At the time of writing, Enovix Corporation [ENVX] stock is trading at $10.49, up 0.77%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ENVX shares have gain 4.90% over the last week, with a monthly amount drifted -30.35%, and not 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 a 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 $21.17 within the next 12 months. Enovix Corporation [NASDAQ: ENVX] shares were valued at $10.49 at the most recent close of the market. An investor can expect a potential return of 101.81% based on the average ENVX price forecast.
Analyzing the ENVX fundamentals
According to Enovix Corporation [NASDAQ:ENVX], the company’s sales were 26.60M for trailing twelve months, which represents an 98.20% jump. Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at -6.39%, Pretax Profit Margin comes in at -4.72%, and Net Profit Margin reading is -4.81%. To continue investigating profitability, this company’s Return on Assets is posted at -0.27, Equity is -0.6 and Total Capital is -0.41. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.94.
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 10.34 points at the first support level, and at 10.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.71, and for the 2nd resistance point, it is at 10.93.
Ratios To Look Out For
It is important to note that Enovix Corporation [NASDAQ:ENVX] has a current ratio of 4.37. Also, the Quick Ratio is 4.11, while the Cash Ratio stands at 2.6. Considering the valuation of this stock, the price to sales ratio is 77.53, the price to book ratio is 9.93.
Transactions by insiders
Recent insider trading involved Talluri Rajendra K, Officer, that happened on Aug 15 ’25 when 30187.0 shares were purchased. Director, Reichow Gregory completed a deal on May 02 ’25 to sell 8129.0 shares. Meanwhile, President and CEO Talluri Rajendra K sold 0.3 million shares on Feb 27 ’25.
