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Enovix (ENVX)
NASDAQ:ENVX
ENVX Analyst Ratings
Moderate Buy
7 Buy
3 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
ENVX Stock 12 Month Forecast
Average Price Target
$19.81
▲(92.14% Upside)
| Highest Price Target$33.00 | Average Price Target$19.81 | Lowest Price Target$9.50 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
J.P. Morgan
$12
Hold
16.39%
Upside
Reiterated
09/14/25
Craig-Hallum
―
Buy
―
Reiterated
09/11/25
TR | OpenAI - 4o
$10.5→$9.5
Hold
-7.86%
Downside
Reiterated
09/09/25
AI Generated ArticleAI Generated Article
William Blair
―
Buy
―
Reiterated
08/28/25
Enovix's Strategic Expansion and Technological Edge Present Strong Buy OpportunityWe reiterate our Outperform rating. Million Incoming. Yesterday, Enovix stock traded above the volume-weighted average price of $10.50, triggering the early exercise feature on the outstanding warrants, allowing the company to close the transaction well ahead of the October 1, 2026, expiration date. Already, $107.5 million have been exercised, and now this should bring in the rest of the $253.8 million in total proceeds. Malaysia Fab Fully Funded. Adding $250 million to the balance sheet now fully funds all four lines in Malaysia. The first line cost $100 million, and we estimate the next three will cost on average $60 million each, for a total capex spend of $280 million. With all four lines at capacity, 9 million units per line at an ASP of $15, this fab has a yearly revenue generation of over $500 million.
Oppenheimer
$36→$33
Buy
220.08%
Upside
Reiterated
08/01/25
Northland Securities
$25
Buy
142.48%
Upside
Reiterated
08/01/25
Canaccord Genuity
$20→$22
Buy
113.39%
Upside
Reiterated
08/01/25
TD Cowen
$15
Hold
45.49%
Upside
Assigned
08/01/25
Benchmark Co.
$25
Buy
142.48%
Upside
Reiterated
08/01/25
B. Riley Securities
$12→$17
Buy
64.89%
Upside
Reiterated
07/10/25
Cantor Fitzgerald
$30
Buy
190.98%
Upside
Reiterated
04/30/25
Janney Montgomery
$22→$10
Hold
-3.01%
Downside
Downgraded
10/31/24
Ladenburg Thalmann & Co.
$25
Buy
142.48%
Upside
Reiterated
10/30/24
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
J.P. Morgan
$12
Hold
16.39%
Upside
Reiterated
09/14/25
Craig-Hallum
―
Buy
―
Reiterated
09/11/25
TR | OpenAI - 4o
$10.5→$9.5
Hold
-7.86%
Downside
Reiterated
09/09/25
AI Generated ArticleAI Generated Article
William Blair
―
Buy
―
Reiterated
08/28/25
Enovix's Strategic Expansion and Technological Edge Present Strong Buy OpportunityWe reiterate our Outperform rating. Million Incoming. Yesterday, Enovix stock traded above the volume-weighted average price of $10.50, triggering the early exercise feature on the outstanding warrants, allowing the company to close the transaction well ahead of the October 1, 2026, expiration date. Already, $107.5 million have been exercised, and now this should bring in the rest of the $253.8 million in total proceeds. Malaysia Fab Fully Funded. Adding $250 million to the balance sheet now fully funds all four lines in Malaysia. The first line cost $100 million, and we estimate the next three will cost on average $60 million each, for a total capex spend of $280 million. With all four lines at capacity, 9 million units per line at an ASP of $15, this fab has a yearly revenue generation of over $500 million.
Oppenheimer
$36→$33
Buy
220.08%
Upside
Reiterated
08/01/25
Northland Securities
$25
Buy
142.48%
Upside
Reiterated
08/01/25
Canaccord Genuity
$20→$22
Buy
113.39%
Upside
Reiterated
08/01/25
TD Cowen
$15
Hold
45.49%
Upside
Assigned
08/01/25
Benchmark Co.
$25
Buy
142.48%
Upside
Reiterated
08/01/25
B. Riley Securities
$12→$17
Buy
64.89%
Upside
Reiterated
07/10/25
Cantor Fitzgerald
$30
Buy
190.98%
Upside
Reiterated
04/30/25
Janney Montgomery
$22→$10
Hold
-3.01%
Downside
Downgraded
10/31/24
Ladenburg Thalmann & Co.
$25
Buy
142.48%
Upside
Reiterated
10/30/24
Best Analysts Covering Enovix
1 Month
xxx
Success Rate
8/16 ratings generated profit
Average Return
+5.89%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 50.00% of your transactions generating a profit, with an average return of +5.89% per trade.
3 Months
xxx
Success Rate
9/16 ratings generated profit
Average Return
+8.36%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 56.25% of your transactions generating a profit, with an average return of +8.36% per trade.
1 Year
Success Rate
5/16 ratings generated profit
Average Return
-7.46%
reiterated a buy rating 5 months ago
Copying Derek Soderberg's trades and holding each position for 1 Year would result in 31.25% of your transactions generating a profit, with an average return of -7.46% per trade.
2 Years
xxx
Success Rate
6/16 ratings generated profit
Average Return
-9.46%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 37.50% of your transactions generating a profit, with an average return of -9.46% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
ENVX Analyst Recommendation Trends
Rating
May 25
Jun 25
Jul 25
Aug 25
Sep 25
Strong Buy
5
4
4
7
7
Buy
5
6
8
10
10
Hold
2
7
17
21
17
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
12
17
29
38
34
Each month's total comprises the sum of three months' worth of ratings.
ENVX Financial Forecast
ENVX Stock Forecast FAQ
What is ENVX’s average 12-month price target, according to analysts?
Based on analyst ratings, Enovix’s 12-month average price target is 19.81.
What is ENVX’s upside potential, based on the analysts’ average price target?
Enovix has 92.14% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is ENVX a Buy, Sell or Hold?
Enovix has a consensus rating of Moderate Buy which is based on 7 buy ratings, 3 hold ratings and 0 sell ratings.
What is Enovix’s price target?
The average price target for Enovix is 19.81. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $33.00 ,the lowest forecast is $9.50. The average price target represents 92.14% Increase from the current price of $10.31.
The highest analyst price target is $33.00 ,the lowest forecast is $9.50. The average price target represents 92.14% Increase from the current price of $10.31.
What do analysts say about Enovix?
Enovix’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 10 Wall Streets Analysts.
How can I buy shares of ENVX?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.