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ENVX Stock 12 Month Forecast
Average Price Target
$19.00
▲(71.02% Upside)
Based on 4 Wall Street analysts offering 12 month price targets for Enovix in the last 3 months. The average price target is $19.00 with a high forecast of $26.00 and a low forecast of $12.00. The average price target represents a 71.02% change from the last price of $11.11.
We expect shares to take a step back as investors digest the mixed news; however, the opportunity has not diminished, especially now that Honor has attached its name to it. Thus, we maintain our Outperform rating. Honor Named as Lead Customer. Enovix named Honor as the lead smartphone customer, which was a positive surprise to us and many who expected one of the lower-tier brands Vivo, Oppo, or Xiaomi. Honor is seen in China as a premium brand right below Apple (AAPL $270.14), and its flagship foldable Magic V Series costs up to $1,500. The company holds a top five spot with an estimated 15% market share in China, and an estimated 65 million units globally in 2025. If Enovix wins 30% market share at Honor, that enough volume to fill half of the Malaysia fab.
Enovix (ENVX) Receives a Rating Update from a Top AnalystOppenheimer analyst Colin W. Rusch lowered the price target on Enovix Corporation (NASDAQ: ENVX) to $26.00 (from $33.00) while maintaining a Outperform rating.
Enovix (ENVX) Receives a Buy from Canaccord GenuityCanaccord Genuity analyst George Gianarikas raised the price target on Enovix Corporation (NASDAQ: ENVX) to $22.00 (from $20.00) while maintaining a Buy rating.
Enovix (ENVX) Receives a Buy from Benchmark Co.Benchmark analyst Mickey Legg reiterated a Buy rating and $25.00 price target on Enovix Corporation (NASDAQ: ENVX).
We expect shares to take a step back as investors digest the mixed news; however, the opportunity has not diminished, especially now that Honor has attached its name to it. Thus, we maintain our Outperform rating. Honor Named as Lead Customer. Enovix named Honor as the lead smartphone customer, which was a positive surprise to us and many who expected one of the lower-tier brands Vivo, Oppo, or Xiaomi. Honor is seen in China as a premium brand right below Apple (AAPL $270.14), and its flagship foldable Magic V Series costs up to $1,500. The company holds a top five spot with an estimated 15% market share in China, and an estimated 65 million units globally in 2025. If Enovix wins 30% market share at Honor, that enough volume to fill half of the Malaysia fab.
Enovix (ENVX) Receives a Rating Update from a Top AnalystOppenheimer analyst Colin W. Rusch lowered the price target on Enovix Corporation (NASDAQ: ENVX) to $26.00 (from $33.00) while maintaining a Outperform rating.
Enovix (ENVX) Receives a Buy from Canaccord GenuityCanaccord Genuity analyst George Gianarikas raised the price target on Enovix Corporation (NASDAQ: ENVX) to $22.00 (from $20.00) while maintaining a Buy rating.
Enovix (ENVX) Receives a Buy from Benchmark Co.Benchmark analyst Mickey Legg reiterated a Buy rating and $25.00 price target on Enovix Corporation (NASDAQ: ENVX).
trades and holding each position for 1 Month would result in 50.00% of your transactions generating a profit, with an average return of +5.89% per trade.
trades and holding each position for 3 Months would result in 58.82% of your transactions generating a profit, with an average return of +7.76% per trade.
Copying George Gianarikas's trades and holding each position for 1 Year would result in 44.44% of your transactions generating a profit, with an average return of -0.21% per trade.
trades and holding each position for 2 Years would result in 55.56% of your transactions generating a profit, with an average return of +6.63% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
ENVX Analyst Recommendation Trends
Rating
Jul 25
Aug 25
Sep 25
Oct 25
Nov 25
Strong Buy
4
7
7
5
1
Buy
8
10
10
6
3
Hold
17
21
17
8
3
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
29
38
34
19
7
In the current month, ENVX has received 4Buy Ratings, 3Hold Ratings, and 0Sell Ratings. ENVX average Analyst price target in the past 3 months is 19.00.
Each month's total comprises the sum of three months' worth of ratings.
ENVX Financial Forecast
ENVX Earnings Forecast
Next quarter’s earnings estimate for ENVX is -$0.16 with a range of -$0.20 to -$0.12. The previous quarter’s EPS was -$0.14. ENVX beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 62.52% of the time in the same period. In the last calendar year ENVX has Preformed in-line its overall industry.
Next quarter’s earnings estimate for ENVX is -$0.16 with a range of -$0.20 to -$0.12. The previous quarter’s EPS was -$0.14. ENVX beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 62.52% of the time in the same period. In the last calendar year ENVX has Preformed in-line its overall industry.
ENVX Sales Forecast
Next quarter’s sales forecast for ENVX is $11.99M with a range of $9.00M to $14.82M. The previous quarter’s sales results were $8.00M. ENVX beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 57.44% of the time in the same period. In the last calendar year ENVX has Preformed in-line its overall industry.
Next quarter’s sales forecast for ENVX is $11.99M with a range of $9.00M to $14.82M. The previous quarter’s sales results were $8.00M. ENVX beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 57.44% of the time in the same period. In the last calendar year ENVX has Preformed in-line its overall industry.
ENVX Stock Forecast FAQ
What is ENVX’s average 12-month price target, according to analysts?
Based on analyst ratings, Enovix’s 12-month average price target is 19.00.
What is ENVX’s upside potential, based on the analysts’ average price target?
Enovix has 71.02% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is ENVX a Buy, Sell or Hold?
Enovix has a consensus rating of Strong Buy which is based on 3 buy ratings, 1 hold ratings and 0 sell ratings.
What is Enovix’s price target?
The average price target for Enovix is 19.00. This is based on 4 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $26.00 ,the lowest forecast is $12.00. The average price target represents 71.02% Increase from the current price of $11.11.
What do analysts say about Enovix?
Enovix’s analyst rating consensus is a Strong Buy. This is based on the ratings of 4 Wall Streets Analysts.
How can I buy shares of ENVX?
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