ERII — Energy Recovery Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates ERII Bearish with a Setup Score of 0, net conviction 50, actionability 0. How the Setup Score works →

Total Setup Score0
Directional BiasBearish
Net Conviction50
Actionability0 (extended)

Key signals behind this score

About Energy Recovery Inc

Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells energy efficiency technology solutions in the United States, North, South and Latin America, the Middle East, Northern Africa, Asia, and Europe. It operates through Water and Emerging Technologies segments. The company offers high and low pressure, and ultra high-pressure exchangers; AT and LPT hydraulic turbochargers; and high-pressure feed and circulation pu… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$7.80
Market Cap$396M
Float49.1M
Shares Outstanding51.0M
P/E (Forward)112.36
P/E (TTM)29.81
Price/Sales (TTM)3.28
vs. Analyst Target+19.7% to analyst PT
Profit Margin12.72%
Operating Margin (TTM)-41.92%
Revenue (TTM)$121M
Earnings Growth (YoY)20.10%
Dividend RateNone
Analyst Target Price$9.33 (3 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $92.1M $26.4M $63.8M $38.9M
2021 $104M $14.3M $71.2M $19.9M
2022 $126M $24.0M $87.4M $32.4M
2023 $128M $21.5M $87.1M $28.5M
2024 $145M $23.1M $96.9M $28.0M
2025 $135M $23.0M $87.8M $31.4M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $32.0M $3.9M
Dec 2025 $66.6M $26.9M
Mar 2026 $9.7M -$12.3M
Jun 2026 -$9.5M $12.3M

Ownership & Float

Insider Ownership2.0%
Institutional Ownership98.4%
Short Float5.6%
% of All Funds Holding2.25%
Number of Funds Holding198

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$8.48Near-term / short-term trend
Weekly40-Week SMA$10.99Medium-term trend
Weekly80-Week SMA$12.70Cyclical trend (business cycle)
Weekly200-Week SMA$16.59Secular trend (multi-year)
Monthly10-Month SMA$10.77Near-term monthly trend
Monthly20-Month SMA$12.70Medium-term monthly trend
Monthly40-Month SMA$15.57Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$11.10 resistance 2.07x 2 months ago
$14.40 resistance 1.10x 5 months ago
$17.10 resistance 1.41x 8 months ago
$17.80 resistance 1.60x 20 months ago

Historical Earnings Reactions (73 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -1.47% -0.59% 45.21% 21.05% -28.97%
1 Day -0.88% -0.58% 46.58% 36.63% -35.30%
1 Week -1.31% 0.00% 49.32% 25.91% -33.44%
2 Weeks -1.41% -1.66% 42.47% 34.77% -36.48%
1 Month 0.10% 1.35% 52.78% 47.59% -40.63%

Next earnings: October 24, 2026 (60 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan-6.1%33.3%18
Feb1.2%55.6%18
Mar3.0%61.1%18
Apr2.6%50.0%18
May-6.7%33.3%18
Jun3.7%55.6%18
Jul1.5%50.0%18
Aug-1.2%55.6%18
Sep4.5%55.6%18
Oct10.6%55.6%18
Nov2.4%55.6%18
Dec1.7%50.0%18

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.03% 49.8% 856
Tuesday 0.27% 49.2% 939
Wednesday -0.02% 46.9% 936
Thursday -0.00% 48.3% 918
Friday 0.17% 49.5% 913

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 98.4%

Insider Transactions — Smart Summary

Total insider ownership: 2.0%

12-Month Insider Activity Summary

Total Filings21
Net Value-$1.1M
Net Shares Change-297,089
% of Float-0.6%
C-Suite Filings14
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
Hanstveit Arve -$3.0M 5 5 sell
TONDREAU PAMELA L. +$166,840 1 1 buy
Sabol Colin R +$99,267.22 1 1 buy
Clemente Rodney SVP, Water -$65,647.12 1 N/A
Ramanan Natarajan Chief Technology Officer -$2,875.04 1 1 sell
BUEHLER ALEXANDER J Interim President and CEO +$2,033.2 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-03-06 – 2026-03-11 4 3 -$1.0M 2 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-06-17 Sabol Colin R +$99,267.22 Transaction at $8.88, now -12.2%
2026-06-17 BUEHLER ALEXANDER J Interim President and CEO +$2,033.2 Transaction at $8.66, now -9.9%
2026-05-14 TONDREAU PAMELA L. +$166,840 Transaction at $8.34, now -6.5%
2026-04-06 Hanstveit Arve -$1.7M Transaction at $10.14, now -23.1%
2026-03-06 Ramanan Natarajan Chief Technology Officer -$2,875.04 Transaction at $10.57, now -26.2%
2026-03-09 Hanstveit Arve -$534,400 Transaction at $10.69, now -27.0%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Energy Recovery Inc (ERII) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for ERII on Trend Edge →