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Industrials - Electrical Equipment & Parts - NASDAQ - US
$ 8.69
-2.58 %
$ 1.66 B
Market Cap
-6.84
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one ENVX stock under the worst case scenario is HIDDEN Compared to the current market price of 8.69 USD, Enovix Corporation is HIDDEN

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one ENVX stock under the base case scenario is HIDDEN Compared to the current market price of 8.69 USD, Enovix Corporation is HIDDEN

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one ENVX stock under the best case scenario is HIDDEN Compared to the current market price of 8.69 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%
4.32 M REVENUE
14.57%
-49.3 M OPERATING INCOME
44.49%
-22.6 M NET INCOME
80.48%
-30.7 M OPERATING CASH FLOW
-13.85%
-4.53 M INVESTING CASH FLOW
-1116.50%
-864 K FINANCING CASH FLOW
-2.18%
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%
-32.50% ROIC
-32.50%
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 -42.46%
ENVX Average Price Target Wall Street Target
13.7 USD 57.27%
ENVX Highest Price Target Wall Street Target
19 USD 118.64%
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
2 months ago
Dec 03, 2024
Sell 730 K USD
ATKINS BETSY S
Director
- 75000
9.73 USD
4 months ago
Oct 14, 2024
Sell 455 K USD
Chakravarthy Arthi
Chief Legal Officer
- 35000
13 USD
8 months ago
Jun 20, 2024
Sell 91 K USD
Reichow Gregory
Director
- 7500
12.14 USD
10 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
2 years 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: A Worthy Buy For Asymmetric Upside Enovix Corporation's revenue scale up is progressing slower than expected due to guidance misses and lower-than-expected throughput in its first high-volume manufacturing line. But Enovix is progressing well on smartphone customer engagements, scaling up manufacturing operations, and on battery product R&D milestones, with no delays; a respectable achievement. Valuations remain optically high for this early-stage business, but I think it is difficult to assess it on traditional valuation metrics. seekingalpha.com - 1 week ago
Enovix Corporation (ENVX) Q4 2024 Earnings Call Transcript Enovix Corporation (NASDAQ:ENVX ) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Robert Lahey - Head of Investor Relations Raj Talluri - President and Chief Executive Officer Kristina Truong - Chief Accounting Officer Ajay Marathe - Chief Operating Officer Conference Call Participants Jed Dorsheimer - William Blair Ananda Baruah - Loop Capital Markets Colin Rusch - Oppenheimer William Peterson - JPMorgan George Gianarikas - Canaccord Genuity Derek Soderberg - Cantor Fitzgerald Gus Richard - Northland Capital Markets Sean Milligan - Janney Operator Thank you for standing by and welcome to the Enovix Corporation Fourth Quarter 2024 Earnings Conference Call. Currently, all participants are in a listen-only mode. seekingalpha.com - 1 week ago
Enovix Corporation (ENVX) Reports Q4 Loss, Tops Revenue Estimates Enovix Corporation (ENVX) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.28 per share a year ago. zacks.com - 1 week ago
Enovix Announces Fourth Quarter and Full Year 2024 Financial Results FREMONT, Calif., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, announced today financial results for the fourth quarter and full year 2024, which included the summary below from its President and CEO, Dr. Raj Talluri. globenewswire.com - 1 week ago
Enovix: Very Well Positioned In 2025, I'm Long Enovix, a pre-revenue company, is developing high-performance batteries and aims to start mass production in Malaysia by late 2025. The key to Enovix's success is achieving 95% battery yields, which would enable scaling production and securing major customers. Despite past misjudgments, I'm bullish on Enovix's long-term potential, especially with a Fortune 50 partnership in the works. seekingalpha.com - 1 week ago
Enovix Corporation (ENVX) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 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. zacks.com - 2 weeks ago
Enovix Set To Meet Q4 Expectations, Eyes Smartphone Battery Breakthrough: JP Morgan JP Morgan analyst Bill Peterson reiterated an Overweight rating on the shares of Enovix Corp ENVX with a price forecast of $15.00. benzinga.com - 3 weeks ago
Glancy Prongay & Murray LLP Announces Investigation of Enovix Corporation (ENVX) NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Enovix Corporation (Nasdaq: ENVX) concerning the Company and its directors' and officers' possible violations of state laws. If you own Enovix stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenue, Suite 358, New York, NY 10169 at tkennedy@g. businesswire.com - 1 month ago
Enovix to Release Fourth Quarter and Full Year 2024 Financial Results on February 19, 2025 FREMONT, Calif., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, today announced it will release financial results for the fourth quarter and full year 2024 on Wednesday, February 19, 2025, after the close of the market. globenewswire.com - 1 month ago
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Enovix Corporation- ENVX NEW YORK, NY / ACCESS Newswire / January 18, 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. accessnewswire.com - 1 month ago
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Enovix Corporation - ENVX NEW YORK, NY / ACCESS Newswire / January 16, 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. accessnewswire.com - 1 month ago
Enovix Clinches Landmark Purchase Order for Silicon Batteries ENVX batteries will power the revolution in smart glasses, augmented reality gadgets and other cutting-edge MR products. zacks.com - 1 month ago
8. Profile Summary

Enovix Corporation ENVX

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COUNTRY US
INDUSTRY Electrical Equipment & Parts
MARKET CAP $ 1.66 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 Ms. Kristina Truong Senior Vice President & Chief Accounting Officer Dr. James Wilcox Ph.D. Vice President of Business Development & Head of Enovix Mobility Dr. Hongwei Yan Chief Technology Officer Mr. Ajay Marathe Chief Operating Officer Ms. Iryna Romaniv Vice President of Human Resources Ms. Arthi Chakravarthy Chief Legal Officer, General Counsel & Secretary 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 Dr. Robert M. Spotnitz Founder