Enovix Corporation (ENVX)
NASDAQ: ENVX · Real-Time Price · USD
2.460
-0.040 (-1.60%)
At close: Oct 9, 2026, 4:00 PM EDT
2.440
-0.020 (-0.81%)
After-hours: Oct 9, 2026, 7:55 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 $10.85. The average 1-year stock price forecast is 341.06% higher than the current stock price, while the lowest is $5.00 (+103.25%) and the highest is $21 (+753.66%).

Price Target: $10.85 (+341.06%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$5.00$10.85$10$21
Change+103.25%+341.06%+306.50%+753.66%
* Price targets were last updated on Aug 25, 2026.

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
TD Cowen
TD Cowen
Hold
Maintains
n/a
HoldMaintainsn/an/aOct 3, 2026
Canaccord Genuity
Canaccord Genuity
Buy
Maintains
$10
BuyMaintains$10+306.50%Aug 25, 2026
Bank of America Securities
Bank of America Securities
Hold
Reiterates
$8 → $5
HoldReiterates$8 → $5+103.25%Aug 18, 2026
Loop Capital Markets
Loop Capital Markets
Buy
Maintains
$100 → $15
BuyMaintains$100 → $15+509.76%Aug 17, 2026
William Blair
William Blair
Hold
Downgrades
n/a
HoldDowngradesn/an/aAug 17, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
38.56M
from 31.82M
Increased by 21.19%
Revenue Next Year
75.58M
from 38.56M
Increased by 95.99%
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
-6.20M7.64M23.07M31.82M38.56M
Revenue Growth
--23.25%201.86%37.91%21.19%
Gross Profit
-1.97M-17.04M-50.12M-145.00K6.11M7.23M
Gross Margin
--274.70%-655.64%-0.63%19.19%18.75%
Operating Income
-69.52M-127.06M-203.02M-180.56M-176.55M-168.41M
Net Income
-125.87M-51.62M-214.07M-222.24M-156.74M-175.59M
EPS
-----0.54-0.56
Free Cash Flow
-----113.51M-131.30M
No. Analysts
-----12
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High41.1M
Avg38.6M
Low35.4M

Revenue Growth

Revenue Growth202620272028
High
29.2%
Avg
21.2%
Low
11.2%

EPS Forecast

EPS202620272028
High-0.53
Avg-0.56
Low-0.60

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-