Enovix Corporation (ENVX) fair value analysis
Nasdaq · Updated 2026-10-19
ENVX price how computed
Valuation status
No fair-value estimate yetENVX has no usable analyst consensus for next fiscal year's earnings, or too few reported quarters for our trailing P/E history.
Forward Fair Value needs both, so TickrTrends publishes no verdict for ENVX yet. We re-check every week; the price, fundamentals, technicals and earnings data below are unaffected.
- Last price
- $2.49
- Sector
- Industrials
- 12-month range
- $2.44–$12.32
- Market cap
- $546M
- From 52-week high
- -79.8%
- Shares outstanding
- 219M
- Rank in Industrials by quality score
- #120 of 152
Last price is the 2026-10-16 close; the chart runs through 2026-10-16.
Enovix Corporation is a company that designs and manufactures advanced battery technology, specifically silicon-dominant lithium-ion batteries intended for high-energy-density applications. The company operates primarily in the United States, with manufacturing and research facilities focused on developing next-generation battery solutions for consumer electronics, electric vehicles, and other power storage applications.
ENVX currently ranks #120 of 152 Industrials stocks by quality score.
Fundamentals (4 quarters) how computed
- Market cap
- $546M
- P/E (trailing)
- n/m
- Revenue (TTM)
- $35.9M
- Net margin
- -473.9%
- EPS (TTM)
- $-0.67
- Gross margin
- 14.4%
- Debt / equity
- 2.56
- Revenue growth (3-yr avg)
- 1470.7%
- Shares outstanding
- 219M
Derived indicators how computed
- Quality grade
- F
- Margin trend
- Expanding
- 52-week position
- The bottom quarter of its range
Technicals how computed
- RSI (14-day)
- 41 · neutral
- 50-day average
- $3.20
- 200-day average
- $5.41
- Moving-average state
- 50-day below 200-day (death cross state); price below both averages
Earnings how computed
- Next earnings report
- 2026-11-04
- Last 8 quarters vs consensus
- 8 beat, 0 missed
- Quarter by quarter
- 2026-06 ▲ beat (+5.0%)
2026-03 ▲ beat (+6.7%)
2025-12 ▲ beat (+17.6%)
2025-09 ▲ beat (+9.1%)
2025-06 ▲ beat (+13.3%)
2025-03 ▲ beat (+11.8%)
2024-12 ▲ beat (+42.1%)
2024-09 ▲ beat (+15.0%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 8 buy · 3 hold · 1 sell (12 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $9.75
- Target vs last price
- +291.6%
What our data shows for ENVX
- Shares are trading in the lower third of their 12-month price range of $2.44–$12.32.
- The 14-day relative strength index sits at a neutral 41.
What subscribers see
- Every published Forward Fair Value with its exact discount or premium
- The normalized P/E and quarter count behind each estimate
- Screeners and rankings across the full S&P 500 and Nasdaq universes
- ENVX's own verdict the week it qualifies, published automatically
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
What people are saying
Follow the ENVX conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — ENVX moved out of oversold territory this week, with its Relative Strength Index shifting from the oversold zone into neutral territory. This adjustment reflects a change in the stock's momentum dynamics within the Industrials sector. The company's valuation assessment remains pending full analysis.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — ENVX, an Industrials sector company, moved into oversold territory this week as measured by its Relative Strength Index, shifting from a neutral zone in the prior week. The stock's valuation verdict remains awaiting full valuation assessment.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-05 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — TickrTrends initiated weekly Forward Fair Value coverage of this stock.
Frequently asked questions
Is ENVX stock undervalued?
TickrTrends has no fair-value estimate for ENVX yet: there is no usable analyst consensus for next fiscal year's earnings, or too few reported quarters for a trailing P/E history. It is re-checked every week.
What is ENVX's TickrTrends verdict?
ENVX is currently marked 'No fair-value estimate yet' - a verdict publishes automatically once a forward earnings consensus and enough reported quarters are available.
How does ENVX compare to other Industrials stocks?
ENVX ranks #120 of 152 Industrials stocks in TickrTrends' coverage by quality score. It carries no fair-value verdict yet, so it is not ranked by discount.
Is ENVX overbought or oversold?
ENVX's 14-day RSI is in neutral territory - neither overbought nor oversold.
When does ENVX report earnings next?
ENVX's next earnings report is scheduled for 2026-11-04, per the published earnings calendar.
Does ENVX usually beat earnings estimates?
Over its last 8 reported quarters ENVX beat the consensus estimate 8 times and missed 0 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about ENVX?
Of 12 analysts covering ENVX, 8 rate it a buy, 3 a hold and 1 a sell - buy-leaning, with a consensus price target of $9.75 (+291.6% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.