Enovix Corporation (ENVX) Stock Price, News, and Quote
The keyword “envx” is gaining traction, especially among tech investors, thanks to the rise of Enovix Corporation. If you’re looking to understand what ENVX is, how the stock performs, and whether it’s a smart buy, this article breaks everything down in a simple and engaging way.
Table of Contents
About the Company: Enovix Corporation
Enovix Corporation is a Silicon Valley-based battery technology company focused on revolutionizing lithium-ion batteries with advanced designs. With innovation at the core, Enovix aims to power the next generation of mobile devices, wearables, and electric vehicles.
Quick Company Facts:
- CEO: Raj Talluri (appointed on January 18, 2023)
- Headquarters: California, United States
- Number of Employees: 570 (as of 2024)
- Subsidiary: Routejade Inc.
With a growing workforce and strong leadership, Enovix is positioning itself as a key player in the energy storage revolution.
Enovix Corporation (ENVX) Stock Price, News, Quote
ENVX stock represents Enovix Corporation, a company at the forefront of advanced lithium-ion battery design and manufacturing. As of recent updates, ENVX stock price has shown volatility but retains long-term investor interest due to the tech behind it.
Key Stock Highlights:
- NASDAQ symbol: ENVX
- Industry: Battery tech & energy storage
- Notable for its Silicon-Anode Lithium-Ion Battery architecture
- Attracts retail and institutional investors
The market frequently covers ENVX stock news with developments related to tech innovation, government contracts, and production scaling. Keep an eye on ENVX for the latest movements.
What Does the ENVX Company Do?
So, what exactly is Enovix Corporation all about? ENVX designs and produces next-gen batteries for wearables, smartphones, AR devices, and even electric vehicles.
What Sets ENVX Apart:
- Uses silicon instead of graphite for battery anodes
- Delivers higher energy density and safety
- Targets markets like consumer electronics, defense, and EVs
- Invests heavily in R&D and mass production
The company’s tech promises batteries that charge faster and last longer, giving it an edge in a market demanding smarter energy solutions.
Financials
Let’s talk numbers. Enovix has been actively growing and investing in infrastructure, which is reflected in its financial performance.
Quarterly Financials (USD) – December 2024:
Metric | Value | Y/Y Growth |
Revenue | $9.717M | 31.65% |
Net Income | -$37.5M | 37.53% |
Diluted EPS | -0.20 | 45.95% |
Net Profit Margin | -385.56% | 52.55% |
Earnings Calls:
Quarter | EPS Beat | Revenue Beat |
Dec 2024 | Beat by 38.89% | Beat by 10.79% |
Despite negative net income, the significant EPS and revenue beats are positive signs that the company is exceeding expectations as it scales.
Is ENVX a Good Investment?
Investors ask this all the time: is ENVX a buy? It depends on your risk appetite and how bullish you are on battery tech.
Why ENVX Might Be Worth It:
- Disruptive battery technology
- Strong R&D pipeline
- Partnerships with OEMs and government agencies
- Positioned in a growing $100B+ battery market
However, ENVX is still scaling production and hasn’t posted consistent profits. If you’re into long-term growth, ENVX could be a solid speculative play.
Who Is Invested in Enovix?
Curious about who’s backing envx? Several institutional investors and hedge funds have put their money into Enovix.
Major Investors Include:
- BlackRock
- Vanguard Group
- State Street Corporation
- Various tech-focused investment firms
Retail investors also show strong interest in ENVX thanks to its potential to disrupt energy storage. The investor profile shows confidence in the company’s tech and roadmap.
Does Enovix Have a Future?
Let’s be real—ENVX has a future if it executes on promises. The battery industry is booming, and Enovix is betting big on its tech.
Why the Future Looks Bright:
- Growing need for high-performance batteries
- Partnerships with government and defense sectors
- Rising demand from EV and mobile markets
- Ongoing expansion of production facilities
The question isn’t if ENVX has a future—it’s whether it can scale fast enough to lead the charge.
Enovix Corp (ENVX) Stock Price & News
The ENVX stock price is influenced by tech rollouts, quarterly earnings, and news around contracts or partnerships.
What Moves ENVX Stock:
- Earnings reports & analyst upgrades
- Product updates (battery performance milestones)
- Production plant updates
- Macroeconomic factors impacting tech stocks
Staying updated on ENVX stock news is key if you’re holding or watching the stock.
ENOVIX CORP Share Price, ENVX Stock Price Quote Today
You can check the ENVX stock quote today on financial platforms like Yahoo Finance, Google Finance, or NASDAQ.
ENVX Stock Price:
Date | Open | High | Low | Close |
April 1 | $12.05 | $12.45 | $11.87 | $12.30 |
April 2 | $12.30 | $12.85 | $12.10 | $12.70 |
These numbers change daily based on news and market sentiment. Tracking ENVX stock price live helps in making smart trading decisions.
Enovix Corporation Common Stock (ENVX)
ENVX shares are classified as common stock, meaning shareholders have:
- Voting rights
- A claim on future earnings and assets
- Exposure to stock price appreciation
This makes ENVX suitable for both growth investors and tech bulls betting on the next-gen energy shift.
Envx Stock Price Target
Analyst price targets give a rough idea of where ENVX could head.
Recent Analyst Forecasts:
- High Target: $28.00
- Average Target: $19.50
- Low Target: $12.00
These are based on projections related to production scale, new deals, and financial performance. Price targets aren’t guarantees—but they’re good indicators.
Final Thoughts on ENVX
The hype around envx isn’t just noise. Enovix Corporation is legit pushing boundaries in battery tech. With big names backing it and promising product innovation, ENVX is definitely a stock to watch in 2025 and beyond. As always, do your own research before investing. The future of energy storage might just have ENVX written all over it.
Keep an eye on envx if you believe in smarter, faster, and safer batteries. It could be the game-changer your portfolio needs.