Enovix Corporation (ENVX) Stock Forecast & Analysis

Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for Enovix Corporation (ENVX:NASDAQ), powered by AI.

Current Price
$6.62
P/E Ratio
-5.2
Market Cap
1.2B
Sector
Industrials
What is the Enovix Corporation stock price forecast?

Enovix Corporation is currently trading at $6.62. View real-time AI analysis on Alpha Lenz.

What is Enovix Corporation insider trading activity?

View the latest insider trading data for Enovix Corporation on Alpha Lenz.

What is Enovix Corporation's P/E ratio?

Enovix Corporation's P/E ratio is -5.2.

Enovix Corporation

NASDAQ · ENVX
$6.62
Ask about Enovix Corporation's future dividend policy...
Alpha Chat Insight

Enovix Corporation trades at a P/E of -5.2 (undervalued) with modest ROE of -88.0%.

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Company Overview

Enovix Corp is a technology-driven company specializing in the design and manufacture of advanced rechargeable lithium-ion batteries. The primary focus of Enovix Corp is on developing batteries that offer superior energy density and longevity, aiming to revolutionize the energy storage sector. The company's innovative 3D cell architecture is designed to enhance battery performance while retaining safety and reliability, making it a pivotal player in the evolution of energy solutions. Enovix's technology has significant implications for several high-impact industries, including consumer electronics, electric vehicles, and wearable devices, where the demand for efficient and safer battery solutions is continually rising. The company seeks to address the limitations of traditional flat-cell batteries by providing solutions that accommodate the increasingly compact and high-performance requirements of modern electronic devices. As a significant contributor to the energy storage sector, Enovix Corp plays a vital role in supporting sustainable practices and technological advancements in energy-dependent sectors. By fostering innovation in battery technology, Enovix contributes to the global shift toward renewable energy and the broader adoption of electric transportation, thereby enhancing the sustainability and efficiency of technological ecosystems.

CEODr. Raj Talluri Ph.D.
SectorIndustrials
IndustryElectrical Equipment & Parts
Employees570

Company Statistics

FY 2024

Profile

$1.16BMarket Cap
$23.07MRevenue
0.00Shares Out
570Employees

Margins

-8.86%Gross
-618.08%EBITDA
-870.51%Operating
-970.47%Pre-Tax
-964.44%Net

Valuation

-5.21P/E
4.70P/B
50.22EV/Sales
-7.58EV/EBITDA
-6.27P/FCF

Growth (CAGR)

N/ARev 3Yr
N/ARev 5Yr
N/AOp Inc 3Yr
N/AOp Inc 5Yr
N/ANet Inc 3Yr
N/ANet Inc 5Yr

Returns

-40.78%ROA
-88.04%ROE
-39.79%ROIC

Financial Health

$272.87MCash & Cash Equivalents
$4.90MNet Debt
111.37%Debt/Equity
N/AInterest Cov

Frequently Asked Questions

Enovix Corporation (ticker: ENVX) is a company listed on NASDAQ in the Industrials sector (Electrical Equipment & Parts). It has approximately 570 employees. Market cap is $1.2B.

The current price is $6.62 with a P/E ratio of -5.21x and P/B of 4.7x.

ROE is -88.04% and operating margin is -870.51%. Annual revenue is $23M.

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Enovix Corporation (Industrials) Stock Forecast & Analysis $6.62 | Alpha Lenz