Enovix Corporation (ENVX)
NASDAQ: ENVX · Real-Time Price · USD
9.55
+0.22 (2.30%)
At close: Sep 27, 2024, 4:00 PM
9.50
-0.04 (-0.47%)
After-hours: Sep 27, 2024, 7:52 PM EDT
Enovix Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Enovix stock have an average target of 21.6, with a low estimate of 12 and a high estimate of 36. The average target predicts an increase of 126.30% from the current stock price of 9.55.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 26, 2024.
Analyst Ratings
The average analyst rating for Enovix stock from 10 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 2 | 2 | 2 | 2 | 4 | 4 |
| Hold | 1 | 1 | 1 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 7 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $36 | Buy | Maintains | $36 | +277.16% | Aug 26, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $23 → $19 | Buy | Reiterates | $23 → $19 | +99.06% | Aug 5, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $11 → $14 | Hold | Maintains | $11 → $14 | +46.67% | Aug 1, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $30 | Buy | Reiterates | $30 | +214.30% | Aug 1, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $15 → $20 | Strong Buy | Maintains | $15 → $20 | +109.53% | Aug 1, 2024 |
Financial Forecast
Revenue This Year
21.09M
from 7.64M
Increased by 175.94%
Revenue Next Year
54.54M
from 21.09M
Increased by 158.55%
EPS This Year
-0.87
from -1.38
EPS Next Year
-0.79
from -0.87
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.2M | 65.1M | 379.5M | ||
| Avg | 21.1M | 54.5M | 252.8M | ||
| Low | 18.6M | 34.8M | 133.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 215.9% | 208.6% | 595.8% | ||
| Avg | 175.9% | 158.6% | 363.5% | ||
| Low | 143.6% | 64.9% | 144.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.84 | -0.43 | -0.11 | ||
| Avg | -0.87 | -0.79 | -0.34 | ||
| Low | -0.95 | -0.99 | -0.65 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.