Enovix Q4 revenue beats analyst expectations

Enovix

25/02/2026 22:01

Overview

Battery maker's Q4 revenue beat analyst expectations

Company improved production readiness for commercialization programs during 2025

Outlook

Enovix expects Q1 2026 revenue between $6.5 mln and $7.5 mln

Company anticipates Q1 2026 non-GAAP loss from operations of $29 mln to $32 mln

Enovix is preparing Fab2 in Malaysia for higher-volume production

Result Drivers

SMARTPHONE QUALIFICATION - Enovix focused on completing smartphone qualification, with samples meeting energy density and safety requirements

SMART EYEWEAR OPPORTUNITY - Enovix's AI-1 platform meets key requirements for smart eyewear, presenting early commercialization potential

Company press release: ID:nGNX3VhQmK

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$11.30 mln
$10.27 mln (9 Analysts)
Q4 Gross Profit
$2.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy"

Wall Street's median 12-month price target for Enovix Corp is $19.00, about 211% above its February 24 closing price of $6.11

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)