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Enovix (ENVX)
NASDAQ:ENVX
ENVX Stock Chart & Stats
Day’s Range― - ―
52-Week Range$5.70 - $18.68
Previous CloseN/A
Volume5.60M
Average Volume (3M)5.95M
Market Cap
$1.62B
Enterprise Value$1.68B
Total Cash (Recent Filing)$338.75M
Total Debt (Recent Filing)$9.26M
Price to Earnings (P/E)―
Beta3.29
Next Earnings
May 07, 2025EPS Estimate
-0.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.45
Shares Outstanding191,273,830
10 Day Avg. Volume4,826,108
30 Day Avg. Volume5,948,421
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)70.05
Price to Cash Flow (P/CF)-25.30
P/FCF Ratio0.00
Enterprise Value/Market Cap1.04
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-39.15
Enterprise Value/Ebitda-12.65
Forecast
1Y Price Target
$22.00Price Target Upside148.87% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
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Enovix News
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Bulls Say, Bears Say
Bulls Say
Market ExpansionEnovix's active engagements now include 7 of the top 8 smartphone OEMs, indicating strong market penetration potential.
Strategic PartnershipsA major U.S. technology leader has placed a genuine order with Enovix, serving as a tangible endorsement of their technology and operational progress.
Technological AdvancementsEX-2M samples demonstrate a ~10% energy density improvement relative to the company's first-generation EX-1M batteries.
Bears Say
Financial ChallengesThe company surprised the market with a $100MM equity raise, which management previously suggested would not be necessary until 2026.
Management And StrategyThe company's announcement of a $100 million equity offering shortly after addressing liquidity concerns has raised issues with the timing and messaging.
Revenue ConcernsNear-term revenue estimates are significantly below market expectations, indicating caution around demand and commercialization.
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Ownership Overview
13.62% Insiders
11.26% Mutual Funds
13.53% Other Institutional Investors
49.04% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ENVX FAQ
What was Enovix’s price range in the past 12 months?
Enovix lowest stock price was $5.70 and its highest was $18.68 in the past 12 months.
What is Enovix’s market cap?
Enovix’s market cap is $1.62B.
When is Enovix’s upcoming earnings report date?
Enovix’s upcoming earnings report date is May 07, 2025 which is in 43 days.
How were Enovix’s earnings last quarter?
Enovix released its earnings results on Feb 19, 2025. The company reported -$0.11 earnings per share for the quarter, beating the consensus estimate of -$0.187 by $0.077.
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 -0.18.
How many shares outstanding does Enovix have?
Enovix has 191,273,830 shares outstanding.
What happened to Enovix’s price movement after its last earnings report?
Enovix reported an EPS of -$0.11 in its last earnings report, beating expectations of -$0.187. Following the earnings report the stock price went up 2.592%.
Which hedge fund is a major shareholder of Enovix?
Currently, no hedge funds are holding shares in ENVX
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Enovix Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$22.00 (148.87% Upside)
$22.00 (148.87% Upside)
Blogger Sentiment
Bullish
ENVX Sentiment 90%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 2.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 7.1%
Last 30 Days ▼ 7.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-2.64%
12-Months-Change
Fundamentals
Return on Equity
-88.04%
Trailing 12-Months
Asset Growth
-6.34%
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.
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ENVX Company Deck
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ENVX Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflected a strong year for Enovix Corporation, with substantial revenue growth and major advancements in manufacturing and market expansion, particularly in the smartphone, IoT, and defense sectors. However, the company faces challenges with a projected decrease in Q1 2025 revenue and ongoing financial losses, alongside high capital expenditure. Overall, the achievements suggest a positive trajectory, although tempered by financial management challenges.Read More>---
ENVX Stock 12 Month Forecast
Average Price Target
$22.00
▲(148.87% Upside)
Technical Analysis
Best Analysts Covering ENVX
1 Year
1 Year Success Rate
4/15 ratings generated profit
1 Year Average Return
-13.41%
reiterated a buy rating last month
Copying Derek Soderberg's trades and holding each position for 1 Year would result in 26.67% of your transactions generating a profit, with an average return of -13.41% per trade.
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