Enovix (ENVX)
NASDAQ:ENVX
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ENVX Stock Chart & Stats
$6.62
-$1.46(-10.19%)
At close: 4:00 PM EST
$6.62
-$1.46(-10.19%)
Day’s Range― - ―
52-Week Range$4.62 - $16.49
Previous CloseN/A
Volume5.60M
Average Volume (3M)5.52M
Market Cap
$1.47B
Enterprise Value$1.90B
Total Cash (Recent Filing)$512.04M
Total Debt (Recent Filing)$540.38M
Price to Earnings (P/E)―
Beta2.31
Next Earnings
May 06, 2026EPS Estimate
-0.16Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.76
Shares Outstanding217,224,440
10 Day Avg. Volume6,164,049
30 Day Avg. Volume5,523,984
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 Cap1.29
Enterprise Value/Revenue59.73
Enterprise Value/Gross Profit386.62
Enterprise Value/Ebitda-18.78
Forecast
1Y Price Target
$12.31Price Target Upside85.99% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)-0.59
Revenue Forecast (FY)$40.65M
Bulls Say, Bears Say
Bulls Say
Financial Position And Capital AllocationA sizable cash balance, a new share repurchase plan, and potential merger activity support strategic flexibility to fund growth and defend the stock.
Revenue DiversificationExpansion into smart eyewear and defense drone markets offers alternative revenue paths that could reduce dependence on smartphone approvals.
Technical ValidationClearing multiple qualification benchmarks and mapping targeted remediation strategies increases the likelihood of eventual smartphone qualification and broader product adoption.
Bears Say
Guidance And Demand UncertaintyBelow-Street guidance, elevated operating losses, and the absence of a smartphone purchase order increase pressure on financial performance and investor confidence in a handset ramp.
Manufacturing And Yield IssuesA production bottleneck at the electrode dicing step that causes sharp yield declines at higher line speeds indicates meaningful manufacturing risk that could delay volume shipments.
Qualification HurdlesPersistent failure on an accelerated high-power cycling test and mismatched testing protocols create a major barrier to smartphone qualification and related revenue recognition.
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 $1.47B.
When is Enovix’s upcoming earnings report date?
Enovix’s upcoming earnings report date is May 06, 2026 which is tomorrow.
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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Analyst Consensus
Moderate Buy
Average Price Target:
$12.31 (85.99% Upside)
$12.31 (85.99% Upside)
Blogger Sentiment
Neutral
ENVX Sentiment 67%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 996.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.6%
Last 30 Days <0.1%
Last 30 Days <0.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.46%
12-Months-Change
Fundamentals
Return on Equity
-62.42%
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
▲(85.99% Upside)
Technical Analysis
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Ownership Overview
12.91% Insiders
11.30% Mutual Funds
2.01% Other Institutional Investors
60.46% Public Companies and Individual Investors