Enovix Corporation (ENVX)
| Market Cap | 1.51B -2.8% |
| Revenue (ttm) | 34.32M +49.9% |
| Net Income | -171.49M |
| EPS | -0.81 |
| Shares Out | 212.72M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,173,192 |
| Open | 7.09 |
| Previous Close | 6.66 |
| Day's Range | 7.05 - 7.40 |
| 52-Week Range | 4.62 - 16.49 |
| Beta | 2.21 |
| Analysts | Buy |
| Price Target | 13.10 (+85.03%) |
| Earnings Date | Jul 30, 2026 |
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 2006 and is headquartered in Fremont, California.
Financial Performance
In 2025, Enovix's revenue was $31.82 million, an increase of 37.91% compared to the previous year's $23.07 million. Losses were -$156.74 million, -29.47% less than in 2024.
Financial StatementsAnalyst Summary
According to 12 analysts, the average rating for ENVX stock is "Buy." The 12-month stock price target is $13.1, which is an increase of 85.03% from the latest price.
News
Enovix Transcript: AGM 2026
The meeting, held virtually, covered director re-elections, executive compensation, and auditor ratification. All proposals passed, with final results to be filed on Form 8-K. A quorum was established and the meeting was recorded for later access.
Enovix Proxy statement: Proxy filing
Enovix filed a proxy statement on June 10, 2026, providing details for shareholder voting and corporate governance matters.
Enovix Proxy statement: Proxy filing
Enovix filed a proxy statement on June 9, 2026, providing details for shareholder voting and corporate governance matters.
Enovix Proxy statement: Proxy filing
Enovix filed a proxy statement on June 4, 2026, providing details for shareholder voting and corporate governance matters.
Enovix Proxy statement: Proxy filing
Enovix filed a proxy statement on June 3, 2026, providing details for shareholder voting and corporate governance matters.
Enovix Proxy statement: Proxy filing
Enovix filed a proxy statement on May 28, 2026, providing details for shareholder voting and corporate governance matters.
Enovix Announces May and June Investor Events
FREMONT, Calif., May 18, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (“Enovix”), a leader in advanced lithium-ion battery technology, today announced its participation in the following ...
Enovix price target raised to $8 from $7 at BofA
BofA analyst Ruplu Bhattacharya raised the firm’s price target on Enovix (ENVX) to $8 from $7 and keeps a Neutral rating on the shares after the company reported a fiscal…
Enovix price target lowered to $15 from $25 at Benchmark
Benchmark lowered the firm’s price target on Enovix (ENVX) to $15 from $25 and keeps a Buy rating on the shares.
Enovix price target lowered to $7 from $7.50 at TD Cowen
TD Cowen analyst Jeff Osborne lowered the firm’s price target on Enovix (ENVX) to $7 from $7.50 and keeps a Buy rating on the shares. The firm said they delivered…
Enovix drops after saying qualification taking longer than expected
Shares of Enovix (ENVX) are moving lower after the company said last night in its earnings release, “We are discussing a replacement qualification framework expected to be consistent with the…
Enovix price target lowered to $21 from $24 at Oppenheimer
Oppenheimer analyst Colin Rusch lowered the firm’s price target on Enovix (ENVX) to $21 from $24 and keeps an Outperform rating on the shares. The firm notes the company delivered…
Enovix price target lowered to $8 from $10 at Craig-Hallum
Craig-Hallum lowered the firm’s price target on Enovix (ENVX) to $8 from $10 and keeps a Buy rating on the shares. The firm continues to believe Enovix has the technology…
Enovix reports Q1 EPS (14c), consensus (16c)
Reports Q1 revenue $7.6M, consensus $6.95M. Q1 revenue increased 49% year-over-year, primarily reflecting continued strength in defense and industrial shipments. “Smartphones remain our priority as we...
Enovix sees Q2 EPS (13c)-(17c), consensus (15c)
Sees Q2 revenue $8M-$9M, consensus $8.57M.
Enovix Earnings Call Transcript: Q1 2026
Q1 2026 saw strong revenue growth, improved manufacturing yields, and key customer alignments for silicon anode batteries. Smart eyewear and drone markets are ramping, with smartphone field testing and broader commercialization targeted for 2027.
Enovix Slides: Q1 2026
Enovix has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 13, 2026.
Enovix Earnings release: Q1 2026
Enovix released its Q1 2026 earnings on May 13, 2026, summarizing the period's financial results.
Enovix Quarterly report: Q1 2026
Enovix has published its Q1 2026 quarterly earnings report on May 13, 2026.
Enovix Reports First Quarter 2026 Results
Enovix Begins Commercial Production of Silicon-Anode Smart Eyewear Battery Enovix Advances Toward Smartphone Qualification Completion FREMONT, Calif., May 13, 2026 (GLOBE NEWSWIRE) -- Enovix Corporat...
The investor who backed Nvidia in 2016 and a memory-chip maker in 2024 now has a third conviction call
Josh Wolfe, a venture-capital investor who uses the ideas from his portfolio companies to invest in the stock market, says he has identified a third strong conviction call that will lift hardware stoc...
Enovix downgraded to Underweight from Neutral at JPMorgan
JPMorgan downgraded Enovix (ENVX) to Underweight from Neutral without a price target ahead of the Q1 report on May 13. The firm believes competing in the smartphone battery space is…
Enovix names Steve Bakos as SVP of Worldwide Sales
Enovix (ENVX) on Tuesday announced the appointment of Steve Bakos as Senior Vice President of Worldwide Sales. He reports to Samira Naraghi, Chief Business Officer in a newly created role.
Enovix price target raised to $7 from $6 at BofA
BofA raised the firm’s price target on Enovix (ENVX) to $7 from $6 and keeps a Neutral rating on the shares. Enovix filed an 8-K yesterday stating that it had…
Enovix Corporation Appoints Steve Bakos as Senior Vice President of Worldwide Sales to Support Commercial Scale-up and Revenue Growth
New silicon-specific testing framework aligned with lead smartphone customer New silicon-specific testing framework aligned with lead smartphone customer