Symbols / ENVX
ENVX Chart
About
Enovix Corporation designs, develops, and manufactures lithium-ion battery cells in the United States and internationally. It serves wearables and IoT, smartphone, computing, electrical vehicles, and original equipment manufacturers. The company was founded in 2007 and is headquartered in Fremont, California.
Fundamentals
Scroll to Statements| Sector | Industrials | Industry | Electrical Equipment & P | Market Cap | 1.36B |
| Enterprise Value | 1.27B | Income | -159.22M | Sales | 30.27M |
| Book/sh | 1.40 | Cash/sh | 2.66 | Dividend Yield | — |
| Payout | 0.00% | Employees | 570 | IPO | — |
| P/E | — | Forward P/E | -10.48 | PEG | — |
| P/S | 45.08 | P/B | 4.47 | P/C | — |
| EV/EBITDA | -9.44 | EV/Sales | 42.02 | Quick Ratio | 9.30 |
| Current Ratio | 9.72 | Debt/Eq | 182.69 | LT Debt/Eq | — |
| EPS (ttm) | -0.85 | EPS next Y | -0.60 | EPS Growth | — |
| Revenue Growth | 85.10% | Earnings | 2026-02-25 | ROA | -17.20% |
| ROE | -68.05% | ROIC | — | Gross Margin | 9.10% |
| Oper. Margin | -5.88% | Profit Margin | 0.00% | Shs Outstand | 215.82M |
| Shs Float | 186.46M | Short Float | 32.63% | Short Ratio | 8.66 |
| Short Interest | — | 52W High | 16.49 | 52W Low | 5.27 |
| Beta | 2.11 | Avg Volume | 6.09M | Volume | 1.71M |
| Target Price | $26.90 | Recom | Strong_buy | Prev Close | $6.11 |
| Price | $6.27 | Change | 2.62% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$26.90
Mean price target
2. Current target
$6.27
Latest analyst target
3. DCF / Fair value
$-5.41
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$6.27
Low
$10.00
High
$100.00
Mean
$26.90
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2025-11-12 | main | JP Morgan | Neutral → Neutral | $10 |
| 2025-11-06 | main | Canaccord Genuity | Buy → Buy | $21 |
| 2025-11-06 | main | Cantor Fitzgerald | Overweight → Overweight | $25 |
| 2025-08-04 | main | Canaccord Genuity | Buy → Buy | $22 |
| 2025-07-25 | main | Benchmark | Buy → Buy | $25 |
| 2025-07-24 | down | JP Morgan | Overweight → Neutral | $12 |
| 2025-07-10 | main | B. Riley Securities | Buy → Buy | $17 |
| 2025-07-08 | main | Craig-Hallum | Buy → Buy | $15 |
| 2025-05-01 | main | JP Morgan | Overweight → Overweight | $9 |
| 2025-05-01 | main | TD Securities | Hold → Hold | $7 |
| 2025-04-29 | main | B. Riley Securities | Buy → Buy | $12 |
| 2025-04-24 | main | JP Morgan | Overweight → Overweight | $10 |
| 2025-04-15 | main | Benchmark | Buy → Buy | $15 |
| 2025-02-20 | main | Craig-Hallum | Buy → Buy | $18 |
| 2025-02-20 | reit | Cantor Fitzgerald | Overweight → Overweight | $30 |
| 2024-10-31 | down | Janney Montgomery Scott | Buy → Neutral | $10 |
| 2024-10-30 | reit | Cantor Fitzgerald | Overweight → Overweight | $30 |
| 2024-10-30 | reit | Benchmark | Buy → Buy | $25 |
| 2024-10-22 | main | JP Morgan | Overweight → Overweight | $15 |
| 2024-08-26 | main | Oppenheimer | Outperform → Outperform | $36 |
- $ENVX stock is down 3% today. Here's what we see in our data. - Quiver Quantitative Mon, 23 Feb 2026 19
- Jupiter Asset Management Ltd. Purchases Shares of 247,274 Enovix Corporation $ENVX - MarketBeat Sun, 22 Feb 2026 10
- Enovix (ENVX) Offering Huge Upside Amid Potential Across Smartphone Battery Market - Yahoo Finance hu, 25 Dec 2025 08
- Discipline and Rules-Based Execution in ENVX Response - Stock Traders Daily ue, 24 Feb 2026 12
- Enovix (ENVX) Is Down 12.1% After Overhauling Operations Leadership For High-Volume Battery Production - simplywall.st Sat, 31 Jan 2026 08
- Enovix: A Rough 2025 Colors The Outlook (NASDAQ:ENVX) - Seeking Alpha ue, 06 Jan 2026 08
- Truong, Enovix chief accounting officer, sells $16k in ENVX stock - Investing.com Mon, 05 Jan 2026 08
- Enovix Recognized on Fast Company’s Next Big Things in Tech List - Stock Titan Wed, 15 Oct 2025 07
- ENVX Stock Before Q3 Earnings: Should You Buy Now or Wait for Results? - Yahoo Finance Fri, 31 Oct 2025 07
- Is Enovix (ENVX) Now An Opportunity After Recent Share Price Weakness? - simplywall.st Sun, 25 Jan 2026 08
- Assessing Enovix (ENVX) Valuation As Shares Trade Below Analyst Fair Value Estimate - Yahoo Finance Sun, 25 Jan 2026 08
- $ENVX stock is down 7% today. Here's what we see in our data. - Quiver Quantitative hu, 13 Nov 2025 08
- Enovix Corporation (ENVX) Confirms Results From Independent Lab For its AI-1 Battery - Yahoo Finance Mon, 19 Jan 2026 08
- $ENVX stock is down 14% today. Here's what we see in our data. - Quiver Quantitative hu, 06 Nov 2025 08
- Craig-Hallum Lifts PT on Enovix (ENVX) Stock - Yahoo Finance Sun, 20 Jul 2025 07
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 2296 | 16784 | — | Sale at price 7.31 per share. | TRUONG KRISTINA | Officer | — | 2025-12-31 00:00:00 | D |
| 1 | 2777 | — | — | Stock Gift at price 0.00 per share. | CHAKRAVARTHY ARTHI | Officer | — | 2025-12-08 00:00:00 | D |
| 2 | 9427 | — | — | Stock Award(Grant) at price 0.00 per share. | TALLURI RAJENDRA K. | Chief Executive Officer | — | 2025-11-21 00:00:00 | D |
| 3 | 4960 | — | — | Stock Award(Grant) at price 0.00 per share. | CHAKRAVARTHY ARTHI | Officer | — | 2025-11-21 00:00:00 | D |
| 4 | 3833 | — | — | Stock Award(Grant) at price 0.00 per share. | TRUONG KRISTINA | Officer | — | 2025-11-21 00:00:00 | D |
| 5 | 5729 | — | — | Stock Award(Grant) at price 0.00 per share. | BENTON RYAN A | Chief Financial Officer | — | 2025-11-21 00:00:00 | D |
| 6 | 6035 | — | — | Stock Award(Grant) at price 0.00 per share. | MARATHE AJAY M | Chief Operating Officer | — | 2025-11-21 00:00:00 | D |
| 7 | 925 | — | — | Stock Gift at price 0.00 per share. | TALLURI RAJENDRA K. | Chief Executive Officer | — | 2025-11-20 00:00:00 | D |
| 8 | 18614 | 241982 | — | Sale at price 13.00 per share. | MARATHE AJAY M | Chief Operating Officer | — | 2025-10-08 00:00:00 | D |
| 9 | 120000 | 1441200 | — | Sale at price 12.01 per share. | MARATHE AJAY M | Chief Operating Officer | — | 2025-10-02 00:00:00 | D |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | -177.38K | -3.76K | 0.00 | 0.00 |
| TaxRateForCalcs | 0.01 | 0.00 | 0.00 | 0.00 |
| NormalizedEBITDA | -142.62M | -175.05M | -113.91M | -68.03M |
| TotalUnusualItems | -29.56M | -1.25M | 70.26M | -56.14M |
| TotalUnusualItemsExcludingGoodwill | -29.56M | -1.25M | 70.26M | -56.14M |
| NetIncomeFromContinuingOperationNetMinorityInterest | -222.24M | -214.07M | -51.62M | -125.87M |
| ReconciledDepreciation | 44.96M | 34.01M | 7.97M | 1.51M |
| ReconciledCostOfRevenue | 25.12M | 63.06M | 23.24M | 1.97M |
| EBITDA | -172.18M | -176.30M | -43.65M | -124.17M |
| EBIT | -217.14M | -210.31M | -51.62M | -125.69M |
| NetInterestIncome | 5.54M | 9.61M | 5.23M | -150.00K |
| InterestExpense | 6.79M | 4.46M | 0.00 | 187.00K |
| InterestIncome | 12.33M | 14.07M | 5.23M | 37.00K |
| NormalizedIncome | -192.86M | -212.82M | -121.88M | -69.73M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -222.24M | -214.07M | -51.62M | -125.87M |
| TotalExpenses | 223.94M | 230.47M | 133.26M | 69.52M |
| TotalOperatingIncomeAsReported | -242.67M | -230.25M | -131.98M | -69.52M |
| DilutedAverageShares | 175.04M | 159.58M | 154.15M | 117.22M |
| BasicAverageShares | 175.04M | 159.07M | 152.92M | 117.22M |
| DilutedEPS | -1.27 | -1.38 | -0.82 | -1.07 |
| BasicEPS | -1.27 | -1.35 | -0.34 | -1.07 |
| DilutedNIAvailtoComStockholders | -222.24M | -220.25M | -126.80M | -125.87M |
| AverageDilutionEarnings | 0.00 | -6.18M | -75.18M | |
| NetIncomeCommonStockholders | -222.24M | -214.07M | -51.62M | -125.87M |
| NetIncome | -222.24M | -214.07M | -51.62M | -125.87M |
| MinorityInterests | 293.00K | 61.00K | 0.00 | 0.00 |
| NetIncomeIncludingNoncontrollingInterests | -222.53M | -214.13M | -51.62M | -125.87M |
| NetIncomeContinuousOperations | -222.53M | -214.13M | -51.62M | -125.87M |
| TaxProvision | -1.39M | -633.00K | 0.00 | 0.00 |
| PretaxIncome | -223.93M | -214.76M | -51.62M | -125.87M |
| OtherIncomeExpense | -28.61M | -1.56M | 70.20M | -56.20M |
| OtherNonOperatingIncomeExpenses | 954.00K | -304.00K | -54.00K | -61.00K |
| SpecialIncomeCharges | -41.81M | -7.43M | -4.92M | 0.00 |
| ImpairmentOfCapitalAssets | 0.00 | 4.41M | 4.92M | 0.00 |
| RestructuringAndMergernAcquisition | 41.81M | 3.02M | 0.00 | 0.00 |
| GainOnSaleOfSecurity | 12.24M | 6.18M | 75.18M | -56.14M |
| NetNonOperatingInterestIncomeExpense | 5.54M | 9.61M | 5.23M | -150.00K |
| InterestExpenseNonOperating | 6.79M | 4.46M | 0.00 | 187.00K |
| InterestIncomeNonOperating | 12.33M | 14.07M | 5.23M | 37.00K |
| OperatingIncome | -200.86M | -222.82M | -127.06M | -69.52M |
| OperatingExpense | 198.82M | 167.41M | 110.02M | 67.56M |
| ResearchAndDevelopment | 124.51M | 88.39M | 58.05M | 37.85M |
| SellingGeneralAndAdministration | 74.31M | 79.01M | 51.97M | 29.70M |
| GrossProfit | -2.04M | -55.42M | -17.04M | -1.97M |
| CostOfRevenue | 25.12M | 63.06M | 23.24M | 1.97M |
| TotalRevenue | 23.07M | 7.64M | 6.20M | 0.00 |
| OperatingRevenue | 23.07M | 7.64M | 6.20M | 0.00 |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 190.56M | 167.39M | 157.46M | 152.27M |
| ShareIssued | 190.56M | 167.39M | 157.46M | 152.27M |
| TotalDebt | 192.56M | 190.61M | 8.23M | 9.07M |
| TangibleBookValue | 198.13M | 203.88M | 356.43M | 326.12M |
| InvestedCapital | 426.01M | 433.16M | 356.43M | 326.12M |
| WorkingCapital | 241.31M | 262.16M | 306.62M | 377.49M |
| NetTangibleAssets | 198.13M | 203.88M | 356.43M | 326.12M |
| CapitalLeaseObligations | 13.29M | 15.59M | 8.23M | 9.07M |
| CommonStockEquity | 246.74M | 258.15M | 356.43M | 326.12M |
| TotalCapitalization | 416.56M | 427.25M | 356.43M | 326.12M |
| TotalEquityGrossMinorityInterest | 249.40M | 261.10M | 356.43M | 326.12M |
| MinorityInterest | 2.66M | 2.96M | 0.00 | |
| StockholdersEquity | 246.74M | 258.15M | 356.43M | 326.12M |
| GainsLossesNotAffectingRetainedEarnings | -143.00K | -62.00K | 0.00 | |
| OtherEquityAdjustments | -143.00K | -62.00K | ||
| RetainedEarnings | -821.09M | -598.85M | -384.77M | -333.15M |
| AdditionalPaidInCapital | 1.07B | 857.04M | 741.19M | 659.25M |
| CapitalStock | 19.00K | 17.00K | 15.00K | 15.00K |
| CommonStock | 19.00K | 17.00K | 15.00K | 15.00K |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 277.77M | 303.20M | 84.16M | 156.45M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 224.06M | 242.18M | 61.13M | 135.81M |
| OtherNonCurrentLiabilities | 14.00K | 13.00K | 92.00K | 191.00K |
| DerivativeProductLiabilities | 28.38M | 42.90M | 49.08M | 124.26M |
| NonCurrentDeferredLiabilities | 12.56M | 14.58M | 3.72M | 2.29M |
| NonCurrentDeferredRevenue | 3.77M | 3.77M | 3.72M | 2.29M |
| NonCurrentDeferredTaxesLiabilities | 8.78M | 10.80M | 0.00 | |
| LongTermDebtAndCapitalLeaseObligation | 183.11M | 184.69M | 8.23M | 9.07M |
| LongTermCapitalLeaseObligation | 13.29M | 15.59M | 8.23M | 9.07M |
| LongTermDebt | 169.82M | 169.10M | ||
| CurrentLiabilities | 53.70M | 61.02M | 23.03M | 20.64M |
| OtherCurrentLiabilities | 3.04M | 2.44M | 716.00K | 707.00K |
| CurrentDeferredLiabilities | 3.65M | 6.71M | 50.00K | 5.58M |
| CurrentDeferredRevenue | 3.65M | 6.71M | 50.00K | 5.58M |
| CurrentDebtAndCapitalLeaseObligation | 9.45M | 5.92M | ||
| CurrentDebt | 9.45M | 5.92M | ||
| PensionandOtherPostRetirementBenefitPlansCurrent | 8.23M | 10.73M | 8.10M | 4.10M |
| PayablesAndAccruedExpenses | 29.34M | 35.23M | 14.17M | 10.25M |
| CurrentAccruedExpenses | 16.28M | 11.14M | 4.55M | 7.11M |
| Payables | 13.06M | 24.09M | 9.62M | 3.14M |
| TotalTaxPayable | 3.56M | 2.84M | 2.54M | |
| AccountsPayable | 9.49M | 21.25M | 7.08M | 3.14M |
| TotalAssets | 527.17M | 564.30M | 440.59M | 482.56M |
| TotalNonCurrentAssets | 232.16M | 241.13M | 110.94M | 84.44M |
| OtherNonCurrentAssets | 2.13M | 5.10M | 937.00K | 1.16M |
| NonCurrentDeferredAssets | 0.00 | |||
| GoodwillAndOtherIntangibleAssets | 48.61M | 54.27M | 0.00 | |
| OtherIntangibleAssets | 36.39M | 42.17M | ||
| Goodwill | 12.22M | 12.10M | 0.00 | |
| NetPPE | 181.43M | 181.76M | 110.00M | 83.28M |
| AccumulatedDepreciation | -21.00M | -44.37M | -12.02M | -4.59M |
| GrossPPE | 202.43M | 226.13M | 122.02M | 87.87M |
| Leases | 24.57M | 1.88M | ||
| ConstructionInProgress | 18.99M | 68.96M | 33.27M | 71.13M |
| OtherProperties | 13.48M | 15.29M | 6.13M | 6.67M |
| MachineryFurnitureEquipment | 134.87M | 103.79M | 58.05M | 8.19M |
| BuildingsAndImprovements | 33.66M | 36.65M | 24.57M | |
| LandAndImprovements | 1.43M | 1.43M | 0.00 | |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 295.01M | 323.18M | 329.65M | 398.12M |
| OtherCurrentAssets | 9.90M | 5.20M | 5.99M | 8.27M |
| CurrentDeferredAssets | 800.00K | 4.55M | ||
| PrepaidAssets | 8.27M | |||
| Inventory | 7.66M | 8.74M | 634.00K | 0.00 |
| FinishedGoods | 1.06M | 124.00K | 47.00K | |
| WorkInProcess | 2.99M | 6.69M | 106.00K | |
| RawMaterials | 3.62M | 1.93M | 481.00K | |
| Receivables | 4.57M | 2.42M | 170.00K | 0.00 |
| NotesReceivable | 4.00K | 1.51M | 0.00 | |
| AccountsReceivable | 4.57M | 909.00K | 170.00K | 0.00 |
| CashCashEquivalentsAndShortTermInvestments | 272.87M | 306.81M | 322.85M | 385.29M |
| OtherShortTermInvestments | 0.00 | 73.69M | 0.00 | |
| CashAndCashEquivalents | 272.87M | 233.12M | 322.85M | 385.29M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -184.82M | -166.43M | -118.95M | -94.89M |
| RepurchaseOfCapitalStock | -4.00K | -26.00K | -10.00K | -27.00K |
| RepaymentOfDebt | -209.00K | -69.00K | 0.00 | -15.00M |
| IssuanceOfDebt | 4.57M | 172.50M | 0.00 | 15.00M |
| IssuanceOfCapitalStock | 107.19M | 0.00 | 0.00 | 0.00 |
| CapitalExpenditure | -76.19M | -61.80M | -36.21M | -43.58M |
| InterestPaidSupplementalData | 5.69M | 2.76M | 0.00 | |
| IncomeTaxPaidSupplementalData | 185.00K | 0.00 | 0.00 | |
| EndCashPosition | 274.69M | 235.12M | 322.98M | 385.42M |
| BeginningCashPosition | 235.12M | 322.98M | 385.42M | 29.22M |
| EffectOfExchangeRateChanges | -1.17M | 154.00K | 0.00 | 0.00 |
| ChangesInCash | 40.74M | -88.01M | -62.44M | 356.20M |
| FinancingCashFlow | 150.75M | 159.59M | 56.51M | 451.09M |
| CashFlowFromContinuingFinancingActivities | 150.75M | 159.59M | 56.51M | 451.09M |
| NetOtherFinancingCharges | -7.08M | -27.10M | -587.00K | 373.65M |
| ProceedsFromStockOptionExercised | 46.28M | 14.28M | 57.11M | 77.46M |
| NetPreferredStockIssuance | 0.00 | 0.00 | ||
| PreferredStockIssuance | 0.00 | 0.00 | ||
| NetCommonStockIssuance | 107.19M | -26.00K | -10.00K | -27.00K |
| CommonStockPayments | -4.00K | -26.00K | -10.00K | -27.00K |
| CommonStockIssuance | 107.19M | 0.00 | 0.00 | |
| NetIssuancePaymentsOfDebt | 4.36M | 172.43M | 0.00 | 0.00 |
| NetLongTermDebtIssuance | 4.36M | 172.43M | 0.00 | 0.00 |
| LongTermDebtPayments | -209.00K | -69.00K | 0.00 | -15.00M |
| LongTermDebtIssuance | 4.57M | 172.50M | 0.00 | 15.00M |
| InvestingCashFlow | -1.38M | -142.96M | -36.21M | -43.58M |
| CashFlowFromContinuingInvestingActivities | -1.38M | -142.96M | -36.21M | -43.58M |
| NetInvestmentPurchaseAndSale | 74.81M | -71.19M | 0.00 | 0.00 |
| SaleOfInvestment | 106.62M | 67.15M | 0.00 | 0.00 |
| PurchaseOfInvestment | -31.81M | -138.34M | 0.00 | 0.00 |
| NetBusinessPurchaseAndSale | 0.00 | -9.97M | 0.00 | 0.00 |
| PurchaseOfBusiness | 0.00 | -9.97M | 0.00 | 0.00 |
| NetPPEPurchaseAndSale | -76.19M | -61.80M | -36.21M | -43.58M |
| PurchaseOfPPE | -76.19M | -61.80M | -36.21M | -43.58M |
| OperatingCashFlow | -108.63M | -104.64M | -82.74M | -51.31M |
| CashFlowFromContinuingOperatingActivities | -108.63M | -104.64M | -82.74M | -51.31M |
| ChangeInWorkingCapital | -16.36M | 7.10M | 802.00K | 6.14M |
| ChangeInOtherWorkingCapital | -5.75M | -4.67M | -4.09M | 2.37M |
| ChangeInOtherCurrentLiabilities | -2.05M | 188.00K | -48.00K | 519.00K |
| ChangeInPayablesAndAccruedExpense | -4.95M | 8.07M | 4.82M | 6.72M |
| ChangeInAccruedExpense | 3.02M | 1.98M | 2.55M | 5.19M |
| ChangeInPayable | -7.97M | 6.10M | 2.27M | 1.52M |
| ChangeInAccountPayable | -7.97M | 6.10M | 2.27M | 1.52M |
| ChangeInPrepaidAssets | -2.21M | -626.00K | 926.00K | -3.46M |
| ChangeInInventory | 1.07M | 4.51M | -634.00K | 0.00 |
| ChangeInReceivables | -2.46M | -370.00K | -170.00K | 0.00 |
| ChangesInAccountReceivables | -170.00K | 0.00 | ||
| OtherNonCashItems | 448.00K | 703.00K | 60.00K | |
| StockBasedCompensation | 58.84M | 69.45M | 30.37M | 10.71M |
| AssetImpairmentCharge | 38.26M | 4.41M | 4.92M | 0.00 |
| DepreciationAmortizationDepletion | 44.96M | 34.01M | 7.97M | 1.51M |
| DepreciationAndAmortization | 44.96M | 34.01M | 7.97M | 1.51M |
| Depreciation | 44.96M | 34.01M | 7.97M | 1.51M |
| OperatingGainsLosses | -12.24M | -6.18M | -75.18M | 56.14M |
| GainLossOnInvestmentSecurities | -12.24M | -6.18M | -75.18M | 56.14M |
| NetIncomeFromContinuingOperations | -222.53M | -214.13M | -51.62M | -125.87M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for ENVX
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|