Energy Recovery: Considering The Q3 Report And SBC, Shares Don't Look Appealing (NASDAQ:ERII)

Core Viewpoint - The investment case for Energy Recovery (ERII) remains bearish, with revenues stagnating and concerns about achieving the 2029 revenue target [1]. Revenue Performance - Energy Recovery's revenues are currently stuck, indicating a lack of growth and potential challenges in meeting future financial targets [1]. Analyst Background - The analyst has over a decade of experience in financial markets, primarily in hedge funds, with a focus on technology sectors such as SaaS and cloud businesses, which are seen as offering significant growth opportunities [1].