Enovix Corporation designs, develops, and manufactures lithium-ion battery cells in the United States and internationally. It serves wearables and IoT, smartphone, computing, electrical vehicles, and original equipment manufacturers. The company was founded in 2007 and is headquartered in Fremont, California.
Battery Revolution | Explore Enovix's groundbreaking silicon anode technology, poised to transform energy storage for AI-enabled devices and mixed-reality applications |
Market Validation | Learn about Enovix's significant pre-paid order for MR wearables and potential Samsung partnership, signaling strong industry confidence |
Financial Trajectory | Delve into Enovix's financial outlook, with projected sales growth to $170.9 million by FY2026 and an average analyst price target of $25 |
Scaling Challenges | Discover how Enovix navigates production scaling and profitability hurdles while expanding into automotive and smartphone markets |
Metrics to compare | ENVX | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipENVXPeersSector | |
---|---|---|---|---|
P/E Ratio | −16.6x | −1.6x | 12.7x | |
PEG Ratio | −0.32 | 0.00 | 0.03 | |
Price/Book | 10.4x | 1.7x | 1.4x | |
Price / LTM Sales | 79.7x | 4.8x | 1.2x | |
Upside (Analyst Target) | 104.1% | −9.4% | 15.8% | |
Fair Value Upside | Unlock | 5.8% | 6.5% | Unlock |