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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$2.35 - $12.69
Previous CloseN/A
Volume1.46M
Average Volume (3M)7.43M
Market Cap
$546.43M
Enterprise Value$1.23B
Total Cash (Recent Filing)$475.78M
Total Debt (Recent Filing)$537.48M
Price to Earnings (P/E)―
Beta2.29
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding219,448,530
10 Day Avg. Volume8,360,413
30 Day Avg. Volume7,434,623
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 Cap2.26
Enterprise Value/Revenue34.42
Enterprise Value/Gross Profit-145.25
Enterprise Value/Ebitda-12.10
Forecast
1Y Price Target
$10.29Price Target Upside204.31% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Revenue GrowthSustained year-over-year revenue growth indicates that Enovix is progressing from development toward commercial adoption across multiple battery applications. Continued growth can improve manufacturing utilization, strengthen customer credibility, and provide a broader base from which operating leverage may eventually emerge.
Defense Order ConversionThe 100,000-unit drone order converts part of Enovix’s defense pipeline into contracted demand and provides a tangible commercial reference for its qualified Korean production. Follow-on potential could support recurring volume, customer validation, and deeper penetration of defense markets seeking non-Chinese battery sourcing.
Manufacturing Yield ProgressImproving yields across Fab2 support more consistent unit economics and increase the likelihood that Enovix can scale production without proportionally higher manufacturing losses. Progress across multiple process steps also suggests operational learning that may strengthen execution as commercial volumes and product complexity increase.
Bears Say
Persistent LossesNegative gross profit and deeply negative operating margins show that Enovix has not yet established profitable unit economics at its current scale. Until pricing, mix, yields, and fixed-cost absorption improve together, revenue growth may continue to require substantial funding rather than translate into durable earnings.
Cash BurnPersistent operating and free-cash-flow deficits indicate that the business remains dependent on its cash resources to fund operations, capital expenditures, and manufacturing expansion. Continued consumption reduces financial flexibility over time and increases the importance of achieving profitable scale before planned capacity investments accelerate.
Production BottleneckThe Zone 1 constraint creates execution risk because planned commercial and defense growth depends on increasing throughput as well as improving demand. If the bottleneck persists, Enovix could face slower deliveries, delayed customer ramps, and additional spending to expand capacity before revenue fully supports it.
Enovix News
ENVX FAQ
What was Enovix’s price range in the past 12 months?
Enovix lowest stock price was $2.35 and its highest was $12.69 in the past 12 months.
What is Enovix’s market cap?
Enovix’s market cap is $546.43M.
When is Enovix’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Enovix’s earnings last quarter?
Currently, no data Available
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 for its next earnings report is not yet available.
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?
Currently, no data Available
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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10
Analyst Consensus
Moderate Buy
Average Price Target:
$10.29 (204.31% Upside)
$10.29 (204.31% Upside)
Blogger Sentiment
Bullish
ENVX Sentiment 67%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 11.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▼ 6.6%
Last 30 Days ▼ 6.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-78.36%
12-Months-Change
Fundamentals
Return on Equity
-66.93%
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
ENVX Stock 12 Month Forecast
Average Price Target
$10.29
▲(204.31% Upside)
Technical Analysis
Plug Power
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Microvast Holdings
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Eos Energy Enterprises
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Solid Power
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Amprius Technologies Inc
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Ownership Overview
13.21% Insiders
11.29% Mutual Funds
0.53% Other Institutional Investors
63.17% Public Companies and Individual Investors