Enovix Corporation (ENVX): Price and Financial Metrics
ENVX Price/Volume Stats
| Current price | $13.73 | 52-week high | $26.30 |
| Prev. close | $14.14 | 52-week low | $6.50 |
| Day low | $13.51 | Volume | 3,624,400 |
| Day high | $14.23 | Avg. volume | 5,456,769 |
| 50-day MA | $12.89 | Dividend yield | N/A |
| 200-day MA | $13.25 | Market Cap | 2.17B |
ENVX Stock Price Chart Interactive Chart >
ENVX POWR Grades
- Momentum is the dimension where ENVX ranks best; there it ranks ahead of 74.18% of US stocks.
- The strongest trend for ENVX is in Growth, which has been heading down over the past 179 days.
- ENVX ranks lowest in Value; there it ranks in the 0th percentile.
ENVX Stock Summary
- The capital turnover (annual revenue relative to shareholder's equity) for ENVX is 0.02 -- better than just 10.72% of US stocks.
- The ratio of debt to operating expenses for ENOVIX CORP is higher than it is for about merely 11.22% of US stocks.
- With a price/sales ratio of 304.73, ENOVIX CORP has a higher such ratio than 98.71% of stocks in our set.
- Stocks that are quantitatively similar to ENVX, based on their financial statements, market capitalization, and price volatility, are IONQ, RKLB, AI, CAN, and SEER.
- To dig deeper into the stock's financial statements, go to ENVX's page on browse-edgar?action=getcompany&CIK=0001828318.
ENVX Valuation Summary
- In comparison to the median Industrials stock, ENVX's price/earnings ratio is 160.11% lower, now standing at -11.
- ENVX's price/earnings ratio has moved up 6.3 over the prior 30 months.
Below are key valuation metrics over time for ENVX.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| ENVX | 2023-05-19 | 296.6 | 5.9 | -11.0 | -9.0 |
| ENVX | 2023-05-18 | 307.0 | 6.1 | -11.4 | -9.4 |
| ENVX | 2023-05-17 | 319.2 | 6.4 | -11.8 | -9.8 |
| ENVX | 2023-05-16 | 314.6 | 6.3 | -11.7 | -9.7 |
| ENVX | 2023-05-15 | 324.8 | 6.5 | -12.0 | -10.0 |
| ENVX | 2023-05-12 | 319.2 | 6.4 | -11.8 | -9.8 |
ENVX's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- ENVX has a Quality Grade of C, ranking ahead of 37.36% of graded US stocks.
- ENVX's asset turnover comes in at 0 -- ranking 48th of 53 Electrical Equipment stocks.
- 500 - Internal server error
The table below shows ENVX's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0 | NA | -6.57 |
ENVX Price Target
For more insight on analysts targets of ENVX, see our ENVX price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $29.67 | Average Broker Recommendation | 1.17 (Strong Buy) |
Enovix Corporation (ENVX) Company Bio
Enovix Corporation develops and manufactures 3D silicon lithium-ion batteries. Its lithium-ion battery uses 3D cell architecture and silicon anode to increase energy density and maintain high cycle life. The company has strategic partnerships with Cypress Semiconductor, Intel Corporation, and Qualcomm. Enovix Corporation was formerly known as MicroAzure Corp. The company was founded in 2006 and is based in Fremont, California. It has production plants in Fremont, California; and Manila, the Philippines.
Latest ENVX News From Around the Web
Below are the latest news stories about ENOVIX CORP that investors may wish to consider to help them evaluate ENVX as an investment opportunity.
Enovix Expands Asia Presence with Additional Go-to-Market Partners in Japan and South KoreaFREMONT, Calif., June 06, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced agreements with Japanese distribution and manufacturing services company, Elematec Corporation (“Elematec”), and South Korean power management and IoT-focused distributor, Semicomtech, to support pan-Asian shipping, distribution and market expansion. Elematec is an integrated services company that provides sales, technology, development and product |
Enovix Co-Founder to Speak at 13th International Advanced Automotive Battery Conference in Mainz, GermanyAshok Lahiri, Co-Founder and Technical Advisor Ashok Lahiri, Co-Founder and Technical Advisor at Enovix to speak at AABC Europe FREMONT, Calif., June 01, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced its Co-Founder and Technical Advisor, Ashok Lahiri, will speak at the 13th International Advanced Automotive Battery Conference (AABC) Europe in Mainz, Germany. The conference is in-person and online June 19-22, 2023. His |
Oppenheimer & Co. Inc. Hosts 8th Annual Emerging Growth Conference, Connecting Investors with Small-cap Disruptors and InnovatorsOppenheimer & Co. Inc. ("Oppenheimer") – a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – today announced the launch of its 8th Annual Emerging Growth Conference, held virtually on May 11. The event connects management teams of many small-cap emerging growth companies with investors for 1-on-1 meetings. |
Enovix to Participate in Upcoming Investor ConferencesFREMONT, Calif., May 02, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced its participation in the following investor conferences in May: Citi Energy & Climate Technology Conference Date: Wednesday, May 10, 2023Location: Boston, Mass. EF Hutton Global ConferenceDate: Thursday, May 11, 2023Location: New York, N.Y. Oppenheimer 8th Annual Emerging Growth ConferenceDate: Thursday, May 11, 2023Location: Virtual J.P. Morgan 51s |
3 Under-the-Radar Battery Tech Innovations to Invest in NowThis article highlights companies with battery tech innovations to buy now that are likely flying underneath the radar of many investors. |
ENVX Price Returns
| 1-mo | 7.86% |
| 3-mo | 43.62% |
| 6-mo | 18.46% |
| 1-year | 17.85% |
| 3-year | N/A |
| 5-year | N/A |
| YTD | 10.37% |
| 2022 | -54.40% |
| 2021 | N/A |
| 2020 | N/A |
| 2019 | N/A |
| 2018 | N/A |
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