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Enovix (ENVX)
NASDAQ:ENVX
ENVX Stock Chart & Stats
$4.86
-$1.46(-10.19%)
At close: 4:00 PM EST
$4.86
-$1.46(-10.19%)
Day’s Range― - ―
52-Week Range$4.62 - $16.49
Previous CloseN/A
Volume5.60M
Average Volume (3M)5.81M
Market Cap
$1.06B
Enterprise Value-$83.85B
Total Cash (Recent Filing)$512.04B
Total Debt (Recent Filing)$21.11B
Price to Earnings (P/E)―
Beta2.42
Next Earnings
May 06, 2026EPS Estimate
-0.16Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.14
Shares Outstanding217,224,440
10 Day Avg. Volume5,553,771
30 Day Avg. Volume5,809,174
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-79.42
Enterprise Value/Revenue-2.64K
Enterprise Value/Gross Profit-17.06K
Enterprise Value/Ebitda828.47
Forecast
1Y Price Target
$12.31Price Target Upside153.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)-0.59
Revenue Forecast (FY)$40.68M
Bulls Say, Bears Say
Bulls Say
Financial Flexibility And Strategic ActionsRecord revenue alongside expanding gross margins, a sizable cash balance, a new share repurchase plan, and potential merger or acquisition interest strengthen the company's ability to fund development and pursue growth opportunities.
Market DiversificationExpansion into smart eyewear and defense drone markets offers alternative revenue pathways with less demanding validation, which could offset delays in handset adoption.
Product Qualification ProgressAnalyst highlights clearing most qualification benchmarks and mapping multiple technical approaches, signaling momentum that could help secure major smartphone contracts once remaining requirements are met.
Bears Say
Accelerated High-power Test FailureFailure in an accelerated high-power cycling test remains a major hurdle for smartphone qualification despite passing standard lifecycle testing, threatening certification timelines.
Extended Smartphone ValidationExtended smartphone validation and a mismatch with legacy accelerated tests have pushed the handset revenue ramp out and increased investor scrutiny, delaying expected order flow.
Production Bottlenecks And Yield RiskA production bottleneck at the initial electrode dicing step has caused sharp yield drops at higher line speeds and is prompting R&D into new laser and mechanical die systems, risking near-term manufacturing scale-up.
Enovix News
ENVX FAQ
What was Enovix’s price range in the past 12 months?
Enovix lowest stock price was $4.62 and its highest was $16.49 in the past 12 months.
What is Enovix’s market cap?
Enovix’s market cap is $1.06B.
When is Enovix’s upcoming earnings report date?
Enovix’s upcoming earnings report date is May 06, 2026 which is in 44 days.
How were Enovix’s earnings last quarter?
Enovix released its earnings results on Feb 25, 2026. The company reported -$0.14 earnings per share for the quarter, beating the consensus estimate of -$0.176 by $0.036.
Is Enovix overvalued?
According to Wall Street analysts Enovix’s price is currently Undervalued.
Does Enovix pay dividends?
Enovix does not currently pay dividends.
What is Enovix’s EPS estimate?
Enovix’s EPS estimate is -0.16.
How many shares outstanding does Enovix have?
Enovix has 217,224,440 shares outstanding.
What happened to Enovix’s price movement after its last earnings report?
Enovix reported an EPS of -$0.14 in its last earnings report, beating expectations of -$0.176. Following the earnings report the stock price went down -3.252%.
Which hedge fund is a major shareholder of Enovix?
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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10
Analyst Consensus
Moderate Buy
Average Price Target:
$12.31 (153.29% Upside)
$12.31 (153.29% Upside)
Blogger Sentiment
Neutral
ENVX Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 996.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $16.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 0.7%
Last 30 Days ▲ 0.7%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-38.94%
12-Months-Change
Fundamentals
Return on Equity
-0.23%
Trailing 12-Months
Asset Growth
66.16%
Trailing 12-Months
Company Description
Enovix
Enovix Corporation designs, develops, and manufactures lithium-ion batteries. The company was founded in 2007 and is headquartered in Fremont, California.
ENVX Company Deck
ENVX Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a number of meaningful operational and commercial positives: record quarterly and annual revenue, improved gross margins, a strong cash position ($621M), clear near-term commercialization pathways (smart eyewear shipments expected H2 2026), an expanding defense and drone pipeline (~$100M), and improving manufacturing yields and leadership. However, there are important near-term risks and uncertainties — most notably the smartphone qualification gap on the accelerated 0.7C cycle-life test, the Zone 1 dicing throughput constraint, continued substantial operating losses, and Q1 seasonality-driven revenue decline. Management articulated defined mitigation paths for technical and manufacturing challenges and emphasized ample liquidity and disciplined capital allocation. Overall, the progress and liquidity mitigate many risks, but timing and execution on qualification and scale remain key variables.View all ENVX earnings summariesENVX Stock 12 Month Forecast
Average Price Target
$12.31
▲(153.29% Upside)
Technical Analysis
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Ownership Overview
12.43% Insiders
10.97% Mutual Funds
12.61% Other Institutional Investors
51.33% Public Companies and Individual Investors