Enovix (ENVX) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Enovix is expected to report Q3 2026 results after Wednesday’s market close. Analysts anticipate a loss of $0.1465 per share on $9.48 million in revenue, versus company guidance for an EPS loss of $0.130 to $0.170.
• In its previous quarter, Enovix beat estimates with a $0.13-per-share loss and $9.02 million in revenue, which increased 20.8% year over year.
• Shares have risen 25% but remain highly volatile, trading near $3.35 versus a 12-month range of $2.20 to $12.40. Analysts hold a consensus “Moderate Buy” rating with an average price target of $10.77.

Enovix (NASDAQ:ENVX - Get Free Report) will likely be issuing its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect the company to announce earnings of ($0.1465) per share and revenue of $9.48 million for the quarter. Enovix has set its Q3 2026 guidance at -0.170--0.130 EPS. Interested persons can check the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 5:00 PM ET.

Enovix (NASDAQ:ENVX - Get Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.02. The firm had revenue of $9.02 million for the quarter, compared to analysts' expectations of $8.43 million. The company's quarterly revenue was up 20.8% on a year-over-year basis. During the same period in the previous year, the company earned ($0.13) EPS. On average, analysts expect Enovix to post ($0.79) EPS for the current fiscal year and ($0.92) EPS for the next fiscal year.

Enovix Stock Up 25.0%

Shares of Enovix stock opened at $3.35 on Wednesday. The firm has a market cap of $735.15 million, a PE ratio of -4.14 and a beta of 2.49. The company's fifty day simple moving average is $2.95 and its two-hundred day simple moving average is $5.23. Enovix has a 12-month low of $2.20 and a 12-month high of $12.40.

Analysts Set New Price Targets

ENVX has been the topic of a number of research analyst reports. Weiss Ratings restated a "sell (e+)" rating on shares of Enovix in a report on Friday, October 2nd. B. Riley Financial dropped their price objective on Enovix from $10.00 to $9.00 and set a "buy" rating for the company in a report on Thursday, August 13th. TD Cowen upgraded Enovix to a "hold" rating in a report on Monday, October 5th. Cantor Fitzgerald reissued an "overweight" rating and set a $25.00 target price on shares of Enovix in a research note on Thursday, August 13th. Finally, William Blair downgraded Enovix from an "outperform" rating to a "market perform" rating in a report on Monday, August 17th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $10.77.

Enovix Company Profile

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.

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