At the time of writing, Enovix Corporation [ENVX] stock is trading at $8.4, up 0.72%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ENVX shares have gain 8.53% over the last week, with a monthly amount glided 12.45%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Enovix Corporation [NASDAQ: ENVX] stock has seen the most recent analyst activity on July 24, 2025, when JP Morgan downgraded its rating to a Neutral but kept the price target unchanged to $12 for it. Previously, TD Cowen reaffirmed its Hold rating on July 08, 2025, and elevated its price target to $15. On October 31, 2024, downgrade downgraded it’s rating to Neutral. The Benchmark Company started tracking the stock assigning a Buy rating and suggested a price target of $25 on July 22, 2024. William Blair initiated its recommendation with a Outperform. TD Cowen downgraded its rating to Market Perform for this stock on July 21, 2023, and upped its price target to $20. In a note dated January 11, 2023, Canaccord Genuity initiated an Buy rating and provided a target price of $20 on this stock.
For the past year, the stock price of Enovix Corporation fluctuated between $5.27 and $16.49. Currently, Wall Street analysts expect the stock to reach $21.67 within the next 12 months. Enovix Corporation [NASDAQ: ENVX] shares were valued at $8.4 at the most recent close of the market. An investor can expect a potential return of 157.98% based on the average ENVX price forecast.
Analyzing the ENVX fundamentals
According to Enovix Corporation [NASDAQ:ENVX], the company’s sales were 30.27M for trailing twelve months, which represents an 85.08% jump. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at -5.54%, Pretax Profit Margin comes in at -5.26%, and Net Profit Margin reading is -5.26%. To continue investigating profitability, this company’s Return on Assets is posted at -0.17, Equity is -0.65 and Total Capital is -0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.16 points at the first support level, and at 7.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.61, and for the 2nd resistance point, it is at 8.82.
Ratios To Look Out For
It is important to note that Enovix Corporation [NASDAQ:ENVX] has a current ratio of 9.72. Further, the Quick Ratio stands at 9.47, while the Cash Ratio is 5.54. Considering the valuation of this stock, the price to sales ratio is 59.89, the price to book ratio is 6.15.
Transactions by insiders
Recent insider trading involved Marathe Ajay, Chief Operating Officer, that happened on Oct 08 ’25 when 18614.0 shares were sold. Officer, AJAY M MARATHE completed a deal on Oct 07 ’25 to buy 0.12 million shares. Meanwhile, Chief Operating Officer Marathe Ajay sold 0.12 million shares on Oct 02 ’25.
