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NASDAQ:ENVX

Enovix (ENVX) Stock Price, News & Analysis

Enovix logo
$2.79 +0.24 (+9.41%)
Closing price 10/23/2026 04:00 PM Eastern
Extended Trading
$2.79 0.00 (0.00%)
As of 10/23/2026 07:58 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Enovix Stock (NASDAQ:ENVX)

Advanced

Key Stats

Today's Range
$2.45
▼
$2.97
50-Day Range
$2.25
▼
$3.60
52-Week Range
$2.20
▼
$12.65
Volume
28.78 million shs
Average Volume
8.91 million shs
Market Capitalization
$612.27 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.77
Consensus Rating
Moderate Buy

Company Overview

Enovix Corporation is a battery technology company that develops lithium-ion batteries using a silicon-anode architecture. Its approach is designed to increase energy density while maintaining safety and cycle-life characteristics through a three-dimensional cell design and a mechanical constraint system that helps manage silicon expansion during charging.

The company’s products are intended for applications that require compact, high-performance power sources, including consumer electronics, wearable devices, Internet of Things equipment, industrial products, and defense and aerospace systems. Enovix has focused on commercializing its battery technology through initial production in the United States and the development of additional manufacturing capacity in Malaysia to support higher-volume production.

Founded in 2007 and headquartered in Fremont, California, Enovix has pursued partnerships and customer qualification programs across multiple technology and industrial markets. The company is led by Chief Executive Officer Raj Talluri, who joined Enovix in 2023 and has experience in battery and semiconductor-related technologies.

AI Generated. May Contain Errors.

Enovix Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
48th Percentile Overall Score

ENVX MarketRank™: 
2.402398401065 of 5 stars

Enovix scored higher than 48% of companies evaluated by MarketBeat, and ranked 463rd out of 649 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Enovix has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 strong buy rating, 6 buy ratings, 3 hold ratings, and 2 sell ratings.

  • Upside Potential

    Enovix has a consensus price target of $10.77, representing about 286.1% upside from its current price of $2.79.

  • Amount of Analyst Coverage

    Enovix has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Enovix's stock forecast and price target.
  • Earnings Growth

    Earnings for Enovix are expected to decrease in the coming year, from ($0.79) to ($0.92) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Enovix is -3.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Enovix is -3.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Enovix has a P/B Ratio of 2.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Enovix's valuation and earnings.
  • Percentage of Shares Shorted

    27.70% of the float of Enovix has been sold short.
  • Short Interest Ratio / Days to Cover

    Enovix has a short interest ratio ("days to cover") of 6.81.
  • Change versus previous month

    Short interest in Enovix has recently increased by 0.22%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Enovix does not currently pay a dividend.

  • Dividend Growth

    Enovix does not have a long track record of dividend growth.

  • News Sentiment

    Enovix has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Enovix this week, compared to 4 articles on an average week.
  • Search Interest

    Only 18 people have searched for ENVX on MarketBeat in the last 30 days. This is a decrease of -10% compared to the previous 30 days.
  • MarketBeat Follows

    26 people have added Enovix to their MarketBeat watchlist in the last 30 days. This is an increase of 1,200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Enovix insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    12.70% of the stock of Enovix is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    50.92% of the stock of Enovix is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Enovix's insider trading history.
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ENVX Stock News Headlines

Enovix stock surges on 100,000-unit drone battery order
“The crisis that’s emerging now is just the tip of the iceberg,” says Dr. Martin D. Weiss, who has made shocking and accurate predictions for 55 years
Dr. Martin D. Weiss, who predicted the Dot-Com collapse and the failures of Fannie Mae, Bear Stearns, and Lehman Brothers, is warning of a developing financial crisis. The New York Times has credited him as among the first to see the dangers ahead, and Forbes dubbed him Mr. Independence. He says this emerging situation could trigger a chain reaction across banks and markets. Watch his free video breakdown and see the five steps he outlines for investors.tc pixel
Enovix logo displayed over a blurred automated manufacturing line with battery cells and robotic equipment.
Enovix's 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
Enovix secured a 100,000-unit drone battery order from a dual-use drone maker, with shipments starting in 2027, as its $216 million defense pipeline and $550 million cash position grow.
See More Headlines

ENVX Stock Analysis - Frequently Asked Questions

Enovix's stock was trading at $7.31 at the beginning of the year. Since then, ENVX shares have decreased by 61.8% and is now trading at $2.79.

Enovix Corporation (NASDAQ:ENVX) released its quarterly earnings results on Wednesday, August, 12th. The company reported ($0.13) earnings per share for the quarter, beating analysts' consensus estimates of ($0.15) by $0.02. The business's revenue for the quarter was up 20.8% compared to the same quarter last year.
Read the conference call transcript
.

Enovix's board authorized a stock buyback program on Wednesday, July 2nd 2025, which allows the company to repurchase $60,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 3.1% of its shares through open market purchases. Shares buyback programs are often an indication that the company's management believes its stock is undervalued.

Enovix's top institutional shareholders include Refined Wealth Management (0.39%), Parkside Investments LLC (0.14%), Inspire Investing LLC (0.10%) and Sowell Financial Services LLC (0.06%). Insiders that own company stock include Rajendra K Talluri, Ajay Marathe, Arthi Chakravarthy, Kristina Truong, Betsy S Atkins and Gregory Reichow.
View institutional ownership trends
.

Shares of ENVX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Enovix investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Palantir Technologies (PLTR), Tesla (TSLA), Micron Technology (MU), IonQ (IONQ) and Intel (INTC).

Company Calendar

Last Earnings
8/12/2026
Today
10/24/2026
Next Earnings (Estimated)
11/04/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Electrical Equipment
Sub-Industry
Electrical Components & Equipment
Current Symbol
NASDAQ:ENVX
Previous Symbol
NASDAQ:ENVX
CIK
1828318
Fax
N/A
Employees
664
Year Founded
2007

Price Target and Rating

High Price Target
$25.00
Low Price Target
$5.00
Potential Upside/Downside
+286.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
12 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.81)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$156.74 million
Net Margins
-473.89%
Pretax Margin
-476.61%
Return on Equity
-64.50%
Return on Assets
-19.31%

Debt

Debt-to-Equity Ratio
2.46
Current Ratio
9.71
Quick Ratio
9.37

Sales & Book Value

Annual Sales
$31.82 million
Price / Sales
19.24
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$1.27 per share
Price / Book
2.20

Miscellaneous

Outstanding Shares
219,450,000
Free Float
191,579,000
Market Cap
$612.27 million
Optionable
Optionable
Beta
2.49

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This page (NASDAQ:ENVX) was last updated on 10/23/2026 by MarketBeat.com Staff.
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