Enovix Corporation (ENVX)

Market Cap	1.70B
Revenue (ttm)	20.74M
Net Income (ttm)	-244.75M
Shares Out	188.39M
EPS (ttm)	-1.45
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,987,665
Open	8.83
Previous Close	8.93
Day's Range	8.77 - 9.25
52-Week Range	5.70 - 18.68
Beta	1.98
Analysts	Strong Buy
Price Target	20.82 (+131.08%)
Earnings Date	Oct 29, 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: 561
• Stock Exchange: NASDAQ
• Ticker Symbol: ENVX
• Website: https://www.enovix.com

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 11 analysts, the average rating for ENVX stock is "Strong Buy." The 12-month stock price forecast is $20.82, which is an increase of 131.08% from the latest price.

Price Target

$20.82

(131.08% upside)

Analyst Consensus: Strong Buy