Enovix Future Growth
Future criteria checks 2/6
Enovix is forecast to grow earnings and revenue by 46.7% and 47.3% per annum respectively. EPS is expected to grow by 48.6% per annum. Return on equity is forecast to be 2.7% in 3 years.
Key information
46.7%
Earnings growth rate
48.6%
EPS growth rate
| Electrical earnings growth | 18.1% |
| Revenue growth rate | 47.3% |
| Future return on equity | 2.7% |
| Analyst coverage | Good |
| Last updated | 25 Apr 2024 |
Recent future growth updates
Recent updates
Enovix: Setting The Stage For Exponential Growth
Feb 26Health Check: How Prudently Does Enovix (NASDAQ:ENVX) Use Debt?
Feb 25
Is 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 07Is Enovix Corporation (NASDAQ:ENVX) Trading At A 48% Discount?
Sep 06Enovix Rips Higher As Futuristic Battery Tech Comes Into Focus
Aug 25Enovix GAAP EPS of -$0.18 beats by $0.01, revenue of $5.1M beats by $4.78M
Aug 10Enovix: Leading Battery Technology Company For The Next Decade
Jul 19Enovix announces shipment of battery packs
Jul 12Enovix: The Next Disruptor
May 05Enovix Corp.: A First Evaluation
Apr 13Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 399 | -66 | -39 | 33 | 7 |
| 12/31/2025 | 129 | -177 | -171 | -78 | 10 |
| 12/31/2024 | 24 | -205 | -166 | -118 | 10 |
| 12/31/2023 | 8 | -214 | -166 | -105 | N/A |
| 10/1/2023 | 1 | -165 | -137 | -99 | N/A |
| 7/2/2023 | 1 | -231 | -129 | -92 | N/A |
| 4/2/2023 | 6 | -168 | -117 | -89 | N/A |
| 1/1/2023 | 6 | -52 | -119 | -83 | N/A |
| 10/2/2022 | 5 | -125 | -121 | -78 | N/A |
| 7/3/2022 | 5 | -54 | -114 | -76 | N/A |
| 4/3/2022 | N/A | -67 | -109 | -62 | N/A |
| 1/2/2022 | N/A | -126 | -95 | -51 | N/A |
| 10/3/2021 | N/A | -55 | -79 | -39 | N/A |
| 6/30/2021 | N/A | -57 | -62 | -26 | N/A |
| 3/31/2021 | N/A | -48 | -57 | -25 | N/A |
| 12/31/2020 | N/A | -40 | -47 | -20 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ENVX is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: ENVX is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: ENVX is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: ENVX's revenue (47.3% per year) is forecast to grow faster than the US market (8.1% per year).
High Growth Revenue: ENVX's revenue (47.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ENVX's Return on Equity is forecast to be low in 3 years time (2.7%).