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Enovix (ENVX) Competitors

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$6.30 -0.40 (-6.01%)
As of 10:37 AM Eastern
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ENVX vs. BE, NOVT, XCH, ATKR, QS, ENR, RUN, EOSE, PLUG, and FLNC

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

Enovix vs.

Enovix (NASDAQ:ENVX) and Bloom Energy (NYSE:BE) are both energy companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, institutional ownership, risk, analyst recommendations, valuation, community ranking, dividends, profitability and media sentiment.

Bloom Energy has a net margin of -10.29% compared to Enovix's net margin of -963.17%. Bloom Energy's return on equity of -20.32% beat Enovix's return on equity.

Company Net Margins Return on Equity Return on Assets
Enovix-963.17% -96.99% -38.60%
Bloom Energy -10.29%-20.32%-3.94%

Bloom Energy received 225 more outperform votes than Enovix when rated by MarketBeat users. However, 66.67% of users gave Enovix an outperform vote while only 59.52% of users gave Bloom Energy an outperform vote.

CompanyUnderperformOutperform
EnovixOutperform Votes
50
66.67%
Underperform Votes
25
33.33%
Bloom EnergyOutperform Votes
275
59.52%
Underperform Votes
187
40.48%

In the previous week, Bloom Energy had 9 more articles in the media than Enovix. MarketBeat recorded 25 mentions for Bloom Energy and 16 mentions for Enovix. Bloom Energy's average media sentiment score of 1.18 beat Enovix's score of 0.46 indicating that Bloom Energy 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)
4 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Bloom Energy
12 Very Positive mention(s)
9 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

50.9% of Enovix shares are held by institutional investors. Comparatively, 77.0% of Bloom Energy shares are held by institutional investors. 15.7% of Enovix shares are held by insiders. Comparatively, 8.8% of Bloom Energy 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.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Enovix$23.07M55.67-$214.07M-$1.45-4.62
Bloom Energy$1.47B2.87-$302.12M-$0.20-91.65

Enovix has a beta of 1.98, indicating that its stock price is 98% more volatile than the S&P 500. Comparatively, Bloom Energy has a beta of 3.27, indicating that its stock price is 227% more volatile than the S&P 500.

Enovix presently has a consensus price target of $18.40, indicating a potential upside of 174.63%. Bloom Energy has a consensus price target of $22.97, indicating a potential upside of 25.33%. Given Enovix's stronger consensus rating and higher probable upside, equities analysts plainly believe Enovix is more favorable than Bloom Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enovix
0 Sell rating(s)
2 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.82
Bloom Energy
2 Sell rating(s)
9 Hold rating(s)
9 Buy rating(s)
2 Strong Buy rating(s)
2.50

Summary

Bloom Energy beats Enovix on 11 of the 18 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 {thisCompany.Symbol} 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

MetricEnovixelectrical machinery, equipment, & supplies IndustryEnergy SectorNASDAQ Exchange
Market Cap$1.30B$756.23M$7.01B$7.83B
Dividend YieldN/A2.65%10.60%4.22%
P/E Ratio-4.628.5749.0918.48
Price / Sales55.678.8723,983.53103.59
Price / CashN/A15.9535.5034.62
Price / Book4.298.253.484.25
Net Income-$214.07M-$70.66M$4.30B$248.23M
7 Day Performance-1.33%2.01%-1.20%0.89%
1 Month Performance-9.95%1.48%-6.17%3.53%
1 Year Performance2.92%1.64%159.32%5.08%

Enovix Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ENVX
Enovix
2.7893 of 5 stars
$6.30
-6.0%
$18.40
+192.2%
+7.0%$1.23B$23.07M-4.42340Analyst Forecast
News Coverage
BE
Bloom Energy
4.1061 of 5 stars
$19.25
+1.7%
$22.97
+19.3%
+65.0%$4.44B$1.47B-34.372,530Positive News
Gap Down
NOVT
Novanta
2.963 of 5 stars
$118.44
-1.1%
$160.00
+35.1%
-24.1%$4.25B$949.25M70.783,000Upcoming Earnings
Positive News
XCH
XCHG
N/A$1.25
+4.2%
N/AN/A$2.97B$39.07M0.00165Positive News
ATKR
Atkore
2.5234 of 5 stars
$63.34
-0.9%
$75.00
+18.4%
-63.6%$2.20B$3.07B6.135,000Upcoming Earnings
Dividend Increase
Analyst Revision
Gap Down
QS
QuantumScape
2.2249 of 5 stars
$3.98
+0.9%
$5.19
+30.5%
-27.9%$2.18BN/A-4.24850Analyst Forecast
ENR
Energizer
4.1989 of 5 stars
$26.91
-0.2%
$33.75
+25.4%
-5.7%$1.94B$2.90B34.035,500Upcoming Earnings
Dividend Announcement
RUN
Sunrun
4.3272 of 5 stars
$7.48
+1.2%
$14.92
+99.6%
-33.0%$1.69B$2.04B-4.1112,400Upcoming Earnings
Options Volume
News Coverage
EOSE
Eos Energy Enterprises
0.5742 of 5 stars
$5.43
+3.9%
$4.70
-13.4%
+575.1%$1.22B$15.61M-2.24250Upcoming Earnings
News Coverage
Positive News
PLUG
Plug Power
4.3862 of 5 stars
$1.04
+27.5%
$2.29
+121.3%
-62.2%$957.56M$628.81M-0.482,450Upcoming Earnings
Options Volume
Analyst Revision
Gap Up
High Trading Volume
FLNC
Fluence Energy
3.5594 of 5 stars
$4.11
-1.8%
$10.64
+159.1%
-77.1%$743.44M$2.52B-81.90970Upcoming Earnings
Analyst Downgrade
Analyst Revision

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This page (NASDAQ:ENVX) was last updated on 5/1/2025 by MarketBeat.com Staff
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