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Enovix Corporation (ENVX)

Listed on NASDAQ • Industrials / Electrical Equipment & Parts
ENVX logo

Overview

Enovix Corporation designs, develops, and manufactures lithium-ion batteries. The company was founded in 2007 and is headquartered in Fremont, California.

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Key Information

Symbol: ENVX
CEO: Raj Talluri
Exchange: NASDAQ
CIK: 0001828318
SEC Filings: View SEC →

Stock Snapshot (Updated: Nov 05 04:00 PM EST)

Price
11.32
Change
0.21
Change %
1.89%
Open
11.27
Previous Close
11.11
High
11.65
Low
11.2
Volume
7,861,224
Market Cap
2,463,939,072
EV/EBITDA
0

Capital Structure (Updated: Nov 05 04:00 PM EST)

Shares Outstanding
217,662,457
FloatShares
172,939,201
Float Ratio
79.45%
Shares Short
55,143,978
Short Percent Of Float
The percent of float shares currently sold short. Reflects market sentiment and risk of a short squeeze.
32.66%
Short Ratio
Days needed to cover all short positions. Indicates short-selling pressure.
6.66 trading days
Held Percent Insiders
12.67%
Held Percent Institutions
46.84%

Calendar Events (Upcoming Earnings & Revenue Forecasts)

Earnings
Earnings Date 2025-11-05
Earnings Call 2025-11-05
Avg EPS Estimate -0.1568
Low EPS Estimate -0.1713
High EPS Estimate -0.13
Revenue
Avg Revenue Forecast 7,928,900
Low Revenue Forecast 7,501,000
High Revenue Forecast 8,600,000

ENVX Liquidity Indicators Shows key metrics that reflect cash availability and short-term payment ability

Field Value Description
Cash Holdings$203,412,000Cash on hand, which directly shows a company's ability to meet short-term obligations.
Quick Ratio3.972The quick ratio, which excludes inventory, measures short-term solvency; a value above 1 is considered relatively safe.
Current Ratio4.368The current ratio, calculated as current assets divided by current liabilities; the higher the value, the better the liquidity.
Total Debt$195,072,992Total liabilities, used together with cash and liquidity ratios to assess debt burden.

ENVX Profitability Indicators Shows key metrics that reflect overall earnings, margins, and core business profitability

Field Value Description
EBITDA$-135,094,000EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which measures the profitability of core operations.
Operating Cash Flow$-89,406,000Operating cash flow, which reflects a company's cash-generating ability.
Free Cash Flow$-94,511,624Free cash flow, after deducting capital expenditures, which can be used for dividends or reinvestment.
Gross Margin9.82%Gross margin; a higher value indicates stronger product profitability.
Operating Margin-585.61%Operating margin; slightly negative, indicating high operating costs.
Profit Margin0.00%Net profit margin, which reflects overall profitability.

ENVX Leverage & Financial Health Indicators Shows key metrics that reflect debt levels, liquidity, and overall financial stability

Field Value Description
Debt/Equity Ratio94.40%Low leverage level, indicating the company has low debt pressure.
Total Debt$195,072,992Used together with cash and EBITDA to assess debt-paying ability.

ENVX Growth Indicators Shows key financial metrics that reflect profitability, cash flow, and business expansion

Field Value Description
Revenue Growth (YoY)98.20%Rapid revenue growth, indicating fast business expansion.
Earnings Growth (YoY)0.00%Significant EPS growth, indicating rapid improvement in profitability.

Financial Data for ENVX (Key ratios, margins, and cash flow)

Field Value Description
Current Price$11.32Latest stock trading price
Price Target (High)$100Analyst highest expected price
Price Target (Low)$12Analyst lowest expected price
Price Target (Average)$28.8Average target price across analysts
Price Target (Median)$23.5Median of target prices
Average Rating Score1.4Average analyst rating (1=Strong Buy, 5=Sell)
Consensus Recommendationstrong_buyConsensus rating
Analyst Coverage Count10Number of analysts providing estimates
Cash Holdings$203,412,000Total cash held by the company
Cash per Share$1.03Cash value per outstanding share
Total Debt$195,072,992Company's total debt
Quick Ratio3.972Ability to cover short-term liabilities (excludes inventory)
Current Ratio4.368Overall short-term liquidity
Debt/Equity Ratio94.40%Leverage ratio: Debt / Equity
EBITDA$-135,094,000Earnings before interest, taxes, depreciation & amortization
Total Revenue$26,600,000Total company revenue
Revenue per Share$0.143Total revenue divided by shares outstanding
Gross Profit9.82%Revenue minus cost of goods sold
Return on Assets-21.71%Net income / Total assets
Return on Equity-67.36%Net income / Shareholder equity
Earnings Growth (YoY)0.00%Year-over-year EPS growth
Revenue Growth (YoY)98.20%Year-over-year revenue growth
Gross Margin9.82%Gross profit / Total revenue
EBITDA Margin0.00%EBITDA / Revenue
Operating Margin-585.61%Operating income / Revenue
Profit Margin0.00%Net income / Revenue
Free Cash Flow$-94,511,624Cash left after capital expenditures
Operating Cash Flow$-89,406,000Cash from core business operations
CurrencyUSDReported in US dollars
Last Updated2025-11-05Data source from Yahoo