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ENVX Stock Chart & Stats
$3.38
$0.12(3.04%)
At close: 4:00 PM EDT
$3.38
$0.12(3.04%)
Day’s Range― - ―
52-Week Range$3.06 - $14.21
Previous CloseN/A
Volume1.46M
Average Volume (3M)7.92M
Market Cap
$741.74M
Enterprise Value$1.23K
Total Cash (Recent Filing)$475.78M
Total Debt (Recent Filing)$537.48M
Price to Earnings (P/E)―
Beta2.49
Next Earnings
Nov 10, 2026EPS Estimate
-0.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.80
Shares Outstanding219,448,530
10 Day Avg. Volume11,601,666
30 Day Avg. Volume7,919,473
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
$11.06Price Target Upside227.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
EPS Forecast (FY)-0.56
Revenue Forecast (FY)$38.64M
Bulls Say, Bears Say
Bulls Say
Commercial Revenue GrowthSustained year-over-year growth and initial smart-eyewear revenue indicate improving commercial traction. Larger customer orders and multiple product programs could support a broader recurring revenue base as qualification and production advance.
Technology Validation And Market PipelineIndependent cycle-life validation strengthens Enovix’s technology credibility, while the expanding defense pipeline diversifies potential demand beyond smartphones. Progress across several applications creates multiple paths to eventual volume production.
Manufacturing Improvement And LiquidityImproving yields can enhance scalability and future unit economics by reducing manufacturing losses. The substantial cash balance provides funding for qualification, equipment purchases and capacity expansion while the company works toward commercial scale.
Bears Say
Persistent Losses And Cash BurnLarge operating losses and recurring negative free cash flow show that commercial activity has not yet produced sustainable profitability. Continued spending on manufacturing and development may require substantial liquidity before positive cash generation is achieved.
Qualification And Production BottlenecksCustomer volume ramps depend on passing final qualification and resolving manufacturing constraints. Delays or weaker-than-expected results could defer smartphone commercialization, limit near-term output and extend the period of operating losses.
Leadership Transition RiskThe unexpected CEO transition introduces execution and continuity risk during a critical commercialization phase. Although strategy was reaffirmed, a prolonged search or leadership change could slow decisions across qualification, manufacturing scale-up and customer conversion.
Enovix News
ENVX FAQ
What was Enovix’s price range in the past 12 months?
Enovix lowest stock price was $3.06 and its highest was $14.21 in the past 12 months.
What is Enovix’s market cap?
Enovix’s market cap is $741.74M.
When is Enovix’s upcoming earnings report date?
Enovix’s upcoming earnings report date is Nov 10, 2026 which is in 69 days.
How were Enovix’s earnings last quarter?
Enovix released its earnings results on Aug 12, 2026. The company reported -$0.13 earnings per share for the quarter, beating the consensus estimate of -$0.146 by $0.016.
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 -$0.13 in its last earnings report, beating expectations of -$0.146. Following the earnings report the stock price went down -6.342%.
Which hedge fund is a major shareholder of Enovix?
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:
$11.06 (227.29% Upside)
$11.06 (227.29% Upside)
Blogger Sentiment
Neutral
ENVX Sentiment 56%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 11.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-65.17%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
70.45%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Enovix
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed clear operational momentum across three target markets — smartphone qualification progress (lead customer >1,000 cycles), smart eyewear commercial shipments and a rapidly expanding drone/defense pipeline (pipeline +41% to ~$183M) — supported by improving manufacturing yields, new product samples (AI-2, MX1-B01), positive gross profit continuity and a strong cash balance (~$552M). Key near-term risks include a gating accelerated smartphone test (completion targeted end-2026), Zone 1 throughput constraints (yield ~84%), continued operating losses and margin variability during early smart eyewear ramp and capacity scaling timelines (notably South Korea mid-2027). On balance the call emphasized multiple credible paths to commercial scale, commercial traction and disciplined capital planning, while acknowledging expected short-term margin and ramp challenges.View all ENVX earnings summariesENVX Stock 12 Month Forecast
Average Price Target
$11.06
▲(227.29% Upside)
Technical Analysis
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Ownership Overview
13.22% Insiders
11.29% Mutual Funds
8.91% Other Institutional Investors
53.33% Public Companies and Individual Investors