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ENVX

ENVX - Enovix Corporation Stock Price, Fair Value and News

7.97USD-0.06 (-0.75%)Delayed as of 28 Mar 2024, 10:58 am ET

Market Summary

ENVX
USD7.97-0.06
Delayedas of 28 Mar 2024, 10:58 am
-0.75%

ENVX Stock Price

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ENVX RSI Chart

ENVX Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

-6.32

Price/Sales (Trailing)

177.01

EV/EBITDA

-7.36

Price/Free Cashflow

-8.13

ENVX Price/Sales (Trailing)

ENVX Profitability

EBT Margin

-2809.59%

Return on Equity

-82.93%

Return on Assets

-37.94%

Free Cashflow Yield

-12.3%

ENVX Fundamentals

ENVX Revenue

Revenue (TTM)

7.6M

Rev. Growth (Yr)

147.77%

Rev. Growth (Qtr)

37.33%

ENVX Earnings

Earnings (TTM)

-214.1M

Earnings Growth (Yr)

-436.42%

Earnings Growth (Qtr)

-270.57%

Breaking Down ENVX Revenue

52 Week Range

7.8023.90
(Low)(High)

Last 7 days

4.9%

Last 30 days

-32.8%

Last 90 days

-38.8%

Trailing 12 Months

-26.8%

How does ENVX drawdown profile look like?

ENVX Financial Health

Current Ratio

5.3

Debt/Equity

0.66

Debt/Cashflow

-0.62

ENVX Investor Care

Shares Dilution (1Y)

6.79%

Diluted EPS (TTM)

-1.47

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202309.3M13.0M7.6M
20220006.2M
20210000

Tracking the Latest Insider Buys and Sells of Enovix Corporation

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 21, 2024
rodgers thurman j
gifted
-
-
-1,834
-
Mar 21, 2024
rodgers thurman j
gifted
-
-
1,834
-
Mar 18, 2024
talluri rajendra k
sold (taxes)
-87,183
7.33
-11,894
president and ceo
Mar 14, 2024
marathe ajay
sold (taxes)
-38,419
7.76
-4,951
chief operating officer
Feb 18, 2024
talluri rajendra k
sold (taxes)
-152,033
12.24
-12,421
president and ceo
Feb 14, 2024
marathe ajay
sold (taxes)
-64,972
11.73
-5,539
chief operating officer
Jan 18, 2024
talluri rajendra k
sold (taxes)
-1,803,690
9.6
-187,884
president and ceo
Jan 14, 2024
marathe ajay
sold (taxes)
-62,318
10.96
-5,686
chief operating officer
Jan 03, 2024
rodgers thurman j
gifted
-
-
3,668
-
Jan 03, 2024
rodgers thurman j
gifted
-
-
-3,668
-

1–10 of 50

Which funds bought or sold ENVX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-11.41
-86,259
655,886
-%
Mar 15, 2024
B. Riley Wealth Advisors, Inc.
sold off
-100
-133,218
-
-%
Mar 11, 2024
VANGUARD GROUP INC
added
4.14
6,056,650
161,871,000
-%
Mar 08, 2024
TRUST CO OF VERMONT
added
83.82
3,558
7,825
-%
Mar 01, 2024
Electron Capital Partners, LLC
added
20.02
6,684,830
40,556,000
1.71%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
175
22,720,400
35,732,800
-%
Feb 29, 2024
Tortoise Investment Management, LLC
unchanged
-
-15.00
6,260
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
added
0.84
5,099
863,004
-%
Feb 26, 2024
Neo Ivy Capital Management
sold off
-100
-1,631,000
-
-%
Feb 21, 2024
Raleigh Capital Management Inc.
sold off
-100
-6,589
-
-%

1–10 of 34

Are Funds Buying or Selling ENVX?

Are funds buying ENVX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ENVX
No. of Funds

Unveiling Enovix Corporation's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
park west asset management llc
0.7%
1,200,000
SC 13G/A
Feb 13, 2024
vanguard group inc
7.71%
12,928,993
SC 13G/A
Jan 29, 2024
blackrock inc.
5.9%
9,886,741
SC 13G
Feb 14, 2023
rodgers thurman j
15.7%
25,355,297
SC 13D/A
Feb 14, 2023
park west asset management llc
5.5%
8,645,805
SC 13G/A
Feb 09, 2023
vanguard group inc
6.77%
10,643,744
SC 13G
Jan 25, 2023
eclipse gp iii, llc
4.8%
7,583,258
SC 13G/A
Mar 23, 2022
york capital management global advisors, llc
0.0%
0
SC 13G/A
Feb 14, 2022
gilder gagnon howe & co llc
3.0%
4,353,847
SC 13G/A
Feb 14, 2022
york capital management global advisors, llc
6.35%
-
SC 13G

Recent SEC filings of Enovix Corporation

View All Filings
Date Filed Form Type Document
Mar 25, 2024
4
Insider Trading
Mar 20, 2024
4
Insider Trading
Mar 15, 2024
4
Insider Trading
Feb 29, 2024
10-K
Annual Report
Feb 21, 2024
4
Insider Trading
Feb 20, 2024
8-K
Current Report
Feb 15, 2024
4
Insider Trading
Feb 14, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Jan 29, 2024
SC 13G
Major Ownership Report

Peers (Alternatives to Enovix Corporation)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
51.8B
22.1B
7.15% 25.00%
36
2.35
8.21% -59.82%
25.6B
17.1B
14.55% 139.45%
16.61
1.5
-24.77% -43.97%
22.2B
5.4B
16.45% 65.13%
29.21
4.13
8.59% 39.18%
18.6B
4.8B
13.19% 52.81%
24.18
3.83
-14.85% -16.95%
14.7B
4.2B
3.26% 49.17%
26.93
3.5
11.44% 15.46%
MID-CAP
8.2B
3.9B
11.56% 36.07%
22.19
2.12
-4.63% 0.11%
7.1B
1.2B
2.55% 45.17%
39.81
6.05
31.47% 76.96%
6.8B
3.5B
28.13% 29.03%
10.45
1.96
-10.84% -25.77%
3.8B
1.7B
-6.05% 3.38%
29.68
2.3
-10.27% -35.75%
2.3B
891.3M
-13.89% -73.04%
-1.71
2.63
27.07% -89.06%
SMALL-CAP
1.3B
1.4B
8.67% 31.42%
12.54
0.93
-1.78% 53.96%
533.5M
1.8B
-14.00% -1.13%
-24.47
0.29
-5.89% -65.15%
527.4M
130.3M
24.34% 1.75%
7.87
4.05
54.06% 153.62%
524.2M
103.0M
-17.39% -64.52%
-5.25
5.09
-24.12% 4.49%
73.5M
61.2M
24.21% 66.33%
17.54
1.2
-1.21% 27.64%

Enovix Corporation News

Latest updates
Yahoo Movies UK30 hours ago
InvestorsObserver26 Mar 202412:11 pm
MarketBeat25 Mar 202409:23 pm

Enovix Corporation Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22022Q42022Q32022Q22021Q4
Revenue-100.0%-4,326,0003,150,0003,803,0001,746,000629,000-
Gross Profit25.4%-12,388,000-16,609,000-14,193,000-9,263,000-6,621,000-638,000-120,000
Operating Expenses55.1%52,389,00033,774,00037,652,00035,891,00027,058,00027,393,00023,826,500
  S&GA Expenses3.3%17,807,00017,245,00016,688,00015,425,00013,110,00011,566,00012,205,000
  R&D Expenses156.0%34,582,00013,508,00016,553,00015,545,00013,948,00015,827,00012,437,000
EBITDA Margin-Infinity%-22.90-----6.07-
Interest Expenses-74.6%396,0001,557,0001,270,000-12,000--374,000
EBT Margin-Infinity%-28.10-----6.17-
Net Income-270.6%-59,977,000-16,185,000-64,306,000-11,181,000-82,013,000-1,135,000-84,568,000
Net Income Margin-120.7%-28.01-12.69-37.27-8.33---
Free Cashflow-23.2%-56,044,000-45,500,000-36,244,000-26,683,000-37,497,000-24,632,000-28,867,000
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q4
Assets8.5%56452053941144146848750648341523023165.00
  Current Assets-14.0%3233764143013303563894163983470.000.0033.00
    Cash Equivalents-13.9%2332713432943233493854083853395.0013.0029.00
  Inventory3963.7%9.000.001.001.001.000.001.00------
  Net PPE21.8%16613711810210410491.0083.0077.0062.00--31.00
  Goodwill-12.00------------
Liabilities13.4%30326729298.0084.0010959.0085.0015692.00197-29.00
  Current Liabilities38.3%61.0044.0037.0025.0023.0018.0017.0017.0021.0015.0019779.0011.00
  Long Term Debt1.2%169167167----------
    LT Debt, Non Current1.2%169167167----------
Shareholder's Equity2.2%25825224731235635842942132632431.0043.0036.00
  Retained Earnings-11.1%-598-538-522-458-384-373-291-290-333-248-171-53.85-207
  Additional Paid-In Capital8.3%85779177077074173272071165957217759.00243
Shares Outstanding3.5%16716215915815715215315211710956396.0080.00
Minority Interest-3.00------------
Float---2,350---970---360--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q3
Cashflow From Operations3.6%-27,228-28,245-23,552-25,611-21,837-20,604-20,610-19,689-16,792-19,372-6,532-8,610-250-
  Share Based Compensation-14.8%11,62013,63315,04229,1578,2508,6998,1805,2383,9263,0422,2571,555-81.00
Cashflow From Investing78.4%-10,941-50,555-78,428-3,032-4,846-16,893-4,022-10,451-12,075-10,936-13,432-7,141-230,000-
Cashflow From Financing-66.0%2,1966,465151,381-4575271,7741,18453,02575,414364,10311,649-76.00231,024-
  Buy Backs-70.0%3.0010.004.009.001.001.005.003.0014.003.005.005.00--

ENVX Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2023
Jan. 01, 2023
Jan. 02, 2022
Income Statement [Abstract]   
Revenue$ 7,644,000$ 6,202,000$ 0
Cost of revenue63,061,00023,239,0001,967,000
Gross margin(55,417,000)(17,037,000)(1,967,000)
Operating expenses:   
Research and development88,392,00058,051,00037,850,000
Selling, general and administrative79,014,00051,970,00029,705,000
Impairment of equipment[1]4,411,0004,921,0000
Restructuring cost3,021,00000
Total operating expenses174,838,000114,942,00067,555,000
Loss from operations(230,255,000)(131,979,000)(69,522,000)
Other income (expense):   
Change in fair value of common stock warrants and convertible preferred stock warrants6,180,00075,180,000(56,141,000)
Interest income14,070,0005,231,00037,000
Interest expense(4,456,000)0(187,000)
Other income (expense), net(304,000)(54,000)(61,000)
Total other income (expense), net15,490,00080,357,000(56,352,000)
Loss before income tax benefit(214,765,000)(51,622,000)(125,874,000)
Income tax benefit(633,000)00
Net loss(214,132,000)(51,622,000)(125,874,000)
Net loss attributable to non-controlling interests(61,000)00
Net loss attributable to Enovix$ (214,071,000)$ (51,622,000)$ (125,874,000)
Net loss per share attributable to Enovix shareholders, basic (in dollars per share)$ (1.35)$ (0.34)$ (1.07)
Weighted average number of common shares outstanding, basic (in shares)159,065,697152,918,287117,218,893
Net loss per share attributable to Enovix shareholders, diluted (in dollars per share)$ (1.38)$ (0.82)$ (1.07)
Weighted average number of common shares outstanding, diluted (in shares)159,575,555154,149,367117,218,893
[1]As of December 31, 2023, $0.6 million of the $4.4 million impairment of equipment, was recorded as accrued expenses on the Consolidated Balance Sheet. As of January 1, 2023, $1.7 million of the $4.9 million impairment of equipment was recorded as accrued expenses on the Consolidated Balance Sheet.

ENVX Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Jan. 01, 2023
Current assets:  
Cash and cash equivalents$ 233,121,000$ 322,851,000
Short-term investments73,694,0000
Accounts receivable, net909,000170,000
Notes receivable, net1,514,0000
Inventory8,737,000634,000
Prepaid expenses and other current assets5,202,0005,993,000
Total current assets323,177,000329,648,000
Property and equipment, net166,471,000103,868,000
Customer relationship intangibles and other intangibles, net42,168,0000
Operating lease, right-of-use assets15,290,0006,133,000
Goodwill12,098,0000
Other assets, non-current5,100,000937,000
Total assets564,304,000440,586,000
Current liabilities:  
Accounts payable21,251,0007,077,000
Accrued expenses13,976,0007,089,000
Accrued compensation10,731,0008,097,000
Short-term debt5,917,0000
Deferred revenue6,708,00050,000
Other liabilities2,435,000716,000
Total current liabilities61,018,00023,029,000
Long-term debt, net169,099,0000
Warrant liability42,900,00049,080,000
Operating lease liabilities, non-current15,594,0008,234,000
Deferred revenue, non-current3,774,0003,724,000
Deferred tax liability10,803,0000
Other liabilities, non-current13,00092,000
Total liabilities303,201,00084,159,000
Commitments and Contingencies (Note 10)
Stockholders’ equity:  
Common stock, $0.0001 par value; authorized shares of 1,000,000,000; issued and outstanding shares of 167,392,315 and 157,461,802 as of December 31, 2023 and January 1, 2023, respectively17,00015,000
Preferred stock, $0.0001 par value; authorized shares of 10,000,000; no shares issued or outstanding as of December 31, 2023 and January 1, 2023, respectively00
Additional paid-in-capital857,037,000741,186,000
Accumulated other comprehensive loss(62,000)0
Accumulated deficit(598,845,000)(384,774,000)
Total Enovix's stockholders’ equity258,147,000356,427,000
Non-controlling interest2,956,0000
Total equity261,103,000356,427,000
Total liabilities and equity$ 564,304,000$ 440,586,000
ENVX
Enovix Corporation designs, develops, and manufactures lithium-ion batteries. The company was founded in 2007 and is headquartered in Fremont, California.
 CEO
 WEBSITEwww.enovix.com
 EMPLOYEES335

Enovix Corporation Frequently Asked Questions


What is the ticker symbol for Enovix Corporation? What does ENVX stand for in stocks?

ENVX is the stock ticker symbol of Enovix Corporation. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Enovix Corporation (ENVX)?

As of Wed Mar 27 2024, market cap of Enovix Corporation is 1.35 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ENVX stock?

You can check ENVX's fair value in chart for subscribers.

What is the fair value of ENVX stock?

You can check ENVX's fair value in chart for subscribers. The fair value of Enovix Corporation is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Enovix Corporation is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ENVX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Enovix Corporation a good stock to buy?

The fair value guage provides a quick view whether ENVX is over valued or under valued. Whether Enovix Corporation is cheap or expensive depends on the assumptions which impact Enovix Corporation's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ENVX.

What is Enovix Corporation's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Mar 27 2024, ENVX's PE ratio (Price to Earnings) is -6.32 and Price to Sales (PS) ratio is 177.01. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ENVX PE ratio will change depending on the future growth rate expectations of investors.