Enovix Holds 2025 Annual Stockholders Meeting

Enovix ( (ENVX) ) just unveiled an announcement.

On June 12, 2025, Enovix Corporation held its 2025 Annual Meeting of Stockholders, where 67.5% of the voting power was represented. During the meeting, stockholders approved the election of seven directors for a one-year term, the compensation of named executive officers, and the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for fiscal year 2025.

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 reflects significant financial challenges due to recurring losses and negative cash flow. However, strategic initiatives and recent corporate events offer potential for future improvement. Technical indicators and earnings call highlights provide moderate optimism. The negative valuation metrics, driven by net losses, weigh heavily on the score.

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

More about Enovix

Enovix Corporation operates in the technology sector, focusing on the development and production of advanced lithium-ion batteries. The company aims to innovate in the energy storage market, providing solutions for various applications including consumer electronics and electric vehicles.

Average Trading Volume: 4,828,790

Technical Sentiment Signal: Sell

Current Market Cap: $1.58B

See more data about ENVX stock on TipRanks’ Stock Analysis page.