Needham & Company LLC Forecasts Strong Price Appreciation for CECO Environmental (NASDAQ:CECO) Stock

CECO Environmental (NASDAQ:CECO) had its price objective hoisted by investment analysts at Needham & Company LLC from $75.00 to $80.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Needham & Company LLC’s target price indicates a potential upside of 26.34% from the company’s previous close.

Several other research analysts have also commented on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of CECO Environmental in a report on Wednesday, January 21st. Northland Securities increased their price objective on shares of CECO Environmental from $60.00 to $73.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 24th. Zacks Research raised shares of CECO Environmental from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 11th. Finally, HC Wainwright upped their price target on shares of CECO Environmental from $55.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $78.20.

CECO Environmental Price Performance

Shares of CECO Environmental stock opened at $63.32 on Wednesday. The business’s fifty day moving average price is $67.34 and its 200 day moving average price is $56.37. CECO Environmental has a twelve month low of $17.57 and a twelve month high of $81.72. The company has a current ratio of 1.34, a quick ratio of 1.13 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $2.26 billion, a P/E ratio of 46.56 and a beta of 1.38.

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

Institutional Investors Weigh In On CECO Environmental

A number of large investors have recently added to or reduced their stakes in the company. SageView Advisory Group LLC lifted its holdings in CECO Environmental by 1.0% in the 2nd quarter. SageView Advisory Group LLC now owns 29,595 shares of the company’s stock worth $838,000 after buying an additional 290 shares in the last quarter. ProShare Advisors LLC increased its position in shares of CECO Environmental by 8.0% during the fourth quarter. ProShare Advisors LLC now owns 5,390 shares of the company’s stock worth $323,000 after acquiring an additional 399 shares during the last quarter. Osaic Holdings Inc. lifted its stake in shares of CECO Environmental by 3.5% in the second quarter. Osaic Holdings Inc. now owns 12,297 shares of the company’s stock worth $348,000 after acquiring an additional 412 shares in the last quarter. Ellsworth Advisors LLC boosted its holdings in CECO Environmental by 3.2% in the fourth quarter. Ellsworth Advisors LLC now owns 15,047 shares of the company’s stock valued at $996,000 after purchasing an additional 462 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd purchased a new position in CECO Environmental in the third quarter valued at about $25,000. 68.08% of the stock is owned by institutional investors and hedge funds.

CECO Environmental News Roundup

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

• Positive Sentiment: HC Wainwright sharply raised its FY2026 outlook and price target — analyst A. Dayal lifted FY2026 EPS to $1.67 (from $1.50) and boosted Q4 EPS to $0.82; the firm maintains a “Buy” rating and a $90 target, implying sizeable upside and signaling stronger medium‑term earnings expectations.
• Positive Sentiment: Other broker upgrades: Roth MKM raised its target to $68 with a “Buy” rating and Needham increased its target to $80 — these multiple upward target moves support upside sentiment from the sell‑side.
• Positive Sentiment: Management-level growth guidance tied to the Thermon merger: CECO outlined a $925M–$975M 2026 revenue target as the Thermon acquisition reshapes growth trajectory, providing a tangible revenue runway that underpins the higher analyst models. Ceco Environmental outlines $925M–$975M 2026 revenue target
• Positive Sentiment: Investor commentary highlighting M&A-driven growth (Thermon integration) reinforces the strategic narrative that analysts are pricing into upgraded models. CECO Environmental Continues To Grow Through M&A
• Neutral Sentiment: Short-interest data reported for February shows anomalous/zero values (data appears unreliable), so there’s no clear short‑squeeze or bearish crowding signal from the public short‑interest figures at this time.
• Negative Sentiment: HC Wainwright trimmed its Q3 2026 EPS estimate to $0.33 (from $0.40) — a quarter‑level downgrade that tempers some of the enthusiasm and highlights intra‑year volatility in the earnings cadence.
• Negative Sentiment: Recent quarterly results (Feb. 24) included a Q4 EPS miss versus consensus despite revenue growth, which likely contributes to the stock trading lower as investors reconcile strong revenue/organic growth and M&A prospects with near‑term profitability misses.

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.