Enovix Stock Forecast

Stock Price Forecast

According to 12 analysts polled by S&P Global, Enovix stock has a consensus rating of "Buy" and an average price target of $10.86. The average 1-year stock price forecast is 223.21% higher than the current stock price, while the lowest is $5.00 (+48.81%) and the highest is $21 (+525.00%).

Price Target: $10.86 (+223.21%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$5.00	$10.86	$10	$21
Change	+48.81%	+223.21%	+197.62%	+525.00%

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

Chart

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	9	9	9	9	9	8
Buy	0	0	0	0	0	0
Hold	3	3	2	2	2	3
Sell	0	0	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	12	12	12	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
George Gianarikas Canaccord Genuity	Canaccord Genuity	Buy Maintains $10	Buy	Maintains	$10	+197.62%	Aug 25, 2026
Ruplu Bhattacharya Bank of America Securities	Bank of America Securities	Hold Reiterates $8 → $5	Hold	Reiterates	$8 → $5	+48.81%	Aug 18, 2026
Ananda Baruah Loop Capital Markets	Loop Capital Markets	Buy Maintains $100 → $15	Buy	Maintains	$100 → $15	+346.43%	Aug 17, 2026
Jed Dorsheimer William Blair	William Blair	Hold Downgrades n/a	Hold	Downgrades	n/a	n/a	Aug 17, 2026
Jeff Osborne TD Cowen	TD Cowen	Hold Maintains $5.5	Hold	Maintains	$5.5	+63.69%	Aug 13, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

38.68M

from 31.82M

21.56%

from 31.82M

Revenue Next Year

77.38M

from 38.68M

100.06%

from 38.68M

EPS This Year

-0.57

from -0.54

EPS Next Year

-0.63

from -0.57

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jan 2, 2022	Jan 1, 2023	Dec 31, 2023	Dec 29, 2024	Dec 28, 2025	Dec 31, 2026
Revenue	-	6.20M	7.64M	23.07M	31.82M	38.68M
Revenue Growth	-	-	23.25%	201.86%	37.91%	21.56%
Gross Profit	-1.97M	-17.04M	-50.12M	-145.00K	6.11M	7.40M
Gross Margin	-	-274.70%	-655.64%	-0.63%	19.19%	19.13%
Operating Income	-69.52M	-127.06M	-203.02M	-180.56M	-176.55M	-168.25M
Net Income	-125.87M	-51.62M	-214.07M	-222.24M	-156.74M	-175.96M
EPS	-	-	-	-	-0.54	-0.57
Free Cash Flow	-74.09M	-68.86M	-84.00M	-124.51M	-58.63M	-129.94M
No. Analysts	-	-	-	-	-	12

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	41.1M
Avg	38.7M
Low	35.4M

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	29.2%
Avg	21.6%
Low	11.2%

EPS Forecast

Chart

EPS	2026	2027	2028
High	-0.53
Avg	-0.57
Low	-0.60

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-