Enovix Corporation
ENVXIndustrialsNASDAQElectrical Equipment & Parts
Scan Results
Daily timeframeEnovix Corporation designs, develops, and manufactures lithium-ion battery cells in the United States and internationally. Valued at $612.3M, ENVX is a small-cap name in its sector. It serves wearables and IoT, smartphone, computing, electrical vehicles, and original equipment manufacturers.
Market Cap
$612.3M
Beta
2.48
P/E (TTM)
—
P/E (Fwd)
-4.45
EPS (TTM)
$-0.80
EPS (Fwd)
$-0.63
ROE
-81.3%
ROA
-17.5%
Cash
$475.8M
Total Debt
$541.7M
Free CF
-$69.5M
52W Change
-77.1%
Annual Financials
Cash vs Debt
Where ENVX stands vs its 150-day and 200-day moving averages
As of the October 15, 2026 close, ENVX finished 51.78% below its 150-day moving average ($5.06) and 55.31% below its 200-day moving average ($5.46). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is ENVX overbought or oversold?
At the October 15, 2026 close, ENVX's RSI(14) was 33.4, in neutral territory (between 30 and 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
The company holds $475.8M in cash, though total debt stands at $541.7M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow is running at -$69.5M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -81.3%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has grown from $6.2M (2022) to $31.8M (2025), reflecting a 413% increase over the period.
With a beta above 1.5, ENVX tends to amplify broader market moves — both up and down. This higher volatility means larger price swings are common. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Enovix Corporation and its sector.