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Enovix NasdaqGS:ENVX Stock Report

Last Price

US$6.02

Market Cap

US$1.0b

7D

-9.2%

1Y

-51.8%

Updated

24 Apr, 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$6.02
52 Week HighUS$23.90
52 Week LowUS$5.80
Beta1.61
1 Month Change-23.31%
3 Month Change-39.56%
1 Year Change-51.84%
3 Year Change-55.41%
5 Year Changen/a
Change since IPO-52.03%

Recent News & Updates

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?

Recent updates

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

Enovix: Leading Battery Technology Company For The Next Decade

Jul 19

Enovix announces shipment of battery packs

Jul 12

Enovix: The Next Disruptor

May 05

Enovix Corp.: A First Evaluation

Apr 13

Shareholder Returns

ENVXUS ElectricalUS Market
7D-9.2%1.1%1.2%
1Y-51.8%34.9%24.7%

Return vs Industry: ENVX underperformed the US Electrical industry which returned 34.9% over the past year.

Return vs Market: ENVX underperformed the US Market which returned 24.7% over the past year.

Price Volatility

Is ENVX's price volatile compared to industry and market?
ENVX volatility
ENVX Average Weekly Movement10.8%
Electrical Industry Average Movement9.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: ENVX's share price has been volatile over the past 3 months.

Volatility Over Time: ENVX's weekly volatility (11%) 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$1.02b
Earnings (TTM)-US$214.07m
Revenue (TTM)US$7.64m

132.7x

P/S Ratio

-4.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ENVX income statement (TTM)
RevenueUS$7.64m
Cost of RevenueUS$60.66m
Gross Profit-US$53.02m
Other ExpensesUS$161.05m
Earnings-US$214.07m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 01, 2024

Earnings per share (EPS)-1.27
Gross Margin-693.58%
Net Profit Margin-2,800.51%
Debt/Equity Ratio67.0%

How did ENVX perform over the long term?

See historical performance and comparison
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