Enovix Corp (ENVX, Financial) is set to release its Q4 2024 earnings on Feb 19, 2025. The consensus estimate for Q4 2024 revenue is $8.77 million, and the earnings are expected to come in at -$0.25 per share. The full year 2024's revenue is expected to be $22.14 million and the earnings are expected to be $4.88 per share. More detailed estimate data can be found on the Forecast page.
Enovix Corp (ENVX, Financial) Estimates Trends
Revenue estimates for Enovix Corp (ENVX) have remained flat at $22.14 million for the full year 2024. For 2025, revenue estimates have declined from $39.75 million to $38.15 million over the past 90 days. Earnings estimates for Enovix Corp (ENVX) have remained stable at $4.88 per share for the full year 2024. For 2025, earnings estimates have increased slightly from -$1.45 per share to -$1.44 per share over the past 90 days.
Enovix Corp (ENVX, Financial) Reported History
In the previous quarter ending on 2024-09-30, Enovix Corp's (ENVX) actual revenue was $4.32 million, which beat analysts' revenue expectations of $4.11 million by 5.04%. Enovix Corp's (ENVX) actual earnings were -$0.13 per share, which beat analysts' earnings expectations of -$0.29 per share by 55.33%. After releasing the results, Enovix Corp (ENVX) was down by 1.41% in one day.
Enovix Corp (ENVX, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 11 analysts, the average target price for Enovix Corp (ENVX) is $26.45 with a high estimate of $100.00 and a low estimate of $10.00. The average target implies an upside of 137.05% from the current price of $11.16.
Based on GuruFocus estimates, the estimated GF Value for Enovix Corp (ENVX, Financial) in one year is $0, suggesting a downside of 100% from the current price of $11.16.
Based on the consensus recommendation from 13 brokerage firms, Enovix Corp's (ENVX, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
