Enovix Stock Jumps on First Quarterly Revenue [MarketWatch]
Enovix Corporation (ENVX)
Company Research
Source: MarketWatch
a follow-on contract to build and test custom cells for use within U.S. Army soldiers' central power source. U.S. Army soldiers' central power source is called the Conformal Wearable Battery and created by Inventus Power Inc., Enovix said Wednesday. Enovix said it expects to begin shipping the first battery cells to Inventus Power next year. Enovix said it aims to manufacture the cells at its U.S.-based factory. The company added that it advocates for "strengthening the battery industry ecosystem within North America and increasing manufacturing capacity to support critical EV-adjacent markets." The company also posted better-than-expected results for the second quarter. The company lost a penny a share for the quarter. Stripping out stock-based compensation and the change in fair value of the liability for warrants, adjusted loss came to 13 cents a share. Analysts surveyed by FactSet were expecting an adjusted loss of 17 cents a share. Revenue came to $5.1 million, the comp
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ENVX
News
- Enovix Co. (NASDAQ: ENVX) had its price target lowered by analysts at JPMorgan Chase & Co. from $18.00 to $12.00. They now have an "overweight" rating on the stock.MarketBeat
- Enovix Co. (NASDAQ: ENVX) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $30.00 price target on the stock.MarketBeat
- Enovix to Release First Quarter 2024 Financial Results on May 1, 2024, and Additionally Host Live “Ask Me Anything” Video Call with CEO Dr. Raj Talluri on May 6, 2024 [Yahoo! Finance]Yahoo! Finance
- Enovix to Release First Quarter 2024 Financial Results on May 1, 2024, and Additionally Host Live “Ask Me Anything” Video Call with CEO Dr. Raj Talluri on May 6, 2024GlobeNewswire
- Enovix Announces Fab2 Manufacturing Milestones [Yahoo! Finance]Yahoo! Finance
ENVX
Earnings
- 2/20/24 - Beat
ENVX
Sec Filings
- 4/25/24 - Form 4
- 4/19/24 - Form 4
- 4/16/24 - Form 4
- ENVX's page on the SEC website