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 | 1.34B |
| Enterprise Value | 1.28B | 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 | -10.28 | PEG | — |
| P/S | 44.22 | P/B | 4.39 | P/C | — |
| EV/EBITDA | -9.50 | EV/Sales | 42.30 | Quick Ratio | 9.30 |
| Current Ratio | 9.72 | Debt/Eq | 182.69 | LT Debt/Eq | — |
| EPS (ttm) | -0.86 | 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 | 6.92M |
| Target Price | $26.90 | Recom | Strong_buy | Prev Close | $6.11 |
| Price | $6.15 | Change | 0.65% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$26.90
Mean price target
2. Current target
$6.15
Latest analyst target
3. DCF / Fair value
$-5.41
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$6.15
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 |
- Why Did ENVX Stock Dip After-Hours Despite Q4 Earnings Beat? - Stocktwits hu, 26 Feb 2026 01
- How Investors May Respond To Enovix (ENVX) Q4 Beat Amid Cautious Analyst Sentiment - simplywall.st hu, 26 Feb 2026 01
- Enovix Corporation (ENVX) Reports Q4 Loss, Beats Revenue Estimates - Nasdaq hu, 26 Feb 2026 00
- $ENVX stock is down 3% today. Here's what we see in our data. - Quiver Quantitative Mon, 23 Feb 2026 19
- Enovix Delivers Better-Than-Expected Q4 Results - Benzinga Wed, 25 Feb 2026 22
- Enovix (NASDAQ:ENVX) Releases Q1 2026 Earnings Guidance - MarketBeat Wed, 25 Feb 2026 21
- Enovix Q4 2025 slides: defense drives beat, smartphone launch nears - Investing.com hu, 26 Feb 2026 00
- Enovix Announces New Share Buyback and Record Revenue - TipRanks Wed, 25 Feb 2026 22
- 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
- Analysts’ Top Industrial Goods Picks: GrafTech International (EAF), Enovix (ENVX) - The Globe and Mail ue, 24 Feb 2026 20
- Enovix (NASDAQ:ENVX) Announces Earnings Results - MarketBeat Wed, 25 Feb 2026 23
- Enovix (ENVX) Is Down 12.1% After Overhauling Operations Leadership For High-Volume Battery Production - simplywall.st Sat, 31 Jan 2026 08
- Earnings call transcript: Enovix Q4 2025 beats forecasts and sees stock uptick - Investing.com India Wed, 25 Feb 2026 23
- ENVX Stock Before Q3 Earnings: Should You Buy Now or Wait for Results? - Yahoo Finance Fri, 31 Oct 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 |
|---|