EnovixENVX
ENVX
About: Enovix Corp is engaged in designing, developing, manufacturing, and commercializing Lithium-ion, or Li-ion, battery cells. It uses BreakFlow and Encapsulation technologies to manufacture high capacity and resilient batteries. The company's product portfolio comprises power disc batteries, flexible lithium-ion polymer batteries, superior lithium-ion polymer batteries, active silicon lithium-ion cells, and others. Geographically, the company generates maximum revenue from its customers in South Korea, followed by Switzerland, Norway, the United States, Taiwan, and other regions.
Employees: 570
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
113% more call options, than puts
Call options by funds: $125M | Put options by funds: $58.7M
64% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 80
36% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 36
2% more funds holding
Funds holding: 303 [Q4 2024] → 310 (+7) [Q1 2025]
0.09% more ownership
Funds ownership: 48.98% [Q4 2024] → 49.07% (+0.09%) [Q1 2025]
31% less capital invested
Capital invested by funds: $1B [Q4 2024] → $689M (-$313M) [Q1 2025]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 1 (-1) [Q1 2025]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$7
15%
downside
Avg. target
$10.75
31%
upside
High target
$15
82%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
JP Morgan Bill Peterson | 9%upside $9 | Overweight Maintained | 1 May 2025 |
TD Securities Gabe Daoud | 15%downside $7 | Hold Maintained | 1 May 2025 |
B. Riley Securities Christopher Souther | 46%upside $12 | Buy Maintained | 29 Apr 2025 |
Benchmark Mickey Legg | 82%upside $15 | Buy Maintained | 15 Apr 2025 |
Financial journalist opinion
Positive
MarketBeat
2 days ago
3 Stocks Set to Double—And There's Still Time to Buy
Chasing momentum trends is risky business for investors. By the time many retail investors are aware of building momentum for a particular stock, it may be too late to fully capitalize on future gains.
Negative
Seeking Alpha
1 month ago
Enovix: Sell On Persistent Commercialization Challenges
Advanced lithium-ion battery manufacturer Enovix reported Q1/2025 results slightly ahead of muted expectations. While the company continues to invest in its Malaysian manufacturing operations, cash burn has decreased substantially in recent quarters. According to management, the ramp-up of the company's manufacturing facility in Malaysia and commercialization efforts for its first generation EX-1M batteries are going to plan.
Neutral
Seeking Alpha
1 month ago
Enovix Corporation (ENVX) Q1 2025 Earnings Call Transcript
Enovix Corporation (NASDAQ:ENVX ) Q1 2025 Earnings Conference Call April 30, 2025 5:00 PM ET Company Participants Robert Lahey - Head of Investor Relations Raj Talluri - President and Chief Executive Officer Ajay Marathe - Chief Operating Officer Ryan Benton - Chief Financial Officer Conference Call Participants Colin Rusch - Oppenheimer George Gianarikas - Canaccord Genuity Ananda Baruah - Loop Capital Markets Derek Soderberg - Cantor Fitzgerald William Peterson - JPMorgan Gus Richard - Northland Capital Markets Ryan Pfingst - B. Riley Operator Thank you for standing by and welcome to the Enovix Corporation First Quarter 2025 Earnings Conference Call.
Negative
Zacks Investment Research
1 month ago
Enovix Corporation (ENVX) Reports Q1 Loss, Tops Revenue Estimates
Enovix Corporation (ENVX) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.31 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Enovix Announces First Quarter 2025 Financial Results
FREMONT, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, announced today financial results for the first quarter 2025, which included the summary below from its President and CEO, Dr. Raj Talluri.
Positive
Zacks Investment Research
1 month ago
Enovix Corporation (ENVX) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
Enovix Corporation (ENVX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
GlobeNewsWire
1 month ago
Enovix Appoints Ryan Benton as Chief Financial Officer
FREMONT, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX), a global high-performance battery company, announced the appointment of Ryan Benton as Chief Financial Officer (CFO). Mr. Benton brings over three decades of financial leadership experience. He previously held key roles at ASM International and served as CFO for multiple public companies including Silvaco and Exar Corporation.
Positive
Seeking Alpha
2 months ago
Enovix: The Tariff Dip Could Be A Generational Buying Opportunity
The latest tariffs imposed by the US are likely to have a minimal impact on Enovix, in my opinion. Enovix's pioneer status could help its pricing power, even with the tariffs. Enovix's acquisition of SolarEdge's facility in South Korea will help boost its position in the drone industry, considering the capabilities of Routejade's batteries.
Neutral
GlobeNewsWire
2 months ago
Enovix To Acquire Korean Battery Cell Facility to Bolster Manufacturing
Acquisition will support company's efforts to meet growing demand in the defense industry Acquisition will support company's efforts to meet growing demand in the defense industry
Neutral
GlobeNewsWire
2 months ago
Enovix Reports Progress on 2025 Smartphone Launch
FREMONT, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced the completion of its second milestone, triggering a payment for sample battery cells shipped under a development agreement executed in October 2024 with a leading smartphone OEM. The samples were customized to specific requirements of the OEM, including cycle life, fast charge and energy density levels which Enovix believes are superior to any product available on the market today.
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