Enovix Corporation [ENVX] stock prices are up 3.27% to $10.42 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ENVX shares have gain 14.00% over the last week, with a monthly amount glided 1.46%, 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 a Buy rating and provided a target price of $20 on this stock.
The stock price of Enovix Corporation [ENVX] has been fluctuating between $5.27 and $16.49 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 $10.42 at the most recent close of the market. An investor can expect a potential return of 103.17% based on the average ENVX price forecast.
Analyzing the ENVX fundamentals
The Enovix Corporation [NASDAQ:ENVX] reported sales of 26.60M for trailing twelve months, representing a surge of 98.20%. 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 10.00 points at the first support level, and at 9.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.66, and for the 2nd resistance point, it is at 10.91.
Ratios To Look Out For
It’s worth pointing out that Enovix Corporation [NASDAQ:ENVX]’s Current Ratio is 4.37. In addition, the Quick Ratio stands at 4.11 and the Cash Ratio stands at 2.6. Considering the valuation of this stock, the price to sales ratio is 77.01, the price to book ratio is 9.87.
Transactions by insiders
Recent insider trading involved Thurman J Rodgers, Director, that happened on Aug 28 ’25 when 1.91 million shares were purchased. Officer, Talluri Rajendra K completed a deal on Aug 15 ’25 to buy 30187.0 shares. Meanwhile, Director Reichow Gregory sold 8129.0 shares on May 02 ’25.