Enovix Corporation (ENVX)
NASDAQ: ENVX · Real-Time Price · USD
7.48
+0.90 (13.68%)
At close: May 12, 2025, 4:00 PM
7.48
0.00 (0.00%)
After-hours: May 12, 2025, 6:16 PM EDT
Enovix Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Enovix stock have an average target of 18.75, with a low estimate of 7.00 and a high estimate of 36. The average target predicts an increase of 150.67% from the current stock price of 7.48.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Enovix stock from 12 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 6 | 6 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $10 → $9 | Buy | Maintains | $10 → $9 | +20.32% | May 1, 2025 |
| TD Securities | TD Securities | Hold Maintains $10 → $7 | Hold | Maintains | $10 → $7 | -6.42% | May 1, 2025 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $17 → $12 | Strong Buy | Maintains | $17 → $12 | +60.43% | Apr 29, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $15 → $10 | Buy | Maintains | $15 → $10 | +33.69% | Apr 24, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $25 → $15 | Strong Buy | Maintains | $25 → $15 | +100.53% | Apr 15, 2025 |
Financial Forecast
Revenue This Year
35.18M
from 23.07M
Increased by 52.47%
Revenue Next Year
142.26M
from 35.18M
Increased by 304.37%
EPS This Year
-0.72
from -1.27
EPS Next Year
-0.61
from -0.72
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 42.3M | 222.6M | 930.6M | ||
| Avg | 35.2M | 142.3M | 556.1M | ||
| Low | 31.4M | 104.3M | 243.6M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 83.4% | 532.7% | 554.1% | ||
| Avg | 52.5% | 304.4% | 290.9% | ||
| Low | 35.9% | 196.4% | 71.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -0.58 | -0.37 | 1.16 | ||
| Avg | -0.72 | -0.61 | 0.70 | ||
| Low | -0.82 | -0.93 | 0.25 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.