Enovix Corporation (ENVX)
NASDAQ: ENVX · Real-Time Price · USD
10.78
-0.22 (-2.00%)
At close: Aug 8, 2025, 4:00 PM
10.90
+0.12 (1.11%)
After-hours: Aug 8, 2025, 7:57 PM EDT
Enovix Stock Forecast
Stock Price Forecast
The 11 analysts that cover Enovix stock have a consensus rating of "Buy" and an average price target of $19.82, which forecasts a 83.86% increase in the stock price over the next year. The lowest target is $7.00 and the highest is $36.
Price Target: $19.82 (+83.86%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Enovix stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 6 | 5 | 5 |
| Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Hold | 2 | 2 | 2 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 12 | 12 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $20 → $22 | Strong Buy | Maintains | $20 → $22 | +104.08% | Aug 4, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $15 → $25 | Strong Buy | Maintains | $15 → $25 | +131.91% | Jul 25, 2025 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $9 → $12 | Buy → Hold | Downgrades | $9 → $12 | +11.32% | Jul 24, 2025 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $12 → $17 | Strong Buy | Maintains | $12 → $17 | +57.70% | Jul 10, 2025 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $12 → $15 | Strong Buy | Maintains | $12 → $15 | +39.15% | Jul 8, 2025 |
Financial Forecast
Revenue This Year
33.91M
from 23.07M
Increased by 46.94%
Revenue Next Year
111.70M
from 33.91M
Increased by 229.44%
EPS This Year
-0.67
from -1.27
EPS Next Year
-0.56
from -0.67
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 44.2M | 132.3M | 470.4M | ||
| Avg | 33.9M | 111.7M | 364.6M | ||
| Low | 23.1M | 78.4M | 260.4M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 91.6% | 290.2% | 321.1% | ||
| Avg | 46.9% | 229.4% | 226.4% | ||
| Low | 0.2% | 131.2% | 133.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -0.53 | -0.33 | 0.40 | ||
| Avg | -0.67 | -0.56 | 0.31 | ||
| Low | -0.74 | -0.90 | 0.24 |
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.