Are Analysts Expecting A Better 2020 For Enovix Corporation (ENVX)?

Enovix Corporation (ENVX) concluded trading on Wednesday at a closing price of $8.72, with 4.46 million shares of worth about $38.88 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 8.59% during that period and on June 25, 2025 the price saw a gain of about 1.40%. Currently the company’s common shares owned by public are about 191.72M shares, out of which, 162.02M shares are available for trading.

Stock saw a price change of 3.32% in past 5 days and over the past one month there was a price change of 12.23%. Year-to-date (YTD), ENVX shares are showing a performance of -27.33% which decreased to -19.78% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.27 but also hit the highest price of $18.68 during that period. The average intraday trading volume for Enovix Corporation shares is 4.75 million. The stock is currently trading 4.73% above its 20-day simple moving average (SMA20), while that difference is up 16.81% for SMA50 and it goes to -4.92% lower than SMA200.

Enovix Corporation (NASDAQ: ENVX) currently have 191.72M outstanding shares and institutions hold larger chunk of about 49.21% of that.

The stock has a current market capitalization of $1.67B and its 3Y-monthly beta is at 2.00. It has posted earnings per share of -$1.29 in the same period. It has Quick Ratio of 4.49 while making debt-to-equity ratio of 0.82. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ENVX, volatility over the week remained 3.97% while standing at 4.05% over the month.

Analysts are in expectations that Enovix Corporation (ENVX) stock would likely to be making an EPS of -0.17 in the current quarter, while forecast for next quarter EPS is -0.18 and it is -0.57 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.18 which is -0.16 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.14 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 2.74% while it is estimated to increase by 9.15% in next year.

Coverage by The Benchmark Company stated Enovix Corporation (ENVX) stock as a Buy in their note to investors on July 22, 2024, suggesting a price target of $25 for the stock. On December 18, 2023, William Blair Initiated their recommendations, while on July 21, 2023, TD Cowen Downgrade their ratings for the stock with a price target of $20. Stock get a Buy rating from Canaccord Genuity on January 11, 2023.

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