Enovix Corporation (ENVX)
Market Cap | 3.27B |
Revenue (ttm) | 22.90M |
Net Income (ttm) | -199.38M |
Shares Out | 222.81M |
EPS (ttm) | -1.10 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 7,515,352 |
Open | 14.49 |
Previous Close | 14.43 |
Day's Range | 14.01 - 14.78 |
52-Week Range | 4.61 - 16.49 |
Beta | 2.08 |
Analysts | Buy |
Price Target | 19.64 (+33.7%) |
Earnings Date | Jul 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]
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 StatementsAnalyst 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.
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...

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...

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

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 ...

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™, ...

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

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 ...

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...

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...

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 ...

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...

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...

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 ...

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

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...

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...

2025 Is Enovix's Inflection Point With First Commercial Production
2025 Is Enovix's Inflection Point With First Commercial Production

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...

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...

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%.

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...

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...

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.

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...

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...