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ENVX

Enovix Corporation

ENVX

NASDAQ·Industrials·Electrical Equipment & Parts·Mkt cap $1.3B

$5.36

-8.38%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$4.62 - $16.49

P/E

-6.96

Fwd P/E

-8.19

Beta

2.21

Div Yield

0.00%

Avg Vol

6.6M

Shares Out

217.2M

Mkt Cap

$1.3B

Price action

Price chart

Down 47.4% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

3 reasons

  • Proprietary 3D cell architecture technology enabling higher energy density
  • Vertically integrated manufacturing capabilities and process innovation
  • Strong intellectual property portfolio with multiple patents in battery technology

Bear Case

1 risk

  • High volatility (beta 2.2). Larger-than-normal price swings expected.

Growth

Strong growth ahead

Surging global demand for electric vehicle batteries and EV market expansion

Value

Deep value opportunity - significant discount to Electrical Equipment peers

Momentum

Strong

+15.6% over 3m

Quality

Loss-making

Mixed fundamentals

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 28, 2026

Q2 26 RECAP

MAY 13, 2026

Reported EPS of -$0.14 vs -$0.15 consensus (+6.7% surprise). Revenue of $7.6M vs $7.0M expected (+9.3%). Beat on both top and bottom lines.

EPS beat +6.7%
Rev beat +9.3%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+6.7%

Next: Apr 28, 2026

Revenue trend · last 8Q

+32%

-3%

+98%

+85%

+16%

Q1 24

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

$5.3M

$3.8M

$4.3M

$9.7M

$5.1M

$7.5M

$8.0M

$11.3M

Margins · last 8Q

Gross

11.6%

Profit

-310.6%

Wall Street consensus

6 analysts · 67% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

4

67%

Hold

1

17%

Sell

1

17%

Median Price Target

$14.50

+170.5% vs $5.36

Low $8.00
Median $14.50
High $21.00

Latest: Benchmark · May 14, 2026

2 analysts covering

vs Industry

How ENVX stacks vs Electrical Equipment & Parts

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.