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Enovix Corp has a consensus price target of $28.13 based on the ratings of 16 analysts. The high is $100 issued by Loop Capital on August 22, 2022. The low is $10 issued by Janney Montgomery Scott on October 31, 2024. The 3 most-recent analyst ratings were released by Janney Montgomery Scott, Cantor Fitzgerald, and Benchmark on October 31, 2024, October 30, 2024, and October 30, 2024, respectively. With an average price target of $21.67 between Janney Montgomery Scott, Cantor Fitzgerald, and Benchmark, there's an implied 144.54% upside for Enovix Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Enovix (NASDAQ:ENVX) was reported by Janney Montgomery Scott on October 31, 2024. The analyst firm set a price target for $10.00 expecting ENVX to rise to within 12 months (a possible 12.87% upside). 21 analyst firms have reported ratings in the last year.
The latest analyst rating for Enovix (NASDAQ:ENVX) was provided by Janney Montgomery Scott, and Enovix downgraded their neutral rating.
There is no last upgrade for Enovix
The last downgrade for Enovix Corp happened on October 31, 2024 when Janney Montgomery Scott changed their price target from N/A to $10 for Enovix Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Enovix, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Enovix was filed on October 31, 2024 so you should expect the next rating to be made available sometime around October 31, 2025.
While ratings are subjective and will change, the latest Enovix (ENVX) rating was a downgraded with a price target of $0.00 to $10.00. The current price Enovix (ENVX) is trading at is $8.86, which is within the analyst’s predicted range.
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