Enovix Corporation (ENVX)
NASDAQ: ENVX · Real-Time Price · USD
6.16
+0.02 (0.33%)
At close: Apr 22, 2025, 4:00 PM
6.45
+0.29 (4.71%)
Pre-market: Apr 23, 2025, 6:15 AM EDT
Enovix Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Enovix stock have an average target of 20.17, with a low estimate of 10 and a high estimate of 36. The average target predicts an increase of 227.44% from the current stock price of 6.16.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Enovix stock from 12 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 6 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $25 → $15 | Strong Buy | Maintains | $25 → $15 | +143.51% | Apr 15, 2025 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $20 → $18 | Strong Buy | Maintains | $20 → $18 | +192.21% | Feb 20, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $30 | Buy | Reiterates | $30 | +387.01% | Feb 20, 2025 |
| Janney Montgomery Scott | Janney Montgomery Scott | Strong Buy → Hold Downgrades $10 | Strong Buy → Hold | Downgrades | $10 | +62.34% | Oct 31, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $30 | Buy | Reiterates | $30 | +387.01% | Oct 30, 2024 |
Financial Forecast
Revenue This Year
35.37M
from 23.07M
Increased by 53.27%
Revenue Next Year
146.19M
from 35.37M
Increased by 313.37%
EPS This Year
-0.72
from -1.27
EPS Next Year
-0.59
from -0.72
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 42.3M | 222.6M | 930.6M | ||
| Avg | 35.4M | 146.2M | 556.1M | ||
| Low | 31.4M | 110.5M | 243.6M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 83.4% | 529.4% | 536.5% | ||
| Avg | 53.3% | 313.4% | 280.4% | ||
| Low | 35.9% | 212.3% | 66.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -0.58 | -0.37 | 1.16 | ||
| Avg | -0.72 | -0.59 | 0.70 | ||
| Low | -0.82 | -0.93 | 0.25 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.