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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$3.91 - $15.40
Previous CloseN/A
Volume1.46M
Average Volume (3M)5.36M
Market Cap
$861.71M
Enterprise Value$1.11K
Total Cash (Recent Filing)$528.74M
Total Debt (Recent Filing)$540.50M
Price to Earnings (P/E)―
Beta2.34
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. 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
$12.64Price Target Upside220.07% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)-0.56
Revenue Forecast (FY)$40.46M
Bulls Say, Bears Say
Bulls Say
Revenue Growth & Improving Gross MarginsSustained double‑digit top‑line growth alongside six consecutive quarters of positive gross profit and a 26.3% non‑GAAP gross margin indicate manufacturing learning curves and product-market fit. This durable trend supports scaling economics and margin expansion as volumes rise and drives path to long‑term profitability.
Strong Liquidity RunwayA multi-hundred‑million dollar cash balance provides a structural runway to fund commercialization, CapEx for capacity expansion, and qualification cycles without immediate refinancing. This liquidity reduces short‑term solvency risk and enables investment in scale and process improvements over the next several quarters.
Differentiated Silicon‑anode Tech And Product ValidationProprietary silicon‑anode gains (20%+ volumetric energy density and independent AI1 validation) represent a durable competitive advantage in energy density. Verified performance across smartphone, wearable and drone formats supports premium product positioning and long‑term customer adoption once qualification and scale are achieved.
Bears Say
Persistent Negative Operating And Free Cash FlowConsistent operating and free cash flow deficits indicate the business still consumes material cash to run and expand operations. Even with strong liquidity, sustained burn increases financing risk, can force dilution or debt, and constrains discretionary investment and margin improvement until commercial volumes materially reduce per‑unit cash consumption.
Material Operating Losses And Negative EBITDALarge recurring operating losses and negative EBITDA reflect high fixed commercial and R&D costs pre‑scale. Without sustained revenue scaling and operating leverage, profitability and ROE will remain weak. Persistent losses limit reinvestment capacity and mean long‑term returns depend heavily on execution and cost discipline.
Manufacturing Bottlenecks And Extended Qualification TimelinesThroughput and yield constraints plus longer, more realistic qualification protocols can delay customer ramps, raise per‑unit costs and defer revenue conversion. These operational risks are structural during the scale phase and directly impact margin sustainability and the timing of profitable commercial volumes.
Enovix News
ENVX FAQ
What was Enovix Corporation’s price range in the past 12 months?
Enovix Corporation lowest stock price was $3.90 and its highest was $15.40 in the past 12 months.
What is Enovix Corporation’s market cap?
Enovix Corporation’s market cap is $861.71M.
When is Enovix Corporation’s upcoming earnings report date?
Enovix Corporation’s upcoming earnings report date is Aug 12, 2026 which is in 14 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:
$12.64 (220.07% Upside)
$12.64 (220.07% Upside)
Blogger Sentiment
Bullish
ENVX Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 10.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 1.1%
Last 30 Days ▼ 1.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-72.62%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
67.10%
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
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
$12.64
▲(220.07% Upside)
Technical Analysis
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Ownership Overview
12.87% Insiders
11.36% Mutual Funds
0.69% Other Institutional Investors
61.75% Public Companies and Individual Investors