Enovix Corporation [ENVX] stock prices are down -0.35% to $14.07 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ENVX shares have gain 23.53% over the last week, with a monthly amount glided 63.23%, 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 08, 2025, when TD Cowen reiterated its Hold rating and also boosted its price target to $15 from $7. Previously, Janney downgraded its rating to Neutral on October 31, 2024. On July 22, 2024, The Benchmark Company initiated with a Buy rating and assigned a price target of $25 on the stock. William Blair started tracking the stock assigning a Outperform rating. TD Cowen downgraded its rating to a Market Perform and raised its price target to $20 on July 21, 2023. Canaccord Genuity started tracking with a Buy rating for this stock on January 11, 2023, and assigned it a price target of $20. In a note dated December 02, 2022, B. Riley Securities initiated an Buy rating and provided a target price of $19 on this stock.
The stock price of Enovix Corporation [ENVX] has been fluctuating between $5.27 and $18.68 over the past year. Currently, Wall Street analysts expect the stock to reach $21.17 within the next 12 months. Enovix Corporation [NASDAQ: ENVX] shares were valued at $14.07 at the most recent close of the market. An investor can expect a potential return of 50.46% based on the average ENVX price forecast.
Analyzing the ENVX fundamentals
The Enovix Corporation [NASDAQ:ENVX] reported sales of 26.63M for trailing twelve months, representing a surge of 99.04%. Gross Profit Margin for this corporation currently stands at 0.0% with Operating Profit Margin at -9.39%, Pretax Profit Margin comes in at -8.78%, and Net Profit Margin reading is -8.71%. To continue investigating profitability, this company’s Return on Assets is posted at -0.4, Equity is -0.97 and Total Capital is -0.49. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.82.
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 13.71 points at the first support level, and at 13.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.42, and for the 2nd resistance point, it is at 14.78.
Ratios To Look Out For
It’s worth pointing out that Enovix Corporation [NASDAQ:ENVX]’s Current Ratio is 4.68. As well, the Quick Ratio is 4.49, while the Cash Ratio is 3.29. Considering the valuation of this stock, the price to sales ratio is 101.45, the price to book ratio is 11.47.
Transactions by insiders
Recent insider trading involved Reichow Gregory, Director, that happened on May 02 ’25 when 8129.0 shares were sold. President and CEO, Talluri Rajendra K completed a deal on Feb 27 ’25 to sell 0.3 million shares. Meanwhile, Officer Talluri Rajendra K bought 0.3 million shares on Feb 27 ’25.
