NASDAQ: CECO

CECO Environmental (CECO) Stock Analysis & Forecast

Sep 28 close

$72.26−1.24 (−1.7%)

Gekko Brief

AI summary

CECO Environmental shares have been active this week amid earnings-beat momentum and growing coverage of its business segments. The company's Industrial Process Solutions unit posted revenue up 8.4% and orders up 81% year over year in the second quarter of 2026, driven by semiconductor and industrial ducting projects. Reports also referenced a quarterly earnings beat, with EPS of $0.47 against a consensus estimate of $0.26 and revenue of $284.96 million, up 53.7% year over year, alongside commentary on the company's Engineered Systems segment and its acquisition of Thermon Group. Analyst and valuation commentary has also circulated, alongside a comparison piece with peer Hydrofarm Holdings Group.

The stock closed at $72.26, down 1.7%, sitting between its 50-day average of $72.95 and 200-day average of $71.79. The GekkoIndex reads 59.6, placing it in the Neutral zone. Price stands 6.2% below Gekko Fair Value of $77.05. Over the past year the stock has returned 45.4%, though the three-month return shows a decline of 19.8%.

CECO next reports earnings on 27 October 2026, before the open, which falls inside a typical 20-trading-day holding window and follows a history of six EPS beats in the last eight quarters, with an average absolute reaction of 12% after results. Over the last 90 days, Congress recorded 1 buy and 0 sells. Seasonally, the next 20 trading days have averaged a 4.3% return over five years, rising in 2 of those years. All six covering analysts currently rate the stock a buy, with a consensus target of $111.86.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

CECO Environmental price vs fair value

$77.05$72.26Sep ’25Mar ’26Sep ’26
Close $72.26200-day averageGekko Fair Value $77.05

CECO Environmental quick facts

Market cap
$4.22B
P/E ratio
—
Forward P/E
26.3
EPS, TTM
−$0.76
Revenue, TTM
$903.2M
Profit margin
-3.4%
Dividend yield
—
Beta
1.51
Volume
399,865 avg 737,082
1-year return
+45.4%
Typical daily move
±5.2%
Typical 20-day move
±8.2%
50-day average
$72.95
200-day average
$71.79
Next earnings
Oct 27 before open
Shares outstanding
58.57M
52-week range
$42.82$101.24

CECO Environmental swing-trade checklist

CECO Environmental scores 2 supportive, 3 mixed and 1 headwind across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive3 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $72.26 sits between the 50-day ($72.95) and 200-day ($71.79) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    59.6, Neutral

    Reading 59.6 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    6.2% below

    Price is 6.2% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 90 days: Congress 1 buy / 0 sales.

    See smart money
  • Earnings riskheadwind

    Reports in 28 days

    Reports on Oct 27, 2026, 28 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    +4.3% on average

    From this point in the calendar, the next 20 trading days averaged +4.3% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

CECO Environmental stock chart and price history

CECO Environmental closed at $72.26 on Sep 28, 2026, +45.4% over the past year, inside a 52-week range of $42.82 to $101.24.

Close50-day average200-day averageVolume
CECO Environmental share price, past year, with 50-day and 200-day moving averages and volume$40$60$80$100NovDecJan 2026FebMarAprMayJunJulAugSep72.26

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+0.2%
3 months
−19.8%
6 months
+18.6%
1 year
+45.4%
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About CECO Environmental

CECO Environmental designs equipment and systems that help industrial operations manage air quality, treat water, and support energy transition projects. It is known for products such as emissions management systems, dust collectors, thermal oxidizers, scrubbers, filtration systems, and fluid handling equipment, alongside engineering and plant design services. These offerings serve industries including aluminum can manufacturing, automobile production, food and beverage processing, semiconductor and electronics fabrication, steel and aluminum milling, wood manufacturing, desalination, and aquaculture, as well as power generation, hydrocarbon processing, water and wastewater treatment, marine vessels, and oil and gas operations.

The company runs through two segments, Engineered Systems and Industrial Process Solutions, which together cover custom-built environmental control systems as well as configured products like dampers, expansion joints, catalytic reduction systems, and industrial cyclones. It operates in the United States, the United Kingdom, the Netherlands, and China, along with other international markets, serving industrial customers across these varied sectors.

CECO Environmental traces its founding back to 1869 and is headquartered in Addison, Texas. Its shares are listed on the NASDAQ under the ticker CECO.

Listed
NASDAQ
Sector
Producer manufacturing
Industry
Industrial machinery
Website
cecoenviro.com

CECO Environmental GekkoIndex: the smart money zone

CECO Environmental’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 59.6, in the Neutral zone, up 1.1 points over five sessions.

010059.6Neutral

Up 1.1 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying19+4.4%+8.9%+21.7%+33.6%
Accumulation168+0.8%+1.4%+3.8%+13.7%
Neutral (current zone)419+1.4%+2.8%+5.3%+13.6%
Distribution57+0.9%+2.0%+3.2%+4.7%
Selling9Too few readings yet

Average CECO share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the CECO price, zone by zone.Track CECO in Gekko

Is CECO Environmental stock overvalued? Gekko Fair Value

CECO Environmental trades 6.2% below Gekko Fair Value of $77.05, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what CECO Environmental shares are worth, recalculated every trading day.

$77.05

Gekko Fair Value, Sep 29, 2026

6.2% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open CECO in Gekko

CECO Environmental insider and Congress trading

No open-market insider purchases were filed for CECO Environmental, and members of Congress disclosed 1 purchase and 0 sales, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for CECO in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every CECO insider filing, plotted on the chart in Gekko.Open CECO in Gekko

Congress trades last 90 days

1trade disclosed: 1 purchase and 0 sales.

MemberTypeAmountDisclosed
Gilbert Ray Cisneros
House, CA, purchase
Purchase$1,001 - $15,000Jul 3
traded Jun 30

From congressional disclosures, which report amounts as ranges.

Buybacks

CECO Environmental has been buying back its own shares.

Bought back, quarter ended Mar 31, 2025
$2.69M
As a share of market cap
0.06%

From company filings.

CECO Environmental earnings: next date and track record

CECO Environmental reports on Oct 27, 2026, before the open (28 days away), and beat the EPS estimate in 6 of its last 8 reports.

6 of 8reports beat the EPS estimate
±12%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

−2.7%Jul ’24−6.5%Oct ’24+8.3%Feb ’25+23.9%Apr ’25+25.4%Jul ’25−1.1%Oct ’25−16.6%Feb ’26+11.6%Apr ’26

Last earnings call, Apr 28, 2026 AI summary

What they said
CECO Environmental's Q1 2026 earnings call highlighted record orders, a record backlog ($1.035B, +72% YoY), and strong revenue ($206M, +17% YoY) with solid EBITDA in line with expectations. Management emphasized momentum, a $7.3B sales pipeline, and confidence in closing the Thermon acquisition in early June with $40M in cost synergies expected and potential commercial synergies. Management raised full-year 2026 outlook (excluding Thermon) — second guidance raise. They expect sequential revenue growth through 2026, margin improvement toward ~34% gross margin target over time, and robust free cash flow. Key markets driving growth include power generation, natural gas infrastructure, semiconductor, industrial water, and international expansion. Supply chain investments and prebuy strategies were highlighted to protect margins. They discussed 80/20 efficiency program starting to roll out, and integration activities with Thermon. Q&A covered pipeline composition, supply chain, Middle East geopolitics impact, power project timing, margins drivers, commercial synergies, industrial water, and tariff impact. Closing remarks reiterated confidence and excitement about Thermon.
Guidance
Management raised full-year 2026 outlook (stand-alone CECO, excluding Thermon). They expect sequential revenue increases through 2026 and aim toward ~34% gross margin (or greater) over time; Thermon close expected in early June with $40 million in cost synergies; combined company estimated ~$1.5 billion run-rate sales post-combination. This is the second guidance raise this year.
Risks flagged
Mentioned risks include uncertainty from the Iran war / Middle East conflict affecting travel and project timing, modestly higher inflation, supply chain inflation and commodity cost pressures (catalysts, specialty steels), and integration/closing risks related to Thermon (but management expressed confidence).
ReportedEPSSurpriseRevenueSurpriseMove
Apr 28, 2026$0.36
est $0.15
+140.0%$205.9M
est $198.9M
+3.5%+11.6%
Feb 24, 2026$0.30
est $0.43
−30.2%$214.7M
est $205.4M
+4.5%−16.6%
Oct 29, 2025$0.26
est $0.25
+4.0%$197.6M
est $190.4M
+3.8%−1.1%
Jul 29, 2025$0.24
est $0.18
+33.3%$185.4M
est $183.1M
+1.3%+25.4%
Apr 29, 2025$0.10
est $0.09
+11.1%$176.7M
est $164.6M
+7.3%+23.9%
Feb 25, 2025$0.27
est $0.23
+19.1%$158.6M
est $148.3M
+6.9%+8.3%
Oct 29, 2024$0.14
est $0.19
−26.3%$135.5M
est $177.9M
−23.8%−6.5%
Jul 30, 2024$0.20
est $0.16
+25.0%$137.5M
est $156.0M
−11.8%−2.7%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

CECO Environmental stock forecast and analyst price targets

Analysts’ average 12-month price target for CECO Environmental is $111.86, +54.8% from the last close, from 6 firms rating the stock in the last 90 days.

$111.86consensus 12-month target, +54.8% from the last close
Low $85High $130
Buy6
Hold0
Sell0

Each firm’s latest rating in the last 90 days: 6 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Aug 31TD CowenBuy, maintained$85+17.6%
Aug 13Northland SecuritiesBuy, maintained$125+73.0%
Aug 11Craig-HallumBuy, reiterated$118+63.3%
Aug 11J.P. MorganBuy, maintained$130+79.9%
Aug 11NeedhamBuy, reiterated$110+52.2%
+5.3%average 20-day move after past Neutral readings
+4.3%average move over the next 20 trading days in the last 5 years
±5.2%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

CECO Environmental seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, CECO Environmental averaged +4.3% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

−5.0%2021+30.0%2022−1.9%2023−6.7%2024+6.1%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+1.4%2 of 5
Next 10 trading days−0.6%2 of 5
Next 15 trading days+0.6%1 of 5
Next 20 trading days+4.3%2 of 5
Next 30 trading days+9.1%3 of 5

For scale, CECO’s typical 20-trading-day move in either direction is about 8.2%.

CECO Environmental market cap and key statistics

CECO Environmental’s market cap is $4.22B and revenue of $903.2M over the last twelve months.

Valuation

Market cap
$4.22B
Forward P/E
26.3
EPS, TTM
−$0.76
Gekko Fair Value
$77.05

Trading

Volume
399,865
Avg volume, 20 days
737,082
52-week high
$101.24
52-week low
$42.82
Shares outstanding
58.57M

Financials

Revenue, TTM
$903.2M
Profit margin
-3.4%
Return on equity
-2.4%
Quarterly earnings growth, YoY
−41.5%

Risk and income

Beta
1.51
Typical daily move
±5.2%
Typical 20-day move
±8.2%

CECO Environmental peers

CECO Environmental’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
LRCXLam Research+0.2%Neutral7.7% above
AMATApplied Materials+1.0%Neutral11.5% below
PHParker-Hannifin−0.4%Neutral5.9% above
TTTrane Technologies0.0%Neutral13.7% above
JCIJohnson Controls International−0.5%Neutral11.4% above
CARRCarrier Global−0.3%Accumulation4.9% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

CECO Environmental stock FAQ

What is CECO Environmental’s market cap?

CECO Environmental’s market cap is $4.22B at the Sep 28, 2026 close of $72.26, with 58.57M shares outstanding.

What is the CECO Environmental stock forecast?

The consensus analyst 12-month price target for CECO Environmental is $111.86, +54.8% from the last close. Of the 6 firms that rated the stock in the last 90 days, 6 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is CECO Environmental stock overvalued or undervalued?

On Gekko’s estimate CECO Environmental is undervalued: the Sep 28, 2026 close of $72.26 is 6.2% below Gekko Fair Value of $77.05. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does CECO Environmental report earnings next?

CECO Environmental is expected to report on Oct 27, 2026, before the market opens (28 days away). Analysts expect earnings of $0.59 per share on revenue of $399.6M. CECO Environmental beat the earnings estimate in 6 of its last 8 reports, moving 12% on average across the report.

What is CECO Environmental’s 52-week high and low?

CECO Environmental’s 52-week high is $101.24 and its 52-week low is $42.82; it closed at $72.26 on Sep 28, 2026, +45.4% over the past year.

Is CECO Environmental stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 6 items with data read as supportive (fair value and smart money), 3 as mixed (trend, gekkoindex and seasonality) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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