Added to YB: 2025-09-01
Pitch date: 2025-08-28
ENVX [bearish]
Enovix Corporation
+12.24%
current return
Author Info
No bio for this author
Company Info
Enovix Corporation designs, develops, and manufactures lithium-ion battery cells in the United States and internationally.
Market Cap
$1.7B
Pitch Price
$9.85
Price Target
N/A
Dividend
N/A
EV/EBITDA
-12.86
P/E
-9.65
EV/Sales
55.40
Sector
Electrical Equipment
Category
N/A
Enovix Corporation - $ENVX
ENVX short: After 18yrs & no scaled commercial products, silicon anode battery tech lags competitors already in smartphones. Samsung SDI 'dropped' ENVX in 2023 per internal memo citing lower energy density vs current batteries. Fab2 Malaysia manufacturing struggles w/ yields well below 9.5-10M unit target. Recent AI-1 samples only 3-10% better than market batteries vs claimed 20%. Insiders selling/donating warrants. $250M warrant dividend extends runway but won't fix dim prospects.
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