Stock of the Day for June 28, 2025

Enovix Stock Report

Enovix
ENVX 90-day performance NASDAQ:ENVX Enovix
Current Price
$8.14
+0.14 (+1.75%)
(As of 09/12/2025 04:00 PM ET)
30 Day Performance
-20.27%
  
  
90 Day Performance
-3.55%
  
  
1 Year Performance
-16.08%
  
  
Market Capitalization
$1.60B
Price Target
$17.00
Net Income
-$222.24M

About Enovix

Enovix Corporation (NASDAQ: ENVX) develops and manufactures advanced lithium-ion battery cells with a patented three-dimensional silicon-anode architecture. The company’s core focus is on delivering high energy density, improved safety, and longer cycle life compared to conventional graphite-based cells. Enovix’s technology targets a range of applications, including consumer electronics, wearable devices, electric vehicles and stationary energy storage systems.

Founded in 2011 and headquartered in Fremont, California, Enovix has built pilot production capability and is scaling up manufacturing capacity to meet growing demand. The company’s proprietary cell design integrates silicon anodes and a precision-engineered cell structure to minimize swelling and thermal risks. Enovix also collaborates with strategic partners across the supply chain, from raw material suppliers to equipment vendors, to streamline production and ensure product quality.

Enovix serves markets in North America, Europe and Asia, positioning its silicon-anode technology as a drop-in replacement for existing lithium-ion cells. This compatibility allows electronics and automotive manufacturers to adopt higher-performance batteries without extensive redesigns. The company is advancing toward full commercial production and has commenced initial customer sampling to validate performance under real-world conditions.

Under the leadership of CEO Harrold Rust, Enovix continues to invest in R&D, manufacturing scale-up and strategic partnerships. The management team brings experience from leading technology and battery companies, aiming to accelerate the transition to next-generation energy storage solutions.

ENVX Company Calendar

JUL. 31, 2025
Last Earnings
SEP. 15, 2025
Today
NOV. 4, 2025
Next Earnings (Estimated)
DEC. 31, 2025
Fiscal Year End

Recent Enovix News

Enovix (NASDAQ:ENVX) Shares Gap Down - Should You Sell?
Bayforest Capital Ltd Invests $385,000 in Enovix Corporation $ENVX
Enovix stock down amid news on pricing of $300M senior notes due 2030
Enovix prices $300M offering of convertible senior notes due 2023
Why Did Enovix Stock Slip In After-Hours Trading?
Analysts Set Enovix Corporation (NASDAQ:ENVX) PT at $17.00
Enovix Stock Tumbles After Hours: What To Know
This report was written by MarketBeat.com on June 28, 2025 and updated on September 15, 2025. This report first appeared on MarketBeat.com.