Go Pro

Enovix (ENVX) Competitors

Enovix logo
$2.99 +0.05 (+1.70%)
Closing price 09/18/2026 04:00 PM Eastern
Extended Trading
$2.98 -0.01 (-0.20%)
As of 09/18/2026 07:58 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

ENVX vs. SEDG, PLPC, FLNC, ALNT, and EOSE

Should you buy Enovix stock or one of its competitors? Enovix's main competitors and comparable companies include SolarEdge Technologies (SEDG), Preformed Line Products (PLPC), Fluence Energy (FLNC), Allient (ALNT), and Eos Energy Enterprises (EOSE). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "electrical components & equipment" industry.

How does Enovix compare to SolarEdge Technologies?

SolarEdge Technologies (NASDAQ:SEDG) and Enovix (NASDAQ:ENVX) are both industrials companies, but which is the better investment? We will compare the two companies based on the strength of their valuation, profitability, institutional ownership, risk, earnings, dividends, media sentiment and analyst recommendations.

95.1% of SolarEdge Technologies shares are owned by institutional investors. Comparatively, 50.9% of Enovix shares are owned by institutional investors. 1.0% of SolarEdge Technologies shares are owned by insiders. Comparatively, 12.7% of Enovix shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

SolarEdge Technologies has a net margin of -20.29% compared to Enovix's net margin of -473.89%. SolarEdge Technologies' return on equity of -29.17% beat Enovix's return on equity.

Company Net Margins Return on Equity Return on Assets
SolarEdge Technologies-20.29% -29.17% -5.62%
Enovix -473.89%-64.50%-19.31%

SolarEdge Technologies has a beta of 1.44, meaning that its stock price is 44% more volatile than the broader market. Comparatively, Enovix has a beta of 2.31, meaning that its stock price is 131% more volatile than the broader market.

In the previous week, SolarEdge Technologies had 6 more articles in the media than Enovix. MarketBeat recorded 9 mentions for SolarEdge Technologies and 3 mentions for Enovix. SolarEdge Technologies' average media sentiment score of 0.40 beat Enovix's score of 0.15 indicating that SolarEdge Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SolarEdge Technologies
0 Very Positive mention(s)
5 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Enovix
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

Enovix has lower revenue, but higher earnings than SolarEdge Technologies. SolarEdge Technologies 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
SolarEdge Technologies$1.33B1.60-$405.45M-$4.50N/A
Enovix$31.82M20.62-$156.74M-$0.81N/A

SolarEdge Technologies currently has a consensus target price of $39.00, suggesting a potential upside of 12.46%. Enovix has a consensus target price of $11.77, suggesting a potential upside of 293.74%. Given Enovix's stronger consensus rating and higher possible upside, analysts clearly believe Enovix is more favorable than SolarEdge Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SolarEdge Technologies
5 Sell rating(s)
11 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
1.83
Enovix
2 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.50

Summary

Enovix beats SolarEdge Technologies on 10 of the 17 factors compared between the two stocks.

How does Enovix compare to Preformed Line Products?

Preformed Line Products (NASDAQ:PLPC) and Enovix (NASDAQ:ENVX) are both industrials companies, but which is the better business? We will compare the two businesses based on the strength of their risk, analyst recommendations, earnings, media sentiment, dividends, profitability, institutional ownership and valuation.

Preformed Line Products has a net margin of 5.82% compared to Enovix's net margin of -473.89%. Preformed Line Products' return on equity of 10.64% beat Enovix's return on equity.

Company Net Margins Return on Equity Return on Assets
Preformed Line Products5.82% 10.64% 7.65%
Enovix -473.89%-64.50%-19.31%

41.2% of Preformed Line Products shares are held by institutional investors. Comparatively, 50.9% of Enovix shares are held by institutional investors. 33.0% of Preformed Line Products shares are held by company insiders. Comparatively, 12.7% of Enovix shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Preformed Line Products has a beta of 0.93, meaning that its share price is 7% less volatile than the broader market. Comparatively, Enovix has a beta of 2.31, meaning that its share price is 131% more volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Preformed Line Products$669.34M3.01$35.28M$8.8846.44
Enovix$31.82M20.62-$156.74M-$0.81N/A

In the previous week, Preformed Line Products had 2 more articles in the media than Enovix. MarketBeat recorded 5 mentions for Preformed Line Products and 3 mentions for Enovix. Preformed Line Products' average media sentiment score of 0.94 beat Enovix's score of 0.15 indicating that Preformed Line Products is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Preformed Line Products
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Enovix
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

Preformed Line Products currently has a consensus price target of $275.00, indicating a potential downside of 33.31%. Enovix has a consensus price target of $11.77, indicating a potential upside of 293.74%. Given Enovix's higher probable upside, analysts plainly believe Enovix is more favorable than Preformed Line Products.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Preformed Line Products
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
3.00
Enovix
2 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.50

Summary

Preformed Line Products beats Enovix on 11 of the 16 factors compared between the two stocks.

How does Enovix compare to Fluence Energy?

Enovix (NASDAQ:ENVX) and Fluence Energy (NASDAQ:FLNC) are both small-cap industrials companies, but which is the superior stock? We will compare the two businesses based on the strength of their media sentiment, risk, earnings, profitability, institutional ownership, dividends, analyst recommendations and valuation.

Fluence Energy has higher revenue and earnings than Enovix. Fluence 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$31.82M20.62-$156.74M-$0.81N/A
Fluence Energy$2.26B0.60-$48.31M-$0.61N/A

50.9% of Enovix shares are owned by institutional investors. Comparatively, 53.2% of Fluence Energy shares are owned by institutional investors. 12.7% of Enovix shares are owned by company insiders. Comparatively, 0.7% of Fluence Energy shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Fluence Energy has a net margin of -3.13% compared to Enovix's net margin of -473.89%. Fluence Energy's return on equity of -16.79% beat Enovix's return on equity.

Company Net Margins Return on Equity Return on Assets
Enovix-473.89% -64.50% -19.31%
Fluence Energy -3.13%-16.79%-3.37%

In the previous week, Fluence Energy had 55 more articles in the media than Enovix. MarketBeat recorded 58 mentions for Fluence Energy and 3 mentions for Enovix. Enovix's average media sentiment score of 0.15 beat Fluence Energy's score of 0.10 indicating that Enovix is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enovix
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Fluence Energy
8 Very Positive mention(s)
21 Positive mention(s)
12 Neutral mention(s)
8 Negative mention(s)
1 Very Negative mention(s)
Neutral

Enovix currently has a consensus target price of $11.77, suggesting a potential upside of 293.74%. Fluence Energy has a consensus target price of $12.52, suggesting a potential upside of 71.02%. Given Enovix's stronger consensus rating and higher probable upside, research analysts plainly believe Enovix is more favorable than Fluence Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enovix
2 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.50
Fluence Energy
7 Sell rating(s)
14 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
1.88

Enovix has a beta of 2.31, suggesting that its stock price is 131% more volatile than the broader market. Comparatively, Fluence Energy has a beta of 2.74, suggesting that its stock price is 174% more volatile than the broader market.

Summary

Fluence Energy beats Enovix on 9 of the 17 factors compared between the two stocks.

How does Enovix compare to Allient?

Enovix (NASDAQ:ENVX) and Allient (NASDAQ:ALNT) are both small-cap industrials companies, but which is the superior investment? We will compare the two businesses based on the strength of their risk, valuation, analyst recommendations, profitability, media sentiment, earnings, dividends and institutional ownership.

Enovix has a beta of 2.31, indicating that its share price is 131% more volatile than the broader market. Comparatively, Allient has a beta of 1.62, indicating that its share price is 62% more volatile than the broader market.

50.9% of Enovix shares are owned by institutional investors. Comparatively, 61.6% of Allient shares are owned by institutional investors. 12.7% of Enovix shares are owned by insiders. Comparatively, 15.0% of Allient shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

In the previous week, Allient had 1 more articles in the media than Enovix. MarketBeat recorded 4 mentions for Allient and 3 mentions for Enovix. Allient's average media sentiment score of 0.79 beat Enovix's score of 0.15 indicating that Allient is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enovix
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Allient
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Allient has a net margin of 4.98% compared to Enovix's net margin of -473.89%. Allient's return on equity of 13.55% beat Enovix's return on equity.

Company Net Margins Return on Equity Return on Assets
Enovix-473.89% -64.50% -19.31%
Allient 4.98%13.55%7.05%

Enovix presently has a consensus target price of $11.77, indicating a potential upside of 293.74%. Allient has a consensus target price of $84.00, indicating a potential downside of 16.41%. Given Enovix's higher possible upside, equities research analysts plainly believe Enovix is more favorable than Allient.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enovix
2 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.50
Allient
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
3.17

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Enovix$31.82M20.62-$156.74M-$0.81N/A
Allient$554.48M3.08$22.03M$1.7059.11

Summary

Allient beats Enovix on 12 of the 16 factors compared between the two stocks.

How does Enovix compare to Eos Energy Enterprises?

Enovix (NASDAQ:ENVX) and Eos Energy Enterprises (NASDAQ:EOSE) are both small-cap industrials companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, media sentiment, earnings, valuation, institutional ownership, risk and dividends.

Enovix has a beta of 2.31, indicating that its stock price is 131% more volatile than the broader market. Comparatively, Eos Energy Enterprises has a beta of 2.77, indicating that its stock price is 177% more volatile than the broader market.

In the previous week, Eos Energy Enterprises had 23 more articles in the media than Enovix. MarketBeat recorded 26 mentions for Eos Energy Enterprises and 3 mentions for Enovix. Eos Energy Enterprises' average media sentiment score of 0.80 beat Enovix's score of 0.15 indicating that Eos Energy Enterprises is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enovix
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Eos Energy Enterprises
13 Very Positive mention(s)
5 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Enovix presently has a consensus target price of $11.77, suggesting a potential upside of 293.74%. Eos Energy Enterprises has a consensus target price of $8.19, suggesting a potential upside of 106.76%. Given Enovix's stronger consensus rating and higher possible upside, analysts plainly believe Enovix is more favorable than Eos Energy Enterprises.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enovix
2 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.50
Eos Energy Enterprises
1 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.30

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Enovix$31.82M20.62-$156.74M-$0.81N/A
Eos Energy Enterprises$114.20M12.63-$969.65M-$6.83N/A

Eos Energy Enterprises has a net margin of -246.76% compared to Enovix's net margin of -473.89%. Eos Energy Enterprises' return on equity of 0.00% beat Enovix's return on equity.

Company Net Margins Return on Equity Return on Assets
Enovix-473.89% -64.50% -19.31%
Eos Energy Enterprises -246.76%N/A -72.43%

50.9% of Enovix shares are owned by institutional investors. Comparatively, 54.9% of Eos Energy Enterprises shares are owned by institutional investors. 12.7% of Enovix shares are owned by company insiders. Comparatively, 1.7% of Eos Energy Enterprises shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Enovix and Eos Energy Enterprises tied by winning 8 of the 16 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.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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

MetricEnovixElectrical Equipment IndustryIndustrials SectorNASDAQ Exchange
Market Cap$656.15M$10.42B$10.20B$12.95B
Dividend YieldN/A2.35%97.05%12.80%
P/E Ratio-3.6946.3325.5225.40
Price / Sales20.621,650.36283.5986.83
Price / CashN/A32.8323.8151.42
Price / Book2.357.494.806.33
Net Income-$156.74M$139.36M$614.67M$358.33M
7 Day Performance-3.55%9.87%1.21%1.12%
1 Month Performance-8.56%4.67%-2.57%-2.39%
1 Year Performance-70.37%4.08%4.34%5.35%

Enovix Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ENVX
Enovix
2.062 of 5 stars
$2.99
+1.7%
$11.77
+293.7%
-70.4%$656.15M$31.82MN/A664
SEDG
SolarEdge Technologies
1.4976 of 5 stars
$35.33
+1.9%
$39.00
+10.4%
-2.2%$2.13B$1.18BN/A3,576
PLPC
Preformed Line Products
2.3497 of 5 stars
$398.24
-6.0%
$275.00
-30.9%
+104.4%$2.07B$669.34M44.853,734
FLNC
Fluence Energy
2.5869 of 5 stars
$9.41
-5.2%
$16.89
+79.5%
-21.8%$1.83B$2.26BN/A1,670
ALNT
Allient
3.1636 of 5 stars
$90.55
-8.2%
$84.00
-7.2%
+115.7%$1.68B$554.48M40.432,478

Related Companies and Tools


This page (NASDAQ:ENVX) was last updated on 9/20/2026 by MarketBeat.com Staff.
From Our Partners