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Enovix (ENVX) Competitors

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$10.70 -2.70 (-20.15%)
Closing price 08/1/2025 04:00 PM Eastern
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$10.74 +0.04 (+0.42%)
As of 08/1/2025 07:59 PM Eastern
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ENVX vs. RRX, CAE, BE, QS, NOVT, ATKR, RUN, PLUG, ENR, and FLNC

Should you be buying Enovix stock or one of its competitors? The main competitors of Enovix include Regal Rexnord (RRX), CAE (CAE), Bloom Energy (BE), QuantumScape (QS), Novanta (NOVT), Atkore (ATKR), Sunrun (RUN), Plug Power (PLUG), Energizer (ENR), and Fluence Energy (FLNC). These companies are all part of the "electrical equipment" industry.

Enovix vs. Its Competitors

Enovix (NASDAQ:ENVX) and Regal Rexnord (NYSE:RRX) are both electrical equipment companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, analyst recommendations, valuation, media sentiment, institutional ownership, dividends, profitability and risk.

Enovix has a beta of 2.11, meaning that its stock price is 111% more volatile than the S&P 500. Comparatively, Regal Rexnord has a beta of 1.18, meaning that its stock price is 18% more volatile than the S&P 500.

Regal Rexnord has a net margin of 3.96% compared to Enovix's net margin of -481.35%. Regal Rexnord's return on equity of 9.67% beat Enovix's return on equity.

Company Net Margins Return on Equity Return on Assets
Enovix-481.35% -72.83% -32.48%
Regal Rexnord 3.96%9.67%4.32%

Regal Rexnord has higher revenue and earnings than Enovix. Enovix is trading at a lower price-to-earnings ratio than Regal Rexnord, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Enovix$23.07M89.05-$222.24M-$0.84-12.74
Regal Rexnord$6.03B1.64$196.20M$3.5142.45

Enovix presently has a consensus price target of $18.60, indicating a potential upside of 73.83%. Regal Rexnord has a consensus price target of $185.25, indicating a potential upside of 24.34%. Given Enovix's higher probable upside, research analysts clearly believe Enovix is more favorable than Regal Rexnord.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enovix
0 Sell rating(s)
5 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.55
Regal Rexnord
0 Sell rating(s)
0 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
3.00

50.9% of Enovix shares are held by institutional investors. Comparatively, 99.7% of Regal Rexnord shares are held by institutional investors. 15.7% of Enovix shares are held by insiders. Comparatively, 0.8% of Regal Rexnord shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

In the previous week, Enovix had 11 more articles in the media than Regal Rexnord. MarketBeat recorded 17 mentions for Enovix and 6 mentions for Regal Rexnord. Regal Rexnord's average media sentiment score of 1.11 beat Enovix's score of 0.35 indicating that Regal Rexnord is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enovix
4 Very Positive mention(s)
1 Positive mention(s)
9 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Regal Rexnord
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Regal Rexnord beats Enovix on 11 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ENVX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ENVX vs. The Competition

MetricEnovixOther Alt Energy IndustryEnergy SectorNASDAQ Exchange
Market Cap$2.57B$10.33B$7.83B$9.52B
Dividend YieldN/A4.53%10.93%4.08%
P/E Ratio-12.7461.1776.4823.80
Price / Sales89.0556.0427,108.9966.64
Price / CashN/A21.1735.9557.96
Price / Book7.644.753.845.55
Net Income-$222.24M$274.67M$4.27B$259.03M
7 Day Performance-27.16%-5.23%68.75%-4.59%
1 Month Performance-3.78%-0.01%76.43%4.46%
1 Year Performance-10.61%50.49%98.95%18.03%

Enovix Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ENVX
Enovix
3.1777 of 5 stars
$10.70
-20.1%
$18.60
+73.8%
-8.2%$2.57B$23.07M-12.74340Trending News
Earnings Report
Analyst Downgrade
Gap Down
High Trading Volume
RRX
Regal Rexnord
4.8436 of 5 stars
$159.98
+1.8%
$185.25
+15.8%
-8.6%$10.61B$6.03B45.5830,800Positive News
Upcoming Earnings
Gap Down
CAE
CAE
3.7352 of 5 stars
$28.44
-0.9%
$33.67
+18.4%
+66.2%$9.12B$3.28B31.6013,000
BE
Bloom Energy
3.3909 of 5 stars
$34.83
+1.4%
$24.97
-28.3%
+194.5%$8.09B$1.47B-696.462,127Trending News
Earnings Report
Analyst Forecast
Gap Down
QS
QuantumScape
0.9078 of 5 stars
$10.98
-8.3%
$5.90
-46.3%
+35.7%$6.14BN/A-12.77850Insider Trade
Gap Down
High Trading Volume
NOVT
Novanta
2.4034 of 5 stars
$124.63
-2.0%
$160.00
+28.4%
-29.5%$4.48B$951.70M63.593,000Upcoming Earnings
ATKR
Atkore
1.6795 of 5 stars
$78.60
-1.3%
$79.57
+1.2%
-41.3%$2.65B$2.97B15.125,600Positive News
Upcoming Earnings
Dividend Announcement
RUN
Sunrun
4.5682 of 5 stars
$11.15
+3.4%
$14.30
+28.3%
-43.7%$2.55B$2.08B-0.9211,058Positive News
Upcoming Earnings
PLUG
Plug Power
4.3563 of 5 stars
$1.77
-3.8%
$1.92
+8.4%
-39.7%$2.03B$642.22M-0.723,224Upcoming Earnings
Gap Down
ENR
Energizer
4.471 of 5 stars
$23.69
-2.3%
$30.75
+29.8%
-27.8%$1.71B$2.90B32.455,600Positive News
Upcoming Earnings
Dividend Announcement
FLNC
Fluence Energy
2.5901 of 5 stars
$8.84
-5.8%
$7.98
-9.8%
-50.9%$1.60B$2.70B-40.181,595Upcoming Earnings

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This page (NASDAQ:ENVX) was last updated on 8/2/2025 by MarketBeat.com Staff
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