Enovix (ENVX) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

ENVX Stock Forecast


Enovix (ENVX) stock forecast, based on 16 Wall Street analysts, predicts a 12-month average price target of $11.67, with a high of $21.00 and a low of $6.00. This represents a 74.18% increase from the last price of $6.70.

$5 $9 $13 $17 $21 $25 High: $21 Avg: $11.67 Low: $6 Last Closed Price: $6.7

ENVX Stock Rating


Enovix stock's rating consensus is Buy, based on 16 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 12 Buy (75.00%), 3 Hold (18.75%), 1 Sell (6.25%), and 0 Strong Sell (0.00%).

Buy
Total 16 0 1 3 12 Strong Sell Sell Hold Buy Strong Buy

ENVX Price Target Upside V Benchmarks


TypeNameUpside
StockEnovix74.18%
SectorIndustrials Stocks 17.81%
IndustryElectrical Equipment Stocks12.80%
IdeaAugmented Reality Stocks List22.86%

Price Target Trends


1M3M12M
# Anlaysts226
Avg Price Target$14.50$14.50$16.67
Last Closing Price$6.70$6.70$6.70
Upside/Downside116.42%116.42%148.81%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 26-92-112
May, 26-93--12
Apr, 26-93--12
Mar, 26-92--11
Feb, 26-92--11
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 14, 2026Craig-Hallum$8.00$6.3825.39%19.40%
May 14, 2026Colin RuschOppenheimer$21.00$6.37229.67%213.43%
Mar 12, 2026Wells Fargo$6.00$5.0119.76%-10.45%
Nov 17, 2025Gus RichardNorthland Securities$16.00$7.72107.25%138.81%
Nov 06, 2025Oppenheimer$24.00$8.81172.42%258.21%
Nov 06, 2025Cantor Fitzgerald$25.00$8.77185.06%273.13%
Aug 06, 2024Derek SoderbergCantor Fitzgerald$5.00$10.63-52.96%-25.37%
Aug 05, 2024Alexander PotterPiper Sandler$19.00$11.5664.36%183.58%
Jun 12, 2024George GianarikasCanaccord Genuity$17.00$12.3637.54%153.73%
Jan 11, 2023Canaccord Genuity$20.00$8.98122.72%198.51%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
May 14, 2026OppenheimerOutperformOutperformhold
May 14, 2026Cowen & Co.BuyBuyhold
Mar 12, 2026Bank of America SecuritiesNeutralinitialise
Feb 26, 2026OppenheimerOutperformOutperformhold
Jul 10, 2025B. RileyBuyBuyhold
Jul 08, 2025Cowen & Co.HoldHoldhold
Jul 08, 2025Craig-HallumBuyBuyhold
Oct 22, 2024OppenheimerUnderperformUnderperformhold
Oct 22, 2024Piper SandlerBuyBuyhold
Sep 13, 2024William BlairOutperformOutperformhold

Financial Forecast


EPS Forecast

$-15 $-9 $-3 $3 $9 $15 Oct 21 Oct 22 Oct 23 Oct 24 Oct 25 Oct 26 Oct 27 Oct 28
Oct 21Oct 22Oct 23Oct 24Oct 25Oct 26Oct 27Oct 28
Reported--------
Avg Forecast$-0.52$-0.57$-0.91$-0.81$-0.63$-0.44$0.73$1.67
High Forecast$-0.39$-0.46$-0.87$-0.76$-0.42$-0.28$12.56$2.64
Low Forecast$-0.62$-0.80$-0.94$-0.87$-0.74$-0.57$-11.03$1.29
Surprise %--------

Revenue Forecast

$0 $300M $600M $900M $1B $2B Oct 21 Oct 22 Oct 23 Oct 24 Oct 25 Oct 26 Oct 27 Oct 28
Oct 21Oct 22Oct 23Oct 24Oct 25Oct 26Oct 27Oct 28
Reported--------
Avg Forecast$750.00K$6.05M$3.45M$22.13M$38.18M$167.68M$529.44M$907.11M
High Forecast$860.84K$7.95M$3.60M$22.84M$55.14M$176.24M$554.30M$1.31B
Low Forecast$599.43K$5.15M$3.27M$20.50M$32.47M$159.13M$504.59M$747.77M
Surprise %--------

Net Income Forecast

$-2B $-1B $-400M $400M $1B $2B Oct 21 Oct 22 Oct 23 Oct 24 Oct 25 Oct 26 Oct 27 Oct 28
Oct 21Oct 22Oct 23Oct 24Oct 25Oct 26Oct 27Oct 28
Reported--------
Avg Forecast$-82.61M$-90.37M$-143.22M$-128.97M$-91.55M$-67.20M$-8.65M$264.57M
High Forecast$-61.05M$-72.94M$-137.29M$-119.54M$-66.72M$-44.24M$1.99B$418.37M
Low Forecast$-98.48M$-127.25M$-149.16M$-138.41M$-116.38M$-90.17M$-1.75B$204.16M
Surprise %--------

ENVX Forecast FAQ


Is Enovix stock a buy?

Enovix stock has a consensus rating of Buy, based on 16 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 12 Buy, 3 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Enovix is a favorable investment for most analysts.

What is Enovix's price target?

Enovix's price target, set by 16 Wall Street analysts, averages $11.67 over the next 12 months. The price target range spans from $6 at the low end to $21 at the high end, suggesting a potential 74.18% change from the previous closing price of $6.7.

How does Enovix stock forecast compare to its benchmarks?

Enovix's stock forecast shows a 74.18% upside, outperforming the average forecast for the industrials stocks sector (17.81%) and outperforming the electrical equipment stocks industry (12.80%), leading the augmented reality stocks list (22.86%) investment idea.

What is the breakdown of analyst ratings for Enovix over the past three months?

  • June 2026: 0% Strong Buy, 75.00% Buy, 16.67% Hold, 0% Sell, 8.33% Strong Sell.
  • May 2026: 0% Strong Buy, 75.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.
  • April 2026: 0% Strong Buy, 75.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.

What is Enovix’s EPS forecast?

Enovix's average annual EPS forecast for its fiscal year ending in October 2021 is $-0.52, marking a 0% decrease from the reported - in 2020. Estimates for the following years are $-0.57 in 2022, $-0.91 in 2023, $-0.81 in 2024, $-0.63 in 2025, $-0.44 in 2026, $0.73 in 2027, and $1.67 in 2028.

What is Enovix’s revenue forecast?

Enovix's average annual revenue forecast for its fiscal year ending in October 2021 is $750K, reflecting a 0% decrease from the reported - in 2020. The forecast for 2022 is $6.05M, followed by $3.45M for 2023, $22.13M for 2024, $38.18M for 2025, $167.68M for 2026, $529.44M for 2027, and $907.11M for 2028.

What is Enovix’s net income forecast?

Enovix's net income forecast for the fiscal year ending in October 2021 stands at $-82.612M, representing a 0% decrease from the reported - in 2020. Projections indicate $-90.371M in 2022, $-143M in 2023, $-129M in 2024, $-91.55M in 2025, $-67.203M in 2026, $-8.646M in 2027, and $264.57M in 2028.