Enovix Corporation (ENVX)
NASDAQ: ENVX · Real-Time Price · USD
9.62
-0.31 (-3.12%)
At close: Aug 29, 2025, 4:00 PM
9.59
-0.03 (-0.31%)
After-hours: Aug 29, 2025, 7:59 PM EDT

Enovix Stock Forecast

Stock Price Forecast

The 10 analysts that cover Enovix stock have a consensus rating of "Strong Buy" and an average price target of $19.9, which forecasts a 106.86% increase in the stock price over the next year. The lowest target is $7.00 and the highest is $36.

Price Target: $19.9 (+106.86%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$7.00$19.9$22$36
Change-27.23%+106.86%+128.69%+274.22%

Analyst Ratings

The average analyst rating for Enovix stock 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

RatingMar '25Apr '25May '25Jun '25Jul '25Aug '25
Strong Buy566655
Buy444432
Hold222233
Sell000000
Strong Sell000000
Total111212121110

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$20$22
Strong BuyMaintains$20$22+128.69%Aug 4, 2025
Benchmark
Benchmark
Strong Buy
Maintains
$15$25
Strong BuyMaintains$15$25+159.88%Jul 25, 2025
JP Morgan
JP Morgan
Hold
Downgrades
$9$12
HoldDowngrades$9$12+24.74%Jul 24, 2025
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$12$17
Strong BuyMaintains$12$17+76.72%Jul 10, 2025
Craig-Hallum
Craig-Hallum
Strong Buy
Maintains
$12$15
Strong BuyMaintains$12$15+55.93%Jul 8, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
34.03M
from 23.07M
Increased by 47.50%
Revenue Next Year
103.97M
from 34.03M
Increased by 205.50%
EPS This Year
-0.61
from -1.27
EPS Next Year
-0.55
from -0.61
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Jan 2, 2022Jan 1, 2023Dec 31, 2023Dec 29, 2024Dec 31, 2025Dec 31, 2026
Revenue
--6.20M7.64M23.07M34.03M103.97M
Revenue Growth
---23.25%201.86%47.50%205.50%
EPS
-0.49-1.07-0.82-1.38-1.27-0.61-0.55
EPS Growth
-------
Forward PE
-------
No. Analysts
-----1313
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High46.3M131.3M
Avg34.0M104.0M
Low28.5M73.5M

Revenue Growth

Revenue Growth20252026202720282029
High
100.7%
285.7%
Avg
47.5%
205.5%
Low
23.5%
116.0%

EPS Forecast

EPS20252026202720282029
High-0.49-0.35
Avg-0.61-0.55
Low-0.75-0.79

EPS Growth

EPS Growth20252026202720282029
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.