Enovix

ENVX

Valor de mercado US$ 546 mi

Enovix TodayENVXEnovix$2.58 +0.15 (+5.94%) As of 01:55 PM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$2.35▼$13.64Price Target$10.77Add to WatchlistThe autonomous aircraft sector is growing at a rapid pace, yet flight times remain constrained by the physical limits of conventional graphite lithium-ion cells.

Advanced lithium-ion battery manufacturer Enovix reported preliminary Q3 revenues slightly ahead of expectations. Drone and defense customers accounted for approximately 70% of the company's third-quarter sales. Interim management intends to focus on these verticals in the near term. No update was provided on ENVX's long-standing efforts to qualify its proprietary battery technology with leading Chinese smartphone OEMs.

Enovix Corporation (NASDAQ:ENVX) shares are trading higher Wednesday after the company announced a purchase order for 100,000 battery units from a multinational provider of dual-use drone systems.

FREMONT, Calif., Oct. 13, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix" or the "Company," Nasdaq: ENVX), a developer and manufacturer of advanced lithium-ion batteries, today announced a purchase order from a multinational provider of dual-use drone systems. The initial order is for 100,000 battery units, with deliveries scheduled in the first half of 2027 as the customer scales its use of Enovix cells manufactured at the Company's TAA-compliant, military-qualified facility in South Korea. Following successful initial deployment, the customer is expected to place follow-on orders for the program in the second half of 2027 and beyond.

Enovix Corporation (NASDAQ:ENVX) stock is trading higher by more than 2% on Monday as the manufacturer of advanced lithium-ion batteries reported strong preliminary third-quarter 2026 results.

U.S. stocks traded mixed this morning, with the Dow Jones index gaining around 0.4% on Monday.

FREMONT, Calif., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (“Enovix”), a developer and manufacturer of advanced lithium-ion batteries, including proprietary silicon-anode architectures, highlighted that its drone and defense battery portfolio manufactured in South Korea is compliant with the Trade Agreements Act (TAA), expanding the company's ability to serve U.S. government defense programs.

Enovix stock plunged 18% on CEO Raj Talluri's sudden resignation, hitting an all-time low and reflecting deep investor skepticism. Short-term trading upside may exist as the market digests the real reasons for Talluri's exit, but long-term trust in ENVX remains damaged. Executive chairman T.J. Rodgers has tried to make the bull case for his company under new leadership but wound up highlighting several key concerns.

Expansion Leverages Existing Company-Owned South Korea Facility, With Added Capacity Expected in Mid-2027 Expansion Leverages Existing Company-Owned South Korea Facility, With Added Capacity Expected in Mid-2027

Enovix Corporation (ENVX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).