15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 8 firms covering Enovix Corp, 5 rate it Buy or better, 2 sit at Hold, and 1 rate it Sell or worse, a moderate buy consensus. The target range is very wide, $5.50 to $21.00 (about 3.8x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $12.38 sits 212% above the current $3.97. Sentiment has cooled somewhat, with Sell ratings rising from 0 to 1 over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.14 next quarter toward $-0.57 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS8 ratings
Moderate Buy
Strong Buy00%
Buy563%
Hold225%
Sell113%
Strong Sell00%
Based on 8 analysts giving stock ratings to Enovix Corp.
As of Jul, 5 of 8 firms rate ENVX a Buy (2 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
ENVX EPS & revenue forecast
EPS · NEXT QUARTER
$-0.14
Range $-0.17 – $-0.12 · 9 analysts · +2% YoY
Next period, 9 analysts expect Enovix Corp to earn $-0.14 a share (range $-0.17 – $-0.12), versus $-0.14 a year earlier. Full-year consensus is $-0.56, growing to $-0.57 the year after.
REVENUE · NEXT QUARTER
$10.3M
Range $9.0M – $13.4M · 9 analysts · +28% YoY
Revenue is expected to reach $10.3M (range $9.0M – $13.4M), +28.3% year-over-year. Full-year consensus is $40.5M, rising to $91.1M next year.
Top analysts covering Enovix Corp
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on ENVX.
#1
Colin Rusch
Oppenheimer · Rank #160
Buy
$21.00+429.0% to target
Overall win rate
39%
+ Follow
#2
George Gianarikas
Canaccord Genuity · Rank #222
Buy
$15.00+277.8% to target
Overall win rate
37%
+ Follow
#3
Bill Peterson
JP Morgan · Rank #235
Sell
No targeton ENVX
Overall win rate
37%
+ Follow
#4
Anthony Stoss
Craig-Hallum · Rank #271
Buy
$8.00+101.5% to target
Overall win rate
35%
+ Follow
#5
Jeff Osborne
TD Cowen
Hold
$5.50+38.5% to target
Coverage
—
+ Follow
ENVX stock forecast FAQ
What is ENVX's average 12-month price target?+
The 4 analysts with a live target average $12.38 for Enovix Corp over the next 12 months, ranging from a $21.00 high to a $5.50 low.
Is ENVX stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 8 analyst ratings, 5 are Buy or Strong Buy, 2 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for ENVX?+
The Street-high target is $21.00 (Oppenheimer), and the Street-low is $5.50 (TD Cowen). The average of all 4 active targets is $12.38.
How many Wall Street analysts cover ENVX?+
8 analysts have an active rating on Enovix Corp, and 4 firms carry a live 12-month price target.
Who is the most accurate analyst covering ENVX?+
Among analysts who currently cover ENVX, Colin Rusch of Oppenheimer has the strongest overall Quantellect track record (Rank #160). Their current call is Buy with a $21.00 target.
What is Enovix Corp's projected EPS for next quarter?+
The consensus estimate is $-0.14 per share (range $-0.17 – $-0.12) across 9 analysts. Full-year EPS is projected at $-0.56, rising to $-0.57 the following year.
How much revenue is Enovix Corp expected to report next quarter?+
Consensus revenue is $10.3M (range $9.0M – $13.4M). Full-year revenue is projected at $40.5M, growing to $91.1M next year.
Have analysts been upgrading or downgrading ENVX lately?+
As of Jul, 5 of 8 firms rate ENVX a Buy (2 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their ENVX calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
