Enovix (ENVX) Projected to Post Quarterly Earnings on Wednesday

Enovix (NASDAQ:ENVX) is projected to issue its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect Enovix to announce earnings of ($0.1465) per share and revenue of $9.48 million for the quarter. Enovix has set its Q3 2026 guidance at -0.170–0.130 EPS. Investors can find conference call details on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 5:00 PM ET.

Enovix (NASDAQ:ENVX) last issued its quarterly earnings results on Wednesday, August 12th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.02. The business had revenue of $9.02 million for the quarter, compared to analysts’ expectations of $8.43 million. The company’s revenue was up 20.8% on a year-over-year basis. During the same period last year, the business earned ($0.13) earnings per share. On average, analysts expect Enovix to post ($0.79) EPS for the current fiscal year and ($0.92) EPS for the next fiscal year.

Enovix Stock Up 25.0%

Enovix stock opened at $3.35 on Wednesday. The company has a market capitalization of $735.15 million, a P/E ratio of -4.14 and a beta of 2.49. The stock’s 50 day moving average is $2.95 and its 200 day moving average is $5.23. Enovix has a twelve month low of $2.20 and a twelve month high of $12.40.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Loop Capital raised Enovix to a “strong-buy” rating in a report on Monday, August 17th. Northland Securities set a $5.00 price objective on Enovix in a research report on Tuesday, October 13th. Bank of America reaffirmed a “neutral” rating and set a $5.00 target price on shares of Enovix in a research note on Monday, August 17th. William Blair cut Enovix from an “outperform” rating to a “market perform” rating in a report on Monday, August 17th. Finally, B. Riley Financial dropped their price target on Enovix from $10.00 to $9.00 and set a “buy” rating for the company in a research report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $10.77.

About Enovix

Enovix Corporation is a battery technology company that develops lithium-ion batteries using a silicon-anode architecture. Its approach is designed to increase energy density while maintaining safety and cycle-life characteristics through a three-dimensional cell design and a mechanical constraint system that helps manage silicon expansion during charging.

The company’s products are intended for applications that require compact, high-performance power sources, including consumer electronics, wearable devices, Internet of Things equipment, industrial products, and defense and aerospace systems.