Symbols / ENVX Stock $6.97 -2.92% Enovix Corporation

Industrials • Electrical Equipment & Parts • United States • NMS
ENVX (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Industrials
Industry Electrical Equipment & Parts
CEO Dr. Raj Talluri Ph.D.
Exch · Country NMS · United States
Market Cap 1.52B
Enterprise Value 1.51B
Income -156.74M
Sales 31.82M
FCF (ttm) -58.63M
Book/sh 1.28
Cash/sh 2.42
Employees 664
Insider 10d —
IPO Jan 05, 2021
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout —
P/E —
Forward P/E -13.66
PEG —
P/S 47.72
P/B 5.42
P/C —
EV/EBITDA -10.68
EV/Sales 47.49
Quick Ratio 7.94
Current Ratio 8.34
Debt/Eq 198.64
LT Debt/Eq —
EPS (ttm) -0.75
EPS next Y -0.51
EPS Growth —
Revenue Growth 15.90%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-05-13
Earnings (prior) 2026-02-25
ROA -15.70%
ROE -59.84%
ROIC —
Gross Margin 19.18%
Oper. Margin -3.90%
Profit Margin 0.00%
Shs Outstand 217.85M
Shs Float 185.51M
Insider Own 11.35%
Instit Own 51.80%
Short Float 27.24%
Short Ratio 9.29
Short Interest 52.93M
52W High 16.49
vs 52W High -57.73%
52W Low 4.62
vs 52W Low 51.03%
Beta 2.23
Impl. Vol. 1.56%
Rel Volume 1.19
Avg Volume 5.81M
Volume 6.91M
Target (mean) $14.55
Tgt Median $12.50
Tgt Low $6.00
Tgt High $25.00
# Analysts 10
Recom Buy
Prev Close $7.18
Price $6.97
Change -2.92%
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 2006 and is headquartered in Fremont, California.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$14.55
Mean price target
2. Current target
$6.97
Latest analyst target
3. DCF / Fair value
$-4.84
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$6.97
Low
$6.00
High
$25.00
Mean
$14.55

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-06 down JP Morgan Neutral → Underweight —
2026-03-12 init B of A Securities — → Neutral $6
2026-02-26 main Canaccord Genuity Buy → Buy $15
2026-02-26 main Craig-Hallum Buy → Buy $10
2026-02-26 main TD Cowen Hold → Hold $8
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
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-01 BENTON RYAN A Chief Financial Officer — 249,003 $0.00 $0
2026-04-01 TALLURI RAJENDRA K. Chief Executive Officer — 697,211 $0.00 $0
2026-04-01 CHAKRAVARTHY ARTHI Officer — 159,362 $0.00 $0
2026-04-01 TRUONG KRISTINA Officer — 99,601 $0.00 $0
2026-03-16 TRUONG KRISTINA Officer — 6,000 $0.00 $0
2026-02-18 TALLURI RAJENDRA K. Chief Executive Officer — 259,611 $0.00 $0
2026-02-18 CHAKRAVARTHY ARTHI Officer — 58,500 $0.00 $0
2026-02-18 TRUONG KRISTINA Officer — 35,278 $0.00 $0
2025-12-31 TRUONG KRISTINA Officer — 2,296 $7.31 $16,784
2025-12-08 CHAKRAVARTHY ARTHI Officer — 2,777 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
31.82
+37.91%
23.07
+201.86%
7.64
+23.25%
6.20
Operating Revenue
31.82
+37.91%
23.07
+201.86%
7.64
+23.25%
6.20
Cost Of Revenue
25.72
+2.38%
25.12
-60.17%
63.06
+171.36%
23.24
Reconciled Cost Of Revenue
25.72
+2.38%
25.12
-60.17%
63.06
+171.36%
23.24
Gross Profit
6.11
+398.53%
-2.04
+96.31%
-55.42
-225.27%
-17.04
Operating Expense
183.36
-7.77%
198.82
+18.76%
167.41
+52.16%
110.02
Research And Development
110.33
-11.38%
124.51
+40.86%
88.39
+52.27%
58.05
Selling General And Administration
73.03
-1.73%
74.31
-5.95%
79.01
+52.04%
51.97
Total Expenses
209.07
-6.64%
223.94
-2.83%
230.47
+72.95%
133.26
Operating Income
-177.25
+11.75%
-200.86
+9.86%
-222.82
-75.37%
-127.06
Total Operating Income As Reported
-177.25
+26.96%
-242.67
-5.39%
-230.25
-74.46%
-131.98
EBITDA
-101.21
+41.22%
-172.18
+2.34%
-176.30
-303.89%
-43.65
Normalized EBITDA
-127.80
+10.39%
-142.62
+18.53%
-175.05
-53.67%
-113.91
Reconciled Depreciation
35.11
-21.91%
44.96
+32.20%
34.01
+326.61%
7.97
EBIT
-136.32
+37.22%
-217.14
-3.25%
-210.31
-307.40%
-51.62
Total Unusual Items
26.59
+189.95%
-29.56
-2261.26%
-1.25
-101.78%
70.26
Total Unusual Items Excluding Goodwill
26.59
+189.95%
-29.56
-2261.26%
-1.25
-101.78%
70.26
Special Income Charges
4.76
+111.39%
-41.81
-462.53%
-7.43
-51.03%
-4.92
Impairment Of Capital Assets
0.00
0.00
-100.00%
4.41
-10.36%
4.92
Restructuring And Mergern Acquisition
-4.76
-111.39%
41.81
+1283.88%
3.02
0.00
Net Income
-156.74
+29.47%
-222.24
-3.82%
-214.07
-314.69%
-51.62
Pretax Income
-157.92
+29.48%
-223.93
-4.27%
-214.76
-316.03%
-51.62
Net Non Operating Interest Income Expense
-8.60
-255.08%
5.54
-42.32%
9.61
+83.79%
5.23
Interest Expense Non Operating
21.60
+218.21%
6.79
+52.31%
4.46
0.00
Net Interest Income
-8.60
-255.08%
5.54
-42.32%
9.61
+83.79%
5.23
Interest Expense
21.60
+218.21%
6.79
+52.31%
4.46
0.00
Interest Income Non Operating
13.00
+5.40%
12.33
-12.35%
14.07
+168.97%
5.23
Interest Income
13.00
+5.40%
12.33
-12.35%
14.07
+168.97%
5.23
Other Income Expense
27.93
+197.64%
-28.61
-1738.62%
-1.56
-102.22%
70.20
Other Non Operating Income Expenses
1.34
+40.57%
0.95
+413.82%
-0.30
-462.96%
-0.05
Gain On Sale Of Security
21.83
+78.31%
12.24
+98.12%
6.18
-91.78%
75.18
Tax Provision
-1.31
+5.75%
-1.39
-119.91%
-0.63
0.00
Tax Rate For Calcs
0.00
+28.70%
0.00
+107.20%
0.00
0.00
Tax Effect Of Unusual Items
0.21
+215.76%
-0.18
-4792.80%
-0.00
0.00
Net Income Including Noncontrolling Interests
-156.61
+29.63%
-222.53
-3.92%
-214.13
-314.81%
-51.62
Net Income From Continuing Operation Net Minority Interest
-156.74
+29.47%
-222.24
-3.82%
-214.07
-314.69%
-51.62
Net Income From Continuing And Discontinued Operation
-156.74
+29.47%
-222.24
-3.82%
-214.07
-314.69%
-51.62
Net Income Continuous Operations
-156.61
+29.63%
-222.53
-3.92%
-214.13
-314.81%
-51.62
Minority Interests
-0.13
-145.73%
0.29
+380.33%
0.06
0.00
Normalized Income
-183.12
+5.05%
-192.86
+9.38%
-212.82
-74.62%
-121.88
Net Income Common Stockholders
-156.74
+29.47%
-222.24
-3.82%
-214.07
-314.69%
-51.62
Diluted EPS
-0.75
+40.94%
-1.27
+7.97%
-1.38
-68.29%
-0.82
Basic EPS
-0.75
+40.94%
-1.27
+5.93%
-1.35
-297.06%
-0.34
Basic Average Shares
207.64
+18.62%
175.04
+10.04%
159.07
+4.02%
152.92
Diluted Average Shares
207.64
+18.62%
175.04
+9.69%
159.58
+3.52%
154.15
Diluted NI Availto Com Stockholders
-156.74
+29.47%
-222.24
-0.90%
-220.25
-73.70%
-126.80
Average Dilution Earnings
0.00
0.00
+100.00%
-6.18
+91.78%
-75.18
Line Item Trend 2025-12-31
Total Assets
878.98
Current Assets
542.21
Cash Cash Equivalents And Short Term Investments
512.04
Cash And Cash Equivalents
106.01
Other Short Term Investments
406.03
Receivables
8.43
Accounts Receivable
4.42
Inventory
13.62
Raw Materials
6.62
Work In Process
6.09
Finished Goods
0.91
Prepaid Assets
—
Current Deferred Assets
—
Other Current Assets
8.12
Total Non Current Assets
336.76
Net PPE
181.94
Gross PPE
231.66
Accumulated Depreciation
-49.72
Properties
0.00
Land And Improvements
5.17
Buildings And Improvements
42.88
Machinery Furniture Equipment
158.42
Construction In Progress
13.52
Other Properties
11.68
Leases
—
Goodwill And Other Intangible Assets
43.85
Goodwill
12.22
Other Intangible Assets
31.64
Investments And Advances
106.81
Non Current Deferred Assets
—
Other Non Current Assets
4.16
Total Liabilities Net Minority Interest
604.96
Current Liabilities
65.02
Payables And Accrued Expenses
31.81
Payables
18.21
Accounts Payable
17.82
Current Accrued Expenses
13.60
Pensionand Other Post Retirement Benefit Plans Current
6.22
Total Tax Payable
0.39
Current Debt And Capital Lease Obligation
9.87
Current Debt
9.87
Other Current Borrowings
9.87
Current Deferred Liabilities
5.01
Current Deferred Revenue
5.01
Other Current Liabilities
12.11
Total Non Current Liabilities Net Minority Interest
539.95
Long Term Debt And Capital Lease Obligation
530.51
Long Term Debt
519.27
Long Term Capital Lease Obligation
11.24
Non Current Deferred Liabilities
9.42
Non Current Deferred Revenue
0.30
Non Current Deferred Taxes Liabilities
9.12
Other Non Current Liabilities
0.01
Stockholders Equity
271.21
Common Stock Equity
271.21
Capital Stock
0.02
Common Stock
0.02
Preferred Stock
—
Share Issued
221.99
Ordinary Shares Number
216.56
Treasury Shares Number
5.44
Additional Paid In Capital
1,307.91
Retained Earnings
-977.83
Gains Losses Not Affecting Retained Earnings
-0.51
Treasury Stock
58.38
Minority Interest
2.80
Other Equity Adjustments
-0.51
Total Equity Gross Minority Interest
274.01
Total Capitalization
790.49
Working Capital
477.19
Invested Capital
800.35
Total Debt
540.38
Net Debt
423.12
Capital Lease Obligations
11.24
Net Tangible Assets
227.36
Tangible Book Value
227.36
Derivative Product Liabilities
0.00
Interest Payable
5.82
Notes Receivable
4.01
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-95.29
+12.28%
-108.63
-3.82%
-104.64
-26.46%
-82.74
Cash Flow From Continuing Operating Activities
-95.29
+12.28%
-108.63
-3.82%
-104.64
-26.46%
-82.74
Net Income From Continuing Operations
-156.61
+29.63%
-222.53
-3.92%
-214.13
-314.81%
-51.62
Depreciation Amortization Depletion
35.11
-21.91%
44.96
+32.20%
34.01
+326.61%
7.97
Depreciation
35.11
-21.91%
44.96
+32.20%
34.01
+326.61%
7.97
Depreciation And Amortization
35.11
-21.91%
44.96
+32.20%
34.01
+326.61%
7.97
Other Non Cash Items
5.17
+1054.46%
0.45
-36.27%
0.70
—
Stock Based Compensation
49.37
-16.10%
58.84
-15.28%
69.45
+128.71%
30.37
Asset Impairment Charge
0.00
-100.00%
38.26
+767.33%
4.41
-10.36%
4.92
Operating Gains Losses
-21.83
-78.31%
-12.24
-98.12%
-6.18
+91.78%
-75.18
Gain Loss On Investment Securities
-21.83
-78.31%
-12.24
-98.12%
-6.18
+91.78%
-75.18
Change In Working Capital
-6.50
+60.25%
-16.36
-330.38%
7.10
+785.41%
0.80
Change In Receivables
-3.94
-59.63%
-2.46
-566.22%
-0.37
-117.65%
-0.17
Changes In Account Receivables
—
—
—
-0.17
Change In Inventory
-5.51
-613.51%
1.07
-76.20%
4.51
+811.20%
-0.63
Change In Prepaid Assets
-0.09
+96.16%
-2.21
-253.19%
-0.63
-167.60%
0.93
Change In Payables And Accrued Expense
6.24
+226.04%
-4.95
-161.37%
8.07
+67.52%
4.82
Change In Accrued Expense
1.55
-48.47%
3.02
+52.55%
1.98
-22.38%
2.55
Change In Payable
4.69
+158.85%
-7.97
-230.74%
6.10
+168.31%
2.27
Change In Account Payable
4.69
+158.85%
-7.97
-230.74%
6.10
+168.31%
2.27
Change In Other Working Capital
-3.29
+42.80%
-5.75
-23.15%
-4.67
-14.23%
-4.09
Change In Other Current Liabilities
0.07
+103.66%
-2.05
-1188.83%
0.19
+491.67%
-0.05
Investing Cash Flow
-538.27
-38933.28%
-1.38
+99.04%
-142.96
-294.78%
-36.21
Cash Flow From Continuing Investing Activities
-538.27
-38933.28%
-1.38
+99.04%
-142.96
-294.78%
-36.21
Net PPE Purchase And Sale
-18.22
+76.08%
-76.19
-23.29%
-61.80
-70.65%
-36.21
Purchase Of PPE
-18.22
+76.08%
-76.19
-23.29%
-61.80
-70.65%
-36.21
Capital Expenditure
-18.22
+76.08%
-76.19
-23.29%
-61.80
-70.65%
-36.21
Net Investment Purchase And Sale
-510.05
-781.80%
74.81
+205.08%
-71.19
0.00
Purchase Of Investment
-584.94
-1738.73%
-31.81
+77.00%
-138.34
0.00
Sale Of Investment
74.89
-29.76%
106.62
+58.78%
67.15
0.00
Net Business Purchase And Sale
-10.00
0.00
+100.00%
-9.97
0.00
Purchase Of Business
-10.00
0.00
+100.00%
-9.97
0.00
Financing Cash Flow
467.38
+210.04%
150.75
-5.54%
159.59
+182.40%
56.51
Cash Flow From Continuing Financing Activities
467.38
+210.04%
150.75
-5.54%
159.59
+182.40%
56.51
Net Issuance Payments Of Debt
359.08
+8130.14%
4.36
-97.47%
172.43
0.00
Issuance Of Debt
360.00
+7774.02%
4.57
-97.35%
172.50
0.00
Repayment Of Debt
-0.92
-339.71%
-0.21
-202.90%
-0.07
0.00
Long Term Debt Issuance
360.00
+7774.02%
4.57
-97.35%
172.50
0.00
Long Term Debt Payments
-0.92
-339.71%
-0.21
-202.90%
-0.07
0.00
Net Long Term Debt Issuance
359.08
+8130.14%
4.36
-97.47%
172.43
0.00
Net Common Stock Issuance
-58.38
-154.47%
107.19
+412361.54%
-0.03
-160.00%
-0.01
Common Stock Payments
-58.38
-1459525.00%
-0.00
+84.62%
-0.03
-160.00%
-0.01
Repurchase Of Capital Stock
-58.38
-1459525.00%
-0.00
+84.62%
-0.03
-160.00%
-0.01
Proceeds From Stock Option Exercised
236.77
+411.64%
46.28
+224.11%
14.28
-75.00%
57.11
Net Other Financing Charges
-70.08
-890.01%
-7.08
+73.88%
-27.10
-4516.35%
-0.59
Changes In Cash
-166.18
-507.92%
40.74
+146.29%
-88.01
-40.94%
-62.44
Effect Of Exchange Rate Changes
-0.54
+54.15%
-1.17
-859.09%
0.15
0.00
Beginning Cash Position
274.69
+16.83%
235.12
-27.20%
322.98
-16.20%
385.42
End Cash Position
107.98
-60.69%
274.69
+16.83%
235.12
-27.20%
322.98
Free Cash Flow
-113.51
+38.58%
-184.82
-11.05%
-166.43
-39.91%
-118.95
Interest Paid Supplemental Data
5.67
-0.46%
5.69
+106.53%
2.76
0.00
Income Tax Paid Supplemental Data
1.13
+512.97%
0.18
0.00
0.00
Common Stock Issuance
0.00
-100.00%
107.19
0.00
0.00
Issuance Of Capital Stock
0.00
-100.00%
107.19
0.00
0.00
Net Preferred Stock Issuance
—
—
—
0.00
Preferred Stock Issuance
—
—
—
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category