Skip to main
ENVX

Enovix Corporation (ENVX) Stock Forecast & Price Target

Enovix Corporation (ENVX) Analyst Ratings

Based on 8 analyst ratings
Buy
Strong Buy 50%
Buy 13%
Hold 38%
Sell 0%
Strong Sell 0%

Bulls say

Enovix Corp reported revenue of approximately $7.5 million in the recent financial period, reflecting a significant sequential increase of 47.1% from the previous quarter's $5.1 million, driven by customer demand across various end markets. The company's non-GAAP gross profit also showed substantial improvement, reaching about $1.2 million, which is an increase from $0.4 million in the previous quarter and a notable turnaround from a loss of approximately $0.6 million in the same quarter of the prior year. Furthermore, the strong industry connections of Enovix's management team enhance the company's potential for sustained success and growth in the competitive battery market.

Bears say

Enovix Corp has reported a non-GAAP net loss of approximately $26.2 million for 2Q25, reflecting an improved performance compared to the loss of $28.5 million in the previous quarter, yet still demonstrating ongoing financial challenges. The company's cash and equivalents stood at around $203.4 million, which may raise concerns regarding liquidity as it continues to operate at a loss. Management's expectation of limited margins due to an unfavorable product mix and increased operating expenses related to manufacturing scale-up further complicates the outlook, suggesting potential difficulties in achieving profitability in the near term.

Enovix Corporation (ENVX) has been analyzed by 8 analysts, with a consensus rating of Buy. 50% of analysts recommend a Strong Buy, 13% recommend Buy, 38% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Enovix Corporation and is not a guaranteed prediction by Public.com or investment advice.

Order type

Buy in

Order amount

Est. shares

0 shares

Sign up to buy

FAQs About Enovix Corporation (ENVX) Forecast

Analysts have given Enovix Corporation (ENVX) a Buy based on their latest research and market trends.

According to 8 analysts, Enovix Corporation (ENVX) has a Buy consensus rating as of Jan 9, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $15.88, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $15.88, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Enovix Corporation (ENVX)


Order type

Buy in

Order amount

Est. shares

0 shares

Sign up to buy
Disclaimer: Any investment listed here, which may be available on the Public platform, is intended to be used for informational purposes only, should not be the sole basis for making an investment decision, and is not a recommendation or advice.