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

Last close, 4 Nov 2026
$2.77
−5.78% on the day

The 12 Wall Street analysts covering Enovix Corp. hold a median 12-month price target of $9.5 — +243.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 5 of 100 as at 4 Nov 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
$645.2M
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
−21.3%
1M
−1.1%
YTD
−62.1%
1Y
−75.1%
From 52W high
−75.5%
From 52W low
+23.1%
$2
$11
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 4 Nov 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
52
Size
50
Accruals
33
Quality
29
Growth
28
Issuance
9
Volatility
6
Value
3
Momentum
2

Revisions (52): Analysts have, on balance, been raising their forecasts.

Momentum (2): The shares have been drifting down relative to others.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ 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 +243.0% 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.

ENVX appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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The AI build-out map
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  • AI cloud capacity

    MSFTAMZNGOOGLORCL

  • AI chips

    NVDAAVGOAMDMU

  • AI networking and serversIn full

    ANETDELLLITECRDO

  • Data centre power

    VRTCEGGEVVST

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 4 Nov 2026, Enovix Corp. returned −75.1% against +14.8% 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 movingThis 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
−3.9×

Cheaper than 90% of US stocks

Price / sales
18.0×

Cheaper than 9% of US stocks

Price / book
3.0×

Cheaper than 30% of US stocks

EV / EBITDA
−4.9×

Cheaper than 81% of US stocks

Growth & margins
Revenue growth (YoY)
20.8%

Higher than 70% of US stocks

Earnings growth (YoY)
20.8%

Higher than 60% 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 15% 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 $645.2M and an enterprise value of $697.2M.

  • 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: −3.9×; forward P/E: −4.6× — 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 4 Nov 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.$645.2M5
KEKimball Electronics, Inc.$620.4M87
NRGVEnergy Vault Holdings, Inc.$578.2M37
ADSEADS-TEC Energy Plc$653.8M36
HYLNHyliion Holdings Corp.$535.0M76
EOSEEos Energy Enterprises, Inc.$755.8M7
TET1 Energy, Inc.$804.1M23

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 Declares New Warrant Dividend

GlobeNewsWire · 28 Oct 2026neutral

Enovix’s board declared a special dividend of warrants to common stockholders of record on November 13, 2026, at one warrant for every four shares, rounded down. Holders of the company’s 2028 and 2030 convertible notes will also receive warrants on a pass-through basis under their indentures.

Why it matters — ENVX watchers may want to note the warrant distribution and its eligibility date, including the treatment of convertible-note holders.

Enovix's 100,000-Battery Drone Order Sets Up a Test of Its Production Plans

MarketBeat · 15 Oct 2026positive

The headline reports that Enovix has a 100,000-battery drone order, framing it as a test of the company's production plans. The excerpt notes that conventional graphite lithium-ion cells constrain autonomous aircraft flight times.

Why it matters — ENVX watchers may view the order as a real-world test of Enovix's ability to meet production needs for the autonomous aircraft sector.

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.

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 4 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ENVX?

As at 4 Nov 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 (52 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 +243.0% from the last close, and Ticker Nerd's factor model ranks Enovix Corp. 5 out of 100 as at 4 Nov 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 -75.1% over the 12 months to 4 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Enovix Corp. do?

Enovix Corporation is a high-performance battery company that designs, develops, and manufactures advanced lithium-ion battery cells. Its core technology uses a silicon-anode architecture and a proprietary three-dimensional cell design intended to deliver high energy density, durability, and efficient use of space compared with conventional battery formats.

What is the latest news on ENVX?

The most recent item we track (GlobeNewsWire, 28 Oct 2026): "Enovix Declares New Warrant Dividend". Enovix’s board declared a special dividend of warrants to common stockholders of record on November 13, 2026, at one warrant for every four shares, rounded down. Holders of the company’s 2028 and 2030 convertible notes will also receive warrants on a pass-through basis under their indentures.

Company

About Enovix Corp.

Enovix Corporation is a high-performance battery company that designs, develops, and manufactures advanced lithium-ion battery cells. Its core technology uses a silicon-anode architecture and a proprietary three-dimensional cell design intended to deliver high energy density, durability, and efficient use of space compared with conventional battery formats. The company’s products support applications across smartphones, smart eyewear, wearables, computing devices, defense equipment, industrial systems, and emerging edge artificial intelligence hardware. Enovix also develops battery platforms incorporating active silicon and reduced reliance on traditional graphite anodes, addressing the power and size requirements of compact electronic products. Its business serves original equipment manufacturers and other customers in consumer electronics, aerospace and defense, industrial technology, electric mobility, and energy storage markets. Headquartered in Fremont, California, Enovix Corporation operates within the advanced battery sector, where its silicon-anode cells contribute to the development of lighter, longer-lasting, and higher-performance portable and specialized electronic systems.

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