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Enovix (ENVX) Competitors

Enovix logo
$3.50 +0.14 (+4.17%)
As of 02:28 PM Eastern

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

Should you buy Enovix stock or one of its competitors? Enovix's main competitors and comparable companies include Preformed Line Products (PLPC), Fluence Energy (FLNC), SolarEdge Technologies (SEDG), Allient (ALNT), and FuelCell Energy (FCEL). 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 Preformed Line Products?

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

In the previous week, Enovix had 3 more articles in the media than Preformed Line Products. MarketBeat recorded 7 mentions for Enovix and 4 mentions for Preformed Line Products. Preformed Line Products' average media sentiment score of 1.69 beat Enovix's score of 1.26 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
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Enovix
4 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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$669.34M2.92$35.28M$8.8845.00
Enovix$35.88M21.35-$156.74M-$0.81N/A

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

Preformed Line Products presently has a consensus price target of $275.00, indicating a potential downside of 31.18%. Enovix has a consensus price target of $11.77, indicating a potential upside of 237.33%. Given Enovix's higher possible 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

Preformed Line Products has a beta of 0.91, suggesting that its share price is 9% less volatile than the broader market. Comparatively, Enovix has a beta of 2.32, suggesting that its share price is 132% more volatile than the broader market.

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%

Summary

Preformed Line Products beats Enovix on 10 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 investment? We will contrast the two companies based on the strength of their earnings, media sentiment, dividends, profitability, institutional ownership, analyst recommendations, risk 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$35.88M21.35-$156.74M-$0.81N/A
Fluence Energy$2.63B0.76-$48.31M-$0.61N/A

Enovix has a beta of 2.32, meaning that its stock price is 132% more volatile than the broader market. Comparatively, Fluence Energy has a beta of 2.78, meaning that its stock price is 178% more volatile than the broader market.

Enovix currently has a consensus target price of $11.77, suggesting a potential upside of 237.33%. Fluence Energy has a consensus target price of $18.05, suggesting a potential upside of 66.64%. Given Enovix's stronger consensus rating and higher possible upside, research analysts clearly 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
3 Sell rating(s)
14 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.13

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%

50.9% of Enovix shares are held by institutional investors. Comparatively, 53.2% of Fluence Energy shares are held by institutional investors. 12.7% of Enovix shares are held by company insiders. Comparatively, 0.7% of Fluence Energy shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

In the previous week, Fluence Energy had 1 more articles in the media than Enovix. MarketBeat recorded 8 mentions for Fluence Energy and 7 mentions for Enovix. Enovix's average media sentiment score of 1.26 beat Fluence Energy's score of 0.69 indicating that Enovix is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enovix
4 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Fluence Energy
2 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Fluence Energy beats Enovix on 9 of the 16 factors compared between the two stocks.

How does Enovix compare to SolarEdge Technologies?

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

SolarEdge Technologies has a beta of 1.49, suggesting that its share price is 49% more volatile than the broader market. Comparatively, Enovix has a beta of 2.32, suggesting that its share price is 132% more volatile than the broader market.

SolarEdge Technologies presently has a consensus price target of $38.36, indicating a potential upside of 20.70%. Enovix has a consensus price target of $11.77, indicating a potential upside of 237.33%. Given Enovix's stronger consensus rating and higher possible upside, analysts plainly 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)
10 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
1.82
Enovix
2 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.50

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%

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$1.18B1.65-$405.45M-$4.50N/A
Enovix$35.88M21.35-$156.74M-$0.81N/A

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

In the previous week, SolarEdge Technologies had 10 more articles in the media than Enovix. MarketBeat recorded 17 mentions for SolarEdge Technologies and 7 mentions for Enovix. Enovix's average media sentiment score of 1.26 beat SolarEdge Technologies' score of 0.86 indicating that Enovix is being referred to more favorably in the news media.

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

Summary

Enovix beats SolarEdge Technologies on 11 of the 17 factors compared between the two stocks.

How does Enovix compare to Allient?

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

In the previous week, Enovix had 1 more articles in the media than Allient. MarketBeat recorded 7 mentions for Enovix and 6 mentions for Allient. Enovix's average media sentiment score of 1.26 beat Allient's score of 1.02 indicating that Enovix is being referred to more favorably in the news media.

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

Allient presently has a consensus target price of $84.00, suggesting a potential downside of 10.29%. Enovix has a consensus target price of $11.77, suggesting a potential upside of 237.33%. Given Enovix's higher possible upside, analysts plainly believe Enovix is more favorable than Allient.

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

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
Allient$574.78M2.77$22.03M$1.7055.08
Enovix$35.88M21.35-$156.74M-$0.81N/A

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
Allient4.98% 13.55% 7.05%
Enovix -473.89%-64.50%-19.31%

Allient has a beta of 1.61, indicating that its stock price is 61% more volatile than the broader market. Comparatively, Enovix has a beta of 2.32, indicating that its stock price is 132% more volatile than the broader market.

61.6% of Allient shares are held by institutional investors. Comparatively, 50.9% of Enovix shares are held by institutional investors. 15.0% of Allient shares are held by insiders. Comparatively, 12.7% of Enovix shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Allient beats Enovix on 10 of the 16 factors compared between the two stocks.

How does Enovix compare to FuelCell Energy?

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

Enovix presently has a consensus price target of $11.77, suggesting a potential upside of 237.33%. FuelCell Energy has a consensus price target of $22.83, suggesting a potential upside of 35.99%. Given Enovix's stronger consensus rating and higher possible upside, equities analysts clearly believe Enovix is more favorable than FuelCell 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
FuelCell Energy
2 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.22

In the previous week, FuelCell Energy had 5 more articles in the media than Enovix. MarketBeat recorded 12 mentions for FuelCell Energy and 7 mentions for Enovix. Enovix's average media sentiment score of 1.26 beat FuelCell Energy's score of 1.02 indicating that Enovix is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enovix
4 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
FuelCell Energy
7 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

50.9% of Enovix shares are held by institutional investors. Comparatively, 42.8% of FuelCell Energy shares are held by institutional investors. 12.7% of Enovix shares are held by insiders. Comparatively, 5.5% of FuelCell Energy shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Enovix has a beta of 2.32, meaning that its stock price is 132% more volatile than the broader market. Comparatively, FuelCell Energy has a beta of 2.38, meaning that its stock price is 138% more volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Enovix$35.88M21.35-$156.74M-$0.81N/A
FuelCell Energy$158.16M8.49-$187.90M-$6.57N/A

FuelCell Energy has a net margin of -132.41% compared to Enovix's net margin of -473.89%. FuelCell Energy's return on equity of -15.90% beat Enovix's return on equity.

Company Net Margins Return on Equity Return on Assets
Enovix-473.89% -64.50% -19.31%
FuelCell Energy -132.41%-15.90%-11.33%

Summary

Enovix beats FuelCell Energy on 10 of the 17 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

MetricEnovixElectrical Equipment IndustryIndustrials SectorNASDAQ Exchange
Market Cap$765.88M$10.23B$10.50B$12.81B
Dividend YieldN/A2.33%97.24%11.27%
P/E Ratio-4.3144.7326.2225.45
Price / Sales21.351,694.15369.74122.48
Price / CashN/A29.8324.2136.03
Price / Book2.757.974.996.33
Net Income-$156.74M$139.36M$610.96M$349.46M
7 Day Performance6.73%-1.31%-0.93%-0.29%
1 Month Performance-14.67%1.21%1.46%4.18%
1 Year Performance-63.72%11.52%10.33%14.53%

Enovix Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ENVX
Enovix
2.9969 of 5 stars
$3.50
+4.2%
$11.77
+236.4%
-65.1%$768.07M$35.88MN/A340
PLPC
Preformed Line Products
1.9618 of 5 stars
$406.93
-5.2%
$275.00
-32.4%
+111.5%$2.10B$669.34M45.833,734
FLNC
Fluence Energy
2.9967 of 5 stars
$10.86
-4.2%
$17.89
+64.7%
+47.0%$2.09B$2.26BN/A1,670
SEDG
SolarEdge Technologies
2.4459 of 5 stars
$30.09
-2.4%
$36.20
+20.3%
-7.1%$1.90B$1.18BN/A3,576
ALNT
Allient
3.9854 of 5 stars
$93.08
-2.9%
$84.00
-9.8%
+104.6%$1.63B$554.48M39.282,478

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This page (NASDAQ:ENVX) was last updated on 8/31/2026 by MarketBeat.com Staff.
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