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Enovix NasdaqGS:ENVX Stock Report

Last Price

US$8.93

Market Cap

US$1.7b

7D

2.1%

1Y

-18.4%

Updated

20 Nov, 2024

Data

Company Financials +

Enovix Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Enovix
Historical stock prices
Current Share PriceUS$8.93
52 Week HighUS$18.68
52 Week LowUS$5.70
Beta1.98
11 Month Change-22.08%
3 Month Change-12.71%
1 Year Change-18.45%
33 Year Change-74.86%
5 Year Changen/a
Change since IPO-28.84%

Recent News & Updates

Enovix: Battery Tech Company Hinging On High Expectations

Nov 13

Enovix Corporation (NASDAQ:ENVX) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Oct 31
Enovix Corporation (NASDAQ:ENVX) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Enovix: Surprise Capital Raise Not Likely To Bode Well With Investors - Sell

Oct 31

Recent updates

Enovix: Battery Tech Company Hinging On High Expectations

Nov 13

Enovix Corporation (NASDAQ:ENVX) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Oct 31
Enovix Corporation (NASDAQ:ENVX) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Enovix: Surprise Capital Raise Not Likely To Bode Well With Investors - Sell

Oct 31

Enovix: Fully Charged To Move Higher

Oct 17

Enovix: Show-Me Story Continues - Sell

Oct 05

Enovix: Executing On Commercialization And Manufacturing Milestones

Sep 02

Enovix Q2 Earnings: Recent Dip Is An Opportunity In Disguise

Aug 02

Enovix: Fast Approaching Production Of A Unique Silicon Anode Battery At Scale

Jul 25

Enovix Powers Up With New Deal: Buy This Stock

Jul 05

Is Enovix (NASDAQ:ENVX) Using Too Much Debt?

Jun 18
Is Enovix (NASDAQ:ENVX) Using Too Much Debt?

Enovix: Growing Confidence In Execution

Jun 03

Enovix: Epic Rally But Company Remains A Show-Me Story

May 03

Enovix: Setting The Stage For Exponential Growth

Feb 26

Health Check: How Prudently Does Enovix (NASDAQ:ENVX) Use Debt?

Feb 25
Health Check: How Prudently Does Enovix (NASDAQ:ENVX) Use Debt?

Is Enovix Corporation (NASDAQ:ENVX) Trading At A 27% Discount?

Oct 23
Is Enovix Corporation (NASDAQ:ENVX) Trading At A 27% Discount?

Why Enovix Corporation (NASDAQ:ENVX) Could Be Worth Watching

Sep 30
Why Enovix Corporation (NASDAQ:ENVX) Could Be Worth Watching

Estimating The Fair Value Of Enovix Corporation (NASDAQ:ENVX)

May 20
Estimating The Fair Value Of Enovix Corporation (NASDAQ:ENVX)

We're Not Very Worried About Enovix's (NASDAQ:ENVX) Cash Burn Rate

Apr 11
We're Not Very Worried About Enovix's (NASDAQ:ENVX) Cash Burn Rate

Enovix Corporation (NASDAQ:ENVX) Shares Could Be 47% Below Their Intrinsic Value Estimate

Feb 08
Enovix Corporation (NASDAQ:ENVX) Shares Could Be 47% Below Their Intrinsic Value Estimate

Commercial Production Is A Game Changer At Enovix

Sep 07

Is Enovix Corporation (NASDAQ:ENVX) Trading At A 48% Discount?

Sep 06
Is Enovix Corporation (NASDAQ:ENVX) Trading At A 48% Discount?

Enovix Rips Higher As Futuristic Battery Tech Comes Into Focus

Aug 25

Enovix GAAP EPS of -$0.18 beats by $0.01, revenue of $5.1M beats by $4.78M

Aug 10

Shareholder Returns

ENVXUS ElectricalUS Market
7D2.1%1.6%-1.2%
1Y-18.4%46.4%30.4%

Return vs Industry: ENVX underperformed the US Electrical industry which returned 46.4% over the past year.

Return vs Market: ENVX underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is ENVX's price volatile compared to industry and market?
ENVX volatility
ENVX Average Weekly Movement13.2%
Electrical Industry Average Movement10.3%
Market Average Movement6.2%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.1%

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 (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2007561Raj Talluriwww.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

How do Enovix's earnings and revenue compare to its market cap?
ENVX fundamental statistics
Market capUS$1.68b
Earnings (TTM)-US$244.75m
Revenue (TTM)US$20.74m

81.1x

P/S Ratio

-6.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ENVX income statement (TTM)
RevenueUS$20.74m
Cost of RevenueUS$33.82m
Gross Profit-US$13.08m
Other ExpensesUS$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 Ratio105.9%

How did ENVX perform over the long term?

See historical performance and comparison