Enovix Corporation (ENVX)’s latest quarter sales figures and margins explained

Abby Carey

A share price of Enovix Corporation [ENVX] is currently trading at $12.87, down -1.15%. An important factor to consider is whether the stock is rising or falling in short-term value. The ENVX shares have gain 3.62% over the last week, with a monthly amount glided 40.81%, 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.

Enovix Corporation experienced fluctuations in its stock price throughout the past year 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 $12.87 at the most recent close of the market. An investor can expect a potential return of 64.49% based on the average ENVX price forecast.

Analyzing the ENVX fundamentals

Trailing Twelve Months sales for Enovix Corporation [NASDAQ:ENVX] were 26.60M which represents 98.20% growth. 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.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Enovix Corporation [NASDAQ:ENVX] is 4.37. On the other hand, the Quick Ratio is 4.11, and the Cash Ratio is 2.6. Considering the valuation of this stock, the price to sales ratio is 95.12, the price to book ratio is 12.19.

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.

MZP News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.