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Enovix Corporation designs (ENVX)
$3.47+0.15 (+4.52%)
Market ClosedLast close Sep 8
Enovix Corporation designs, develops, and manufactures lithium-ion battery cells in the United States and internationally.
Historical Price
Price (Candle)
50-Day SMA
200-Day SMA
Whystock Brain
The Narrative
Enovix Corporation in the Industrials sector is trading at $3.47 with a market capitalization of $1.5B. Wall Street consensus targets $11.35 (10 analysts), implying a +227.1% move over the next 12 months. The stock is currently near its 52-week low of $3.06, remaining 43.5% below its 200-day moving average. On fundamentals, Piotroski 4/9 shows mixed financial quality, Altman Z in the distress zone. The Whystock Score of 60/100 suggests a balanced risk-reward profile.
Ecosystem Influences
Sell-side targets imply +227.1% upside over 12 months
Long-term trend bearish (price vs 200-day SMA)
Macro-economic sensitivity to interest rate and inflation shifts
Quarterly Financials
| Metric (USD) | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|
| Total Revenue | $7.60M↓ | $11.27M↑ | $7.99M↑ | $7.47M↑ | $5.10M |
| Gross Profit | $1.55M↓ | $2.50M↑ | $1.40M↓ | $1.94M↑ | $261,000 |
| Operating Income | -$43.90M↑ | -$43.99M↑ | -$46.97M↓ | -$43.73M↓ | -$42.56M |
| Net Income | -$38.26M↓ | -$34.99M↑ | -$53.71M↓ | -$44.53M↓ | -$23.51M |
Peer Comparison
Fundamentals
Enovix Corporation designs, develops, and manufactures lithium-ion battery cells in the United States and internationally. It serves wearables and IoT, smartphone, computing, electrical vehicles, and original equipment manufacturers. The company was ...
Market Cap
Total dollar market value of a company's outstanding shares of stock (Price * Shares).
$1.48B
P/E Ratio
Priced for growth. Investors expect sustained double-digit expansion.
-
Beta
High-beta play. Expect amplified moves vs. the broad market.
-
Div Yield
Low to zero yield. Return is entirely dependent on price appreciation.
0.00%
ROE
Average efficiency. Growth may require heavy reinvestment.
-71.26%
Volume
Today's trading volume
5.62M
Recent News
Enovix (ENVX) Plans to Double Drone Battery Capacity. Is a $183M Pipeline Enough to Justify the Expansion?
Enovix Corporation (NASDAQ:ENVX) shares fell 3.8% to $3.27 on August 20, the day the company announced plans to double its production capacity for drone batteries in South Korea. The expansion could strengthen Enovix’s position in defense and industrial markets, but the headline pipeline figure requires closer examination. Enovix Corporation (NASDAQ:ENVX) expects the added capacity to […]
What Does Enovix (ENVX) Leadership Turnover And Korea Expansion Mean Now?
Enovix (NasdaqGS: ENVX) announced a leadership transition, with CEO and President Dr. Raj Talluri resigning and Board member Ryan Benton stepping in as Interim CEO, while T.J. Rodgers becomes Executive Chairman. The company outlined an accelerated capacity expansion in South Korea that includes doubling production capacity for drone batteries. Management described a pathway toward larger scale manufacturing using its AI-1 technology, aimed at serving defense, drone, and industrial...
Multiple headwinds Weighed on Enovix Corp’s (ENVX) Performance
Massif Capital, an investment management company, released its “Massif Capital Real Assets Strategy” second quarter 2026 investor letter. A copy of the letter can be downloaded here. In the quarter, the strategy fell 5.16% net of fees, bringing year-to-date returns to 10.7%. April and May were strong, but June losses in European energy and materials […]
Enovix Corporation (ENVX) Upgraded to Buy: What Does It Mean for the Stock?
Enovix Corporation (ENVX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
After Plunging 35% in 4 Weeks, Here's Why the Trend Might Reverse for Enovix Corporation (ENVX)
Enovix Corporation (ENVX) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.