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NASDAQ:MOVE

Corvex (MOVE) Stock Price, News & Analysis

Corvex logo
$10.42 -0.50 (-4.58%)
As of 12:49 PM Eastern
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About Corvex Stock (NASDAQ:MOVE)

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Key Stats

Today's Range
$10.63
$11.35
50-Day Range
$8.59
$18.00
52-Week Range
$3.44
$26.72
Volume
88,831 shs
Average Volume
607,527 shs
Market Capitalization
$328.75 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.75
Consensus Rating
Hold

Company Overview

Corvex, Inc. is an artificial intelligence cloud computing company specializing in GPU-accelerated infrastructure for AI workloads. The company provides secure, scalable and cost-efficient computing resources designed to support AI training, inference and other high-performance computing applications. Its infrastructure combines GPU-accelerated compute clusters, high-throughput storage systems and a layered architecture intended to deliver consistent performance, efficiency and security at scale.

Corvex's offerings include AI Factories and GPU Clusters, which integrate high-performance AI accelerators, networking, power, cooling and systems software to support large-scale AI workloads. The company also develops confidential computing capabilities designed to protect sensitive AI models and proprietary data, including its Corvex Secure Model Weights technology. Corvex is also developing Token Factory, an inference offering intended to provide access to open-source AI models through API integration and automatically scaling infrastructure.

The company was formerly known as Movano Inc., a health technology company focused on wearable devices and related monitoring technologies. On March 19, 2026, Movano completed an all-stock merger with the private Corvex business, which became a wholly owned subsidiary. Following the transaction, Movano changed its name to Corvex, Inc. effective March 23, 2026, while continuing to trade on the Nasdaq Stock Market under the ticker symbol MOVE. The transaction shifted the company's primary business from healthcare technology to AI cloud computing.

Corvex subsequently wound down its legacy Movano healthcare operations. On June 30, 2026, the company transferred the assets of its legacy healthcare business, including intellectual property, inventory and equipment related to its wearable technology operations, to Evie Holdings, LLC in satisfaction of outstanding debt obligations. Corvex is now focused on expanding its AI infrastructure capacity, onboarding customers and developing additional computing and inference services as it scales its AI cloud platform.

Corvex Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
38th Percentile Overall Score

MOVE MarketRank™: 

Corvex scored higher than 38% of companies evaluated by MarketBeat, and ranked 454th out of 601 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Corvex has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, no hold ratings, and 1 sell rating.

  • Upside Potential

    Corvex has a consensus price target of $18.75, representing about 75.3% upside from its current price of $10.70.

  • Amount of Analyst Coverage

    Corvex has only been the subject of 2 research reports in the past 90 days.

  • Read more about Corvex's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Corvex is -0.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Corvex is -0.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Read more about Corvex's valuation and earnings.
  • Percentage of Shares Shorted

    0.91% of the float of Corvex has been sold short.
  • Short Interest Ratio / Days to Cover

    Corvex has a short interest ratio ("days to cover") of 0.28, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Corvex has recently increased by 61.86%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Corvex does not currently pay a dividend.

  • Dividend Growth

    Corvex does not have a long track record of dividend growth.

  • News Sentiment

    Corvex has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Corvex this week, compared to 10 articles on an average week.
  • Search Interest

    Only 4 people have searched for MOVE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Corvex insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    23.70% of the stock of Corvex is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    16.64% of the stock of Corvex is held by institutions.

  • Read more about Corvex's insider trading history.
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MOVE Stock News Headlines

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MOVE Stock Analysis - Frequently Asked Questions

Corvex's stock was trading at $8.31 at the beginning of the year. Since then, MOVE stock has increased by 28.7% and is now trading at $10.6950.

Corvex, Inc. (NASDAQ:MOVE) released its earnings results on Friday, August, 14th. The AI infrastructure company reported ($5.12) EPS for the quarter, missing the consensus estimate of ($3.17) by $1.95. The AI infrastructure company had revenue of $3.80 million for the quarter, compared to the consensus estimate of $6.71 million.
Read the conference call transcript
.

Shares of Corvex reverse split on Friday, October 10th 2025.The 1-10 reverse split was announced on Wednesday, October 8th 2025. The number of shares owned by shareholders was adjusted after the market closes on Thursday, October 9th 2025. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Corvex (MOVE) raised $42 million in an initial public offering on Tuesday, March 23rd 2021. The company issued 8,500,000 shares at $5.00 per share. National Securities Corp. acted as the underwriter for the IPO.

Shares of MOVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Corvex investors own include Fiverr International (FVRR), GameStop (GME), NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Intel (INTC) and Lam Research (LRCX).

Company Calendar

Last Earnings
8/14/2026
Today
9/17/2026
Next Earnings (Estimated)
11/13/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
IT Services
Sub-Industry
Internet Services & Infrastructure
Current Symbol
NASDAQ:MOVE
CIK
1734750
Fax
N/A
Employees
32
Year Founded
2018

Price Target and Rating

High Price Target
$18.75
Low Price Target
$18.75
Potential Upside/Downside
+78.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

EPS (Trailing Twelve Months)
($18.86)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$18.28 million
Net Margins
-624.33%
Pretax Margin
-623.04%
Return on Equity
N/A
Return on Assets
-9.12%

Debt

Debt-to-Equity Ratio
4.28
Current Ratio
1.80
Quick Ratio
1.80

Sales & Book Value

Annual Sales
$430 thousand
Price / Sales
770.41
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
($3.82) per share
Price / Book
-2.75

Miscellaneous

Outstanding Shares
31,550,000
Free Float
24,074,000
Market Cap
$331.28 million
Optionable
Not Optionable
Beta
0.90

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This page (NASDAQ:MOVE) was last updated on 9/17/2026 by MarketBeat.com Staff.
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