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Home โบ Stocks โบ Enovix Corporation (ENVX) Stock Forecast & Price Prediction United States | NASDAQ | Industrials | Electrical Equipment & Parts
$4.70
-0.41 (-8.02%)Did ENVX Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Enovix is one of their latest high-conviction picks.
Based on our analysis of 6 Wall Street analysts, ENVX has a bullish consensus with a median price target of $12.50 (ranging from $6.00 to $25.00). The overall analyst rating is Strong Buy (8.8/10). Currently trading at $4.70, the median forecast implies a 166.0% upside. This outlook is supported by 9 Buy, 2 Hold, and 1 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for ENVX.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| May 14, 2026 | Oppenheimer | Colin Rusch | Outperform | Maintains | $21.00 |
| May 14, 2026 | Craig-Hallum | Anthony Stoss | Buy | Maintains | $8.00 |
| May 14, 2026 | TD Cowen | Jeff Osborne | Hold | Maintains | $7.00 |
| May 14, 2026 | Benchmark | Mickey Legg | Buy | Maintains | $15.00 |
| May 6, 2026 | JP Morgan | Underweight | Downgrade | $N/A | |
| Mar 12, 2026 | B of A Securities | Neutral | Initiates | $N/A | |
| Feb 26, 2026 | Canaccord Genuity | Buy | Maintains | $N/A | |
| Feb 26, 2026 | Craig-Hallum | Buy | Maintains | $N/A | |
| Feb 26, 2026 | TD Cowen | Hold | Maintains | $N/A | |
| Nov 12, 2025 | JP Morgan | Neutral | Maintains | $N/A | |
| Nov 6, 2025 | Canaccord Genuity | Buy | Maintains | $N/A | |
| Nov 6, 2025 | Cantor Fitzgerald | Overweight | Maintains | $N/A | |
| Aug 4, 2025 | Canaccord Genuity | Buy | Maintains | $N/A | |
| Jul 25, 2025 | Benchmark | Buy | Maintains | $N/A | |
| Jul 24, 2025 | JP Morgan | Neutral | Downgrade | $N/A | |
| Jul 10, 2025 | B. Riley Securities | Buy | Maintains | $N/A | |
| Jul 8, 2025 | Craig-Hallum | Buy | Maintains | $N/A | |
| May 1, 2025 | JP Morgan | Overweight | Maintains | $N/A | |
| May 1, 2025 | TD Securities | Hold | Maintains | $N/A | |
| Apr 29, 2025 | B. Riley Securities | Buy | Maintains | $N/A |
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Enovix Corporation has a market capitalization of $1.11B with a P/E ratio of -6.8x. The company generates $34.32M in trailing twelve-month revenue with a 19.2% profit margin.
Revenue growth is +49.1% quarter-over-quarter, while maintaining an operating margin of -577.6% and return on equity of -71.3%.
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Develops advanced lithium-ion battery technology.
Enovix Corporation's business model revolves around the design, manufacture, and commercialization of innovative lithium-ion battery cells utilizing a proprietary 3D silicon-anode architecture. The company generates revenue by providing high-capacity batteries for various applications, including IoT devices, electric vehicles, and renewable energy storage solutions.
Founded in 2006 and headquartered in Fremont, California, Enovix has established a diverse customer base across multiple countries, including South Korea, Switzerland, and the United States. The company's advanced battery solutions are aimed at enhancing energy density, safety, and longevity, positioning it as a key player in the evolving electrical equipment and clean energy markets.
Industrials
Electrical Equipment & Parts
664
Dr. Raj Talluri Ph.D.
United States
2021
Enovix Corporation (NASDAQ:ENVX) shares rose after the appointment of Dr. Michael Vyvoda as COO, effective July 29.
The appointment of Dr. Michael Vyvoda as COO may signal a strategic shift or new direction for Enovix, potentially impacting operational efficiency and future growth, influencing investor sentiment.
Enovix's 3D stacked silicon-anode batteries offer higher energy density and lower fire risk. Strong balance sheet, production ramp-up, and licensing potential may boost earnings and revenues.
Enovix's innovative battery technology and strong financial position signal growth potential. Successful commercialization could lead to high-margin revenues and increased earnings, appealing to investors.
Enovix has established a Unified Operations Organization to enhance efficiency from production to customer delivery as it ramps up high-volume manufacturing.
Enovix's new operations organization may enhance efficiency and scalability in production, potentially leading to increased output and revenue, which can positively influence stock performance.
Enovix Corporation (Nasdaq: ENVX) announced its participation in the 26th Annual B. investor events, highlighting its position in advanced lithium-ion battery technology.
Enovix's participation in investor events signals engagement with the investment community, potentially boosting investor confidence and interest in its growth prospects.
ENVX is promoting silicon-anode batteries due to increased demand from AI devices, with smart eyewear shipments and defense/drone sales contributing to Q1 revenue growth.
ENVX's focus on silicon-anode batteries signals growth in high-demand sectors, enhancing revenue potential and attracting investor interest amidst rising AI and defense-related sales.
Enovix Corp. (NASDAQ:ENVX) shares fell following the release of its first-quarter results and weaker than expected forward guidance.
Enovix Corp.'s share drop signals potential financial instability and reduced growth expectations, which can negatively impact investor confidence and future valuations.
Based on our analysis of 6 Wall Street analysts, Enovix Corporation (ENVX) has a median price target of $12.50. The highest price target is $25.00 and the lowest is $6.00.
According to current analyst ratings, ENVX has 9 Buy ratings, 2 Hold ratings, and 1 Sell ratings. The stock is currently trading at $4.70. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict ENVX stock could reach $12.50 in the next 12 months. This represents a 166.0% increase from the current price of $4.70. Please note that this is a projection by Wall Street analysts and not a guarantee.
Enovix Corporation's business model revolves around the design, manufacture, and commercialization of innovative lithium-ion battery cells utilizing a proprietary 3D silicon-anode architecture. The company generates revenue by providing high-capacity batteries for various applications, including IoT devices, electric vehicles, and renewable energy storage solutions.
The highest price target for ENVX is $25.00 from at , which represents a 431.9% increase from the current price of $4.70.
The lowest price target for ENVX is $6.00 from at , which represents a 27.7% increase from the current price of $4.70.
The overall analyst consensus for ENVX is bullish. Out of 6 Wall Street analysts, 9 rate it as Buy, 2 as Hold, and 1 as Sell, with a median price target of $12.50.
Stock price projections, including those for Enovix Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.