Enovix Corporation ENVX

2.87 (0.09) (3.04%) as of 25 Sep
Market cap
$658.1M
P/E
0.0×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 1.70
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell 2 — — 1 — — — — — — — —
Insider Ownership 13.13%

Capital & Financial Ratios

Market Cap 658.13
Revenue 35.88
Net Income (170.14)
Free Cash Flow (124.20)
Net Debt 55.81
Current Ratio 9.71
Debt/Equity 2.51
P/E ratio 0.00
P/S ratio 17.48
P/B ratio 2.96
Past 5Y EPS Growth 2.05%
This Y EPS Growth (4.81%)
Next Y EPS Growth (4.24%)
Next 5Y EPS Growth 32.24%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 307 273 512 476
Receivables 1 5 4 3
Inventory 9 8 14 18
Other — — — —
323 295 542 506
2023 2024 2025 Q'26
Payables 21 9 18 12
ST’ Debt 6 9 10 11
Other 2 3 12 7
61 54 65 52
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — 72.48%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 49.89% (8.39%)

Revenue

Mar Jun Sep Dec Year
’26 8 9 — — —
’25 5 7 8 11 32
’24 5 4 4 10 23
’23 0 0 0 7 8
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (33) (22) — — —
’25 (17) (26) (26) (27) (95)
’24 (35) (27) (31) (16) (109)
’23 (26) (24) (28) (27) (105)
’22 (20) (21) (21) (22) (83)
’21 (9) (7) (19) (17) (51)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (36) (31) — — —
’25 (23) (34) (28) (28) (114)
’24 (50) (52) (50) (32) (185)
’23 (29) (36) (45) (56) (166)
’22 (30) (25) (37) (27) (119)
’21 (16) (20) (30) (29) (95)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.18) (0.20) — — —
’25 (0.12) (0.22) (0.27) (0.16) (0.75)
’24 (0.28) (0.67) (0.12) (0.20) (1.27)
’23 (0.47) (0.41) (0.10) (0.36) (1.38)
’22 0.28 (0.01) (0.53) (0.07) (0.33)
’21 (0.17) (0.15) (0.08) (0.60) (1.07)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.9
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — 11.65 7.26 6.50 5.70 5.27

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — 39.48 28.17 23.90 18.68 16.49
High Price
— — — — — 215 335 560 570 664
Employees
— — — — — 0 0 0 0 0
Revenue/Emp
— — — — — — 6 8 23 32
Revenue
— — — — 0.00% 0.00% (274.70%) (724.97%) (8.86%) 19.19%
Gross Margin
— — — — (40) (126) (52) (215) (224) (158)
EBT
— — — — 0.00% 0.00% (832.34%) (2,809.59%) (970.47%) (496.27%)
EBT Margin
— 0 — — (40) (126) (52) (214) (223) (157)
Net Income
— — — — 1 2 8 34 45 35
Depreciation
— — — — 0.00 0.00 0.04 0.05 0.12 0.15
Revenue/Sh
— — — — (0.49) (1.07) (0.34) (1.35) (1.27) (0.75)
Earnings/Sh
— — — — (0.25) (0.44) (0.54) (0.62) (0.58) (0.46)
Cash Flow/Sh
— — — — (0.34) (0.37) (0.24) (0.37) (0.41) (0.09)
Capex/Sh
— — — — (0.58) (0.81) (0.78) (0.98) (0.99) (0.55)
Free CF/Sh
— — — — 0.45 2.78 2.33 1.54 1.34 1.32
Book Value/Sh
— — — — 80 117 153 169 186 208
Shares
— — — — — — 0.00 0.00 0.00 0.00
PE Ratio
— — — — — — 0.00 270.27 87.64 47.70
PS Ratio
— — — — — — 5.20 7.91 8.11 5.54
PB Ratio
— — — — — — 0.00 253.03 83.59 48.24
EV/Sales
— — — — — — (13.06) (11.62) (10.44) (13.52)
EV/FCF
— — — — (20) (51) (83) (105) (109) (95)
Op' Cash Flow
— — — — (27) (44) (36) (62) (76) (18)
Capex
— — — — (47) (95) (119) (166) (185) (114)
FCF
— — — — 22 377 307 262 241 477
Working Cap'
— — — — — 9 8 175 179 529
Total Debt
— — — — (29) (376) (315) (132) (94) 17
Net Debt
— — — — 36 326 356 261 249 274
Sh' Equity
— — — — (122.07%) (45.98%) (11.18%) (42.61%) (40.72%) (22.29%)
ROA
— — — — (207.92%) 0.00% (197.29%) (111.30%) (97.34%) (38.06%)
ROIC
— — — — (21.89%) (69.48%) (15.13%) (69.33%) (87.07%) (59.89%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Enovix Corporation peers in Electrical Equipment & Parts

All 52 Electrical Equipment & Parts stocks →

Enovix Corporation (ENVX) key facts

  • Enovix Corporation (ENVX) is an Electrical Equipment & Parts company in the Industrials sector, listed on Nasdaq.
  • Enovix Corporation’s revenue for fiscal 2025 (year ended December 2025) was $31.8 million, up 37.9% from fiscal 2024.
  • Enovix Corporation reported a net loss of $156.6 million, or a loss of $0.75 per share, for fiscal 2025.
  • As of September 25, 2026, ENVX traded at $2.87, a market capitalization of $658.1 million.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 17.5× sales.
  • Return on equity was −59.9% and debt-to-equity 2.51.

Source: company filings (standardised) and stockrow calculations.

Enovix Corporation (ENVX) Latest News

News by impact score

Fine-tune

1 Sep

4

Enovix Corporation's TAA-compliant battery manufacturing strengthens its position in the U.S. defense supply chain. TAA compliance enables major defense contracts that can shift revenue trajectory and investor outlook.

25 Aug

4

Enovix plans expansion to double drone battery capacity backed by $183M pipeline whose adequacy for the move remains in question. Major strategic move into drone batteries could significantly shift Enovix trajectory and investor sentiment.

21 Aug

3

Enovix undergoes leadership turnover while pursuing expansion in Korea. Leadership turnover introduces operational uncertainty while Korea expansion offers manufacturing growth potential with balanced net effects.

20 Aug

4

Enovix Corporation plans to double its drone battery production capacity in Korea. Doubling Korea drone battery capacity marks a major expansion in Enovix production and market positioning.

3

Multiple headwinds have weighed on Enovix Corp’s performance, pressuring operations and results. Headwinds signal ongoing operational and market pressures that may limit near-term performance.

18 Aug

3

Enovix Corporation announced a CEO transition and conducted a webcast to report details on the change. Leadership change introduces potential shifts in strategy and operations that may influence near-term market sentiment.

17 Aug

3

Enovix Corporation announces CEO transition and launches search for new leadership. CEO transition creates leadership uncertainty that can moderately influence strategy and near-term investor sentiment at Enovix.

14 Aug

4

Enovix posted strong Q2 results with advancing smart eyewear momentum and completed share buybacks, directly supporting shareholder value. Strong Q2 results, eyewear progress and buyback completion indicate major positive shifts in financial performance and market trajectory.

4

Enovix (ENVX) stock could be 66% below fair value with revenue and guidance both improving. Revenue and guidance gains point to stronger financial results that can materially lift valuation and investor sentiment.

13 Aug

4 transcript

Enovix Corporation held its Q2 2026 earnings call covering financial results, operational updates and future guidance. Earnings call delivers financial results and strategic outlook that directly shape investor sentiment and stock trajectory.

4

Enovix Corporation's Q2 2026 earnings call highlighted acceleration of smart eyewear production ramp and surge in drone pipeline. Smart eyewear ramp and drone pipeline surge represent major product and market expansions with potential to significantly alter company trajectory.

12 Aug

3

ENVX shares dropped overnight despite a Q2 earnings beat, as retail investors stayed bullish while the CEO cited ongoing demand from smartphones, wearables and defense. Q2 beat plus CEO demand signals in core markets point to moderate effects on operations and sentiment without major trajectory shift.

3 transcript

Enovix Q2 earnings call highlighted financial results, operational updates, and forward guidance. Q2 earnings details provide moderate insight into financial trajectory and operations.

3

Enovix Corporation reported its second quarter 2026 financial results. Quarterly earnings releases typically influence short-term stock price movements for the reporting company.

9 Jul

4

Enovix appoints Michael Vyvoda, former Apple operations leader, as Chief Operating Officer to lead global manufacturing ramp. Hiring of senior Apple manufacturing executive directly targets Enovix production scale-up execution.

3

Enovix appointed former Apple executive as COO, triggering a jump in ENVX shares. Executive hire adds operational expertise and lifts near-term sentiment but does not alter core technology or market position.

3

ENVX stock surges on reports linking the company to Apple. Mention of an AAPL connection may lift short-term sentiment without confirming major contracts or revenue shifts.

18 May

4

Enovix capitalizes on secular growth drivers and battery innovations to strengthen its market position and long-term prospects. Battery innovations aligned with secular growth drivers are likely to significantly boost Enovix's competitive trajectory and investor sentiment.

14 May

4

Enovix advances smartphone battery qualification and appoints new sales leadership, prompting valuation reassessment amid growth potential. Smartphone qualification progress and new sales leadership represent significant steps toward commercialization and revenue acceleration.

4

Enovix Corp (ENVX) reported strong revenue growth and key strategic alignments in its Q1 2026 earnings call highlights. Strong revenue growth and strategic alignments represent major positive developments likely to boost ENVX's financial performance and investor confidence.

3 transcript

Enovix Corporation reported Q1 2026 financial results and strategic updates in its earnings call, including revenue figures, production milestones, and forward guidance on battery technology deployment. Q1 earnings call supplies financial metrics and guidance that can shift short-term valuation and operational focus without guaranteeing structural change.

13 May

4

Enovix Corporation released Q1 earnings call highlights covering financial results, production updates, and outlook for its advanced silicon-anode batteries. Q1 earnings highlights detail financial performance, operational progress, and guidance that significantly shape ENVX's market trajectory and investor sentiment.

4 transcript

Enovix (ENVX) released Q1 2026 earnings call transcript detailing financial results, operational updates, and future outlook. Quarterly earnings transcripts disclose critical financials and guidance that significantly influence ENVX trajectory and investor sentiment.

4

Enovix Corporation reported first quarter 2026 results, highlighting financial performance, operational updates, and forward guidance for the advanced battery technology firm. Q1 2026 earnings disclosure provides critical financial metrics and outlook shaping ENVX's valuation and investor confidence.

3

Enovix Corporation (ENVX) reported a Q1 loss but beat revenue estimates. Q1 revenue beat despite loss moderately influences financial performance and investor sentiment without fundamentally altering trajectory.

3

Enovix Corporation (ENVX) stock dropped sharply despite reporting Q1 earnings that beat analyst estimates, with details pointing to investor concerns over guidance or other factors. Earnings beat highlights solid Q1 financials but stock decline reflects market disappointment likely from forward guidance, moderately affecting sentiment and performance.

11 May

3

Investor who backed Nvidia in 2016 and a memory-chip maker in 2024 makes third conviction call on Enovix Corporation (ENVX), highlighting strong belief in its potential. Proven investor's conviction endorsement boosts ENVX market sentiment and short-to-medium-term performance without fundamentally altering operations.

10 May

4

Enovix Corporation advances its silicon battery technology development ahead of Q1 earnings. Advancing silicon battery push signals major progress in core technology, potentially altering competitive trajectory and investor sentiment.

5 May

4

Enovix Corporation appoints Steve Bakos as Senior Vice President of Worldwide Sales to support commercial scale-up and revenue growth. Appointing an experienced sales executive signals a major strategic push for revenue acceleration and global commercialization.

3 May

3

Enovix Corporation (ENVX) faces scrutiny on its investment merits amid silicon-anode battery advancements, production ramps, cash burn concerns, and competition from established players, with analysts split on buy recommendations. Debate on buy potential highlights moderate influences from operational progress and financial risks without transformative shifts.

stockrow.com/ENVX · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com