TICKERNERD
Menu
ENVXENVXIndustrials · Electrical Equipment & Parts

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

Last close, 14 Oct 2026
$2.44
−2.79% on the day

The 12 Wall Street analysts covering Enovix Corp. hold a median 12-month price target of $9.5 — +289.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 5 of 100 as at 14 Oct 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
$550.8M
Ticker Nerd rank
5 / 100
Median analyst target
$9.50
Analysts covering
12
Revenue$9.0M+20.8% y/y
Operating income−$43.3M
Net income−$43.1M
Free cash flow−$31.4M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−4.3%
1M
−19.2%
YTD
−66.6%
1Y
−81.0%
From 52W high
−81.5%
From 52W low
0.0%
$2
$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 14 Oct 2026
5 / 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
53
Size
52
Accruals
32
Growth
29
Quality
29
Issuance
9
Volatility
7
Momentum
3
Value
1

Revisions (53): Analysts have, on balance, been raising their forecasts.

Value (1): 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
$0$5$10$15$20Jan 26Apr 26Jul 26Oct 26ENVXHigh $21.00Median $9.50Low $5.00

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 $5.00Median $9.50High $21.00

The green dot is the last close — the median target sits +289.3% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 0 moved their price target up and 8 moved it down.

DateFirmActionRatingTarget
9 Oct 2026StoneXMaintainsBuy$15 → $10
17 Aug 2026William BlairDowngradeMarket Perform—
17 Aug 2026William BlairDowngradeMarket Perform—
14 Aug 2026Canaccord GenuityMaintainsBuy$15 → $10
14 Aug 2026Canaccord GenuityMaintainsBuy—
13 Aug 2026B. Riley SecuritiesMaintainsBuy$10 → $9.00
13 Aug 2026B. Riley SecuritiesMaintainsBuy—
13 Aug 2026Cantor FitzgeraldReiteratesOverweight$25
13 Aug 2026Cantor FitzgeraldReiteratesOverweight—
24 July 2026TD CowenMaintainsHold—
24 July 2026TD CowenMaintainsHold$7.00 → $5.50
14 May 2026BenchmarkMaintainsBuy$25 → $15
14 May 2026BenchmarkMaintainsBuy—
14 May 2026Craig-HallumMaintainsBuy$10 → $8.00
14 May 2026Craig-HallumMaintainsBuy—
14 May 2026OppenheimerMaintainsOutperform—
14 May 2026OppenheimerMaintainsOutperform$24 → $21
14 May 2026TD CowenMaintainsHold—
14 May 2026TD CowenMaintainsHold$7.50 → $7.00
6 May 2026JP MorganDowngradeUnderweight—

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 14 Oct 2026, Enovix Corp. returned −81.0% against +17.5% for the S&P 500, dividends included.

ENVX vs S&P 500, last 12 monthsTotal return, rebased to 100
20406080100120Jan 26Apr 26Jul 26Oct 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
5
Analysts cutting
4
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
−3.4×

Cheaper than 88% of US stocks

Price / sales
15.4×

Cheaper than 10% of US stocks

Price / book
2.6×

Cheaper than 35% of US stocks

EV / EBITDA
−4.3×

Cheaper than 79% of US stocks

Growth & margins
Revenue growth (YoY)
20.8%

Higher than 70% of US stocks

Earnings growth (YoY)
20.8%

Higher than 59% of US stocks

Gross margin
14.4%

Higher than 13% 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 16% of US stocks

Return on assets
−17.6%

Higher than 21% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

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 $550.8M and an enterprise value of $605.1M.

  • Revenue in the twelve months to 30 June 2026: $35.9M. The latest quarter grew 20.8% year on year.

  • Net income over the same four quarters: −$170.1M, a −474.2% net margin.

  • Diluted earnings per share, trailing twelve months: $−0.81.

  • Free cash flow in the twelve months to 30 June 2026: −$124.2M.

  • Shares outstanding: 219.2M.

  • Trailing P/E: −3.4×; forward P/E: −4.0× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • Enovix Corp. employs 664 people — $54K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 14 Oct 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.$550.8M
5
FACFactorial Energy, Inc.$509.4M
7
KEKimball Electronics, Inc.$662.7M
87
EOSEEos Energy Enterprises, Inc.$688.7M
7
ADSEADS-TEC Energy Plc$695.5M
37
TET1 Energy, Inc.$854.1M
25
FCELFuelCell Energy, Inc.$1.1B
22

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: Change In Strategic Focus Not Likely To Be Sufficient - Hold

Seeking Alpha · 15 Oct 2026neutral

Enovix reported preliminary third-quarter revenue slightly ahead of expectations, with drone and defense customers accounting for about 70% of sales. Interim management plans to focus on those sectors near term, while the company provided no update on qualifying its battery technology with leading Chinese smartphone OEMs.

Why it matters — The sales mix and near-term focus offer context on Enovix's current business priorities, while the lack of an update leaves its smartphone OEM qualification efforts unaddressed.

Enovix Stock Rises on 100,000-Battery Drone Order, Eyes Follow-On Demand in 2027

Benzinga · 14 Oct 2026positive

Enovix shares traded higher Wednesday after the company announced a purchase order for 100,000 battery units from a multinational provider of dual-use drone systems.

Why it matters — The order may be relevant to ENVX watchers tracking demand for the company's batteries in drone applications.

Enovix Receives 100,000-Battery Drone Order

GlobeNewsWire · 13 Oct 2026positive

Enovix announced an initial purchase order for 100,000 battery units from a multinational provider of dual-use drone systems. Deliveries are scheduled for the first half of 2027, with follow-on orders expected after successful initial deployment.

Why it matters — The order represents a planned deployment of Enovix cells from its South Korea facility in a drone program, with potential follow-on orders noted by the company.

Enovix Bets Big on Defense Batteries with $216 Million Pipeline, Korea Expansion

Benzinga · 12 Oct 2026positive

The excerpt says Enovix shares were trading more than 2% higher Monday after the company reported strong preliminary third-quarter 2026 results. The headline also cites a $216 million defense battery pipeline and an expansion in Korea.

Why it matters — The reported preliminary results, defense pipeline, and Korea expansion are developments relevant to investors following Enovix.

US Stocks Mixed; Enovix Shares Jump

Benzinga · 12 Oct 2026positive

U.S. stocks traded mixed Monday morning, while Enovix shares jumped.

Why it matters — The item reports a move in Enovix shares amid a mixed broader market, which may be relevant to ENVX watchers.

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 $9.5, 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. 5 out of 100 across roughly 4,600 US stocks as at 14 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ENVX?

As at 14 Oct 2026, Enovix Corp. ranks 5 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 (53 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 +289.3% from the last close, and Ticker Nerd's factor model ranks Enovix Corp. 5 out of 100 as at 14 Oct 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 -81.0% over the 12 months to 14 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Enovix Corp. do?

Enovix Corporation is a battery technology company that designs, develops, and manufactures advanced lithium-ion battery cells with a silicon-anode architecture. Its products are built to deliver high energy density, strong performance, and long cycle life for space-constrained devices.

What is the latest news on ENVX?

The most recent item we track (Seeking Alpha, 15 Oct 2026): "Enovix: Change In Strategic Focus Not Likely To Be Sufficient - Hold". Enovix reported preliminary third-quarter revenue slightly ahead of expectations, with drone and defense customers accounting for about 70% of sales. Interim management plans to focus on those sectors near term, while the company provided no update on qualifying its battery technology with leading Chinese smartphone OEMs.

Company

About Enovix Corp.

Enovix Corporation is a battery technology company that designs, develops, and manufactures advanced lithium-ion battery cells with a silicon-anode architecture. Its products are built to deliver high energy density, strong performance, and long cycle life for space-constrained devices. Enovix serves a range of current markets, including wearables, smartphones, computing devices, industrial electronics, defense applications, and emerging edge AI systems. The company also supports original equipment manufacturers that need compact, high-capacity power solutions for consumer and commercial products. Headquartered in Fremont, California, Enovix focuses on bringing its proprietary cell design and manufacturing process into broader commercial use across electronics and other battery-dependent industries.

CEO Mr. Ryan A. Benton · 664 employees · United States · https://www.enovix.com