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Enovix (ENVX) Competitors

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$2.46 0.00 (0.00%)
Closing price 10/9/2026 04:00 PM Eastern
Extended Trading
$2.59 +0.13 (+5.28%)
As of 07:59 AM Eastern
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ENVX vs. PLPC, SEDG, ALNT, FCEL, and AMSC

Should you buy Enovix stock or one of its competitors? Enovix's main competitors and comparable companies include Preformed Line Products (PLPC), SolarEdge Technologies (SEDG), Allient (ALNT), FuelCell Energy (FCEL), and American Superconductor (AMSC). 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 investment? We will compare the two businesses based on the strength of their risk, analyst recommendations, dividends, media sentiment, institutional ownership, earnings, valuation and profitability.

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$669.34M2.90$35.28M$8.8844.74
Enovix$31.82M16.97-$156.74M-$0.81N/A

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

In the previous week, Enovix had 6 more articles in the media than Preformed Line Products. MarketBeat recorded 7 mentions for Enovix and 1 mentions for Preformed Line Products. Preformed Line Products' average media sentiment score of 1.79 beat Enovix's score of 0.47 indicating that Preformed Line Products is being referred to more favorably in the media.

Company Overall Sentiment
Preformed Line Products Very Positive
Enovix Neutral

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%

Preformed Line Products currently has a consensus target price of $275.00, suggesting a potential downside of 30.77%. Enovix has a consensus target price of $11.77, suggesting a potential upside of 378.57%. 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)
0 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.50
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 0.9, indicating that its share price is 10% less volatile than the broader market. Comparatively, Enovix has a beta of 2.49, indicating that its share price is 149% more volatile than the broader market.

Summary

Preformed Line Products beats Enovix on 10 of the 16 factors compared between the two stocks.

How does Enovix compare to SolarEdge Technologies?

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

Enovix has higher earnings, but lower revenue 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
Enovix$31.82M16.97-$156.74M-$0.81N/A
SolarEdge Technologies$1.33B1.49-$405.45M-$4.50N/A

Enovix currently has a consensus price target of $11.77, indicating a potential upside of 378.57%. SolarEdge Technologies has a consensus price target of $39.13, indicating a potential upside of 21.49%. 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
Enovix
2 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.50
SolarEdge Technologies
5 Sell rating(s)
11 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
1.83

In the previous week, SolarEdge Technologies had 7 more articles in the media than Enovix. MarketBeat recorded 14 mentions for SolarEdge Technologies and 7 mentions for Enovix. Enovix's average media sentiment score of 0.47 beat SolarEdge Technologies' score of 0.24 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)
3 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Neutral
SolarEdge Technologies
2 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

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
Enovix-473.89% -64.50% -19.31%
SolarEdge Technologies -20.29%-29.17%-5.62%

Enovix has a beta of 2.49, meaning that its share price is 149% more volatile than the broader market. Comparatively, SolarEdge Technologies has a beta of 1.44, meaning that its share price is 44% more volatile than the broader market.

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 compare the two businesses based on the strength of their risk, valuation, profitability, earnings, media sentiment, dividends, analyst recommendations and institutional ownership.

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$554.48M3.37$22.03M$1.7064.65
Enovix$31.82M16.97-$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 presently has a consensus price target of $84.00, indicating a potential downside of 23.57%. Enovix has a consensus price target of $11.77, indicating a potential upside of 378.57%. Given Enovix's higher probable 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)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83
Enovix
2 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.50

Allient has a beta of 1.58, indicating that its stock price is 58% more volatile than the broader market. Comparatively, Enovix has a beta of 2.49, indicating that its stock price is 149% more volatile than the broader market.

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 0.47 beat Allient's score of 0.15 indicating that Enovix is being referred to more favorably in the news media.

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

61.6% of Allient shares are owned by institutional investors. Comparatively, 50.9% of Enovix shares are owned by institutional investors. 15.0% of Allient 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 will outperform the market over the long term.

Summary

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

How does Enovix compare to FuelCell Energy?

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

FuelCell Energy has a beta of 2.46, suggesting that its share price is 146% more volatile than the broader market. Comparatively, Enovix has a beta of 2.49, suggesting that its share price is 149% more volatile than the broader market.

In the previous week, FuelCell Energy had 55 more articles in the media than Enovix. MarketBeat recorded 62 mentions for FuelCell Energy and 7 mentions for Enovix. FuelCell Energy's average media sentiment score of 0.61 beat Enovix's score of 0.47 indicating that FuelCell Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
FuelCell Energy
27 Very Positive mention(s)
9 Positive mention(s)
21 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Enovix
1 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Neutral

FuelCell Energy presently has a consensus price target of $21.80, suggesting a potential upside of 20.91%. Enovix has a consensus price target of $11.77, suggesting a potential upside of 378.57%. Given Enovix's stronger consensus rating and higher probable upside, analysts plainly believe Enovix is more favorable than FuelCell Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
FuelCell Energy
2 Sell rating(s)
5 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.31
Enovix
2 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.50

Enovix has lower revenue, but higher earnings than FuelCell Energy. FuelCell 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
FuelCell Energy$158.16M9.11-$187.90M-$3.43N/A
Enovix$31.82M16.97-$156.74M-$0.81N/A

FuelCell Energy has a net margin of -113.60% compared to Enovix's net margin of -473.89%. FuelCell Energy's return on equity of -16.85% beat Enovix's return on equity.

Company Net Margins Return on Equity Return on Assets
FuelCell Energy-113.60% -16.85% -12.31%
Enovix -473.89%-64.50%-19.31%

42.8% of FuelCell Energy shares are held by institutional investors. Comparatively, 50.9% of Enovix shares are held by institutional investors. 5.5% of FuelCell Energy shares are held by insiders. Comparatively, 12.7% of Enovix shares are held by 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 beats FuelCell Energy on 10 of the 16 factors compared between the two stocks.

How does Enovix compare to American Superconductor?

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

Enovix has a beta of 2.49, indicating that its share price is 149% more volatile than the broader market. Comparatively, American Superconductor has a beta of 3.32, indicating that its share price is 232% more volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Enovix$31.82M16.97-$156.74M-$0.81N/A
American Superconductor$299.15M4.94$133.81M$3.0310.07

American Superconductor has a net margin of 42.56% compared to Enovix's net margin of -473.89%. American Superconductor's return on equity of 27.41% beat Enovix's return on equity.

Company Net Margins Return on Equity Return on Assets
Enovix-473.89% -64.50% -19.31%
American Superconductor 42.56%27.41%20.63%

Enovix presently has a consensus target price of $11.77, indicating a potential upside of 378.57%. American Superconductor has a consensus target price of $55.00, indicating a potential upside of 80.21%. Given Enovix's higher possible upside, equities research analysts plainly believe Enovix is more favorable than American Superconductor.

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
American Superconductor
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.80

50.9% of Enovix shares are owned by institutional investors. Comparatively, 52.3% of American Superconductor shares are owned by institutional investors. 12.7% of Enovix shares are owned by insiders. Comparatively, 3.6% of American Superconductor shares are owned by 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, Enovix had 5 more articles in the media than American Superconductor. MarketBeat recorded 7 mentions for Enovix and 2 mentions for American Superconductor. American Superconductor's average media sentiment score of 0.98 beat Enovix's score of 0.47 indicating that American Superconductor 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)
3 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Neutral
American Superconductor
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

American Superconductor beats Enovix on 11 of the 16 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$539.85M$10.74B$10.15B$13.28B
Dividend YieldN/A2.34%96.65%22.58%
P/E Ratio-3.0449.0726.7626.13
Price / Sales16.971,537.36272.2173.78
Price / CashN/A33.5523.9236.12
Price / Book1.946.834.776.16
Net Income-$156.74M$141.73M$614.62M$381.12M
7 Day Performance-7.87%-3.94%-0.89%-1.46%
1 Month Performance-20.65%-6.84%-2.53%-3.37%
1 Year Performance-79.62%-5.32%3.72%1.49%

Enovix Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ENVX
Enovix
2.5271 of 5 stars
$2.46
flat
$11.77
+378.6%
-79.6%$539.85M$31.82MN/A664
PLPC
Preformed Line Products
2.4065 of 5 stars
$416.10
-0.8%
$275.00
-33.9%
+94.3%$2.05B$669.34M46.863,734
SEDG
SolarEdge Technologies
2.5195 of 5 stars
$34.38
+3.9%
$39.20
+14.0%
-8.1%$2.04B$1.18BN/A3,576
ALNT
Allient
2.9823 of 5 stars
$118.63
+0.3%
$84.00
-29.2%
+139.4%$2.01B$554.48M48.482,478
FCEL
FuelCell Energy
3.2518 of 5 stars
$18.07
-2.2%
$21.80
+20.6%
+94.7%$1.48B$158.16MN/A629

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This page (NASDAQ:ENVX) was last updated on 10/12/2026 by MarketBeat.com Staff.
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