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ENVX — Enovix News Story

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Enovix Corporation reports results for the quarter ended June 30 - Earnings Summary

Enovix Corporation reports results for the quarter ended June 30 - Earnings Summary
  • Enovix Corporation ENVX.OQ reported a quarterly adjusted loss of 13 cents​​ per share for the quarter ended June 30, identical to the same quarter last year. The mean expectation of eleven analysts for the quarter was for a loss of 15 cents per share. Wall Street expected results to range from -16 cents to -14 cents per share.

  • Revenue rose 20.8% to $9.02 million from a year ago; analysts expected $8.43 million.

  • Enovix Corporation's reported EPS for the quarter was a loss of 20 cents​.

  • The company reported a quarterly loss of $43.06 million.

  • Enovix Corporation shares had fallen by 20.4% this quarter and lost 33.9% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is also "buy"

  • Wall Street's median 12-month price target for Enovix Corporation is $15.00, about 68.5% above its last closing price of $4.73

This summary was machine generated from LSEG data August 12 at 10:19 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jun. 30 2026

-0.15

-0.13

Beat

Mar. 31 2026

-0.16

-0.14

Beat

Dec. 31 2025

-0.18

-0.14

Beat

Sep. 30 2025

-0.16

-0.14

Beat

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