Enovix Corporation (ENVX)
| Market Cap | 1.89B |
| Revenue (ttm) | 1.16M |
| Net Income (ttm) | -231.10M |
| Shares Out | 160.13M |
| EPS (ttm) | -1.68 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 36,418 |
| Open | 12.36 |
| Previous Close | 12.31 |
| Day's Range | 11.79 - 12.50 |
| 52-Week Range | 6.50 - 23.90 |
| Beta | 1.38 |
| Analysts | Strong Buy |
| Price Target | 24.00 (+102.87%) |
| Earnings Date | Oct 31, 2023 |
About ENVX
Enovix Corporation designs, develops, and manufactures lithium-ion batteries. The company was founded in 2007 and is headquartered in Fremont, California. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for ENVX stock is "Strong Buy." The 12-month stock price forecast is $24.0, which is an increase of 102.87% from the latest price.
News
Enovix to buy South Korean battery maker in cash and stock deal
Shares of Enovix Corp. ENVX rose more than 1% in the extended session Wednesday after the battery maker said it has agreed to buy privately held Korean battery maker Routejade in a cash and stock deal...
Enovix to Acquire Routejade
FREMONT, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced the acquisition of privately-held Routejade, an e...
Enovix Launches Podcast Detailing Its Journey to Scale After Commencing Factory Acceptance Testing of Gen2 Equipment in August
FREMONT, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced it is launching the company's first podcast, “Jou...
Short squeeze alert for August 24th: Two stocks poised for lift off
Trading heavily shorted stocks can be a profitable strategy. That's because to short a stock, a trader has to borrow it first and then sell it on the market, hoping to profit as the stock price goes d...
Enovix to Participate in Upcoming Investor Conferences
FREMONT, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced its participation in the following investor confer...
Signing Ceremony with Next-Generation Battery Manufacturer, Enovix, and YBS International Berhad to Commemorate New Manufacturing Facility in Penang Science Park
Officials from Ministry of MITI and Chief Minister of Penang to Attend Officials from Ministry of MITI and Chief Minister of Penang to Attend
Enovix Announces Second Quarter 2023 Financial Results
FREMONT, Calif., July 26, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, announced today financial results for the second quarter of 2023, ...
Enovix Signs Manufacturing Agreement with YBS International Berhad for Fab2 in Malaysia
FREMONT, Calif., July 26, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, announced today it has entered into a Master Service Agreement (“M...
Enovix Establishes Research and Design Center in India
Enovix India team will use advanced battery modeling and cutting-edge machine learning to accelerate the company's product development roadmap Enovix India team will use advanced battery modeling and ...
Enovix Announces General Availability of Its Standard IoT and Wearable Cell
FREMONT, Calif., July 18, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced the general availability of its standard-sized IoT...
Enovix to Release Second Quarter 2023 Financial Results on July 26, 2023
FREMONT, Calif., July 12, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced it will release financial results for the second q...
Order From U.S. Army Fuels Surge In Enovix Stock
Shares of the lithium-ion manufacturer, Enovix NASDAQ: ENVX, have added to its impressive run, with stock up 40% in the last month. Just under a month ago, when I first covered Enovix, shares were up ...
Battery maker Enovix names former Micron executive its new CFO
Enovix Corp. ENVX, +4.25% said late Thursday it has named Farhan Ahmad its chief financial officer, replacing Steffen Pietzke, who is stepping down on July 9. Pietzke will stay on as a consultant for ...
Enovix Announces Farhan Ahmad as Chief Financial Officer
FREMONT, Calif., June 29, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced the appointment of Farhan Ahmad as Chief Financial...
Enovix Receives Purchase Order to Produce Battery Cells for U.S. Army
Batteries Include the Company's Unparalleled Safety System—BrakeFlow™ Batteries Include the Company's Unparalleled Safety System—BrakeFlow™
Enovix Announces Appointment of Joseph Malchow and Bernard Gutmann to Its Board of Directors
FREMONT, Calif., June 26, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced the appointment of Joseph Malchow, founding partne...
Battery maker Enovix's stock jumps after Q2 production data
Shares of Enovix Corp. ENVX rallied nearly 6% in the aftermarket Thursday after the battery maker said it had arrived at a quarterly production milestone ahead of schedule. The Fremont, Calif.
Enovix Achieves Quarterly Milestone Early, Producing 18,000 Cells
FREMONT, Calif., June 15, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, announced today it has already achieved its second quarter forecas...
Enovix: A Rising Power in the Lithium-Ion Industry
Shares of the lithium-ion manufacturer, Enovix NASDAQ: ENVX have been on an impressive run recently, with the stock up close to 30% over the previous three months and up 13.5% YTD. Since making fresh ...
3 High-Short-Interest Stocks Spark Potential Opportunities
With the recent surge in speculation and the notable relative strength of the iShares Russell 200 ETF NYSE: IWM, there has been a growing interest in high short-interest stocks. Simply put, there is a...
Enovix Expands Asia Presence with Additional Go-to-Market Partners in Japan and South Korea
FREMONT, Calif., June 06, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced agreements with Japanese distribution and manufact...
Enovix Co-Founder to Speak at 13th International Advanced Automotive Battery Conference in Mainz, Germany
FREMONT, Calif., June 01, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced its Co-Founder and Technical Advisor, Ashok Lahiri...
Enovix Announces First Quarter 2023 Financial Results
FREMONT, Calif., April 26, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today posted to its website at https://ir.enovix.com a quarterly ...
Enovix Announces Pricing of $150.0 Million Offering of 3.00% Convertible Senior Notes Due 2028
FREMONT, Calif., April 18, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (NASDAQ: ENVX), an advanced silicon battery company, today announced the pricing of $150.0 million aggregate principal...
Enovix Announces Proposed $150 Million Offering of Convertible Senior Notes Due 2028
FREMONT, Calif., April 17, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (NASDAQ: ENVX), an advanced silicon battery company, today announced its intent to offer $150 million aggregate princi...