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Enovix (ENVX) Stock Price & Analysis

3,732 Followers

ENVX Stock Chart & Stats

$1.60-$0.20(-11.36%)
At close: 4:00 PM EST
$2$3$4Aug 17Aug 31Sep 14Sep 28Oct 12Oct 26Nov 9
Day’s Range
$1.53 - $1.82
52-Week Range
$1.53 - $9.19
Previous Close
$1.81
Volume
N/A
Average Volume (3M)
10.35M
Market Cap
$396.10M
Enterprise Value
$750.28M
Total Cash (Recent Filing)
$405.50M
Total Debt (Recent Filing)
$538.98M
Price to Earnings (P/E)
―
Beta
2.05
Next Earnings
Feb 24, 2027 (Est.)
EPS Estimate
-0.15
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Sustained Revenue Growth

Repeated year-over-year growth indicates improving commercial traction rather than a single temporary shipment. Continued expansion can strengthen customer validation, support manufacturing scale, and provide a larger revenue base from which operating leverage may eventually emerge.

Defense Market Position

Enovix is positioned in defense and drone applications where compliant, non-China sourcing is increasingly important. This regulatory and procurement advantage can narrow competition, support premium products, and create durable demand across multiple unmanned platforms.

Capacity And Cost Restructuring

Redirecting resources toward the Korean defense facility while reducing operating costs improves strategic focus and potential manufacturing capacity. If execution proceeds as planned, these actions can support higher-volume orders and reduce the expense base needed to reach sustainable margins.

Bears Say

Deeply Negative Profitability

Negative gross profit and very large operating and net losses show that the current business model has not yet reached a sustainable cost structure. Revenue growth alone may not create durable earnings until production yields, utilization, and pricing improve materially.

Leverage And Cash Consumption

Debt exceeding equity increases financial pressure while ongoing negative free cash flow means the company is still consuming capital to scale. This combination can restrict strategic flexibility and make future expansion more dependent on external financing or balance-sheet actions.

Execution And Profitability Risk

The growth opportunity remains dependent on converting pipeline prospects into orders while achieving acceptable yields and utilization. Because management does not expect breakeven in 2027, delays or production shortfalls could extend losses and increase funding needs.

Enovix News

ENVX FAQ

What was Enovix’s price range in the past 12 months?
Enovix lowest stock price was $1.53 and its highest was $9.19 in the past 12 months.
What is Enovix’s market cap?
Enovix’s market cap is $396.10M.
When is Enovix’s upcoming earnings report date?
Enovix’s next earnings report is estimated for Feb 24, 2027 (not yet confirmed), which is in 102 days.
How were Enovix’s earnings last quarter?
Enovix released its earnings results on Nov 12, 2026. The company reported -$0.14 earnings per share for the quarter, beating the consensus estimate of -$0.146 by $0.006.
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 -0.15.
How many shares outstanding does Enovix have?
Enovix has 219,448,530 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 -$0.146. Following the earnings report the stock price went down -28.656%.
Which hedge fund is a major shareholder of Enovix?
Hedge funds hold Enovix shares: the largest hedge-fund position in Enovix is 71,884,772 shares, and hedge funds increased their holdings by 1.1M shares last quarter.
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