MENU
+Compare
ENVX
Stock ticker: NASDAQ
AS OF
Apr 3 closing price
Price
$6.63
Change
-$1.00 (-13.11%)
Capitalization
1.35B

ENVX Enovix Corp Forecast, Technical & Fundamental Analysis

Enovix Corp is engaged in designing, developing, manufacturing, and commercializing Lithium-ion, or Li-ion, battery cells... Show more

ENVX
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
a Summary for ENVX with price predictions
Apr 03, 2025

Momentum Indicator for ENVX turns negative, indicating new downward trend

ENVX saw its Momentum Indicator move below the 0 level on March 28, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 67 similar instances where the indicator turned negative. In of the 67 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for ENVX turned negative on April 03, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 31 similar instances when the indicator turned negative. In of the 31 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ENVX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for ENVX entered a downward trend on April 03, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for ENVX's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ENVX advanced for three days, in of 240 cases, the price rose further within the following month. The odds of a continued upward trend are .

ENVX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ENVX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (5.163) is normal, around the industry mean (4.032). P/E Ratio (39.370) is within average values for comparable stocks, (40.807). ENVX's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.638). Dividend Yield (0.000) settles around the average of (0.096) among similar stocks. P/S Ratio (163.934) is also within normal values, averaging (137.305).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ENVX’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock worse than average.

View a ticker or compare two or three
ENVX
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I. Advisor
published Earnings

ENVX is expected to report earnings to rise 50.00% to -16 cents per share on May 07

Enovix Corp ENVX Stock Earnings Reports
Q1'25
Est.
$-0.17
Q4'24
Beat
by $0.08
Q3'24
Beat
by $0.04
Q2'24
Beat
by $0.10
Q1'24
Est.
$-0.31
The last earnings report on February 19 showed earnings per share of -10 cents, beating the estimate of -18 cents. With 13.37M shares outstanding, the current market capitalization sits at 1.35B.
A.I. Advisor
published General Information

General Information

Industry ElectricalProducts

Profile
Fundamentals
Details
Industry
N/A
Address
3501 W. Warren Avenue
Phone
+1 510 695-2350
Employees
560
Web
https://www.enovix.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
HIAOX17.27N/A
N/A
Hartford International Opp HLS IA
JGACX26.73N/A
N/A
JPMorgan Growth Advantage C
PABVX15.29N/A
N/A
Principal MidCap Value I R5
AUUIX21.32N/A
N/A
AB Select US Equity I
SGNFX44.66N/A
N/A
Sparrow Growth No-Load

ENVX and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, ENVX has been loosely correlated with RUN. These tickers have moved in lockstep 54% of the time. This A.I.-generated data suggests there is some statistical probability that if ENVX jumps, then RUN could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ENVX
1D Price
Change %
ENVX100%
-13.17%
RUN - ENVX
54%
Loosely correlated
-2.80%
NOVA - ENVX
51%
Loosely correlated
-2.93%
SLDP - ENVX
43%
Loosely correlated
-4.76%
MAXN - ENVX
42%
Loosely correlated
-7.54%
AEIS - ENVX
42%
Loosely correlated
-13.11%
More