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Enovix (ENVX)
NASDAQ:ENVX
ENVX Stock Chart & Stats
$5.27
-$1.46(-10.19%)
At close: 4:00 PM EST
$5.27
-$1.46(-10.19%)
Day’s Range― - ―
52-Week Range$5.24 - $16.49
Previous CloseN/A
Volume5.60M
Average Volume (3M)6.28M
Market Cap
$1.14B
Enterprise Value-$83.77B
Total Cash (Recent Filing)$512.04B
Total Debt (Recent Filing)$21.11B
Price to Earnings (P/E)―
Beta2.47
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. Volume5,435,800
30 Day Avg. Volume6,275,337
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-73.17
Enterprise Value/Revenue-2.63K
Enterprise Value/Gross Profit-17.04K
Enterprise Value/Ebitda827.66
Forecast
1Y Price Target
$13.21Price Target Upside150.66% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)-0.65
Revenue Forecast (FY)$62.45M
Bulls Say, Bears Say
Bulls Say
Financial Strength And Capital AllocationA sizable cash balance, a new share repurchase plan, and active pursuit of acquisitions support financial flexibility and potential shareholder value enhancement.
Market DiversificationExpansion into smart eyewear and defense drone customers creates alternative revenue paths that require less stringent validation, reducing reliance on a single handset ramp.
Technical Validation ProgressEnovix cleared most qualification benchmarks and is pursuing multiple technical approaches to resolve remaining battery requirements, improving prospects for smartphone supplier approval.
Bears Say
Battery Testing FailuresFailure of an accelerated high-power cycling test remains a major hurdle for smartphone qualification and could delay receipt of handset purchase orders.
Financial Outlook And Profitability PressureBelow-Street guidance and expectations of continued operating losses keep financial performance under pressure and may constrain investor sentiment.
Manufacturing Yield BottleneckA production bottleneck at the initial electrode dicing step causes sharp yield drops at higher line speeds, implying costly R&D changes and slower scale-up.
Enovix News
ENVX FAQ
What was Enovix’s price range in the past 12 months?
Enovix lowest stock price was $5.24 and its highest was $16.49 in the past 12 months.
What is Enovix’s market cap?
Enovix’s market cap is $1.14B.
When is Enovix’s upcoming earnings report date?
Enovix’s upcoming earnings report date is May 06, 2026 which is in 65 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
1
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7
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10
Analyst Consensus
Strong Buy
Average Price Target:
$13.21 (150.66% Upside)
$13.21 (150.66% Upside)
Blogger Sentiment
Neutral
ENVX Sentiment 50%
Sector Average 68%
Sector Average 68%
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
Very Negative
Last 7 Days >0.1%
Last 30 Days ▼ 3.2%
Last 30 Days ▼ 3.2%
News Sentiment
Very Bullish
Bullish news 82%
Bearish news 18%
Bearish news 18%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-41.70%
12-Months-Change
Fundamentals
Return on Equity
-60.52%
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
$13.21
▲(150.66% Upside)
Technical Analysis
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Ownership Overview
12.65% Insiders
10.39% Mutual Funds
3.47% Other Institutional Investors
60.59% Public Companies and Individual Investors