CECO Environmental (NASDAQ:CECO) Price Target Raised to $68.00

CECO Environmental (NASDAQ:CECO) had its price target upped by equities researchers at Roth Mkm from $58.00 to $68.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Roth Mkm’s target price suggests a potential upside of 11.40% from the company’s current price.

CECO has been the subject of several other reports. HC Wainwright boosted their price objective on shares of CECO Environmental from $55.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday. Lake Street Capital restated a “buy” rating on shares of CECO Environmental in a research report on Wednesday. Weiss Ratings reiterated a “buy (b-)” rating on shares of CECO Environmental in a research report on Wednesday, January 21st. Needham & Company LLC boosted their target price on CECO Environmental from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Zacks Research upgraded shares of CECO Environmental from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 11th. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, CECO Environmental currently has a consensus rating of “Moderate Buy” and a consensus price target of $73.40.

CECO Environmental Price Performance

CECO stock traded up $1.04 during midday trading on Wednesday, reaching $61.04. The company had a trading volume of 507,138 shares, compared to its average volume of 357,641. CECO Environmental has a 1-year low of $17.57 and a 1-year high of $81.72. The stock has a 50 day moving average price of $67.08 and a 200-day moving average price of $56.27. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.33 and a quick ratio of 1.13. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 43.00 and a beta of 1.38.

CECO Environmental (NASDAQ:CECO) last released its earnings results on Tuesday, February 24th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.35). CECO Environmental had a net margin of 7.22% and a return on equity of 10.84%. The firm had revenue of $214.69 million during the quarter, compared to the consensus estimate of $205.39 million. During the same period in the prior year, the business earned $0.27 earnings per share. CECO Environmental’s quarterly revenue was up 35.4% compared to the same quarter last year. Equities research analysts expect that CECO Environmental will post 0.67 earnings per share for the current year.

Institutional Investors Weigh In On CECO Environmental

Hedge funds have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd bought a new stake in CECO Environmental during the 3rd quarter worth approximately $25,000. Aventura Private Wealth LLC bought a new stake in shares of CECO Environmental in the fourth quarter worth $30,000. Advisory Services Network LLC acquired a new stake in CECO Environmental in the third quarter valued at $31,000. Global Retirement Partners LLC bought a new position in CECO Environmental during the 3rd quarter worth $50,000. Finally, First Horizon Corp acquired a new position in CECO Environmental during the 3rd quarter worth about $64,000. 68.08% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about CECO Environmental

Here are the key news stories impacting CECO Environmental this week:

• Positive Sentiment: HC Wainwright raised its price target sharply to $90 (from $55) and maintained a “buy” rating — a large upward revision that signals renewed analyst confidence and implies significant upside for CECO. HC Wainwright price target raise
• Positive Sentiment: Needham & Company also lifted its price target to $80 (from $75) and kept a “buy” rating, adding to the bullish analyst sentiment that is supporting the stock. Needham price target raise
• Positive Sentiment: CECO announced a strategic combination to acquire Thermon Group in a ~$2.2 billion cash-and-stock deal, creating a larger industrial platform with complementary thermal/heat‑tracing capabilities; management says the combined company will pursue sustained double‑digit growth. This transaction is the main catalyst behind upgrades and higher revenue targets. CECO Announces Strategic Combination with Thermon Group
• Neutral Sentiment: CECO raised 2026 revenue guidance to $925M–$975M (non‑inclusive of Thermon), well above consensus — this improves top‑line visibility but the guidance excludes the Thermon contribution, so investors will watch deal close/timing closely. CECO revenue target article
• Neutral Sentiment: Operationally CECO reported records (full‑year orders > $1B, Q4 gross margin ~35%) and revenue above estimates, which supports the growth narrative even as earnings details are mixed. CECO Reports Fourth Quarter and Full Year 2025 Results
• Neutral Sentiment: Thermon shares surged on the announcement (market reaction to the deal has been strong for Thermon), a positive signal for deal rationale though not a direct guarantee of CECO upside. Thermon shares jump
• Negative Sentiment: Q4 earnings missed EPS consensus — the company reported materially lower EPS vs. Street estimates (company filings and coverage show an EPS shortfall while revenue beat), which injects near‑term earnings uncertainty and partly explains mixed analyst reactions. Q4 earnings miss article
• Negative Sentiment: Shareholder litigation risk has emerged: at least two law firms announced investigations into the CECO‑Thermon merger, which could introduce legal/distraction risk and potential deal complications. Investors should monitor developments. Class action investigation article

CECO Environmental Company Profile

CECO Environmental Corp. (NASDAQ: CECO) is a global technology provider specializing in engineered solutions that help industrial and commercial customers manage air emissions, process fluids and optimize energy use. The company develops custom-engineered systems and modular packages designed to meet evolving environmental regulations and improve operational efficiency across diverse production processes.

CECO’s core offerings include air pollution control equipment—such as scrubbers, cyclones, fabric and cartridge filters—and industrial process filtration systems for applications ranging from particulate removal to oil-water separation.