Enovix Corporation (ENVX)

Market Cap	1.04B
Revenue (ttm)	7.64M
Net Income (ttm)	-214.07M
Shares Out	168.50M
EPS (ttm)	-1.38
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,635,315
Open	6.02
Previous Close	6.01
Day's Range	5.94 - 6.34
52-Week Range	5.87 - 23.90
Beta	1.61
Analysts	Strong Buy
Price Target	25.13 (+308.95%)
Earnings Date	May 1, 2024

About ENVX

Enovix Corporation designs, develops, and manufactures lithium-ion batteries. It serves wearables and IoT, smartphone, laptops and tablets, industrial and medical, and electric vehicles industries. The company was founded in 2007 and is headquartered in Fremont, California.

• Industry: Electrical Equipment & Parts
• Sector: Industrials
• Founded: 2006
• Employees: 560
• Stock Exchange: NASDAQ
• Ticker Symbol: ENVX

Financial Performance

In 2023, Enovix's revenue was $7.64 million, an increase of 23.25% compared to the previous year's $6.20 million. Losses were -$214.07 million, 314.7% more than in 2022.

Analyst Forecast

According to 8 analysts, the average rating for ENVX stock is "Strong Buy." The 12-month stock price forecast is $25.13, which is an increase of 308.95% from the latest price.

Price Target

$25.13

(308.95% upside)

Analyst Consensus: Strong Buy