Added to YB: 2025-05-05
Pitch date: 2025-05-01
ENVX [neutral]
Enovix Corporation
+36.49%
current return
Author Info
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Company Info
Enovix Corporation designs, develops, and manufactures lithium-ion battery cells in the United States and internationally.
Market Cap
$1.7B
Pitch Price
$6.33
Price Target
N/A
Dividend
N/A
EV/EBITDA
-12.86
P/E
-9.65
EV/Sales
55.40
Sector
Electrical Equipment
Category
growth
Show full summary:
Enovix Earnings: 2025, Make Or Break
ENVX downgrade to hold: Battery maker for wearables with superior tech but delaying revenue ramp to 2026+ (potentially 2027). No current revenues, $70M net cash but burning $25M FCF/qtr. Decision by end of 2025 - wait for promised growth or exit position. Tariff exemptions needed.
Read full article (4 min)