Enovix Corporation (ENVX)

NASDAQ: ENVX · Real-Time Price · USD
14.69
+0.26 (1.80%)
Jul 25, 2025, 4:00 PM - Market closed
1.80%
Market Cap3.27B
Revenue (ttm)22.90M
Net Income (ttm)-199.38M
Shares Out 222.81M
EPS (ttm)-1.10
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume7,515,352
Open14.49
Previous Close14.43
Day's Range14.01 - 14.78
52-Week Range4.61 - 16.49
Beta2.08
AnalystsBuy
Price Target19.64 (+33.7%)
Earnings DateJul 31, 2025

About ENVX

Enovix Corporation designs, develops, and manufactures lithium-ion battery cells in the United States and internationally. It serves wearables and IoT, smartphone, computing, electrical vehicles, and original equipment manufacturers. The company was founded in 2007 and is headquartered in Fremont, California. [Read more]

Founded 2006
Employees 570
Stock Exchange NASDAQ
Ticker Symbol ENVX
Full Company Profile

Financial Performance

In 2024, Enovix's revenue was $23.07 million, an increase of 201.86% compared to the previous year's $7.64 million. Losses were -$222.24 million, 3.82% more than in 2023.

Financial Statements

Analyst Summary

According to 11 analysts, the average rating for ENVX stock is "Buy." The 12-month stock price target is $19.64, which is an increase of 33.70% from the latest price.

Price Target
$19.64
(33.70% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Enovix Distributes Dividend of Warrants to Stockholders

FREMONT, Calif., July 21, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (“Company” or “Enovix”), a global high-performance battery company, today announced that it will distribute warrant...

4 days ago - GlobeNewsWire

Enovix to Release Q2 2025 Financial Results on July 31

FREMONT, Calif., July 16, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (“Company” or “Enovix”), a global high-performance battery company, today announced it will release financial resul...

9 days ago - GlobeNewsWire

Enovix Releases Supplemental FAQ to Support Warrant Dividend Distribution

Answers questions related to margin accounts, eligibility mechanics, and trading logistics Answers questions related to margin accounts, eligibility mechanics, and trading logistics

10 days ago - GlobeNewsWire

Enovix Appoints Srikanth Kethu as Head of Enovix India to Accelerate Global Innovation and Regional Expansion

Seasoned engineering executive brings 23 years of global experience; will lead Hyderabad operations, support Malaysia Fab2 ramp, and drive strategic growth across India Seasoned engineering executive ...

11 days ago - GlobeNewsWire

Enovix Declares Shareholder Warrant Dividend

Warrant dividend follows major operational milestone: Launch of AI-1™, a Revolutionary Silicon-Anode Smartphone Battery Platform Warrant dividend follows major operational milestone: Launch of AI-1™, ...

18 days ago - GlobeNewsWire

Enovix Launches AI-1™: A Revolutionary Silicon-Anode Smartphone Battery Platform

Ships First 7,350 mAh, >900 Wh/L AI-1 Batteries to Leading Smartphone OEM Ships First 7,350 mAh, >900 Wh/L AI-1 Batteries to Leading Smartphone OEM

18 days ago - GlobeNewsWire

Enovix Announces Preliminary Second Quarter 2025 Financial Results

FREMONT, Calif., July 07, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (“Company” or “Enovix”), a global high-performance battery company, today announced preliminary selected unaudited ...

18 days ago - GlobeNewsWire

Enovix Corporation Announces Share Repurchase Program

FREMONT, Calif., July 02, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced that its Board of Directors has authorized a...

23 days ago - GlobeNewsWire

Enovix: Sell On Persistent Commercialization Challenges

Advanced lithium-ion battery manufacturer Enovix reported Q1/2025 results slightly ahead of muted expectations. While the company continues to invest in its Malaysian manufacturing operations, cash bu...

3 months ago - Seeking Alpha

Enovix Corporation (ENVX) Q1 2025 Earnings Call Transcript

Enovix Corporation (NASDAQ:ENVX) Q1 2025 Earnings Conference Call April 30, 2025 5:00 PM ET Company Participants Robert Lahey - Head of Investor Relations Raj Talluri - President and Chief Executive ...

3 months ago - Seeking Alpha

Enovix Announces First Quarter 2025 Financial Results

FREMONT, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, announced today financial results for the first quarter 202...

3 months ago - GlobeNewsWire

Enovix Appoints Ryan Benton as Chief Financial Officer

FREMONT, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX), a global high-performance battery company, announced the appointment of Ryan Benton as Chief Financial Officer (C...

3 months ago - GlobeNewsWire

Enovix: The Tariff Dip Could Be A Generational Buying Opportunity

The latest tariffs imposed by the US are likely to have a minimal impact on Enovix, in my opinion. Enovix's pioneer status could help its pricing power, even with the tariffs. Enovix's acquisition of ...

3 months ago - Seeking Alpha

Enovix To Acquire Korean Battery Cell Facility to Bolster Manufacturing

Acquisition will support company's efforts to meet growing demand in the defense industry Acquisition will support company's efforts to meet growing demand in the defense industry

4 months ago - GlobeNewsWire

Enovix Reports Progress on 2025 Smartphone Launch

FREMONT, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced the completion of its second milestone, tri...

4 months ago - GlobeNewsWire

Enovix: 2025 Mass Production Sparks Optimism

I recommend a Buy rating on Enovix due to successful mass production progress and commercialization readiness, positioning it for significant revenue growth. Enovix's Fab2 facility in Malaysia has com...

5 months ago - Seeking Alpha

2025 Is Enovix's Inflection Point With First Commercial Production

2025 Is Enovix's Inflection Point With First Commercial Production

5 months ago - Seeking Alpha

Enovix: A Worthy Buy For Asymmetric Upside

Enovix Corporation's revenue scale up is progressing slower than expected due to guidance misses and lower-than-expected throughput in its first high-volume manufacturing line. But Enovix is progressi...

5 months ago - Seeking Alpha

Enovix Corporation (ENVX) Q4 2024 Earnings Call Transcript

Enovix Corporation (NASDAQ:ENVX) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Robert Lahey - Head of Investor Relations Raj Talluri - President and Chief Executi...

5 months ago - Seeking Alpha

Here's how Enovix's soft guidance derailed the battery maker's stock

Softer outlook for battery maker sends its stock down more than 12%.

5 months ago - Market Watch

Enovix Announces Fourth Quarter and Full Year 2024 Financial Results

FREMONT, Calif., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, announced today financial results for the fourth quarter and...

5 months ago - GlobeNewsWire

Enovix: Very Well Positioned In 2025, I'm Long

Enovix, a pre-revenue company, is developing high-performance batteries and aims to start mass production in Malaysia by late 2025. The key to Enovix's success is achieving 95% battery yields, which w...

5 months ago - Seeking Alpha

Enovix Set To Meet Q4 Expectations, Eyes Smartphone Battery Breakthrough: JP Morgan

JP Morgan analyst Bill Peterson reiterated an Overweight rating on the shares of Enovix Corp ENVX with a price forecast of $15.00.

6 months ago - Benzinga

Glancy Prongay & Murray LLP Announces Investigation of Enovix Corporation (ENVX)

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Enovix Corporation (Nasdaq: ENVX) concerning the Company and its directors' and officers' possible violati...

6 months ago - Business Wire

Enovix to Release Fourth Quarter and Full Year 2024 Financial Results on February 19, 2025

FREMONT, Calif., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it will release financial results for the fo...

6 months ago - GlobeNewsWire