Enovix Corporation (ENVX)
NASDAQ: ENVX · Real-Time Price · USD
11.39
+0.27 (2.43%)
At close: Jul 3, 2025, 1:00 PM
11.33
-0.06 (-0.53%)
After-hours: Jul 3, 2025, 4:59 PM EDT
Enovix Stock Forecast
Stock Price Forecast
The 11 analysts that cover Enovix stock have a consensus rating of "Strong Buy" and an average price target of $18.27, which forecasts a 60.4% increase in the stock price over the next year. The lowest target is $7 and the highest is $36.
Price Target: $18.27 (+60.4%)
Analyst Consensus: Strong Buy
* Price targets were last updated on May 1, 2025.
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
| Rating | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 6 | 6 | 5 |
| 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 | 12 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $10 → $9 | Buy | Maintains | $10 → $9 | -20.98% | May 1, 2025 |
| TD Securities | TD Securities | Hold Maintains $10 → $7 | Hold | Maintains | $10 → $7 | -38.54% | May 1, 2025 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $17 → $12 | Strong Buy | Maintains | $17 → $12 | +5.36% | Apr 29, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $15 → $10 | Buy | Maintains | $15 → $10 | -12.20% | Apr 24, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $25 → $15 | Strong Buy | Maintains | $25 → $15 | +31.69% | Apr 15, 2025 |
Financial Forecast
Revenue This Year
35.81M
from 23.07M
Increased by 55.18%
Revenue Next Year
126.58M
from 35.81M
Increased by 253.52%
EPS This Year
-0.69
from -1.27
EPS Next Year
-0.59
from -0.69
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 45.7M | 174.6M | 934.1M | ||
| Avg | 35.8M | 126.6M | 508.3M | ||
| Low | 23.1M | 78.4M | 243.6M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 98.3% | 387.5% | 637.9% | ||
| Avg | 55.2% | 253.5% | 301.5% | ||
| Low | 0.2% | 119.0% | 92.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -0.65 | -0.43 | 0.83 | ||
| Avg | -0.69 | -0.59 | 0.45 | ||
| 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.