Enovix Corporation (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)6.71M
Market Cap
$1.46B
Enterprise Value-$66.95B
Total Cash (Recent Filing)$528.74B
Total Debt (Recent Filing)$20.34B
Price to Earnings (P/E)―
Beta2.30
Next Earnings
Aug 12, 2026EPS Estimate
-0.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.82
Shares Outstanding218,153,440
10 Day Avg. Volume9,747,578
30 Day Avg. Volume6,713,086
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-45.94
Enterprise Value/Revenue-1.95K
Enterprise Value/Gross Profit4.01K
Enterprise Value/Ebitda469.66
Forecast
1Y Price Target
$12.50Price Target Upside88.82% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
EPS Forecast (FY)-0.59
Revenue Forecast (FY)$40.43M
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 Corporation’s price range in the past 12 months?
Enovix Corporation lowest stock price was $4.62 and its highest was $16.49 in the past 12 months.
What is Enovix Corporation’s market cap?
Enovix Corporation’s market cap is $1.46B.
When is Enovix Corporation’s upcoming earnings report date?
Enovix Corporation’s upcoming earnings report date is Aug 12, 2026 which is in 79 days.
How were Enovix Corporation’s earnings last quarter?
Enovix Corporation released its earnings results on May 13, 2026. The company reported -$0.14 earnings per share for the quarter, beating the consensus estimate of -$0.155 by $0.015.
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 218,153,440 shares outstanding.
What happened to Enovix Corporation’s price movement after its last earnings report?
Enovix Corporation reported an EPS of -$0.14 in its last earnings report, beating expectations of -$0.155. Following the earnings report the stock price went down -13.58%.
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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$12.50 (88.82% Upside)
$12.50 (88.82% Upside)
Blogger Sentiment
Neutral
ENVX Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 10.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▲ 0.2%
Last 30 Days ▼ 1.9%
Last 30 Days ▼ 1.9%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.69%
12-Months-Change
Fundamentals
Return on Equity
-0.28%
Trailing 12-Months
Asset Growth
67.10%
Trailing 12-Months
Company Description
Enovix Corporation
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlights meaningful commercialization and technical milestones (commercial production of A1, AI2 samples with >20% energy density gains, MX1 drone cell, alignment with smartphone OEMs on qualification framework), strong YoY revenue growth (+49%), improving manufacturing yields and a robust cash position (~$582.7M). Key challenges remain: operating losses and negative EBITDA, Q1 free cash outflow, a current zone dicing throughput bottleneck (yield ~80%) pending mechanical dicer implementation, and potentially longer smartphone qualification timelines due to slower but more realistic 0.1–0.2C testing. Overall, the progress on product readiness, customer engagement and manufacturing improvements, together with a solid liquidity position, outweighs the near-term financial and operational headwinds, supporting a constructive outlook.View all ENVX earnings summariesENVX Stock 12 Month Forecast
Average Price Target
$12.50
▲(88.82% Upside)
Technical Analysis
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Ownership Overview
12.84% Insiders
11.25% Mutual Funds
10.80% Other Institutional Investors
51.77% Public Companies and Individual Investors