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ENVX Stock Chart & Stats
$3.95
$0.12(3.04%)
At close: 4:00 PM EDT
$3.95
$0.12(3.04%)
Day’s Range― - ―
52-Week Range$3.06 - $14.21
Previous CloseN/A
Volume1.46M
Average Volume (3M)5.36M
Market Cap
$788.92M
Enterprise Value$1.23K
Total Cash (Recent Filing)$475.78M
Total Debt (Recent Filing)$16.49B
Price to Earnings (P/E)―
Beta2.32
Next Earnings
Nov 10, 2026EPS Estimate
-0.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.80
Shares Outstanding219,448,530
10 Day Avg. Volume5,700,066
30 Day Avg. Volume5,355,542
Financial Highlights & Ratios
PEG Ratio0.25
Price to Book (P/B)5.83
Price to Sales (P/S)49.72
P/FCF Ratio-13.94
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$11.21Price Target Upside183.91% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)-0.56
Revenue Forecast (FY)$38.83M
Bulls Say, Bears Say
Bulls Say
Sustained Revenue GrowthRepeated year-over-year growth and sequential improvement indicate customer adoption is beginning to translate into commercial revenue. Continued growth guidance provides a near-term runway, although the company remains at an early scale.
Improving Manufacturing EconomicsA sustained positive gross-profit streak and improving factory yields suggest Enovix is progressing from technology development toward more repeatable production. Better yields can support future margin expansion as volumes increase and manufacturing processes mature.
Multiple Commercial Growth PlatformsCommercial activity across smart eyewear, drones, defense and smartphones gives Enovix several routes to scale rather than relying on one application. This broadens potential demand and may reduce dependence on a single end market as programs mature.
Bears Say
Persistent Losses And Cash BurnLarge operating losses and recurring negative free cash flow show that commercial growth has not yet produced self-funding economics. Continued investment in capacity and production will require substantial cash, increasing execution and financing risk over time.
Customer Qualification And Concentration RiskMajor volume opportunities remain conditional on qualification milestones, particularly the lead smartphone test. Dependence on a limited customer base leaves revenue conversion vulnerable to delays, technical outcomes or changes in customer launch plans.
Manufacturing Throughput ConstraintsThe Zone 1 bottleneck and delayed capacity additions could restrict shipments precisely when customer demand and pipeline conversion improve. Until throughput and capacity are resolved, production scale, revenue timing and margin absorption remain uncertain.
Enovix News
ENVX FAQ
What was Enovix Corporation’s price range in the past 12 months?
Enovix Corporation lowest stock price was $3.06 and its highest was $14.21 in the past 12 months.
What is Enovix Corporation’s market cap?
Enovix Corporation’s market cap is $788.92M.
When is Enovix Corporation’s upcoming earnings report date?
Enovix Corporation’s upcoming earnings report date is Nov 10, 2026 which is in 83 days.
How were Enovix Corporation’s earnings last quarter?
Enovix Corporation released its earnings results on Aug 12, 2026. The company reported -$0.13 earnings per share for the quarter, beating the consensus estimate of -$0.146 by $0.016.
Is Enovix Corporation overvalued?
According to Wall Street analysts Enovix Corporation’s price is currently Undervalued.
Does Enovix Corporation pay dividends?
Enovix Corporation does not currently pay dividends.
What is Enovix Corporation’s EPS estimate?
Enovix Corporation’s EPS estimate is -0.15.
How many shares outstanding does Enovix Corporation have?
Enovix Corporation has 219,448,530 shares outstanding.
What happened to Enovix Corporation’s price movement after its last earnings report?
Enovix Corporation reported an EPS of -$0.13 in its last earnings report, beating expectations of -$0.146. Following the earnings report the stock price went down -6.342%.
Which hedge fund is a major shareholder of Enovix Corporation?
Currently, no hedge funds are holding shares in ENVX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Enovix Stock Smart Score
Underperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$11.21 (183.91% Upside)
$11.21 (183.91% Upside)
Blogger Sentiment
Neutral
ENVX Sentiment 56%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 10.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days >0.1%
Last 30 Days ▼ 1.2%
Last 30 Days ▼ 1.2%
News Sentiment
Bullish
Bullish news 60%
Bearish news 40%
Bearish news 40%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-72.62%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
70.45%
Trailing 12-Months
Company Description
Enovix Corporation
Founded in 2007 and based in Fremont, California, Enovix Corporation specializes in the innovation, development, and production of lithium-ion battery technology.
ENVX Company Deck
ENVX Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed clear operational momentum across three target markets — smartphone qualification progress (lead customer >1,000 cycles), smart eyewear commercial shipments and a rapidly expanding drone/defense pipeline (pipeline +41% to ~$183M) — supported by improving manufacturing yields, new product samples (AI-2, MX1-B01), positive gross profit continuity and a strong cash balance (~$552M). Key near-term risks include a gating accelerated smartphone test (completion targeted end-2026), Zone 1 throughput constraints (yield ~84%), continued operating losses and margin variability during early smart eyewear ramp and capacity scaling timelines (notably South Korea mid-2027). On balance the call emphasized multiple credible paths to commercial scale, commercial traction and disciplined capital planning, while acknowledging expected short-term margin and ramp challenges.View all ENVX earnings summariesENVX Stock 12 Month Forecast
Average Price Target
$11.21
▲(183.91% Upside)
Technical Analysis
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Ownership Overview
13.22% Insiders
11.29% Mutual Funds
8.91% Other Institutional Investors
53.36% Public Companies and Individual Investors