ENVX
Enovix Corp Information Technology Miscellaneous Electrical Machinery, Equipment & Supplies Russell 3000
$3.15Close
$682.2MMarket cap
$2.25 – $12.2152-week range
Nov 4, 2026Next report
Highlights
Cautions
- Not in an uptrend 2 of 8 trend conditions
- Lagging the market RS 3 · weaker than 97% of stocks over 12 months
- Far from its high 74% below its 52-week high
- Results soon Nov 4, 2026, in 3 days
- Financial distress Altman Z″ in the distress zone
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
74%
1wk
up 12.9%
price change
1mo
up 8.6%
price change
12-month return
down 72%
market up 11% ·
its own down 84%
F-score
5 / 9
Mixed
Altman Z
-0.86
Elevated risk
P/E
—
price / earnings
PEG
—
P/E / EPS growth
P/B
2.5×
price / book
Earnings yield
down 16.2%
EBIT / enterprise value
Cheaper than
24%
of the market · expensive
Revenue growth
up 38%
year on year
EPS growth
—
latest quarter
Sales growth
up 21%
latest quarter · -28 pts
ROE
down 61%
return on equity
Free cash margin
down 357%
-$113.5M FCF
D/E
1.91
long-term debt / equity
Net debt / EBITDA
—
Interest cover
Lossoperating loss
Piotroski tests
- not yet profitable on its assets
- operating cash flow is negative
- took on more long-term debt
- issued more shares
- profitability improving
- profits backed by cash
- short-term liquidity improved
- gross margin widened
- assets working harder
Repair signals
- Gross margin -8.9% → 19.2%
Trade setup
ATR%
9.7%
$0.30 a day · 2×ATR $2.54
RS
3 / 99
vs the universe
Trend
2 / 8
trend template
Relative volume
0.9×
vs 50-day average
Up/down volume
1.00
50 sessions
Implied move
—
no option chain · report Nov 4, 2026
Trend template · 2 of 8
- Price above the 50-day average: passes
- At least 30% above the 52-week low: passes
Screen verdict
Did not qualify for any screen.
Warning signs
- Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
- Losing money before interest is even paid The company made an operating loss, so interest is not covered at all - the debt is being serviced from cash reserves, asset sales or new borrowing rather than from the business.
- Shareholders diluted The share count rose 13.6% over the year, from 191m to 217m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported
Oct 13, 2026
Last shock
Aug 17, 2026-18% in one session5.3× volumeon an SEC filing-12% since
Financials
- Gross 19%
- Net -493%
- Free cash -357%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Jan 2, 2022 | FY2022Jan 1, 2023 | FY2023Dec 31, 2023 | FY2024Dec 29, 2024 | FY2025Dec 28, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $6.2M | $7.6M | $23.1M | $31.8M |
| Gross margin | — | — | -275% | -725% | -9% | 19% |
| Operating income | -$23.5M | -$69.5M | -$132.0M | -$230.3M | -$242.7M | -$177.3M |
| Net income | -$39.6M | -$125.9M | -$51.6M | -$214.1M | -$222.2M | -$156.7M |
| Net margin | — | — | -832% | -2801% | -963% | -493% |
| Earnings per share | -$0.49 | -$1.07 | -$0.33 | -$1.26 | -$1.19 | -$0.75 |
| Free cash flow | -$47.0M | -$94.9M | -$119.0M | -$166.4M | -$184.8M | -$113.5M |
| Free cash margin | — | — | -1918% | -2177% | -801% | -357% |
| Cash | $29.1M | $385.3M | $322.9M | $233.1M | $272.9M | $106.0M |
| Long-term debt | — | $0 | $0 | $169.1M | $169.8M | $519.3M |
| Shareholders' equity | $36.2M | $326.1M | $356.4M | $258.1M | $246.7M | $271.2M |
| Shares outstanding | 100.02m | 152.27m | 157.46m | 167.39m | 190.56m | 216.56m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 12, 2026 | Quarterly ↗ | Jul 5, 2026 | 38d |
| May 14, 2026 | Quarterly ↗ | Apr 5, 2026 | 39d |
| Feb 25, 2026 | Annual ↗ | Dec 28, 2025 | 59d |
| Nov 5, 2025 | Quarterly ↗ | Sep 28, 2025 | 38d |
| Jul 31, 2025 | Quarterly ↗ | Jun 29, 2025 | 32d |
| May 2, 2025 | Quarterly ↗ | Mar 30, 2025 | 33d |
| Feb 25, 2025 | Annual ↗ | Dec 29, 2024 | 58d |
| Oct 30, 2024 | Quarterly ↗ | Sep 29, 2024 | 31d |
| Aug 5, 2024 | Quarterly ↗ | Jun 30, 2024 | 36d |
| May 7, 2024 | Quarterly ↗ | Mar 31, 2024 | 37d |
| Feb 29, 2024 | Annual ↗ | Dec 31, 2023 | 60d |
| Nov 9, 2023 | Quarterly ↗ | Oct 1, 2023 | 39d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 28, 2026 | Regulation FD · Other events ↗ |
| Oct 22, 2026 | Regulation FD ↗ |
| Oct 13, 2026 | Results · Regulation FD ↗ |
| Aug 17, 2026 | Director or officer change · Regulation FD ↗ |
| Aug 12, 2026 | Results ↗ |
| Jul 9, 2026 | Director or officer change ↗ |
| Jun 12, 2026 | Shareholder vote ↗ |
| May 13, 2026 | Results ↗ |
| May 5, 2026 | Regulation FD ↗ |
| Feb 25, 2026 | Results ↗ |
| Jan 20, 2026 | Results · Director or officer change · Regulation FD ↗ |
| Nov 5, 2025 | Results ↗ |