Enovix Appoints Dan McCranie to Board of Directors

Enovix ( (ENVX) ) just unveiled an announcement.

On August 12, 2025, Enovix Corporation appointed J. Daniel ‘Dan’ McCranie to its Board of Directors, expanding the board to eight members, six of whom are independent. McCranie, a veteran in the semiconductor and technology sectors, brings extensive experience in board governance and leadership, having served in various roles at companies like onsemi and Freescale Semiconductor. His appointment is expected to strengthen Enovix’s board as the company focuses on expanding commercialization and manufacturing of its advanced battery technology.

The most recent analyst rating on (ENVX) stock is a Buy with a $36.00 price target. To see the full list of analyst forecasts on Enovix stock, see the ENVX Stock Forecast page.

Spark’s Take on ENVX Stock

According to Spark, TipRanks’ AI Analyst, ENVX is a Neutral.

Enovix’s overall stock score is driven by strong revenue growth and strategic corporate actions. However, profitability challenges and the need for additional capital weigh on the score. Technical indicators show positive momentum, but valuation remains a concern due to negative earnings.

To see Spark’s full report on ENVX stock, click here.

More about Enovix

Enovix is a leader in advancing lithium-ion battery technology with its proprietary cell architecture designed to deliver higher energy density and improved safety. The company’s breakthrough silicon-anode batteries are engineered to power a wide range of devices from wearable electronics and mobile communications to industrial and electric vehicle applications. Enovix holds a robust portfolio of issued and pending patents covering its core battery design and manufacturing process.

Average Trading Volume: 7,078,095

Technical Sentiment Signal: Buy

Current Market Cap: $2.1B

For a thorough assessment of ENVX stock, go to TipRanks’ Stock Analysis page.