ENOVIX CORPORATION
Enovix Corporation (ENVX) develops advanced lithium-ion battery cells built around a 3D silicon‑anode architecture. The company aims to deliver higher energy density and a smaller form factor than many conventional graphite‑anode cells, which could appeal to consumer electronics, wearables and other compact applications. Enovix operates as a fab‑lite manufacturer with plans for its own production facilities as it scales — a process that can be capital‑intensive and operationally complex. For investors, the key things to watch are technology validation at scale, manufacturing yield and customer adoption, alongside cash flow and funding needs as the business grows. Competition is strong from established battery producers and new entrants pursuing different chemistries. This summary is general educational information, not personal financial advice; investments can fall as well as rise and past performance is not a guide to the future. Suitability depends on individual circumstances — speak to a regulated adviser for tailored advice.
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying Enovix Corporation's stock with a target price of $26.64, indicating strong growth potential.
Financial Health
Enovix is generating modest revenue and cash flow, but its profitability is currently low.
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Baskets Featuring ENVX
Solid-State Battery Enablers
These carefully selected companies are building the foundation for a battery revolution focused on enhanced safety and energy density. Professional analysts have identified these critical suppliers and patent-holders as key beneficiaries of the shift to solid-state technology across the energy storage market.
Published: June 17, 2025
Explore BasketWhy You’ll Want to Watch This Stock
Energy Density Edge
Silicon‑anode design targets higher energy per cell and smaller packages — a potential advantage for compact devices, though technical and scale challenges remain.
Manufacturing Scale-Up
Moving from prototypes to high‑volume production is capital‑intensive and operationally demanding; investors should watch yield, unit costs and production milestones.
Market Applications
Focus areas include wearables and portable electronics with possible expansion to automotive and data centre markets, subject to customer adoption and regulatory requirements.
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