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Industrials - Electrical Equipment & Parts - NASDAQ - US
$ 10.72
-2.1 %
$ 2.02 B
Market Cap
-7.39
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one ENVX stock under the worst case scenario is HIDDEN Compared to the current market price of 10.7 USD, Enovix Corporation is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one ENVX stock under the base case scenario is HIDDEN Compared to the current market price of 10.7 USD, Enovix Corporation is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one ENVX stock under the best case scenario is HIDDEN Compared to the current market price of 10.7 USD, Enovix Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
263 K REVENUE
-95.76%
-165 M OPERATING INCOME
-25.38%
-154 M NET INCOME
-198.50%
-77.4 M OPERATING CASH FLOW
6.44%
-132 M INVESTING CASH FLOW
-264.56%
160 M FINANCING CASH FLOW
182.40%
3.77 M REVENUE
-28.53%
-88.8 M OPERATING INCOME
-26.54%
-116 M NET INCOME
-149.36%
-26.9 M OPERATING CASH FLOW
23.10%
406 K INVESTING CASH FLOW
-97.88%
39.7 M FINANCING CASH FLOW
630.22%
Balance Sheet Enovix Corporation
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Current Assets 323 M
Cash & Short-Term Investments 307 M
Receivables 2.42 M
Other Current Assets 13.9 M
Non-Current Assets 241 M
Long-Term Investments 2 M
PP&E 182 M
Other Non-Current Assets 57.4 M
Current Liabilities 61 M
Accounts Payable 21.3 M
Short-Term Debt 5.92 M
Other Current Liabilities 33.8 M
Non-Current Liabilities 242 M
Long-Term Debt 185 M
Other Non-Current Liabilities 57.5 M
EFFICIENCY
Earnings Waterfall Enovix Corporation
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Revenue 263 K
Cost Of Revenue 43.3 M
Gross Profit -43 M
Operating Expenses 115 M
Operating Income -165 M
Other Expenses -11.4 M
Net Income -154 M
RATIOS
-16360.84% GROSS MARGIN
-16360.84%
-62919.39% OPERATING MARGIN
-62919.39%
-58590.87% NET MARGIN
-58590.87%
-59.69% ROE
-59.69%
-27.31% ROA
-27.31%
-36.87% ROIC
-36.87%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Enovix Corporation
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Net Income -154 M
Depreciation & Amortization 11 M
Capital Expenditures -33 M
Stock-Based Compensation 57.8 M
Change in Working Capital 4.92 M
Others 2.93 M
Free Cash Flow -110 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Enovix Corporation
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Wall Street analysts predict an average 1-year price target for ENVX of $13.7 , with forecasts ranging from a low of $5 to a high of $19 .
ENVX Lowest Price Target Wall Street Target
5 USD -53.36%
ENVX Average Price Target Wall Street Target
13.7 USD 27.49%
ENVX Highest Price Target Wall Street Target
19 USD 77.24%
4. DIVIDEND ANALYSIS
5. COMPETITION
6. Ownership
Insider Ownership Enovix Corporation
image
Sold
0-3 MONTHS
730 K USD 1
3-6 MONTHS
455 K USD 1
6-9 MONTHS
91 K USD 1
9-12 MONTHS
36.2 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Dec 03, 2024
Sell 730 K USD
ATKINS BETSY S
Director
- 75000
9.73 USD
3 months ago
Oct 14, 2024
Sell 455 K USD
Chakravarthy Arthi
Chief Legal Officer
- 35000
13 USD
7 months ago
Jun 20, 2024
Sell 91 K USD
Reichow Gregory
Director
- 7500
12.14 USD
9 months ago
Apr 14, 2024
Sell 36.2 K USD
Marathe Ajay
Chief Operating Officer
- 4954
7.31 USD
1 year ago
Aug 24, 2023
Bought 20 K USD
Talluri Rajendra K
President and CEO
+ 1434
13.94 USD
1 year ago
Aug 11, 2023
Sell 585 K USD
ATKINS BETSY S
Director
- 36000
16.25 USD
1 year ago
Jun 20, 2023
Sell 68 K USD
ATKINS BETSY S
Director
- 4528
15.02 USD
1 year ago
Apr 27, 2023
Bought 50.5 K USD
Talluri Rajendra K
President and CEO
+ 5000
10.095 USD
1 year ago
Apr 24, 2023
Sell 61.8 K USD
ATKINS BETSY S
Director
- 5000
12.36 USD
1 year ago
Apr 20, 2023
Bought 0 USD
Rodgers Thurman J
director, 10 percent owner:
+ 0
15.61 USD
1 year ago
Mar 21, 2023
Bought 1.19 M USD
Rodgers Thurman J
director, 10 percent owner:
+ 102599
11.57 USD
1 year ago
Mar 20, 2023
Bought 757 K USD
Rodgers Thurman J
director, 10 percent owner:
+ 69557
10.88 USD
1 year ago
Mar 17, 2023
Bought 1.08 M USD
Rodgers Thurman J
director, 10 percent owner:
+ 98700
10.95 USD
1 year ago
Mar 16, 2023
Bought 382 K USD
Rodgers Thurman J
director, 10 percent owner:
+ 34899
10.96 USD
1 year ago
Mar 15, 2023
Bought 1.35 M USD
Rodgers Thurman J
director, 10 percent owner:
+ 129111
10.47 USD
1 year ago
Mar 14, 2023
Bought 56.1 K USD
Talluri Rajendra K
President and CEO
+ 5000
11.22 USD
1 year ago
Mar 10, 2023
Bought 623 K USD
Rodgers Thurman J
director, 10 percent owner:
+ 65134
9.56 USD
1 year ago
Feb 13, 2023
Sell 12.3 K USD
ATKINS BETSY S
Director
- 1481
8.31 USD
2 years ago
Jan 03, 2023
Sell 25.6 K USD
Lahiri Ashok
Chief Technology Officer
- 2000
12.81 USD
2 years ago
Dec 01, 2022
Sell 25.8 K USD
Lahiri Ashok
Chief Technology Officer
- 2000
12.88 USD
2 years ago
Nov 01, 2022
Sell 37.5 K USD
RUST HARROLD J
President and CEO
- 2000
18.77 USD
2 years ago
Nov 01, 2022
Sell 95.4 K USD
Lahiri Ashok
Chief Technology Officer
- 5000
19.09 USD
2 years ago
Nov 01, 2022
Sell 556 K USD
Dales Gardner Cameron
Chief Commercial Officer
- 30000
18.55 USD
2 years ago
Oct 04, 2022
Sell 60 K USD
Lahiri Ashok
Chief Technology Officer
- 3000
20 USD
2 years ago
Oct 03, 2022
Sell 35.4 K USD
RUST HARROLD J
President and CEO
- 2000
17.68 USD
2 years ago
Oct 03, 2022
Sell 48.8 K USD
RUST HARROLD J
President and CEO
- 2500
19.5 USD
2 years ago
Oct 03, 2022
Sell 471 K USD
Dales Gardner Cameron
Chief Commercial Officer
- 26198
17.96 USD
2 years ago
Oct 03, 2022
Sell 70.4 K USD
Dales Gardner Cameron
Chief Commercial Officer
- 3802
18.52 USD
2 years ago
Oct 03, 2022
Sell 89 K USD
Lahiri Ashok
Chief Technology Officer
- 5000
17.81 USD
2 years ago
Sep 15, 2022
Sell 250 K USD
Lahiri Ashok
Chief Technology Officer
- 10000
25 USD
2 years ago
Sep 13, 2022
Sell 92.1 K USD
RUST HARROLD J
President and CEO
- 4500
20.46 USD
2 years ago
Sep 15, 2022
Sell 73.5 K USD
RUST HARROLD J
President and CEO
- 3000
24.5 USD
2 years ago
Sep 01, 2022
Sell 167 K USD
Lahiri Ashok
Chief Technology Officer
- 8000
20.84 USD
2 years ago
Sep 01, 2022
Sell 620 K USD
Dales Gardner Cameron
Chief Commercial Officer
- 30000
20.67 USD
2 years ago
Aug 15, 2022
Sell 125 K USD
Lahiri Ashok
Chief Technology Officer
- 5000
25 USD
2 years ago
Aug 11, 2022
Sell 200 K USD
Dales Gardner Cameron
Chief Commercial Officer
- 10000
20 USD
2 years ago
Aug 11, 2022
Sell 60 K USD
Lahiri Ashok
Chief Technology Officer
- 3000
20 USD
2 years ago
Aug 05, 2022
Sell 42 K USD
Lahiri Ashok
Chief Technology Officer
- 3000
14 USD
2 years ago
Aug 05, 2022
Sell 700 K USD
Dales Gardner Cameron
Chief Commercial Officer
- 50000
14 USD
2 years ago
Aug 01, 2022
Sell 26.6 K USD
Lahiri Ashok
Chief Technology Officer
- 2000
13.3 USD
2 years ago
Jul 20, 2022
Sell 22.4 K USD
Lahiri Ashok
Chief Technology Officer
- 2000
11.19 USD
2 years ago
May 23, 2022
Bought 900 K USD
RODGERS THURMAN J
director:
+ 100000
9 USD
2 years ago
May 13, 2022
Bought 1.77 M USD
RODGERS THURMAN J
director:
+ 200000
8.86 USD
2 years ago
May 13, 2022
Bought 885 K USD
RODGERS THURMAN J
director, 10 percent owner:
+ 100000
8.85 USD
2 years ago
May 13, 2022
Bought 89.9 K USD
HEJLEK EDWARD J
See Remarks
+ 10000
8.99 USD
2 years ago
May 13, 2022
Bought 179 K USD
MCCRANIE J DANIEL
director:
+ 20000
8.96 USD
2 years ago
Mar 08, 2022
Bought 50.8 K USD
RUST HARROLD J
President and CEO
+ 3500
14.5 USD
2 years ago
Mar 08, 2022
Bought 291 K USD
MCCRANIE J DANIEL
director:
+ 20000
14.5711 USD
3 years ago
Aug 12, 2021
Bought 71.5 K USD
HEJLEK EDWARD J
See Remarks
+ 5000
14.3 USD
3 years ago
Aug 12, 2021
Bought 295 K USD
Pietzke Steffen
Chief Financial Officer
+ 20000
14.75 USD
3 years ago
Jul 14, 2021
Bought 30 M USD
Park West Asset Management LLC
10 percent owner
+ 2142857
14 USD
4 years ago
Dec 11, 2020
Bought 991 K USD
Park West Asset Management LLC
10 percent owner
+ 80087
12.37 USD
4 years ago
Dec 10, 2020
Bought 4.44 M USD
Park West Asset Management LLC
10 percent owner
+ 386600
11.49 USD
4 years ago
Dec 11, 2020
Bought 460 K USD
Park West Asset Management LLC
10 percent owner
+ 40043
11.5 USD
4 years ago
Dec 10, 2020
Bought 2.22 M USD
Park West Asset Management LLC
10 percent owner
+ 193300
11.5 USD
4 years ago
Dec 08, 2020
Bought 1.46 M USD
Park West Asset Management LLC
10 percent owner
+ 127402
11.44 USD
4 years ago
Dec 04, 2020
Bought 7.71 M USD
Park West Asset Management LLC
10 percent owner
+ 705911
10.92 USD
4 years ago
Dec 08, 2020
Bought 733 K USD
Park West Asset Management LLC
10 percent owner
+ 63701
11.5 USD
4 years ago
Dec 04, 2020
Bought 4.06 M USD
Park West Asset Management LLC
10 percent owner
+ 352955
11.5 USD
7. News
Enovix Can Potentially Increase The Battery Life On Your AI-Enabled Smartphones Enovix is well positioned to meet the growing demand for high-energy density batteries in devices as AI-enabled applications drain more battery power. The Company is on track to achieving scale production with attractive economics per production line. The company is also well-capitalized to fund the buildout of multiple production lines. Consensus estimates may be underestimating ENVX's rapid commercial ramp potential, presenting a mispricing opportunity as valuations remain attractive despite improving fundamentals. seekingalpha.com - 1 week ago
Enovix Completes Site Acceptance Testing (SAT) of Fab2 FREMONT, Calif., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a Silicon Valley high-performance battery manufacturing company, today announced the successful completion of Site Acceptance Testing (SAT) for its High Volume Manufacturing (HVM) line at Fab2 in Malaysia. This milestone, achieved in late December, is a critical step toward enabling Fab2 to begin mass production in 2025, supporting the company's strategy to meet growing global demand for high energy density battery solutions. globenewswire.com - 1 week ago
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Enovix Corporation - ENVX NEW YORK, NY / ACCESSWIRE / January 6, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Enovix Corporation ("Enovix" or the "Company") (NASDAQ:ENVX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. accesswire.com - 1 week ago
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Enovix Corporation- ENVX NEW YORK, NY / ACCESSWIRE / January 5, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Enovix Corporation ("Enovix" or the "Company") (NASDAQ:ENVX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. accesswire.com - 1 week ago
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Enovix Corporation - ENVX NEW YORK, NY / ACCESSWIRE / January 3, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Enovix Corporation ("Enovix" or the "Company") (NASDAQ:ENVX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. accesswire.com - 2 weeks ago
Enovix Corporation (ENVX) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Contact the Firm to Learn More About the Investigation NEW YORK, NY / ACCESSWIRE / January 2, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Enovix Corporation ("Enovix" or "the Company") (NASDAQ:ENVX). Investors who purchased Enovix securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/ENVX. accesswire.com - 2 weeks ago
Levi & Korsinsky Investigates Possible Securities Fraud Violations by Enovix Corporation (ENVX) NEW YORK, NY / ACCESSWIRE / December 31, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Enovix Corporation ("Enovix Corporation") (NASDAQ:ENVX) concerning possible violations of federal securities laws. Analysts expressed concerns about the timing of the company's early November $100 million public offering announcement. accesswire.com - 2 weeks ago
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Enovix Corporation - ENVX NEW YORK, NY / ACCESSWIRE / December 31, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Enovix Corporation ("Enovix" or the "Company") (NASDAQ:ENVX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. accesswire.com - 2 weeks ago
ATTENTION Enovix Corporation Investors: You May Have Been Affected by Fraud - Contact Levi & Korsinsky to Discuss Your Rights NEW YORK, NY / ACCESSWIRE / December 31, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Enovix Corporation ("Enovix Corporation") (NASDAQ:ENVX) concerning possible violations of federal securities laws. Analysts expressed concerns about the timing of the company's early November $100 million public offering announcement. accesswire.com - 2 weeks ago
Bronstein, Gewirtz & Grossman, LLC Encourages Enovix Corporation (ENVX) Shareholders to Inquire about Securities Investigation NEW YORK, NY / ACCESSWIRE / December 31, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Enovix Corporation ("Enovix" or "the Company") (NASDAQ:ENVX). Investors who purchased Enovix securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/ENVX. accesswire.com - 2 weeks ago
Levi & Korsinsky Announces an Investigation on Behalf of Enovix Corporation (ENVX) Shareholders Who May Have Been Affected by Fraud NEW YORK, NY / ACCESSWIRE / December 30, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Enovix Corporation ("Enovix Corporation") (NASDAQ:ENVX) concerning possible violations of federal securities laws. Analysts expressed concerns about the timing of the company's early November $100 million public offering announcement. accesswire.com - 2 weeks ago
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Enovix Corporation - ENVX NEW YORK, NY / ACCESSWIRE / December 30, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Enovix Corporation ("Enovix" or the "Company") (NASDAQ:ENVX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. accesswire.com - 2 weeks ago
8. Profile Summary

Enovix Corporation ENVX

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COUNTRY US
INDUSTRY Electrical Equipment & Parts
MARKET CAP $ 2.02 B
Dividend Yield 0.00%
Description Enovix Corporation designs, develops, and manufactures lithium-ion batteries. The company was founded in 2007 and is headquartered in Fremont, California.
Contact 3501 West Warren Avenue, Fremont, CA, 94538 https://www.enovix.com
IPO Date Jan. 5, 2021
Employees 560
Officers Dr. Robert M. Spotnitz Founder Dr. James Wilcox Ph.D. Vice President of Business Development & Head of Enovix Mobility Mr. Ajay Marathe Chief Operating Officer Ms. Arthi Chakravarthy Chief Legal Officer, General Counsel & Secretary Ms. Kristina Truong Senior Vice President & Chief Accounting Officer Dr. Hongwei Yan Chief Technology Officer Ms. Iryna Romaniv Vice President of Human Resources Mr. Albert Spencer Gore Head of EV Products Mr. Jonathan Doan Senior Vice President of Research & Development Dr. Raj Talluri Ph.D. President, Chief Executive Officer & Director