CECO Environmental (NASDAQ:CECO) Price Target Raised to $90.00

CECO Environmental (NASDAQ:CECO) had its price target lifted by HC Wainwright from $55.00 to $90.00 in a research report sent to investors on Wednesday morning,Benzinga reports. They currently have a buy rating on the stock. HC Wainwright also issued estimates for CECO Environmental’s Q1 2026 earnings at $0.16 EPS, Q2 2026 earnings at $0.36 EPS, Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.82 EPS and FY2026 earnings at $1.67 EPS.

CECO has been the topic of a number of other research reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of CECO Environmental in a research report on Wednesday, January 21st. Zacks Research raised shares of CECO Environmental from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. Needham & Company LLC increased their price objective on shares of CECO Environmental from $70.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, January 16th. Finally, Northland Securities raised their target price on shares of CECO Environmental from $60.00 to $73.00 and gave the company an “outperform” rating in a research report on Wednesday, December 24th. Seven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.20.

CECO Environmental Stock Performance

Shares of NASDAQ:CECO opened at $60.45 on Wednesday. CECO Environmental has a 1 year low of $17.57 and a 1 year high of $81.72. The stock has a market capitalization of $2.15 billion, a price-to-earnings ratio of 44.45 and a beta of 1.38. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.34 and a quick ratio of 1.13. The company’s 50 day simple moving average is $67.37 and its 200 day simple moving average is $56.48.

CECO Environmental (NASDAQ:CECO) last released its earnings results on Tuesday, February 24th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.35). CECO Environmental had a return on equity of 10.60% and a net margin of 6.46%.The business had revenue of $214.69 million for the quarter, compared to the consensus estimate of $205.39 million. During the same quarter in the previous year, the company earned $0.27 earnings per share. The firm’s revenue for the quarter was up 35.4% on a year-over-year basis. As a group, research analysts predict that CECO Environmental will post 0.67 EPS for the current fiscal year.

Institutional Investors Weigh In On CECO Environmental

Several large investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd bought a new stake in CECO Environmental in the third quarter worth approximately $25,000. Aventura Private Wealth LLC acquired a new stake in shares of CECO Environmental during the 4th quarter worth approximately $30,000. Advisory Services Network LLC bought a new stake in shares of CECO Environmental in the 3rd quarter valued at $31,000. Global Retirement Partners LLC bought a new stake in shares of CECO Environmental in the 3rd quarter valued at $50,000. Finally, First Horizon Corp acquired a new position in shares of CECO Environmental during the 3rd quarter valued at $64,000. Institutional investors and hedge funds own 68.08% of the company’s stock.

More CECO Environmental News

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

• Positive Sentiment: HC Wainwright raised FY2026 EPS and multiple quarterly estimates and reiterates a “Buy” rating with a $90 price target — this is constructive for expectations of higher future earnings and likely supported buying interest earlier. HC Wainwright Notes
• Positive Sentiment: Independent broker commentary from Needham and Roth MKM published bullish price-appreciation forecasts for CECO, which helped lift analyst-driven enthusiasm. Needham Forecast Roth MKM Forecast
• Positive Sentiment: An analyst upgrade generated heavy trading volume and short-term interest, indicating the market initially reacted positively to the revised forecasts. Volume After Upgrade
• Neutral Sentiment: Coverage pieces highlight CECO’s continued M&A strategy as a growth driver; M&A can boost long-term scale but also adds integration risk and near-term execution uncertainty. M&A Growth Note
• Neutral Sentiment: An investor alert and filing activity around Thermon Group (a separate company) has shown up in headlines; its direct impact on CECO depends on the specifics of any transaction linkage flagged in recent coverage. Thermon Investor Alert
• Negative Sentiment: CECO’s latest quarterly results (Feb. 24) showed an EPS miss — $0.08 vs. consensus ~$0.43 — despite a revenue beat; an earnings miss of that magnitude can trigger profit-taking and reset near-term expectations. Earnings Recap
• Negative Sentiment: A recent Seeking Alpha piece argues CECO’s momentum may be faltering in light of a “big Thermon deal,” which could be read by traders as a catalyst that reduces growth runway or creates near-term uncertainty — this likely pressured the stock. Thermon Deal Analysis

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.