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NASDAQ:ENVX

Enovix (ENVX) Stock Price, News & Analysis

Enovix logo
$14.52 -0.04 (-0.31%)
As of 02:11 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Enovix Stock (NASDAQ:ENVX)

Key Stats

Today's Range
$13.72
$14.96
50-Day Range
$7.35
$15.93
52-Week Range
$5.27
$16.49
Volume
7.42 million shs
Average Volume
6.34 million shs
Market Capitalization
$2.78 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$17.82
Consensus Rating
Moderate Buy

Company Overview

Enovix Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
51st Percentile Overall Score

ENVX MarketRank™: 

Enovix scored higher than 51% of companies evaluated by MarketBeat, and ranked 160th out of 259 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 2.58, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Enovix has been the subject of 6 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 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 -11.49, 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 -11.49, 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 10.63. 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

    27.53% 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 7.9.
  • Change versus previous month

    Short interest in Enovix has recently decreased by 2.66%, indicating that investor sentiment is improving.
  • 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

    27.53% 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 7.9.
  • Change versus previous month

    Short interest in Enovix has recently decreased by 2.66%, indicating that investor sentiment is improving.
  • News Sentiment

    Enovix has a news sentiment score of 0.71. 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 news sentiment score is similar to the average news sentiment 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

    76 people have searched for ENVX on MarketBeat in the last 30 days. This is an increase of 105% compared to the previous 30 days.
  • MarketBeat Follows

    49 people have added Enovix to their MarketBeat watchlist in the last 30 days. This is an increase of 36% 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

Stock Buybacks spark investor interest - This image is an original composition by MarketBeat using licensed and editorial elements. Not for redistribution or reuse.
5 Hot Stocks With Summer Buybacks You Can Cash In On (ENVX)
The five stocks on this list issued aggressive buyback authorizations in June or July and have the power to follow through with their plans.
Stuttgart, Germany - 09-25-2023: Person holding smartphone with webpage of US battery company Enovix Corporation in front of business logo. Focus on center of phone display. — Stock Editorial Photography
Enovix Shares Hit 6-Month High; Long-Term Highs to Follow
Enovix is well-positioned to capture share with its innovative silicon-anode lithium-ion batteries. Demand is rising and guidance is improving.
Trump’s $100 Trillion Land Rush Is On
What Is "The US: IPO"? You won't hear this on CNBC... but the government may soon open up hundreds of trillions in oil, gas, lithium, and land rights. Whitney Tilson breaks it all down, and shows how everyday Americans can grab a stake. His urgent new briefing explains "The US: IPO"... and how to get in before the looming federal deadline.
Jim Cramer on Enovix: “We’re Not Going to Buy That Stock”
Enovix Distributes Dividend of Warrants to Stockholders
Enovix (NASDAQ:ENVX) Sets New 52-Week High - Here's Why
Enovix to Release Q2 2025 Financial Results on July 31
See More Headlines

ENVX Stock Analysis - Frequently Asked Questions

Enovix's stock was trading at $10.87 at the beginning of the year. Since then, ENVX stock has increased by 35.0% and is now trading at $14.6780.

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

Enovix's Board of Directors initiated a stock buyback plan 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 repurchase up to 3.1% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board believes its stock is undervalued.

Enovix's top institutional shareholders include Kingstone Capital Partners Texas LLC (0.67%), Refined Wealth Management (0.36%), Sonora Investment Management Group LLC (0.22%) and tru Independence LLC (0.15%). Insiders that own company stock include Rajendra K Talluri, Harrold J Rust, Ashok Lahiri, Ajay Marathe, Gardner Cameron Dales, Thurman J Rodgers, Arthi Chakravarthy, 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
2/19/2025
Today
7/24/2025
Next Earnings (Estimated)
7/31/2025
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
CIK
1828318
Fax
N/A
Employees
340
Year Founded
N/A

Price Target and Rating

High Price Target
$36.00
Low Price Target
$7.00
Potential Upside/Downside
+21.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
12 Analysts

Profitability

EPS (Trailing Twelve Months)
($1.29)
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%
Return on Equity
-78.11%
Return on Assets
-33.04%

Debt

Debt-to-Equity Ratio
0.71
Current Ratio
4.68
Quick Ratio
4.49

Sales & Book Value

Annual Sales
$23.07 million
Price / Sales
121.84
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$1.40 per share
Price / Book
10.46

Miscellaneous

Outstanding Shares
192,000,000
Free Float
161,859,000
Market Cap
$2.81 billion
Optionable
Optionable
Beta
2.09
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This page (NASDAQ:ENVX) was last updated on 7/24/2025 by MarketBeat.com Staff
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