EnovixENVX
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 Q3 regulatory filings by fund managers ($100M+ AUM)
64% more call options, than puts
Call options by funds: $178M | Put options by funds: $108M
51% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 77
26% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 42
4% more funds holding
Funds holding: 275 [Q2] → 286 (+11) [Q3]
1.9% less ownership
Funds ownership: 51.2% [Q2] → 49.31% (-1.9%) [Q3]
40% less capital invested
Capital invested by funds: $1.35B [Q2] → $813M (-$532M) [Q3]
86% less funds holding in top 10
Funds holding in top 10: 7 [Q2] → 1 (-6) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Janney Montgomery Scott Sean Milligan 80% 1-year accuracy 4 / 5 met price target | 3%upside $10 | Neutral Downgraded | 31 Oct 2024 |
Cantor Fitzgerald Derek Soderberg 14% 1-year accuracy 3 / 22 met price target | 208%upside $30 | Overweight Reiterated | 30 Oct 2024 |
Benchmark Michael Legg 46% 1-year accuracy 21 / 46 met price target | 157%upside $25 | Buy Reiterated | 30 Oct 2024 |
JP Morgan Bill Peterson 38% 1-year accuracy 10 / 26 met price target | 54%upside $15 | Overweight Maintained | 22 Oct 2024 |
Financial journalist opinion
Based on 18 articles about ENVX published over the past 30 days