst estimates of $8.37 million. 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 Stock Performance
Shares of ERII stock opened at $8.31 on Wednesday. The firm’s 50 day moving average price is $8.61 and its two-hundred day moving average price is $10.85. The stock has a market cap of $428.30 million, a PE ratio of 21.96 and a beta of 0.90. Energy Recovery has a 52-week low of $7.83 and a 52-week high of $18.32.
Insider Buying and Selling at Energy Recovery
Hedge Funds Weigh In On Energy Recovery
A number of hedge funds have recently made changes to their positions in ERII. Ameriprise Financial Inc. boosted its holdings in Energy Recovery by 5.1% in the second quarter. Ameriprise Financial Inc. now owns 5,401,044 shares of the industrial products company’s stock valued at $69,025,000 after acquiring an additional 262,151 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Energy Recovery by 3.8% in the 3rd quarter. Vanguard Group Inc. now owns 3,762,742 shares of the industrial products company’s stock worth $58,021,000 after purchasing an additional 137,338 shares during the period. Amundi boosted its stake in shares of Energy Recovery by 323.6% in the 4th quarter. Amundi now owns 2,851,691 shares of the industrial products company’s stock valued at $38,457,000 after purchasing an additional 2,178,560 shares during the last quarter. State Street Corp boosted its stake in shares of Energy Recovery by 22.6% in the 4th quarter. State Street Corp now owns 1,764,522 shares of the industrial products company’s stock valued at $23,803,000 after purchasing an additional 325,280 shares during the last quarter. Finally, Legal & General Group Plc increased its position in shares of Energy Recovery by 32.2% during the third quarter. Legal & General Group Plc now owns 1,307,738 shares of the industrial products company’s stock worth $20,165,000 after buying an additional 318,584 shares during the period. 83.58% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several research firms have commented on ERII. Northcoast Research downgraded shares of Energy Recovery from a “buy” rating to a “neutral” rating in a report on Wednesday, April 15th. Weiss Ratings downgraded Energy Recovery from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, June 25th. Freedom Capital cut Energy Recovery from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Wall Street Zen lowered Energy Recovery from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Finally, Seaport Research Partners reiterated a “buy” rating and set a $12.00 price objective on shares of Energy Recovery in a research note on Wednesday, May 13th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Energy Recovery has a consensus rating of “Hold” and an average target price of $15.00.
Check Out Our Latest Stock Report on ERII
About Energy Recovery
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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