Enovix Corporation [NASDAQ: ENVX] gained 4.12% on the last trading session, reaching $14.65 price per share at the time.
Enovix Corporation represents 192.00 million in outstanding shares, while the company has a total market value of $2.81 billion with the latest information. ENVX stock price has been found in the range of $13.8755 to $14.835.
If compared to the average trading volume of 5.48M shares, ENVX reached a trading volume of 7791217 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Enovix Corporation [ENVX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ENVX shares is $26.55 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ENVX stock is a recommendation set at 1.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
TD Cowen have made an estimate for Enovix Corporation shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 08, 2025. The new note on the price target was released on October 31, 2024, representing the official price target for Enovix Corporation stock. Previously, the target price had yet another raise to $25, while The Benchmark Company analysts kept a Buy rating on ENVX stock.
The Price to Book ratio for the last quarter was 11.94, with the Price to Cash per share for the same quarter was set at 1.29.
Trading performance analysis for ENVX stock
Enovix Corporation [ENVX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.43. With this latest performance, ENVX shares gained by 68.78% in over the last four-week period, additionally plugging by 19.79% over the last 6 months – not to mention a rise of 34.77% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ENVX stock in for the last two-week period is set at 82.61, with the RSI for the last a single of trading hit 0.94, and the three-weeks RSI is set at 0.79 for Enovix Corporation [ENVX]. The present Moving Average for the last 50 days of trading for this stock 8.86, while it was recorded at 14.00 for the last single week of trading, and 9.38 for the last 200 days.
Enovix Corporation [ENVX]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Enovix Corporation [ENVX] shares currently have an operating margin of -432.49% and a Gross Margin at -78.35%. Enovix Corporation’s Net Margin is presently recorded at -476.34%.
Return on Equity for this stock declined to -39.56%, with Return on Assets sitting at -39.56%.
An analysis of Institutional ownership at Enovix Corporation [ENVX]
There are presently around $49.62%, or 57.14% of ENVX stock, in the hands of institutional investors. The top three institutional holders of ENVX stocks are: VANGUARD GROUP INC with ownership of 13.3 million shares, which is approximately 7.7157%. BLACKROCK INC., holding 10.47 million shares of the stock with an approximate value of $$161.91 million in ENVX stocks shares; and BLACKROCK INC., currently with $$89.7 million in ENVX stock with ownership which is approximately 3.3657%.
