Enovix Corporation (ENVX)

Market Cap	1.67B
Revenue (ttm)	23.07M
Net Income (ttm)	-222.24M
Shares Out	191.27M
EPS (ttm)	-1.27
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,228,173
Open	8.83
Previous Close	8.84
Day's Range	8.65 - 8.97
52-Week Range	5.70 - 18.68
Beta	1.93
Analysts	Strong Buy
Price Target	20.64 (+136.02%)
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 11 analysts, the average rating for ENVX stock is "Strong Buy." The 12-month stock price forecast is $20.64, which is an increase of 136.02% from the latest price.

Price Target

$20.64

(136.02% upside)

Analyst Consensus: Strong Buy