In recent trading session, Enovix Corporation (NASDAQ:ENVX) saw 2.11 million shares changing hands at last check today with its beta currently measuring 2.00. Company’s recent per share price level of $9.49 trading at $0.77 or 8.89% at last check today assigns it a market valuation of $1.82B. That most recent trading price of ENVX’s stock is at a discount of -96.84% from its 52-week high price of $18.68 and is indicating a premium of 44.47% from its 52-week low price of $5.27. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.61 million shares which gives us an average trading volume of 4.77 million if we extend that period to 3-months.
For Enovix Corporation (ENVX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.33. Splitting up the data highlights that, out of 9 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Enovix Corporation (NASDAQ:ENVX) trade information
Upright in the green today for gaining 8.89%, in the last five days ENVX remained trading in the green while hitting it’s week-highest on Thursday, 06/26/25 when the stock touched $9.49 price level, adding 0.42% to its value on the day. Enovix Corporation’s shares saw a change of -21.14% in year-to-date performance and have moved 11.71% in past 5-day. Enovix Corporation (NASDAQ:ENVX) showed a performance of 18.24% in past 30-days. Number of shares sold short was 45.83 million shares which calculate 11.76 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 22 to the stock, which implies a rise of 56.86% to its recent value today. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 36. It follows that stock’s current price would jump 47.31% in reaching the projected high whereas dropping to the targeted low would mean a gain of 47.31% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 2.05% during past 5 years.
Enovix Corporation (NASDAQ:ENVX)’s Major holders
Insiders are in possession of 13.16% of company’s total shares while institution are holding 49.63 percent of that, with stock having share float percentage of 57.15%. Investors also watch the number of corporate investors in a company very closely, which is 49.63% institutions for Enovix Corporation that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at ENVX for having 13.3 million shares of worth $205.65 million. And as of 2024-06-30, it was holding 7.7157 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 10.47 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.0748 of outstanding shares, having a total worth of $161.91 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 5.11 shares of worth $48.97 million or 2.66% of the total outstanding shares. The later fund manager was in possession of 4.05 shares on Mar 31, 2025 , making its stake of worth around $38.82 million in the company or a holder of 2.11% of company’s stock.
