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NASDAQ:ENVX

Enovix (ENVX) Stock Price, News & Analysis

Enovix logo
$2.98 -0.01 (-0.33%)
As of 04:00 PM Eastern

About Enovix Stock (NASDAQ:ENVX)

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Key Stats

Today's Range
$2.94
$3.04
50-Day Range
$2.92
$5.11
52-Week Range
$2.85
$14.21
Volume
5.20 million shs
Average Volume
5.57 million shs
Market Capitalization
$653.96 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.77
Consensus Rating
Moderate Buy

Company Overview

Enovix Corporation (NASDAQ: ENVX) is a battery technology company developing lithium-ion batteries with silicon-anode materials and a proprietary three-dimensional cell architecture. Its design is intended to increase energy density while maintaining safety and durability for applications that require compact, high-performance energy storage.

The company’s battery platform incorporates a silicon anode, a stainless-steel constraint system and its BrakeFlow technology, which is designed to help prevent thermal runaway from spreading within a battery pack. Enovix is developing cells for consumer electronics, including smartphones, laptops, wearables and Internet of Things devices, as well as applications in the automotive, aerospace and defense markets.

Enovix was founded in 2007 and is headquartered in Fremont, California. The company has pursued a manufacturing strategy that includes pilot production in the United States and expansion of production capabilities in Malaysia, supporting its goal of serving customers in global technology and industrial markets. Raj Talluri serves as the company’s president and chief executive officer.

AI Generated. May Contain Errors.

Enovix Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
44th Percentile Overall Score

ENVX MarketRank™: 

Enovix scored higher than 44% of companies evaluated by MarketBeat, and ranked 491st out of 656 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 $11.77, representing about 295.1% upside from its current price of $2.98.

  • 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 ($0.80) to ($0.92) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Enovix is -3.68, 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 -3.68, 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 2.35. 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

    28.02% 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 4.81.
  • Change versus previous month

    Short interest in Enovix has recently increased by 8.98%, indicating that investor sentiment is decreasing significantly.
  • 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 -0.20. 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 0.57 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Enovix this week, compared to 4 articles on an average week.
  • Search Interest

    20 people have searched for ENVX on MarketBeat in the last 30 days. This is an increase of 18% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added Enovix to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% 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 (NASDAQ:ENVX) Hits New 52-Week Low - What's Next?
Enovix (NASDAQ:ENVX) Upgraded by Wall Street Zen to Sell Rating
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Enovix Is At The Lows For Good Reason (Rating Upgrade)
See More Headlines

ENVX Stock Analysis - Frequently Asked Questions

Enovix's stock was trading at $7.31 at the start of the year. Since then, ENVX stock has decreased by 59.2% and is now trading at $2.98.

Enovix Corporation (NASDAQ:ENVX) issued 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. Enovix's revenue for the quarter was up 20.8% on a year-over-year basis.
Read the conference call transcript
.

Enovix's board initiated a stock buyback plan on Wednesday, July 2nd 2025, which permits the company to repurchase $60,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 3.1% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its stock is undervalued.

Top institutional investors of Enovix include BlackRock Inc. (7.56%), Connor Clark & Lunn Investment Management Ltd. (0.66%), Bank of America Corp DE (0.63%) and Bank of New York Mellon Corp (0.27%). 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 Rambus (RMBS), Toast (TOST), Compass Pathways (CMPS), Ginkgo Bioworks (DNA), Globant (GLOB), Saia (SAIA) and Luminar Technologies (LAZR).

Company Calendar

Last Earnings
8/12/2026
Today
9/21/2026
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
+295.1%
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
20.55
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$1.27 per share
Price / Book
2.35

Miscellaneous

Outstanding Shares
219,450,000
Free Float
191,579,000
Market Cap
$653.96 million
Optionable
Optionable
Beta
2.31

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This page (NASDAQ:ENVX) was last updated on 9/21/2026 by MarketBeat.com Staff.
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