William Blair Estimates Enovix’s Q1 Earnings (NASDAQ:ENVX)

Enovix Co. (NASDAQ:ENVX) – Stock analysts at William Blair issued their Q1 2026 earnings per share estimates for Enovix in a research report issued on Thursday, February 20th. William Blair analyst J. Dorsheimer anticipates that the company will post earnings per share of ($0.29) for the quarter. The consensus estimate for Enovix’s current full-year earnings is ($1.01) per share. William Blair also issued estimates for Enovix’s Q2 2026 earnings at ($0.29) EPS, Q3 2026 earnings at ($0.29) EPS and Q4 2026 earnings at ($0.28) EPS.

Several other research firms also recently commented on ENVX. Craig Hallum cut their target price on Enovix from $20.00 to $18.00 and set a “buy” rating for the company in a research report on Thursday, February 20th. Benchmark restated a “buy” rating and issued a $25.00 target price on shares of Enovix in a research note on Wednesday, October 30th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $30.00 target price on shares of Enovix in a report on Thursday, February 20th. Finally, Janney Montgomery Scott downgraded shares of Enovix from a “buy” rating to a “neutral” rating and set a $10.00 price target for the company. in a report on Thursday, October 31st. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $20.30.

Enovix Stock Down 3.9 %

Shares of ENVX opened at $9.44 on Monday. The company has a quick ratio of 3.61, a current ratio of 3.77 and a debt-to-equity ratio of 0.99. The company has a 50-day moving average price of $11.19 and a two-hundred day moving average price of $10.27. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of -6.51 and a beta of 1.87. Enovix has a 12 month low of $5.70 and a 12 month high of $18.68.

Enovix (NASDAQ:ENVX) last released its quarterly earnings data on Wednesday, February 19th. The company reported ($0.17) EPS for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.01. Enovix had a negative net margin of 963.17% and a negative return on equity of 96.99%. The company had revenue of $9.72 million during the quarter, compared to the consensus estimate of $8.77 million.

Hedge Funds Weigh In On Enovix

Several large investors have recently made changes to their positions in the company. Lpwm LLC acquired a new position in Enovix during the 4th quarter valued at about $549,000. Oppenheimer & Co. Inc. lifted its holdings in Enovix by 52.2% in the third quarter. Oppenheimer & Co. Inc. now owns 272,047 shares of the company’s stock valued at $2,541,000 after buying an additional 93,303 shares during the period. Stifel Financial Corp boosted its stake in Enovix by 6.2% in the third quarter. Stifel Financial Corp now owns 950,202 shares of the company’s stock valued at $8,875,000 after acquiring an additional 55,094 shares during the last quarter. Register Financial Advisors LLC grew its holdings in Enovix by 172.8% during the 4th quarter. Register Financial Advisors LLC now owns 174,850 shares of the company’s stock worth $1,901,000 after acquiring an additional 110,750 shares during the period. Finally, Sonora Investment Management Group LLC raised its position in shares of Enovix by 10.1% during the 4th quarter. Sonora Investment Management Group LLC now owns 275,901 shares of the company’s stock valued at $2,999,000 after acquiring an additional 25,271 shares during the last quarter. Institutional investors and hedge funds own 50.92% of the company’s stock.

Insider Activity

In other Enovix news, Director Betsy S. Atkins sold 75,000 shares of the company’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $9.73, for a total transaction of $729,750.00. Following the transaction, the director now owns 99,497 shares of the company’s stock, valued at approximately $968,105.81. This represents a 42.98 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 15.70% of the stock is owned by insiders.

Enovix Company Profile

Enovix Corporation designs, develops, and manufactures lithium-ion batteries. It serves wearables and IoT, smartphone, laptops and tablets, industrial and medical, and electric vehicles industries. The company was founded in 2007 and is headquartered in Fremont, California.