Enovix (ENVX) Competitors

$5.93 -0.18 (-2.95%)

Closing price 04:00 PM Eastern

Extended Trading

$5.98 +0.05 (+0.91%)

As of 07:34 PM Eastern

ENVX vs. NOVT, QS, PLUG, FLNC, and RUN

Should you buy Enovix stock or one of its competitors? MarketBeat compares Enovix with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Enovix include Novanta (NOVT), QuantumScape (QS), Plug Power (PLUG), Fluence Energy (FLNC), and Sunrun (RUN). These companies are all part of the "electrical equipment" industry.

How does Enovix compare to Novanta?

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

In the previous week, Enovix had 9 more articles in the media than Novanta. MarketBeat recorded 25 mentions for Enovix and 16 mentions for Novanta. Novanta's average media sentiment score of 0.69 beat Enovix's score of 0.16 indicating that Novanta is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Enovix	3 Very Positive mention(s)	3 Positive mention(s)	7 Neutral mention(s)	5 Negative mention(s)	0 Very Negative mention(s)	Neutral
Novanta	5 Very Positive mention(s)	3 Positive mention(s)	6 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Enovix has a beta of 2.24, indicating that its stock price is 124% more volatile than the broader market. Comparatively, Novanta has a beta of 1.62, indicating that its stock price is 62% more volatile than the broader market.

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Enovix	$31.82M	40.65	-$156.74M	-$0.83	N/A
Novanta	$980.60M	5.49	$53.83M	$1.38	109.62

50.9% of Enovix shares are owned by institutional investors. Comparatively, 98.4% of Novanta shares are owned by institutional investors. 12.7% of Enovix shares are owned by insiders. Comparatively, 1.2% of Novanta shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Enovix currently has a consensus target price of $12.64, indicating a potential upside of 113.09%. Novanta has a consensus target price of $173.00, indicating a potential upside of 14.37%. Given Enovix's stronger consensus rating and higher probable upside, analysts clearly believe Enovix is more favorable than Novanta.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Enovix	2 Sell rating(s)	1 Hold rating(s)	7 Buy rating(s)	0 Strong Buy rating(s)	2.50
Novanta	0 Sell rating(s)	2 Hold rating(s)	1 Buy rating(s)	0 Strong Buy rating(s)	2.33

Novanta has a net margin of 5.35% compared to Enovix's net margin of -499.64%. Novanta's return on equity of 12.06% beat Enovix's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Enovix	-499.64%	-64.28%	-21.19%
Novanta	5.35%	12.06%	7.70%

Summary

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

How does Enovix compare to QuantumScape?

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

Enovix has a beta of 2.24, suggesting that its share price is 124% more volatile than the broader market. Comparatively, QuantumScape has a beta of 2.57, suggesting that its share price is 157% more volatile than the broader market.

QuantumScape has a net margin of 0.00% compared to Enovix's net margin of -499.64%. QuantumScape's return on equity of -39.90% beat Enovix's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Enovix	-499.64%	-64.28%	-21.19%
QuantumScape	N/A	-39.90%	-35.31%

In the previous week, Enovix had 17 more articles in the media than QuantumScape. MarketBeat recorded 25 mentions for Enovix and 8 mentions for QuantumScape. QuantumScape's average media sentiment score of 0.35 beat Enovix's score of 0.16 indicating that QuantumScape is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Enovix	3 Very Positive mention(s)	3 Positive mention(s)	7 Neutral mention(s)	5 Negative mention(s)	0 Very Negative mention(s)	Neutral
QuantumScape	3 Very Positive mention(s)	2 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Neutral

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Enovix	$31.82M	40.65	-$156.74M	-$0.83	N/A
QuantumScape	N/A	N/A	-$477.86M	-$0.71	N/A

50.9% of Enovix shares are held by institutional investors. Comparatively, 29.9% of QuantumScape shares are held by institutional investors. 12.7% of Enovix shares are held by company insiders. Comparatively, 5.5% of QuantumScape shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Enovix presently has a consensus price target of $12.64, indicating a potential upside of 113.09%. QuantumScape has a consensus price target of $11.13, indicating a potential upside of 47.07%. 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
Enovix	2 Sell rating(s)	1 Hold rating(s)	7 Buy rating(s)	0 Strong Buy rating(s)	2.50
QuantumScape	1 Sell rating(s)	6 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	1.86

Summary

Enovix beats QuantumScape on 10 of the 15 factors compared between the two stocks.

How does Enovix compare to Plug Power?

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

Plug Power presently has a consensus target price of $3.37, suggesting a potential downside of 2.46%. Enovix has a consensus target price of $12.64, suggesting a potential upside of 113.09%. Given Enovix's stronger consensus rating and higher possible upside, analysts plainly believe Enovix is more favorable than Plug Power.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Plug Power	4 Sell rating(s)	7 Hold rating(s)	2 Buy rating(s)	2 Strong Buy rating(s)	2.13
Enovix	2 Sell rating(s)	1 Hold rating(s)	7 Buy rating(s)	0 Strong Buy rating(s)	2.50

43.5% of Plug Power shares are owned by institutional investors. Comparatively, 50.9% of Enovix shares are owned by institutional investors. 0.6% of Plug Power shares are owned by company insiders. Comparatively, 12.7% of Enovix shares are owned 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.

Plug Power has a beta of 2.06, suggesting that its stock price is 106% more volatile than the broader market. Comparatively, Enovix has a beta of 2.24, suggesting that its stock price is 124% more volatile than the broader market.

In the previous week, Plug Power had 41 more articles in the media than Enovix. MarketBeat recorded 66 mentions for Plug Power and 25 mentions for Enovix. Plug Power's average media sentiment score of 0.80 beat Enovix's score of 0.16 indicating that Plug Power is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Plug Power	30 Very Positive mention(s)	7 Positive mention(s)	15 Neutral mention(s)	3 Negative mention(s)	1 Very Negative mention(s)	Positive
Enovix	3 Very Positive mention(s)	3 Positive mention(s)	7 Neutral mention(s)	5 Negative mention(s)	0 Very Negative mention(s)	Neutral

Plug Power has a net margin of -227.13% compared to Enovix's net margin of -499.64%. Plug Power's return on equity of -49.30% beat Enovix's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Plug Power	-227.13%	-49.30%	-21.75%
Enovix	-499.64%	-64.28%	-21.19%

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Plug Power	$709.92M	6.78	-$1.63B	-$1.32	N/A
Enovix	$31.82M	40.65	-$156.74M	-$0.83	N/A

Summary

Enovix beats Plug Power on 10 of the 17 factors compared between the two stocks.

How does Enovix compare to Fluence Energy?

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Enovix	$31.82M	40.65	-$156.74M	-$0.83	N/A
Fluence Energy	$2.26B	1.59	-$48.31M	-$0.36	N/A

In the previous week, Enovix had 13 more articles in the media than Fluence Energy. MarketBeat recorded 25 mentions for Enovix and 12 mentions for Fluence Energy. Fluence Energy's average media sentiment score of 0.93 beat Enovix's score of 0.16 indicating that Fluence Energy is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Enovix	3 Very Positive mention(s)	3 Positive mention(s)	7 Neutral mention(s)	5 Negative mention(s)	0 Very Negative mention(s)	Neutral
Fluence Energy	4 Very Positive mention(s)	5 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Fluence Energy has a net margin of -1.62% compared to Enovix's net margin of -499.64%. Fluence Energy's return on equity of -8.29% beat Enovix's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Enovix	-499.64%	-64.28%	-21.19%
Fluence Energy	-1.62%	-8.29%	-1.85%

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 large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Enovix has a beta of 2.24, indicating that its share price is 124% more volatile than the broader market. Comparatively, Fluence Energy has a beta of 2.62, indicating that its share price is 162% more volatile than the broader market.

Enovix currently has a consensus target price of $12.64, indicating a potential upside of 113.09%. Fluence Energy has a consensus target price of $19.47, indicating a potential downside of 0.36%. Given Enovix's stronger consensus rating and higher probable 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)	1 Hold rating(s)	7 Buy rating(s)	0 Strong Buy rating(s)	2.50
Fluence Energy	5 Sell rating(s)	11 Hold rating(s)	5 Buy rating(s)	0 Strong Buy rating(s)	2.00

Summary

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

How does Enovix compare to Sunrun?

Sunrun (NASDAQ:RUN) and Enovix (NASDAQ:ENVX) are both energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, institutional ownership, profitability, media sentiment, risk, valuation and earnings.

In the previous week, Enovix had 15 more articles in the media than Sunrun. MarketBeat recorded 25 mentions for Enovix and 10 mentions for Sunrun. Sunrun's average media sentiment score of 0.54 beat Enovix's score of 0.16 indicating that Sunrun is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Sunrun	5 Very Positive mention(s)	0 Positive mention(s)	4 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Positive
Enovix	3 Very Positive mention(s)	3 Positive mention(s)	7 Neutral mention(s)	5 Negative mention(s)	0 Very Negative mention(s)	Neutral

Sunrun has a net margin of 17.88% compared to Enovix's net margin of -499.64%. Sunrun's return on equity of 14.06% beat Enovix's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Sunrun	17.88%	14.06%	2.56%
Enovix	-499.64%	-64.28%	-21.19%

91.7% of Sunrun shares are owned by institutional investors. Comparatively, 50.9% of Enovix shares are owned by institutional investors. 3.6% of Sunrun 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, endowments and large money managers believe a stock is poised for long-term growth.

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Sunrun	$2.96B	1.09	$449.95M	$2.13	6.33
Enovix	$31.82M	40.65	-$156.74M	-$0.83	N/A

Sunrun has a beta of 2.25, suggesting that its stock price is 125% more volatile than the broader market. Comparatively, Enovix has a beta of 2.24, suggesting that its stock price is 124% more volatile than the broader market.

Sunrun currently has a consensus price target of $18.48, suggesting a potential upside of 37.00%. Enovix has a consensus price target of $12.64, suggesting a potential upside of 113.09%. Given Enovix's higher probable upside, analysts clearly believe Enovix is more favorable than Sunrun.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Sunrun	2 Sell rating(s)	8 Hold rating(s)	12 Buy rating(s)	1 Strong Buy rating(s)	2.52
Enovix	2 Sell rating(s)	1 Hold rating(s)	7 Buy rating(s)	0 Strong Buy rating(s)	2.50

Summary

Sunrun beats Enovix on 13 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.

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.

ENVX vs. The Competition

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Metric	Enovix	Other Alt Energy Industry	Energy Sector	NASDAQ Exchange
Market Cap	$1.29B	$14.28B	$10.68B	$12.22B
Dividend Yield	N/A	3.60%	10.20%	5.30%
P/E Ratio	-7.14	53.10	21.75	25.25
Price / Sales	40.65	66.85	1,021.10	70.60
Price / Cash	N/A	33.68	37.44	37.27
Price / Book	4.67	6.65	4.64	6.63
Net Income	-$156.74M	$276.59M	$4.24B	$335.32M
7 Day Performance	-17.41%	-3.72%	1.38%	-1.83%
1 Month Performance	-10.42%	5.35%	6.61%	-1.16%
1 Year Performance	-28.38%	56.04%	55.09%	28.31%

Enovix Competitors List

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Company	MarketRank	Share Price	Analysts' Price Target	1Y Price Performance	Market Cap	Revenue	P/E Ratio	Employee Count	Indicator(s)
ENVX Enovix	2.9373 of 5 stars	$5.93 -2.9%	$12.64 +113.1%	-26.2%	$1.29B	$31.82M	N/A	340	Earnings Report Analyst Upgrade
NOVT Novanta	2.0828 of 5 stars	$139.98 +1.2%	$144.00 +2.9%	+16.6%	$4.98B	$980.60M	95.88	3,000	Earnings Report Gap Up
QS QuantumScape	2.3973 of 5 stars	$8.03 +6.5%	$11.13 +38.6%	+69.5%	$4.94B	N/A	N/A	850
PLUG Plug Power	1.6346 of 5 stars	$3.52 +12.8%	$3.03 -14.1%	+389.4%	$4.91B	$709.92M	N/A	2,582	Earnings Report
FLNC Fluence Energy	1.582 of 5 stars	$25.23 +4.4%	$18.82 -25.4%	+283.9%	$4.64B	$2.26B	N/A	1,670	Insider Trade High Trading Volume

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This page (NASDAQ:ENVX) was last updated on 5/18/2026 by MarketBeat.com Staff.

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Enovix (ENVX) Competitors