ENVX Stock Overview
Designs, develops, and manufactures lithium-ion batteries. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Enovix Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$11.00 |
| 52 Week High | US$18.68 |
| 52 Week Low | US$5.70 |
| Beta | 1.93 |
| 1 Month Change | 18.92% |
| 3 Month Change | 28.21% |
| 1 Year Change | -12.14% |
| 3 Year Change | -59.50% |
| 5 Year Change | n/a |
| Change since IPO | -12.35% |
Recent News & Updates
Enovix: Potentially Powering Android XR's Success
Dec 16Enovix: Buckle Up, Near-Term Commercialization Will Bring The Company Forward
Dec 04Recent updates
Enovix: Potentially Powering Android XR's Success
Dec 16Enovix: Buckle Up, Near-Term Commercialization Will Bring The Company Forward
Dec 04Enovix: Battery Tech Company Hinging On High Expectations
Nov 13Enovix Corporation (NASDAQ:ENVX) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Oct 31
Enovix: Surprise Capital Raise Not Likely To Bode Well With Investors - Sell
Oct 31Enovix: Fully Charged To Move Higher
Oct 17Enovix: Show-Me Story Continues - Sell
Oct 05Enovix: Executing On Commercialization And Manufacturing Milestones
Sep 02Enovix Q2 Earnings: Recent Dip Is An Opportunity In Disguise
Aug 02Enovix: Fast Approaching Production Of A Unique Silicon Anode Battery At Scale
Jul 25Enovix Powers Up With New Deal: Buy This Stock
Jul 05Is Enovix (NASDAQ:ENVX) Using Too Much Debt?
Jun 18Enovix: Growing Confidence In Execution
Jun 03Enovix: Epic Rally But Company Remains A Show-Me Story
May 03Enovix: Setting The Stage For Exponential Growth
Feb 26Health Check: How Prudently Does Enovix (NASDAQ:ENVX) Use Debt?
Feb 25Is Enovix Corporation (NASDAQ:ENVX) Trading At A 27% Discount?
Oct 23Why Enovix Corporation (NASDAQ:ENVX) Could Be Worth Watching
Sep 30Estimating The Fair Value Of Enovix Corporation (NASDAQ:ENVX)
May 20We're Not Very Worried About Enovix's (NASDAQ:ENVX) Cash Burn Rate
Apr 11Enovix Corporation (NASDAQ:ENVX) Shares Could Be 47% Below Their Intrinsic Value Estimate
Feb 08Commercial Production Is A Game Changer At Enovix
Sep 07Shareholder Returns
| ENVX | US Electrical | US Market | |
|---|---|---|---|
| 7D | 9.9% | -0.6% | 0.6% |
| 1Y | -12.1% | 23.6% | 23.7% |
Return vs Industry: ENVX underperformed the US Electrical industry which returned 23.6% over the past year.
Return vs Market: ENVX underperformed the US Market which returned 23.7% over the past year.
Price Volatility
| ENVX volatility | |
|---|---|
| ENVX Average Weekly Movement | 14.7% |
| Electrical Industry Average Movement | 11.8% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.5% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: ENVX's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: ENVX's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 561 | Raj Talluri | www.enovix.com |
Enovix Corporation designs, develops, and manufactures lithium-ion batteries. It serves wearables and IoT, smartphone, laptops and tablets, industrial and medical, and electric vehicles industries. The company was founded in 2007 and is headquartered in Fremont, California.
Enovix Corporation Fundamentals Summary
| ENVX fundamental statistics | |
|---|---|
| Market cap | US$2.13b |
| Earnings (TTM) | -US$244.75m |
| Revenue (TTM) | US$20.74m |
99.9x
P/S Ratio-8.5x
P/E RatioIs ENVX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ENVX income statement (TTM) | |
|---|---|
| Revenue | US$20.74m |
| Cost of Revenue | US$33.82m |
| Gross Profit | -US$13.08m |
| Other Expenses | US$231.67m |
| Earnings | -US$244.75m |
Last Reported Earnings
Sep 29, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.30 |
| Gross Margin | -63.10% |
| Net Profit Margin | -1,180.22% |
| Debt/Equity Ratio | 105.9% |
How did ENVX perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 22:47 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/29 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Enovix Corporation is covered by 15 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Legg | Benchmark Company |
| Ryan Pfingst | B. Riley Securities, Inc. |
| Christopher Souther | B. Riley Securities, Inc. |