ENVXENVXIndustrials · Electrical Equipment & Parts

ENVX Stock Forecast: Enovix Corp. Price Predictions for 2026-2027

Last close, 25 Aug 2026
$3.38
+3.36% on the day

The 12 Wall Street analysts covering Enovix Corp. hold a median 12-month price target of $10 — +195.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 6 of 100 as at 24 Aug 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$741.7M
Ticker Nerd rank
6 / 100
Median analyst target
$10
Analysts covering
12
Revenue$7.6M+49.1% y/y
Operating income−$43.9M
Net income−$38.3M
Free cash flow−$36.3M
Quarterly, 8 quarters to 31 Mar 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+7.8%
1M
−14.4%
YTD
−53.8%
1Y
−67.5%
From 52W high
−74.4%
From 52W low
+7.8%
$3
$13
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

ENVX stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Enovix Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 24 Aug 2026
6 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
60
Size
49
Accruals
32
Growth
29
Quality
28
Issuance
9
Volatility
7
Momentum
2
Value
0

Revisions (60): Analysts have, on balance, been raising their forecasts.

Value (0): The shares cost a lot relative to the profits and assets behind them.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

ENVX stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on ENVX, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$5$10$15$20Oct 25Jan 26Apr 26Jul 26ENVXHigh $21Median $10Low $5

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says12 analysts
8 Buy3 Hold1 Sell
Low $5Median $10High $21

The green dot is the last close — the median target sits +195.9% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 0 moved their price target up and 7 moved it down.

DateFirmActionRatingTarget
17 Aug 2026William BlairDowngradeMarket Perform
14 Aug 2026Canaccord GenuityMaintainsBuy$15$10
13 Aug 2026B. Riley SecuritiesMaintainsBuy$10$9.00
13 Aug 2026Cantor FitzgeraldReiteratesOverweight$25
24 July 2026TD CowenMaintainsHold$7.00$5.50
24 July 2026TD CowenMaintainsHold
14 May 2026BenchmarkMaintainsBuy$25$15
14 May 2026BenchmarkMaintainsBuy
14 May 2026Craig-HallumMaintainsBuy
14 May 2026Craig-HallumMaintainsBuy$10$8.00
14 May 2026OppenheimerMaintainsOutperform
14 May 2026OppenheimerMaintainsOutperform$24$21
14 May 2026TD CowenMaintainsHold
14 May 2026TD CowenMaintainsHold$7.50$7.00
6 May 2026JP MorganDowngradeUnderweight
12 Mar 2026B of A SecuritiesInitiatesNeutral
26 Feb 2026Canaccord GenuityMaintainsBuy
26 Feb 2026Craig-HallumMaintainsBuy
26 Feb 2026TD CowenMaintainsHold
12 Nov 2025JP MorganMaintainsNeutral

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. ENVX appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

ENVX vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 25 Aug 2026, Enovix Corp. returned −67.5% against +20.5% for the S&P 500, dividends included.

ENVX vs S&P 500, last 12 monthsTotal return, rebased to 100
20406080100120Oct 25Jan 26Apr 26Jul 26ENVXS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

ENVX analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
6
Analysts cutting
1
Fundamentals

Enovix Corp. (ENVX) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
−4.4×

Cheaper than 89% of US stocks

Price / sales
20.1×

Cheaper than 9% of US stocks

Price / book
3.3×

Cheaper than 31% of US stocks

EV / EBITDA
−5.6×

Cheaper than 79% of US stocks

Growth & margins
Revenue growth (YoY)
20.8%

Higher than 70% of US stocks

Earnings growth (YoY)
49.1%

Higher than 74% of US stocks

Gross margin
20.4%

Higher than 22% of US stocks

Operating margin
−479.8%

Higher than 8% of US stocks

Net margin
19.2%

Higher than 82% of US stocks

Returns & dividend
Return on equity
−81.3%

Higher than 15% of US stocks

Return on assets
−17.6%

Higher than 21% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Enovix Corp. (ENVX) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Enovix Corp. has a market value of $741.7M and an enterprise value of $791.3M.

  • Revenue in the twelve months to 31 Mar 2026: $34.3M. The latest quarter grew 20.8% year on year.

  • Net income over the same four quarters: −$171.3M, a −499.2% net margin.

  • Diluted earnings per share, trailing twelve months: $−0.83.

  • Free cash flow in the twelve months to 31 Mar 2026: −$126.6M, after $15.2M of capital spending.

  • Shares outstanding: 217.7M.

  • Trailing P/E: −4.4×; forward P/E: −5.2× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Enovix Corp. employs 664 people $52K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 31 Mar 2026 · market figures as at 24 Aug 2026

Data provided by Twelve Data

Peers

ENVX vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelElectrical Equipment & Parts
CompanyMarket capTKN rank
ENVXEnovix Corp.$741.7M
6
ADSEADS-TEC Energy Plc$820.8M
32
KEKimball Electronics, Inc.$553.9M
87
FACFactorial Energy, Inc.$492.3M
24
EOSEEos Energy Enterprises, Inc.$1.2B
8
TET1 Energy, Inc.$1.3B
26
AMPXAmprius Technologies, Inc.$1.4B
58

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Enovix Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest ENVX news & analysis

Enovix Is At The Lows For Good Reason (Rating Upgrade)

Seeking Alpha · 22 Aug 2026negative

Enovix stock plunged 18% after CEO Raj Talluri's sudden resignation, hitting an all-time low and reflecting deep investor skepticism. While short-term trading upside may exist as the market digests the reasons for his exit, long-term trust in the company remains damaged, and executive chairman T.J. Rodgers' bull case under new leadership highlighted several key concerns.

Why it matters — ENVX watchers would care because the sudden CEO departure and resulting drop to an all-time low signal continued uncertainty and eroding investor confidence in the company's leadership and long-term outlook.

Enovix to Double Korea Drone Battery Capacity

GlobeNewsWire · 20 Aug 2026positive

Enovix announced plans to double its Korea drone battery capacity, leveraging its existing company-owned South Korea facility. The added capacity is expected to come on line in mid-2027.

Why it matters — A ENVX watcher would care because this expansion indicates the company is scaling production capacity for drone batteries ahead of mid-2027, using its own existing facility.

Enovix Corporation (ENVX) Upgraded to Buy: What Does It Mean for the Stock?

Zacks Investment Research · 19 Aug 2026positive

Enovix Corporation (ENVX) was upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. The upgrade signals increased confidence in Enovix's near-term outlook.

Why it matters — A Zacks upgrade to Buy is a notable analyst-driven signal that ENVX watchers would track as an indicator of shifting sentiment on the company's earnings potential.

After Plunging 35% in 4 Weeks, Here's Why the Trend Might Reverse for Enovix Corporation (ENVX)

Zacks Investment Research · 19 Aug 2026positive

Enovix Corporation (ENVX) has become technically oversold after heavy selling pressure, which may signal exhaustion of the decline. This is combined with strong Wall Street agreement in revising earnings estimates higher, pointing to a potential near-term trend reversal for the stock.

Why it matters — ENVX watchers would care because the technical oversold condition combined with upward analyst estimate revisions suggests the recent share-price slide may be ending and the stock could be positioned for a recovery.

Enovix: Time For A Strategy Change After Surprise CEO Departure (Rating Upgrade)

Seeking Alpha · 19 Aug 2026negative

Enovix reported second-quarter results slightly ahead of muted expectations after a surprise CEO departure prompted discussion of a strategy change. The company continues to face cash burn, insufficient yields at its sole Malaysia volume manufacturing line, and ongoing smartphone battery qualification with lead customer Honor.

Why it matters — A ENVX watcher would care because the CEO departure, inadequate manufacturing yields, and unfinished customer qualification raise questions about the company's strategic direction and path to commercial production.

FAQ

Frequently asked questions about ENVX stock

What is the ENVX stock price forecast for 2026-2027?

The 12 Wall Street analysts covering Enovix Corp. have a median 12-month price target of $10, with estimates ranging from $5 to $21. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is ENVX stock a buy right now?

Of the 12 analysts covering Enovix Corp., 8 rate it a Buy, 3 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Enovix Corp. 6 out of 100 across roughly 4,600 US stocks as at 24 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ENVX?

As at 24 Aug 2026, Enovix Corp. ranks 6 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (60 of 100).

Will ENVX stock go up?

No one can know that. What the data says: the median 12-month target from 12 analysts implies +195.9% from the last close, and Ticker Nerd's factor model ranks Enovix Corp. 6 out of 100 as at 24 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the ENVX stock forecast for 2030?

No analyst covering Enovix Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for ENVX are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $5 to $21 over the next 12 months.

How has ENVX stock performed over the past year?

Enovix Corp. returned -67.5% over the 12 months to 25 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Enovix Corp. do?

Enovix Corporation is a battery technology company focused on designing, developing, and manufacturing advanced lithium-ion battery cells with a silicon-anode architecture. Its products are built for space-constrained devices that require high energy density, safety, and reliable cycle life, supporting applications in smartphones, smart eyewear, wearables, IoT devices, computing, defense, industrial systems, and emerging edge AI hardware.

What is the latest news on ENVX?

The most recent item we track (Seeking Alpha, 22 Aug 2026): "Enovix Is At The Lows For Good Reason (Rating Upgrade)". Enovix stock plunged 18% after CEO Raj Talluri's sudden resignation, hitting an all-time low and reflecting deep investor skepticism. While short-term trading upside may exist as the market digests the reasons for his exit, long-term trust in the company remains damaged, and executive chairman T.J. Rodgers' bull case under new leadership highlighted several key concerns.

Company

About Enovix Corp.

Enovix Corporation is a battery technology company focused on designing, developing, and manufacturing advanced lithium-ion battery cells with a silicon-anode architecture. Its products are built for space-constrained devices that require high energy density, safety, and reliable cycle life, supporting applications in smartphones, smart eyewear, wearables, IoT devices, computing, defense, industrial systems, and emerging edge AI hardware. The company also serves original equipment manufacturers that integrate its cells into consumer and commercial products. Enovix’s current business centers on proprietary cell design and manufacturing capabilities that aim to improve battery performance in compact formats. Headquartered in Fremont, California, Enovix operates as a specialized supplier in the global battery market, where it addresses demand for smaller, more efficient energy storage solutions across consumer electronics and industrial technology segments.

CEO Dr. Raj Talluri Ph.D. · 664 employees · United States · https://www.enovix.com