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 $13.1. The average 1-year stock price forecast is 99.70% higher than the current stock price, while the lowest is $6.00 (-8.54%) and the highest is $25 (+281.10%).

Price Target: $13.1 (+99.70%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$6.00	$13.1	$12.5	$25
Change	-8.54%	+99.70%	+90.55%	+281.10%

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	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	9	9	9	9	9	9
Buy	0	0	0	0	0	0
Hold	2	2	3	3	2	2
Sell	0	0	0	0	1	1
Strong Sell	0	0	0	0	0	0
Total	11	11	12	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gus Richard Northland Securities	Northland Securities	Buy Reiterates $16	Buy	Reiterates	$16	+143.90%	Jun 1, 2026
Jeff Osborne TD Cowen	TD Cowen	Hold Reiterates $7	Hold	Reiterates	$7	+6.71%	May 29, 2026
George Gianarikas Canaccord Genuity	Canaccord Genuity	Buy Maintains $15	Buy	Maintains	$15	+128.66%	May 15, 2026
Ruplu Bhattacharya Bank of America Securities	Bank of America Securities	Hold Reiterates $7 → $8	Hold	Reiterates	$7 → $8	+21.95%	May 14, 2026
Mickey Legg Benchmark Co.	Benchmark Co.	Buy Maintains $25 → $15	Buy	Maintains	$25 → $15	+128.66%	May 14, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

40.46M

from 31.82M

27.15%

from 31.82M

Revenue Next Year

91.12M

from 40.46M

125.22%

from 40.46M

EPS This Year

-0.56

from -0.54

EPS Next Year

-0.57

from -0.56

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	40.46M
Revenue Growth	-	-	23.25%	201.86%	37.91%	27.15%
Gross Profit	-1.97M	-17.04M	-50.12M	-145.00K	6.11M	7.93M
Gross Margin	-	-274.70%	-655.64%	-0.63%	19.19%	19.60%
Operating Income	-69.52M	-127.06M	-203.02M	-180.56M	-176.55M	-160.93M
Net Income	-125.87M	-51.62M	-214.07M	-222.24M	-156.74M	-171.56M
EPS	-	-	-	-	-0.54	-0.56
Free Cash Flow	-74.09M	-68.86M	-84.00M	-124.51M	-58.63M	-147.05M
No. Analysts	-	-	-	-	-	11

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

Revenue Forecast

Revenue	2026	2027	2028
High	45.2M
Avg	40.5M
Low	36.6M

Revenue Growth

Revenue Growth	2026	2027	2028
High	42.0%
Avg	27.1%
Low	15.0%

EPS Forecast

EPS	2026	2027	2028
High	-0.52
Avg	-0.56
Low	-0.63

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-