Enovix Corporation (ENVX)

Market Cap	1.17B
Revenue (ttm)	22.90M
Net Income (ttm)	-199.38M
Shares Out	192.00M
EPS (ttm)	-1.10
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	4,353,615
Open	6.29
Previous Close	6.35
Day's Range	6.05 - 6.29
52-Week Range	5.27 - 18.68
Beta	1.99
Analysts	Strong Buy
Price Target	18.75 (+207.88%)
Earnings Date	Apr 30, 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.

• Industry: Electrical Equipment & Parts
• Sector: Industrials
• Founded: 2006
• Employees: 570
• Stock Exchange: NASDAQ
• Ticker Symbol: ENVX
• Website: https://www.enovix.com

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.

Analyst Forecast

According to 12 analysts, the average rating for ENVX stock is "Strong Buy." The 12-month stock price forecast is $18.75, which is an increase of 207.88% from the latest price.

Price Target

$18.75

(207.88% upside)

Analyst Consensus: Strong Buy