ENVX 📈 Enovix - Overview
Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US2935941078
ENVX: Lithium-ion Batteries, Electric Vehicle Batteries, Portable Power Solutions
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. Web URL: https://www.enovix.com
Additional Sources for ENVX Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
ENVX Stock Overview
| Market Cap in USD | 1,767m |
| Sector | Industrials |
| Industry | Electrical Equipment & Parts |
| GiC Sub-Industry | Electrical Components & Equipment |
| IPO / Inception | 2021-07-15 |
ENVX Stock Ratings
| Growth 5y | -20.7% |
| Fundamental | -56.5% |
| Dividend | - |
| Rel. Strength Industry | -167 |
| Analysts | 4.54/5 |
| Fair Price Momentum | 9.74 USD |
| Fair Price DCF | - |
ENVX Dividends
No Dividends PaidENVX Growth Ratios
| Growth Correlation 3m | -49.3% |
| Growth Correlation 12m | 0% |
| Growth Correlation 5y | -57.1% |
| CAGR 5y | -2.34% |
| CAGR/Mean DD 5y | -0.04 |
| Sharpe Ratio 12m | 0.32 |
| Alpha | -80.80 |
| Beta | 2.79 |
| Volatility | 105.36% |
| Current Volume | 7171.4k |
| Average Volume 20d | 5911.1k |
What is the price of ENVX stocks?
As of December 27, 2024, the stock is trading at USD 11.42 with a total of 7,171,370 shares traded.
Over the past week, the price has changed by +42.22%, over one month by +23.86%, over three months by +22.40% and over the past year by -13.22%.
As of December 27, 2024, the stock is trading at USD 11.42 with a total of 7,171,370 shares traded.
Over the past week, the price has changed by +42.22%, over one month by +23.86%, over three months by +22.40% and over the past year by -13.22%.
Is Enovix a good stock to buy?
No, based on ValueRay Fundamental Analyses, Enovix (NASDAQ:ENVX) is currently (December 2024) a stock to sell. It has a ValueRay Fundamental Rating of -56.45 and therefor a negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ENVX as of December 2024 is 9.74. This means that ENVX is currently overvalued and has a potential downside of -14.71%.
No, based on ValueRay Fundamental Analyses, Enovix (NASDAQ:ENVX) is currently (December 2024) a stock to sell. It has a ValueRay Fundamental Rating of -56.45 and therefor a negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ENVX as of December 2024 is 9.74. This means that ENVX is currently overvalued and has a potential downside of -14.71%.
Is ENVX a buy, sell or hold?
Enovix has received a consensus analysts rating of 4.54. Therefor, it is recommend to buy ENVX.
Enovix has received a consensus analysts rating of 4.54. Therefor, it is recommend to buy ENVX.
- Strong Buy: 9
- Buy: 2
- Hold: 2
- Sell: 0
- Strong Sell: 0
What are the forecast for ENVX stock price target?
According to ValueRays Forecast Model, ENVX Enovix will be worth about 11.3 in December 2025. The stock is currently trading at 11.42. This means that the stock has a potential downside of -0.88%.
According to ValueRays Forecast Model, ENVX Enovix will be worth about 11.3 in December 2025. The stock is currently trading at 11.42. This means that the stock has a potential downside of -0.88%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 27.3 | 138.6% |
| Analysts Target Price | 32.1 | 181% |
| ValueRay Target Price | 11.3 | -0.9% |