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ENVX

ENVX - Enovix Corporation Stock Price, Fair Value and News

12.21USD-0.68 (-5.28%)Market Closed

Market Summary

ENVX
USD12.21-0.68
Market Closed
-5.28%

ENVX Stock Price

View Fullscreen

ENVX RSI Chart

ENVX Valuation

Market Cap

2.1B

Price/Earnings (Trailing)

-11.11

Price/Sales (Trailing)

271.55

EV/EBITDA

-13.19

Price/Free Cashflow

-11.05

ENVX Price/Sales (Trailing)

ENVX Profitability

EBT Margin

-2809.59%

Return on Equity

-81.49%

Return on Assets

-36.71%

Free Cashflow Yield

-9.05%

ENVX Fundamentals

ENVX Revenue

Revenue (TTM)

7.6M

Rev. Growth (Yr)

96.57%

Rev. Growth (Qtr)

9.86%

ENVX Earnings

Earnings (TTM)

-186.8M

Earnings Growth (Yr)

37%

Earnings Growth (Qtr)

22.69%

Breaking Down ENVX Revenue

Last 7 days

16.5%

Last 30 days

30.7%

Last 90 days

55.7%

Trailing 12 Months

-10.4%

How does ENVX drawdown profile look like?

ENVX Financial Health

Current Ratio

4.89

Debt/Equity

0.73

Debt/Cashflow

-0.68

ENVX Investor Care

Shares Dilution (1Y)

7.49%

Diluted EPS (TTM)

-1.27

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20240000
20236.6M6.9M7.3M7.6M
20220006.2M

Tracking the Latest Insider Buys and Sells of Enovix Corporation

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 09, 2024
chakravarthy arthi
sold (taxes)
-9,777
10.48
-933
chief legal officer
Jun 09, 2024
talluri rajendra k
sold (taxes)
-44,896
10.48
-4,284
president and ceo
Jun 09, 2024
marathe ajay
sold (taxes)
-15,594
10.48
-1,488
chief operating officer
Jun 09, 2024
ahmad farhan
sold (taxes)
-18,036
10.48
-1,721
chief financial officer
May 27, 2024
chakravarthy arthi
sold (taxes)
-23,911
10.81
-2,212
chief legal officer
May 24, 2024
marathe ajay
acquired
-
-
5,301
chief operating officer
May 24, 2024
talluri rajendra k
sold (taxes)
-36,429
10.81
-3,370
president and ceo
May 24, 2024
ahmad farhan
acquired
-
-
2,126
chief financial officer
May 24, 2024
ahmad farhan
sold (taxes)
-14,031
10.81
-1,298
chief financial officer
May 24, 2024
marathe ajay
sold (taxes)
-30,235
10.81
-2,797
chief operating officer

1–10 of 50

Which funds bought or sold ENVX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 24, 2024
Cetera Investment Advisers
new
-
393,876
393,876
-%
May 20, 2024
Virtu Financial LLC
new
-
88,000
88,000
0.01%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-1.29
-664,617
1,139,010
-%
May 16, 2024
Adalta Capital Management LLC
added
18.12
-140,415
434,391
0.24%
May 16, 2024
B. Riley Wealth Advisors, Inc.
new
-
133,218
133,218
-%
May 16, 2024
JANE STREET GROUP, LLC
added
3.1
-3,110,690
6,027,330
-%
May 16, 2024
Tidal Investments LLC
reduced
-8.17
-315,924
449,962
0.01%
May 16, 2024
AVENIR CORP
added
12.25
-90,322
230,127
0.02%
May 16, 2024
COMERICA BANK
unchanged
-
-26,262
46,642
-%
May 16, 2024
Beacon Capital Management, LLC
added
71.92
3,052
34,427
0.01%

1–10 of 32

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
Jun 10, 2024
4
Insider Trading
Jun 10, 2024
4
Insider Trading
Jun 10, 2024
4
Insider Trading
Jun 10, 2024
4
Insider Trading
Jun 05, 2024
DEFA14A
DEFA14A
May 29, 2024
4
Insider Trading
May 29, 2024
4
Insider Trading
May 29, 2024
4
Insider Trading
May 29, 2024
4
Insider Trading
May 20, 2024
4
Insider Trading

Peers (Alternatives to Enovix Corporation)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
58.0B
23.0B
-2.20% 38.27%
43.2
2.52
9.35% -48.07%
20.1B
5.5B
-7.41% 16.73%
27.72
3.67
8.06% 32.52%
19.3B
4.9B
-3.77% 68.60%
22.49
3.94
-3.54% 3.11%
18.3B
17.1B
-13.01% 21.59%
12.46
1.07
-18.27% -40.02%
10.4B
-
-20.42% -7.06%
18.97
3.13
6.67% 16.79%
MID-CAP
7.8B
3.9B
-5.28% 48.06%
20.56
2.02
-6.35% -0.40%
6.2B
1.2B
0.25% 21.48%
34.75
5.37
19.83% 50.95%
5.0B
3.4B
-13.16% -3.55%
8.06
1.48
-11.52% -24.82%
4.0B
1.6B
-0.73% -0.29%
38.94
2.56
-16.80% -47.08%
2.0B
801.3M
-20.82% -75.05%
-1.38
2.5
3.94% -88.36%
SMALL-CAP
1.4B
1.4B
-7.78% 43.28%
13.74
0.97
-1.65% -4.32%
520.1M
141.5M
-1.89% 13.54%
9.06
3.68
64.77% 235.59%
447.6M
1.8B
-8.95% -8.24%
-18.34
0.25
-6.26% -71.83%
407.6M
87.1M
-4.65% -69.63%
-3.29
4.68
-44.79% -37.52%
57.4M
60.9M
-2.19% 28.87%
13.62
0.94
4.81% 82.22%

Enovix Corporation News

Latest updates
Defense World13 hours ago
MarketBeat12 Jun 202406:22 pm

Enovix Corporation Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q2
Revenue9.9%5,272,0004,799,0004,326,0003,150,0002,682,0002,214,0001,746,000629,000
Gross Profit85.5%-1,800,000-12,388,000-16,609,000-14,193,000-12,227,000-9,263,000-6,621,000-638,000
Operating Expenses30.4%68,336,00052,389,00033,774,00037,652,00051,023,00035,891,00027,058,00027,393,000
  S&GA Expenses9.8%19,548,00017,807,00017,245,00016,688,00027,274,00015,425,00013,110,00011,566,000
  R&D Expenses41.1%48,788,00034,582,00013,508,00016,553,00023,749,00015,545,00013,948,00015,827,000
EBITDA Margin13.1%-20.05-23.06-4.42-4.98-5.80-7.04--
Interest Expenses1.8%1,659,0001,629,0001,557,0001,270,000--12,000--
Income Taxes-Infinity%-152,000-------
Earnings Before Taxes-Infinity%-46,649,000----73,603,000---
EBT Margin0%-28.10-28.10-7.09-7.46-7.87-8.32--
Net Income22.7%-46,368,000-59,977,000-16,185,000-64,306,000-73,603,000-11,181,000-82,013,000-1,135,000
Net Income Margin12.7%-24.44-28.01-22.69-33.38-25.59-8.32--
Free Cashflow10.5%-50,132,000-56,044,000-45,500,000-36,244,000-28,643,000-26,683,000-37,497,000-24,632,000
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q4
Assets-9.8%50956452053941144146848750648341523023165.00
  Current Assets-14.0%2783233764143013303563894163983470.000.0033.00
    Cash Equivalents-4.7%2222332713432943233493854083853395.0013.0029.00
  Inventory-25.2%7.009.000.001.001.001.000.001.00------
  Net PPE-4.4%15916613711810210410491.0083.0077.0062.00--31.00
  Goodwill1.0%12.0012.00------------
Liabilities-8.7%27730326729298.0084.0010959.0085.0015692.00197-29.00
  Current Liabilities-6.8%57.0061.0044.0037.0025.0023.0018.0017.0017.0021.0015.0019779.0011.00
  Long Term Debt-0.5%168169167167----------
    LT Debt, Non Current-0.5%168169167167----------
Shareholder's Equity-11.2%22925825224731235635842942132632431.0043.0036.00
  Retained Earnings-7.7%-645-598-538-522-458-384-373-291-290-333-248-171-53.85-207
  Additional Paid-In Capital2.0%87585779177077074173272071165957217759.00243
Shares Outstanding1.4%170167162159156157152153152117109563--
Minority Interest-4.4%3.003.00------------
Float----2,350---970---360--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q3
Cashflow From Operations-28.7%-35,044-27,228-28,245-23,552-25,611-21,837-20,604-20,610-19,689-16,792-19,372-6,532-8,610-250-
  Share Based Compensation9.8%12,76011,62013,63315,04229,1578,2508,6998,1805,2383,9263,0422,2571,555-81.00
Cashflow From Investing274.6%19,106-10,941-50,555-78,428-3,032-4,846-16,893-4,022-10,451-12,075-10,936-13,432-7,141-230,000-
Cashflow From Financing147.3%5,4302,1966,465151,381-4575271,7741,18453,02575,414364,10311,649-76.00231,024-
  Buy Backs-100.0%-3.0010.004.009.001.001.005.003.0014.003.005.005.00--
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ENVX Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Apr. 02, 2023
Income Statement [Abstract]  
Revenue$ 5,272$ 21
Cost of revenue7,07212,248
Gross margin(1,800)(12,227)
Operating expenses:  
Research and development48,78823,749
Selling, general and administrative19,54827,274
Total operating expenses68,33651,023
Loss from operations(70,136)(63,250)
Other income (expense):  
Change in fair value of common stock warrants21,120(12,840)
Interest income3,5602,466
Interest expense(1,659)0
Other income, net46621
Total other income (expense), net23,487(10,353)
Loss before income tax benefit(46,649)(73,603)
Income tax benefit(152)0
Net loss(46,497)(73,603)
Net loss attributable to non-controlling interests(129)0
Net loss attributable to Enovix$ (46,368)$ (73,603)
Net loss per share attributable to Enovix shareholders, basic (in dollars per share)$ (0.28)$ (0.47)
Weighted average number of common shares outstanding, basic (in shares)168,144,918155,626,977
Net loss per share attributable to Enovix shareholders, diluted (in dollars per share)$ (0.28)$ (0.47)
Weighted average number of common shares outstanding, diluted (in shares)168,144,918155,626,977

ENVX Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 222,150$ 233,121
Short-term investments40,24373,694
Accounts receivable, net1,728909
Notes receivable, net1441,514
Inventory6,5368,737
Prepaid expenses and other current assets7,2075,202
Total current assets278,008323,177
Property and equipment, net159,164166,471
Customer relationship intangibles and other intangibles, net39,96342,168
Operating lease, right-of-use assets14,85115,290
Goodwill12,21712,098
Other assets, non-current4,7005,100
Total assets508,903564,304
Current liabilities:  
Accounts payable19,27721,251
Accrued expenses11,67713,976
Accrued compensation9,28110,731
Short-term debt8,4885,917
Deferred revenue5,3066,708
Other liabilities2,8552,435
Total current liabilities56,88461,018
Long-term debt, net168,275169,099
Warrant liability21,78042,900
Operating lease liabilities, non-current14,81315,594
Deferred revenue, non-current3,7743,774
Deferred tax liability11,25910,803
Other liabilities, non-current1313
Total liabilities276,798303,201
Commitments and Contingencies (Note 9)
Stockholders’ equity:  
Common stock, $0.0001 par value; authorized shares of $1,000,000,000; issued and outstanding shares of $169,738,474 and $167,392,315 as of March 31, 2024 and December 31, 2023, respectively1717
Additional paid-in-capital874,527857,037
Accumulated other comprehensive loss(53)(62)
Accumulated deficit(645,213)(598,845)
Total Enovix's stockholders’ equity229,278258,147
Non-controlling interest2,8272,956
Total equity232,105261,103
Total liabilities and equity$ 508,903$ 564,304
ENVX
Enovix Corporation designs, develops, and manufactures lithium-ion batteries. The company was founded in 2007 and is headquartered in Fremont, California.
 CEO
 WEBSITEenovix.com
 INDUSTRYCommunication Equipment
 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 Fri Jun 14 2024, market cap of Enovix Corporation is 2.08 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 Fri Jun 14 2024, ENVX's PE ratio (Price to Earnings) is -11.11 and Price to Sales (PS) ratio is 271.55. 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.