Enovix Corporation (ENVX)
NASDAQ: ENVX · Real-Time Price · USD
3.150
-0.360 (-10.26%)
At close: Oct 30, 2026, 4:00 PM EDT
3.227
+0.077 (2.44%)
After-hours: Oct 30, 2026, 7:59 PM EDT

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 $9.75. The average 1-year stock price forecast is 209.52% higher than the current stock price, while the lowest is $5.00 (+58.73%) and the highest is $21 (+566.67%).

Price Target: $9.75 (+209.52%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$5.00$9.75$9.50$21
Change+58.73%+209.52%+201.59%+566.67%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Oct '26
Strong Buy999988
Buy000000
Hold322233
Sell011111
Strong Sell000000
Total121212121212

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Northland Securities
Northland Securities
Buy
Maintains
$16 → $5
BuyMaintains$16 → $5+58.73%Oct 13, 2026
Canaccord Genuity
Canaccord Genuity
Buy
Maintains
$10
BuyMaintains$10+217.46%Oct 13, 2026
TD Cowen
TD Cowen
Hold
Maintains
n/a
HoldMaintainsn/an/aOct 3, 2026
Bank of America Securities
Bank of America Securities
Hold
Reiterates
$8 → $5
HoldReiterates$8 → $5+58.73%Aug 18, 2026
Loop Capital Markets
Loop Capital Markets
Buy
Maintains
$100 → $15
BuyMaintains$100 → $15+376.19%Aug 17, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
39.24M
from 31.82M
Increased by 23.31%
Revenue Next Year
75.75M
from 39.24M
Increased by 93.03%
EPS This Year
-0.56
from -0.54
EPS Next Year
-0.63
from -0.56
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJan 2, 2022Jan 1, 2023Dec 31, 2023Dec 29, 2024Dec 28, 2025Dec 31, 2026
Revenue
-6.20M7.64M23.07M31.82M39.24M
Revenue Growth
--23.25%201.86%37.91%23.31%
Gross Profit
-1.97M-17.04M-50.12M-145.00K6.11M7.05M
Gross Margin
--274.70%-655.64%-0.63%19.19%17.98%
Operating Income
-69.52M-127.06M-203.02M-180.56M-176.55M-172.68M
Net Income
-125.87M-51.62M-214.07M-222.24M-156.74M-170.97M
EPS
-----0.54-0.56
Free Cash Flow
-----113.51M-129.45M
No. Analysts
-----11
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High42.6M
Avg39.2M
Low36.1M

Revenue Growth

Revenue Growth202620272028
High
33.9%
Avg
23.3%
Low
13.5%

EPS Forecast

EPS202620272028
High-0.53
Avg-0.56
Low-0.60

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-