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Stock impact report

Assessing Enovix (ENVX) Valuation As Shares Trade Below Analyst Fair Value Estimate [Yahoo! Finance]

Enovix Corporation (ENVX) 
Company Research Source: Yahoo! Finance
Enovix (ENVX) continues to attract attention from investors focused on battery technology, with the shares recently closing at US$7.53 and showing mixed returns over the past week, month and past 3 months. See our latest analysis for Enovix. Viewed over a longer stretch, Enovix's 1 year total shareholder return of 38.88% decline and 3 month share price return of 38.13% decline suggest momentum has been fading, with recent moves reflecting changing sentiment around execution risk and future growth potential. If battery stocks like Enovix are on your radar, it can be helpful to see what else is moving across tech and AI, including high growth tech and AI stocks With Enovix shares at US$7.53, a value score of 3, and a big gap to the US$26.90 analyst target, you have to wonder: is this a genuine mispricing, or is the market already baking in future growth? At a last close of $7.53 versus a narrative fair value of $26.90, Enovix is framed as heavily undervalued, with that gap hi Show less Read more
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