Roth Mkm Forecasts Strong Price Appreciation for CECO Environmental (NASDAQ:CECO) Stock

CECO Environmental (NASDAQ:CECO) had its target price increased by analysts at Roth Mkm from $58.00 to $68.00 in a report released on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Roth Mkm’s price objective would indicate a potential upside of 7.39% from the company’s current price.

CECO has been the subject of several other research reports. Needham & Company LLC boosted their price target on shares of CECO Environmental from $75.00 to $80.00 and gave the company a “buy” rating in a report on Wednesday. Lake Street Capital reissued a “buy” rating and set a $80.00 target price on shares of CECO Environmental in a research note on Wednesday. Zacks Research upgraded shares of CECO Environmental from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 11th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CECO Environmental in a report on Wednesday, January 21st. Finally, Northland Securities boosted their price objective on CECO Environmental from $60.00 to $73.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 24th. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $78.20.

CECO Environmental Stock Down 2.3%

Shares of CECO Environmental stock opened at $63.32 on Wednesday. The stock has a market capitalization of $2.26 billion, a price-to-earnings ratio of 46.56 and a beta of 1.38. 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 business’s 50 day simple moving average is $67.34 and its 200-day simple moving average is $56.37.

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd acquired a new position in shares of CECO Environmental during the 3rd quarter valued at $25,000. Aventura Private Wealth LLC acquired a new stake in shares of CECO Environmental during the fourth quarter valued at approximately $30,000. Advisory Services Network LLC purchased a new stake in shares of CECO Environmental in the third quarter valued at $31,000. Global Retirement Partners LLC acquired a new stake in CECO Environmental during the 3rd quarter worth about $50,000. Finally, First Horizon Corp purchased a new stake in shares of CECO Environmental in the third quarter worth approximately $64,000. Institutional investors and hedge funds own 68.08% of the company’s stock.

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.