Enovix Corporation (ENVX)

Market Cap	1.59B
Revenue (ttm)	12.90M
Net Income (ttm)	-186.84M
Shares Out	170.00M
EPS (ttm)	-1.36
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	5,538,764
Open	9.96
Previous Close	9.78
Day's Range	9.07 - 9.99
52-Week Range	5.70 - 23.90
Beta	1.70
Analysts	Strong Buy
Price Target	19.38 (+107.5%)
Earnings Date	May 1, 2024

About ENVX

Enovix Corporation designs, develops, and manufactures lithium-ion batteries. It serves wearables and IoT, smartphone, laptops and tablets, industrial and medical, and electric vehicles industries. The company was founded in 2007 and is headquartered in Fremont, California.

• Industry: Electrical Equipment & Parts
• Sector: Industrials
• Founded: 2006
• Employees: 560
• Stock Exchange: NASDAQ
• Ticker Symbol: ENVX

Financial Performance

In 2023, Enovix's revenue was $7.64 million, an increase of 23.25% compared to the previous year's $6.20 million. Losses were -$214.07 million, 314.7% more than in 2022.

Analyst Forecast

According to 8 analysts, the average rating for ENVX stock is "Strong Buy." The 12-month stock price forecast is $19.38, which is an increase of 107.50% from the latest price.

Price Target

$19.38

(107.50% upside)

Analyst Consensus: Strong Buy