CECO Environmental stock gains 6.7 percent on earnings beat
Published on 09/22/2026 at 22:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCECO Environmental Corp. (ISIN US1253021034) traded at USD 74.104 on Nasdaq on September 22, 2026, up 6.7 percent from the prior close of USD 69.48. The move followed quarterly EPS of USD 0.47, which exceeded the USD 0.26 consensus estimate by USD 0.21, according to MarketBeat.
Revenue reaches USD 284.96 million
In the quarter reported on August 10, 2026, CECO generated revenue of USD 284.96 million, compared with the USD 282.21 million consensus estimate. Revenue increased 53.7 percent year over year, while EPS rose from USD 0.26 in the comparable quarter to USD 0.47, according to MarketBeat. The comparison matters because the revenue increase and the EPS improvement point in the same direction, although the reported net margin was negative 3.39 percent for that quarter.
Analyst targets remain above price
MarketBeat reported on September 22, 2026, that Needham maintained a Buy rating with a USD 110.00 price target after its August 11, 2026 report. JPMorgan initiated coverage on July 9, 2026, with an Overweight rating and a USD 130.00 target, while Lake Street Capital raised its target from USD 80.00 to USD 111.00 on June 10, 2026, according to MarketBeat.
The analyst picture is not uniform. Zacks Research cut its rating from Strong Buy to Hold on August 11, 2026, and Weiss Ratings moved from Hold to Sell on September 16, 2026, according to MarketBeat. Across ten analysts, the reported average rating was Moderate Buy and the average price target was USD 104.88 on September 22, 2026.
Stock trades near key averages
CECO changed hands at USD 74.104 on Nasdaq on September 22, 2026, while the 50-day simple moving average stood at USD 73.56 and the 200-day average at USD 74.29. Midday volume was 28,044 shares against an average session volume of 741,103 shares, a 96 percent decline from that average, according to MarketBeat. The close proximity of the price to both moving averages leaves the latest earnings comparison as the clearest measurable driver in the available market snapshot.
CECO Environmental stock holds above USD 69.48
CECO Environmental stock stood at USD 74.104 on Nasdaq as of September 22, 2026, compared with the prior close of USD 69.48. The company provides engineered systems for industrial air quality, water and wastewater treatment, and related process applications, including filtration, scrubbers and oxidation equipment.
CECO Environmental stock data
- Company: CECO Environmental Corp.
- ISIN: US1253021034
- Ticker: CECO
- Trading venue: Nasdaq
- Price as of September 22, 2026: USD 74.104
- Market capitalization: USD 4.29 billion as of September 22, 2026
- Sector / Industry: Industrials / Environmental technology and services
