ENVX Company Profile and Key Details

Short-term trend indicators are bullishly aligned (SMA20 -4.09%, SMA50 -16.98%, SMA200 -37.2%). The stock’s 14-day RSI is 39.7 (weak momentum), while the ATR of 0.48 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -63.92% below its high and over 12.9% above its low. Average 10-day trading volume of 4.37 million shares is below the 3-month average of 5.95 million, indicating normal recent market interest.

Enovix Corporation last paid a dividend of 0 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around -$5.58. This means the shares are trading below this model’s fair value.

Enovix Corporation generated EPS of -$0.81 over the past year. Five-year average earnings growth is 2.05%. The latest quarter delivered EPS of -$0.14. The next quarter is forecast at -$0.15. Next year's EPS is expected at $1.59. Analyst sentiment is bullish. Analyst rating data shows there are 1 Strong Buy ratings, 7 Buy ratings, 4 Hold ratings, 0 Sell rating and 0 Strong Sell ratings. Price targets range from $25.00 to $6.00. The high target offers 270.37% upside. The low target suggests -11.11% downside. The mean target is $17.08. This offers 153.04% upside. Enovix Corporation earnings surprise history is frequent misses against expectations. The quarter that ended February 25, 2026, missed forecasts by -17.65%. The prior quarter beat by -12.5%. Over the last six quarters, Apple has recorded several small beats. These include -15.0% in October 29, 2024.

Enovix Corporation (NASDAQ:ENVX) closed at $6.75 USD, losing -$0.02 (-0.30%) from the previous close of $6.77. The stock is currently mid-range between its 52-week high and low $4.62 and $16.49. With a market capitalization of about $1.47 billion, Enovix Corporation is classified as a small-cap and shows higher-than-market volatility (beta ~2.16). Key stats such as the average daily volume over the past year has been around 5.79 million shares, in line with its 52-week average. Headquartered in Fremont, CA, Enovix Corporation operates in the Industrials sector and the Electrical Equipment & Parts industry. Led by CEO Raj Talluri, the company employs approximately 570 people and listed since January 05, 2021. Enovix Corporation designs, develops, and manufactures lithium-ion batteries.

Enovix Corporation has 196.60 million shares outstanding. The public float is 172.95 million shares, elevated short interest at 29.07% of float. This equals 42.95 million shares. The short ratio is 4.08 days. Institutional investors hold 53.63% of the float. Insiders own 12.81%. Park West Asset Management LLC holds 6.44 million shares, RUST HARROLD J has 1.37 million shares and Lahiri Ashok has 1.36 million shares. Over the past six months, insider transactions show net selling. They sold 2.30 thousand shares across 1 transactions.

Enovix Corporation trades at a P/E ratio of -8.92, slightly below the S&P 500 average, with a price-to-sales ratio of 45.94 and a price-to-book ratio of 5.15 trading at moderately above to book value. The P/FCF stands at -12.88, also below market averages.

Enovix Corporation (NASDAQ:ENVX) shares are flat 1.03% year-to-date currently trading near 52-week highs band. Short-term momentum has been negative over the last quarter, despite recent volatility. Valuation shows Enovix Corporation trading at a premium to the broader market with a P/E of -8.92. Analyst sentiment is mixed, with the majority of ratings in Neutral territory and a mean price target of $24.46, suggesting 262.37% upside. Our AI forecast model points to short-term strength (10.22% over two weeks), a medium-term rise (101.04% over three months), and a longer-term loss (-8.3% over one year), with expected trading ranges indicating moderate volatility.

Our AI price prediction model suggests that Enovix Corporation stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected increase of 10.22%, with price expected at $7.44 by May 18, 2026, within a range of $7.14 to $7.78 3-Month Outlook: Projected rise of 101.04%, reaching $13.57 by July 31, 2026, with a range of $12.57 to $14.44. 1-Year Outlook: Projected loss of -8.3%, with price at $6.19 by May 04, 2027, within a range of $0.00 to $7.91.