Go Pro

Enovix (ENVX) Competitors

Enovix logo
$4.72 +0.08 (+1.72%)
As of 09:54 AM Eastern
This is a fair market value price provided by Massive. Learn more.

ENVX vs. ATKR, PLUG, FLNC, PLPC, and SEDG

Should you buy Enovix stock or one of its competitors? Enovix's main competitors and comparable companies include Atkore (ATKR), Plug Power (PLUG), Fluence Energy (FLNC), Preformed Line Products (PLPC), and SolarEdge Technologies (SEDG). 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 Atkore?

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

Atkore has a beta of 1.68, meaning that its stock price is 68% more volatile than the broader market. Comparatively, Enovix has a beta of 2.32, meaning that its stock price is 132% more volatile than the broader market.

Atkore presently has a consensus target price of $143.33, indicating a potential upside of 52.60%. Enovix has a consensus target price of $12.50, indicating a potential upside of 164.83%. Given Enovix's stronger consensus rating and higher possible upside, analysts clearly believe Enovix is more favorable than Atkore.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Atkore
1 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.17
Enovix
2 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.40

50.9% of Enovix shares are held by institutional investors. 2.1% of Atkore shares are held by company insiders. Comparatively, 12.7% of Enovix shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Atkore has higher revenue and earnings than Enovix. Atkore 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
Atkore$2.85B1.11-$15.18M-$4.81N/A
Enovix$31.82M32.36-$156.74M-$0.83N/A

In the previous week, Atkore had 13 more articles in the media than Enovix. MarketBeat recorded 14 mentions for Atkore and 1 mentions for Enovix. Enovix's average media sentiment score of 0.86 beat Atkore's score of 0.62 indicating that Enovix is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Atkore
6 Very Positive mention(s)
3 Positive mention(s)
4 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)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Atkore has a net margin of -5.55% compared to Enovix's net margin of -499.64%. Atkore's return on equity of 10.27% beat Enovix's return on equity.

Company Net Margins Return on Equity Return on Assets
Atkore-5.55% 10.27% 4.90%
Enovix -499.64%-64.28%-21.19%

Summary

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

How does Enovix compare to Plug Power?

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

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
Enovix-499.64% -64.28% -21.19%
Plug Power -227.13%-49.30%-21.75%

Enovix has a beta of 2.32, suggesting that its share price is 132% more volatile than the broader market. Comparatively, Plug Power has a beta of 2.2, suggesting that its share price is 120% more volatile than the broader market.

50.9% of Enovix shares are held by institutional investors. Comparatively, 43.5% of Plug Power shares are held by institutional investors. 12.7% of Enovix shares are held by company insiders. Comparatively, 1.4% of Plug Power shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Enovix currently has a consensus target price of $12.50, suggesting a potential upside of 164.83%. Plug Power has a consensus target price of $3.31, suggesting a potential upside of 50.09%. Given Enovix's stronger consensus rating and higher probable upside, equities research analysts plainly believe Enovix is more favorable than Plug Power.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enovix
2 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.40
Plug Power
3 Sell rating(s)
7 Hold rating(s)
2 Buy rating(s)
2 Strong Buy rating(s)
2.21

Enovix has higher earnings, but lower revenue 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Enovix$31.82M32.36-$156.74M-$0.83N/A
Plug Power$739.76M4.15-$1.63B-$1.32N/A

In the previous week, Plug Power had 37 more articles in the media than Enovix. MarketBeat recorded 38 mentions for Plug Power and 1 mentions for Enovix. Enovix's average media sentiment score of 0.86 beat Plug Power's score of 0.32 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)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Plug Power
8 Very Positive mention(s)
12 Positive mention(s)
10 Neutral mention(s)
1 Negative mention(s)
3 Very Negative mention(s)
Neutral

Summary

Enovix beats Plug Power on 11 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 industrials companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, media sentiment, risk, valuation, institutional ownership, analyst recommendations and earnings.

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

In the previous week, Fluence Energy had 17 more articles in the media than Enovix. MarketBeat recorded 18 mentions for Fluence Energy and 1 mentions for Enovix. Enovix's average media sentiment score of 0.86 beat Fluence Energy's score of 0.41 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)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Fluence Energy
5 Very Positive mention(s)
6 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

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 insiders. Comparatively, 0.7% of Fluence Energy shares are held 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.

Fluence Energy has a net margin of -3.13% compared to Enovix's net margin of -499.64%. 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-499.64% -64.28% -21.19%
Fluence Energy -3.13%-16.79%-3.37%

Enovix presently has a consensus price target of $12.50, indicating a potential upside of 164.83%. Fluence Energy has a consensus price target of $18.79, indicating a potential upside of 43.19%. Given Enovix's stronger consensus rating and higher probable upside, 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)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.40
Fluence Energy
4 Sell rating(s)
11 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.22

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$31.82M32.36-$156.74M-$0.83N/A
Fluence Energy$2.26B1.07-$48.31M-$0.61N/A

Summary

Fluence Energy beats Enovix on 11 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 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, Preformed Line Products had 7 more articles in the media than Enovix. MarketBeat recorded 8 mentions for Preformed Line Products and 1 mentions for Enovix. Preformed Line Products' average media sentiment score of 1.06 beat Enovix's score of 0.86 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
4 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)
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$740.16M3.17$35.28M$8.8854.01
Enovix$31.82M32.36-$156.74M-$0.83N/A

Preformed Line Products presently has a consensus price target of $275.00, indicating a potential downside of 42.66%. Enovix has a consensus price target of $12.50, indicating a potential upside of 164.83%. 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)
0 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.50
Enovix
2 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.40

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 -499.64%. 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 -499.64%-64.28%-21.19%

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.

Summary

Preformed Line Products beats Enovix on 12 of the 17 factors compared between the two stocks.

How does Enovix compare to SolarEdge Technologies?

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

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$31.82M32.36-$156.74M-$0.83N/A
SolarEdge Technologies$1.18B1.70-$405.45M-$4.50N/A

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

Enovix presently has a consensus target price of $12.50, suggesting a potential upside of 164.83%. SolarEdge Technologies has a consensus target price of $36.20, suggesting a potential upside of 10.37%. Given Enovix's stronger consensus rating and higher possible upside, equities 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)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.40
SolarEdge Technologies
6 Sell rating(s)
11 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.72

In the previous week, SolarEdge Technologies had 44 more articles in the media than Enovix. MarketBeat recorded 45 mentions for SolarEdge Technologies and 1 mentions for Enovix. Enovix's average media sentiment score of 0.86 beat SolarEdge Technologies' score of 0.15 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)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
SolarEdge Technologies
12 Very Positive mention(s)
3 Positive mention(s)
6 Neutral mention(s)
18 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

SolarEdge Technologies has a net margin of -20.29% compared to Enovix's net margin of -499.64%. SolarEdge Technologies' return on equity of -29.17% beat Enovix's return on equity.

Company Net Margins Return on Equity Return on Assets
Enovix-499.64% -64.28% -21.19%
SolarEdge Technologies -20.29%-29.17%-5.62%

Summary

Enovix beats SolarEdge Technologies on 10 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$1.03B$10.99B$10.82B$12.98B
Dividend YieldN/A2.30%96.99%10.06%
P/E Ratio-5.6949.9828.2924.71
Price / Sales32.361,636.97348.3595.52
Price / CashN/A30.6124.7037.42
Price / Book3.725.644.906.42
Net Income-$156.74M$134.38M$607.14M$347.03M
7 Day Performance7.27%0.64%0.66%0.71%
1 Month Performance-9.23%-5.55%1.94%-0.87%
1 Year Performance-56.70%25.18%14.45%21.94%

Enovix Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ENVX
Enovix
2.4901 of 5 stars
$4.72
+1.7%
$12.50
+164.8%
-57.0%$1.03B$31.82MN/A340
ATKR
Atkore
4.3813 of 5 stars
$93.75
+0.0%
$143.33
+52.9%
+70.5%$3.16B$2.85B23.145,400
PLUG
Plug Power
3.0296 of 5 stars
$2.11
-3.2%
$3.31
+56.6%
+39.7%$3.04B$709.92MN/A2,582
FLNC
Fluence Energy
3.3018 of 5 stars
$12.65
-4.1%
$18.79
+48.5%
+37.6%$2.43B$2.26BN/A1,670
PLPC
Preformed Line Products
1.6299 of 5 stars
$462.63
-0.9%
$275.00
-40.6%
+190.7%$2.28B$669.34M52.103,734

Related Companies and Tools


This page (NASDAQ:ENVX) was last updated on 8/11/2026 by MarketBeat.com Staff.
From Our Partners