Enovix/$ENVX

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About Enovix

Enovix Corp is engaged in designing, developing, manufacturing, and commercializing Lithium-ion, or Li-ion, battery cells. It uses BreakFlow and Encapsulation technologies to manufacture high capacity and resilient batteries. The company's product portfolio comprises power disc batteries, flexible lithium-ion polymer batteries, superior lithium-ion polymer batteries, active silicon lithium-ion cells, and others. Geographically, the company generates maximum revenue from its customers in South Korea, followed by Switzerland, Norway, the United States, Taiwan, and other regions.

Ticker

$ENVX
Primary listing

Industry

Electrical Equipment

Employees

570

ISIN

US2935941078

Enovix Metrics

BasicAdvanced
$1.6B
-
-$1.10
1.99
-

What the Analysts think about Enovix

Analyst ratings (Buy, Hold, Sell) for Enovix stock.

Bulls say / Bears say

Enovix secured a significant pre-paid purchase order from a leading Silicon Valley-based AI and immersive technology company for custom battery solutions designed for Mixed Reality wearables, indicating strong demand for their products. (Enovix News Release)
The company completed Site Acceptance Testing for its High Volume Manufacturing line at Fab2 in Malaysia, positioning it to begin mass production in 2025 and meet growing global demand. (Enovix News Release)
Enovix reported record revenue of $9.7 million in Q4 2024, a 30% year-over-year increase, demonstrating strong financial growth. (Enovix News Release)
The departure of CFO Farhan Ahmad in December 2024 may create short-term uncertainty during a critical transition to commercial production. (Enovix News Release)
CEO Rajendra K. Talluri sold 300,000 shares in February 2025, which could be perceived negatively by investors. (ETF Daily News)
Enovix announced a public offering of $100 million in common stock in October 2024, which could dilute existing shareholders' value. (Silicon Valley Business Journal)
Data summarised monthly by Lightyear AI. Last updated on 6 Jun 2025.

Enovix Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Enovix Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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