Enovix Corporation [NASDAQ: ENVX] closed the trading session at $10.0 on 2025-08-19. The day’s price range saw the stock hit a low of $9.61, while the highest price level was $10.13.
The stocks have a year to date performance of -6.19 percent and weekly performance of -6.54 percent. The stock has been moved at -10.39 percent over the last six months. The stock has performed -30.70 percent around the most recent 30 days and changed 25.63 percent over the most recent 3-months.
If compared to the average trading volume of 7.13M shares, ENVX reached to a volume of 7241441 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say 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 $29.50 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 1.36. 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.
JP Morgan have made an estimate for Enovix Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 24, 2025. While these analysts kept the previous recommendation, TD Cowen dropped their target price from $7 to $15. The new note on the price target was released on July 08, 2025, representing the official price target for Enovix Corporation stock.
The Price to Book ratio for the last quarter was 9.47, with the Price to Cash per share for the same quarter was set at 1.03.
ENVX stock trade performance evaluation
Enovix Corporation [ENVX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.54. With this latest performance, ENVX shares dropped by -30.70% in over the last four-week period, additionally sinking by -10.39% over the last 6 months – not to mention a drop of -8.00% 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 33.97, with the RSI for the last a single of trading hit 0.72, and the three-weeks RSI is set at 0.85 for Enovix Corporation [ENVX]. The present Moving Average for the last 50 days of trading for this stock 11.57, while it was recorded at 10.37 for the last single week of trading, and 9.61 for the last 200 days.
Enovix Corporation [ENVX]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Enovix Corporation [ENVX] shares currently have an operating margin of -625.62% and a Gross Margin at -81.71%. Enovix Corporation’s Net Margin is presently recorded at -481.35%.
Enovix Corporation (ENVX) Capital Structure & Debt Analysis
According to recent financial data for Enovix Corporation. ( ENVX), the Return on Equity (ROE) stands at -68.46%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -26.73%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Enovix Corporation’s Return on Invested Capital (ROIC) is -33.22%, showcasing its effectiveness in deploying capital for earnings.
Enovix Corporation (ENVX) Efficiency & Liquidity Metrics
Based on Enovix Corporation’s (ENVX) latest financial statements, the Debt-to-Equity Ratio is 0.94%, indicating its reliance on debt financing relative to shareholder equity.
Enovix Corporation (ENVX) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Enovix Corporation. (ENVX) effectively leverages its workforce, generating an average of -$224631.58 per employee. The company’s liquidity position is robust, with a Current Ratio of 4.37% and a Quick Ratio of 4.11%, indicating strong ability to cover short-term liabilities.
Earnings per share (EPS) analysis for Enovix Corporation [ENVX] stock
With the latest financial reports released by the company, Enovix Corporation posted -0.17/share EPS, while the average EPS was predicted by analysts to be reported at -0.2/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.03. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ENVX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Enovix Corporation go to 60.79%.
Enovix Corporation [ENVX]: Institutional Ownership
There are presently around $46.73%, or 53.59%% 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%.
