Strong Buy
Average AnalystStrong Buy
Top AnalystBearish
Stock Target AdvisorStrong Buy
Average UserUSD 9.82
-0.90 (-8.40%)
USD 2.27B
6.84M
USD 23.64(+140.70%)
Based on the Enovix Corp stock forecast from 7 analysts, the average analyst target price for Enovix Corp is USD 23.64 over the next 12 months. Enovix Corp’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Enovix Corp is Bearish, which is based on 2 positive signals and 6 negative signals. At the last closing, Enovix Corp’s stock price was USD 9.82. Enovix Corp’s stock price has changed by -14.24% over the past week, -20.29% over the past month and +2.83% over the last year.
Target Price Action | Rating Action | Analyst | Rating | Price | Date |
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This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
The stock is trading high compared to its peers median on a price to book value basis.
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
The company had negative total cash flow in the most recent four quarters.
The company had negative total free cash flow in the most recent four quarters.
The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.