EnovixENVX
Market Cap: $1.4B
About: Enovix Corp is engaged in the business of advanced silicon-anode lithium-ion battery development and production. It is also developing its 3D cell technology and production process for the electric vehicle and energy storage markets to help enable the widespread utilization of renewable energy.
Employees: 561
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
250% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 7 (+5) [Q2]
105% more call options, than puts
Call options by funds: $322M | Put options by funds: $157M
93% more capital invested
Capital invested by funds: $676M [Q1] → $1.3B (+$629M) [Q2]
41% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 76
29% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 41
5% more funds holding
Funds holding: 261 [Q1] → 273 (+12) [Q2]
0.27% less ownership
Funds ownership: 49.86% [Q1] → 49.59% (-0.27%) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Oppenheimer Colin Rusch 33% 1-year accuracy 12 / 36 met price target | 353%upside $36 | Outperform Maintained | 26 Aug 2024 |
Piper Sandler Alexander Potter 36% 1-year accuracy 8 / 22 met price target | 139%upside $19 | Overweight Reiterated | 5 Aug 2024 |
TD Cowen Gabe Daoud 0% 1-year accuracy 0 / 5 met price target | 76%upside $14 | Hold Maintained | 1 Aug 2024 |
Cantor Fitzgerald Derek Soderberg 13% 1-year accuracy 3 / 24 met price target | 277%upside $30 | Overweight Reiterated | 1 Aug 2024 |
Craig-Hallum Anthony Stoss 47% 1-year accuracy 7 / 15 met price target | 152%upside $20 | Buy Maintained | 1 Aug 2024 |