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NASDAQ:ENVX

Enovix (ENVX) Stock Price, News & Analysis

Enovix logo
$11.38 +0.26 (+2.29%)
Closing price 07/3/2025 03:58 PM Eastern
Extended Trading
$11.18 -0.19 (-1.68%)
As of 05:08 AM 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 Polygon.io. Learn more.

About Enovix Stock (NASDAQ:ENVX)

Key Stats

Today's Range
$11.01
$11.64
50-Day Range
$6.09
$11.38
52-Week Range
$5.27
$18.68
Volume
4.93 million shs
Average Volume
5.80 million shs
Market Capitalization
$2.18 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$17.27
Consensus Rating
Moderate Buy

Company Overview

Enovix Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
50th Percentile Overall Score

ENVX MarketRank™: 

Enovix scored higher than 50% of companies evaluated by MarketBeat, and ranked 180th out of 265 stocks in the energy 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 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Enovix has only been the subject of 4 research reports in the past 90 days.

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

    Earnings for Enovix are expected to grow in the coming year, from ($1.01) to ($0.72) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Enovix is -8.82, 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 -8.82, 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 8.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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

    28.29% 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 9.7.
  • Change versus previous month

  • Dividend Yield

    Enovix does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    28.29% 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 9.7.
  • Change versus previous month

  • News Sentiment

    Enovix has a news sentiment score of 0.81. 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 higher news sentiment than the 0.68 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for Enovix this week, compared to 8 articles on an average week.
  • Search Interest

    43 people have searched for ENVX on MarketBeat in the last 30 days. This is an increase of 79% compared to the previous 30 days.
  • MarketBeat Follows

    51 people have added Enovix to their MarketBeat watchlist in the last 30 days. This is an increase of 2,450% 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

    15.70% 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

Business graph charts of financial board display candlestick double — Photo
3 Stocks Set to Double—And There's Still Time to Buy
Momentum investing always carries risks, but these three stocks with the potential to more than double are worth a closer look.
A grave, grave error.
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
Stock Buyback Plan Initiated by Enovix (NASDAQ:ENVX)
Enovix Corporation Announces Share Repurchase Program
See More Headlines

ENVX Stock Analysis - Frequently Asked Questions

Enovix's stock was trading at $10.87 at the beginning of 2025. Since then, ENVX shares have increased by 4.6% and is now trading at $11.3750.

Enovix Corporation (NASDAQ:ENVX) posted its quarterly earnings data on Wednesday, February, 19th. The company reported ($0.17) EPS for the quarter, beating the consensus estimate of ($0.18) by $0.01. The company earned $9.72 million during the quarter, compared to analysts' expectations of $8.77 million. Enovix had a negative trailing twelve-month return on equity of 78.11% and a negative net margin of 870.67%.
Read the conference call transcript
.

Enovix's Board of Directors approved 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 reacquire up to 3.1% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

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
2/19/2025
Today
7/06/2025
Next Earnings (Estimated)
7/30/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Energy
Industry
Other Alt Energy
Sub-Industry
Electrical Equipment
Current Symbol
NASDAQ:ENVX
Previous Symbol
NASDAQ:ENVX
Fax
N/A
Employees
340
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.27
High Stock Price Target
$36.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+51.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
11 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$222.24 million
Net Margins
-870.67%
Pretax Margin
-877.60%

Debt

Sales & Book Value

Annual Sales
$23.07 million
Price / Cash Flow
N/A
Book Value
$1.40 per share
Price / Book
8.13

Miscellaneous

Free Float
161,859,000
Market Cap
$2.18 billion
Optionable
Optionable
Beta
2.09
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This page (NASDAQ:ENVX) was last updated on 7/7/2025 by MarketBeat.com Staff
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