Free Trial

Enovix (ENVX) Competitors

Enovix logo
$10.52 +0.25 (+2.39%)
As of 02:27 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

ENVX vs. QS, NOVT, RUN, ATKR, PLUG, ENR, EOSE, FLNC, AMPX, and MVST

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

Enovix vs. Its Competitors

QuantumScape (NYSE:QS) and Enovix (NASDAQ:ENVX) are both mid-cap electrical equipment companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, profitability, dividends, media sentiment, risk, institutional ownership, earnings and analyst recommendations.

In the previous week, QuantumScape had 12 more articles in the media than Enovix. MarketBeat recorded 17 mentions for QuantumScape and 5 mentions for Enovix. QuantumScape's average media sentiment score of 0.78 beat Enovix's score of 0.71 indicating that QuantumScape is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
QuantumScape
10 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Enovix
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
QuantumScapeN/AN/A-$477.86M-$0.86-9.48
Enovix$23.07M89.52-$222.24M-$0.84-12.51

QuantumScape has a net margin of 0.00% compared to Enovix's net margin of -481.35%. QuantumScape's return on equity of -42.10% beat Enovix's return on equity.

Company Net Margins Return on Equity Return on Assets
QuantumScapeN/A -42.10% -36.91%
Enovix -481.35%-73.88%-32.85%

QuantumScape has a beta of 4.43, meaning that its share price is 343% more volatile than the S&P 500. Comparatively, Enovix has a beta of 2.11, meaning that its share price is 111% more volatile than the S&P 500.

29.9% of QuantumScape shares are owned by institutional investors. Comparatively, 50.9% of Enovix shares are owned by institutional investors. 5.5% of QuantumScape shares are owned by company insiders. Comparatively, 14.1% of Enovix shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

QuantumScape currently has a consensus target price of $5.90, suggesting a potential downside of 27.63%. Enovix has a consensus target price of $18.90, suggesting a potential upside of 79.91%. Given Enovix's stronger consensus rating and higher possible upside, analysts clearly believe Enovix is more favorable than QuantumScape.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
QuantumScape
3 Sell rating(s)
7 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.70
Enovix
0 Sell rating(s)
5 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.55

Summary

Enovix beats QuantumScape on 9 of the 15 factors compared between the two stocks.

Get Enovix News Delivered to You Automatically

Sign up to receive the latest news and ratings for ENVX and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

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.
Skip Chart

ENVX vs. The Competition

MetricEnovixOther Alt Energy IndustryEnergy SectorNASDAQ Exchange
Market Cap$2.06B$9.72B$7.94B$9.75B
Dividend YieldN/A4.49%11.00%4.09%
P/E Ratio-12.5059.9872.7525.96
Price / Sales89.5251.4524,726.11120.82
Price / CashN/A21.1235.9458.38
Price / Book10.003.764.036.37
Net Income-$222.24M$277.28M$4.27B$265.56M
7 Day Performance2.89%0.30%1.43%1.79%
1 Month Performance-28.49%0.47%1.49%1.13%
1 Year Performance2.69%54.30%10.34%21.04%

Enovix Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ENVX
Enovix
2.8869 of 5 stars
$10.51
+2.3%
$18.90
+79.9%
-2.2%$2.06B$23.07M-12.50340
QS
QuantumScape
0.8704 of 5 stars
$8.78
-2.8%
$5.90
-32.8%
+27.9%$4.97BN/A-10.21850Short Interest ↓
NOVT
Novanta
1.3335 of 5 stars
$120.23
+4.6%
$133.00
+10.6%
-36.8%$4.32B$949.24M70.723,000Positive News
RUN
Sunrun
3.9384 of 5 stars
$15.50
+11.4%
$14.63
-5.6%
-24.9%$3.58B$2.04B-1.3411,058Insider Trade
Gap Up
High Trading Volume
ATKR
Atkore
3.4003 of 5 stars
$58.00
+0.2%
$79.57
+37.2%
-42.1%$1.95B$3.20B18.595,600Positive News
Ex-Dividend
PLUG
Plug Power
3.7117 of 5 stars
$1.66
-2.4%
$1.88
+13.3%
-30.0%$1.92B$628.81M-0.723,224
ENR
Energizer
3.5353 of 5 stars
$27.47
-1.6%
$31.43
+14.4%
-6.5%$1.88B$2.89B7.925,600News Coverage
Positive News
Analyst Revision
EOSE
Eos Energy Enterprises
0.6795 of 5 stars
$6.33
+8.0%
$6.38
+0.7%
+151.9%$1.64B$15.61M-1.21250Positive News
FLNC
Fluence Energy
2.1347 of 5 stars
$8.06
+1.4%
$7.98
-1.1%
-62.7%$1.46B$2.70B-38.381,595
AMPX
Amprius Technologies
3.2856 of 5 stars
$7.19
+1.1%
$11.71
+63.0%
+529.2%$899.08M$24.17M-21.7850Short Interest ↑
MVST
Microvast
1.4412 of 5 stars
$2.65
-3.3%
$3.00
+13.2%
+735.2%$862.18M$379.80M-5.201,921

Related Companies and Tools


This page (NASDAQ:ENVX) was last updated on 8/22/2025 by MarketBeat.com Staff
From Our Partners