ENVX · Enovix Corp
$2.66
-0.01 (-0.35%)
At close · Oct 6
Return incl. dividend (before tax)
Market Cap
$585.93M
Shares
219.45M
Volume · Oct 5
4.63M
Avg daily vol (3M)
7.22M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$2.67
Open$2.83
Day$2.66–2.83
52W close$2.56–13.19
Avg vol 30d6.5M
Short int52.9M · 24.1% float · 9.6d
Short vol51%
Last earningsAug 12, 2026
DataJan 2021–Oct 2026
Filing10-Q · Aug 12
Up next
Next earnings call
Nov 14, 2026
Est · unconfirmed
· in 6 wks
filed Aug 12, 2026
call held Aug 12, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
—
Trailing 12 months
Net income (TTM)
—
Trailing 12 months
Revenue growth YoY
—
Year over year
Operating margin
—
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
—
Year over year · more shares
Price change (1Y)
-76.0%
Trailing year
Short interest
24.1%
Latest settlement · 9.6 days to cover
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Sell
Momentum
Very Weak
Sentiment
Neutral
Fundamentals
Strong
Quant / Vol
Very High
Market backdrop
VIX 15.5 · calm
Equity put/call 0.59
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−53%
below
Price vs 50-day avg
−24%
below
RSI (14)
36
neutral
MACD trend
Positive
52-week position
1%
near low
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−20%
trailing
6-month return
−58%
trailing
YTD return
−63%
this year
Relative strength
−70%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $3 › 200d $6 — 200d above 50d
Institutional flow
Distributing
2 of 308 funds reported for Sep 30 · net -1.7K sh shares · +1 new
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
24.13% of float · ▼ -1.4% MoM · 9.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
308 holders — mid 3-yr range
Squeeze score
67
elevated · 0–100
Fundamentals
Revenue growth
+38%
Y/Y
Gross margin
19%
expanding
EPS growth
+37%
Y/Y
Free cash flow
$-113.5M
Buyback
$76.6M
remaining
Balance sheet
$413.5M
net debt
Quant / Vol
risk profile
Volatility
87%
annualized · 1-yr
Max drawdown
−81%
past year
ATR
8.1%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Aug 12, 2026
Capital expenditures
· third quarter
$8M – $12M
Guided vs delivered
· last 5 settled
Revenue
third quarter of 2024
guided $3.5M – $4.5M
$4.32M
In line
Revenue
second quarter of 2024
guided $3M – $4M
$3.77M
In line
Revenue
first quarter of 2024
guided $3.5M – $4.5M
$5.27M
Beat +31.8%
Revenue
fourth quarter of 2023
guided $3M – $4M
$7.38M
Beat +110.9%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−53%
Bearish
Price vs 50-day avg
−24%
Bearish
RSI (14)
36
Neutral
MACD trend
Positive
Bullish
52-week position
1%
Bearish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $3 › 200d $6 — 200d above 50d
Institutional flow
Distributing
2 of 308 funds reported for Sep 30 · net -1.7K sh shares · +1 new
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
24.13% of float · ▼ -1.4% MoM · 9.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
308 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $3
Now $3 · 1%
Range high $13
vs 200-day avg -53%
vs 50-day avg -24%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | -$18.9M | Q2 2026 | — |
GAAP → non-GAAP reconciliationGAAP EBITDA -32.08M
+13.03M Stock-based compensation expense
-181K Change in fair value of common stock warrants
+313K Legal cost related to shareholder lawsuit(1)
+0K Acquisition cost
+0K Gain on bargain purchase of assets
= Adjusted EBITDA -18.92M
|
|||
| AI-1 batteries shipped for smart eyewear | 2,100 | Q2 2026 | — |
| Drone opportunities | $100M | Q2 2026 | — |
| Drone, defense, and industrial pipeline | $183M | Q2 2026 | — |
| EBITDA non-GAAP | -32.08M | Fiscal Quarter Ended July 5, 2026 | — |
| Fab2 Zone 1 dicing step-level yield | 84% | Q2 2026 | — |
| Fab2 Zone 1 dicing step-level yield (prior quarter) | 80% | the three months ended April 5, 2026 filing | — |
| Free cash flow non-GAAP | $31.4M | Q2 2026 | — |
| Global pipeline for products manufactured at South Korea facility (prior quarter) | $130M | the three months ended April 5, 2026 filing | — |
| Non-GAAP cost of revenue non-GAAP | 7.23M | Fiscal Quarter Ended July 5, 2026 | — |
GAAP → non-GAAP reconciliationGAAP GAAP cost of revenue 7.72M
-490K Stock-based compensation expense
= Non-GAAP cost of revenue 7.23M
|
|||
| Non-GAAP gross profit non-GAAP | 1.79M | Fiscal Quarter Ended July 5, 2026 | — |
GAAP → non-GAAP reconciliationGAAP GAAP gross profit 1.3M
+490K Stock-based compensation expense
= Non-GAAP gross profit 1.79M
|
|||
| Non-GAAP loss from operations non-GAAP | -28.76M | Fiscal Quarter Ended July 5, 2026 | — |
GAAP → non-GAAP reconciliationGAAP GAAP loss from operations -43.3M
+13.03M Stock-based compensation expense
+1.19M Amortization of intangible assets
+313K Legal cost related to shareholder lawsuit(1)
+0K Acquisition cost
= Non-GAAP loss from operations -28.76M
|
|||
| Non-GAAP net loss attributable to Enovix shareholders non-GAAP | -28.71M | Fiscal Quarter Ended July 5, 2026 | — |
GAAP → non-GAAP reconciliationGAAP GAAP net loss attributable to Enovix -43.06M
+13.03M Stock-based compensation expense
-181K Change in fair value of common stock warrants
+1.19M Amortization of intangible assets
+313K Legal cost related to shareholder lawsuit(1)
+0K Acquisition cost
+0K Gain on bargain purchase of assets
+0K Import duty forgiveness
= Non-GAAP net loss attributable to Enovix shareholders -28.71M
|
|||
| Non-GAAP net loss per share attributable to Enovix, basic and diluted non-GAAP | -$0.13 | Fiscal Quarter Ended July 5, 2026 | — |
| Non-GAAP operating expenses non-GAAP | 30.55M | Fiscal Quarter Ended July 5, 2026 | — |
GAAP → non-GAAP reconciliationGAAP GAAP operating expenses 44.6M
-4.62M Stock-based compensation expense included in R&D expense
-7.92M Stock-based compensation expense included in SG&A expense
-1.19M Amortization of intangible assets
-313K Legal cost related to shareholder lawsuit(1)
+0K Acquisition cost
= Non-GAAP operating expenses 30.55M
|
|||
| Non-GAAP R&D expense non-GAAP | 19.41M | Fiscal Quarter Ended July 5, 2026 | — |
GAAP → non-GAAP reconciliationGAAP GAAP research and development (R&D) expense 24.44M
-4.62M Stock-based compensation expense
-416K Amortization of intangible assets
= Non-GAAP R&D expense 19.41M
|
|||
| Non-GAAP SG&A expense non-GAAP | 11.14M | Fiscal Quarter Ended July 5, 2026 | — |
GAAP → non-GAAP reconciliationGAAP GAAP selling, general and administrative (SG&A) expense 20.15M
-7.92M Stock-based compensation expense
-774K Amortization of intangible assets
-313K Legal cost related to shareholder lawsuit(1)
+0K Acquisition cost
= Non-GAAP SG&A expense 11.14M
|
|||
| Pipeline growth (South Korea facility products) | 41% | the three months ended July 5, 2026 filing | — |
| Smart eyewear customer delivery orders for third-quarter delivery | 19,000 | Q3 2026 | — |
|
|
|||
| Smart eyewear customer order for delivery in 2026 | 50,000 | FY2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Electrical Equipment & Parts — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
ENVX
this stock
Enovix Corp
|
$585.93M | -63.5% | +37.9% | — | 24.1% |
|
CYATY
Contemporary Amperex Technology Co., Limited/ADR
|
$282.82B | — | — | — | 0.0% |
|
ABBNY
Abb Ltd
|
$175.75B | +33.0% | +9.5% | — | 0.0% |
|
VRT
Vertiv Holdings Co
|
$97.51B | +56.5% | +27.7% | 57.3 | 3.7% |
|
BE
Bloom Energy Corp
|
$82.84B | +229.9% | +37.3% | — | 6.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| ENVX | +4.5% | -19.6% | -58.0% | -7.9% | -63.5% |
| SPY | +1.2% | +0.6% | +11.6% | +1.6% | +13.6% |
| vs SPY | +3.3% | -20.2% | -69.6% | -9.5% | -77.1% |
Capital returns
Buyback program
· as of Jul 5, 2026
Authorized
—
Spent (derived)
—
Remaining
$76.60M
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.