Enovix Corporation (ENVX) Stock Falls on Q4 2025 Earnings

Enovix Corporation (ENVX) reported Q4 2025 revenue of $11.3 million, up 15.93% year‑over‑year and above the consensus estimate of $10.5 million. Diluted earnings per share came in at -$0.16 per share, versus an estimate of -$0.18.

Revenue: $11.3 million (+15.93% YoY)

Gross profit: $2.5 million (+137.74% YoY)

Cost of sales: $8.8 million (+1.14% YoY)

Operating result: operating loss of $44.0 million (improved 27.44% YoY)

Net income: net loss attributable to common shareholders of $35.0 million (-6.61% YoY)

Cash flow and balance sheet items highlighted the company’s liquidity and investing activity for the quarter.

Cash used in operations: $16.3 million (cash from operating activities, +1.9% YoY)

Purchases of property, plant and equipment: $3.0 million (down 81.83% YoY)

Cash and cash equivalents: $106.0 million (down 61.15% YoY)

Total liabilities: $605.0 million (+117.8% YoY)

The stock moved following the release, trading down about 5.35% since market close.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Enovix Corporation Insider Trading Activity

Enovix Corporation insiders have traded $ENVX stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $ENVX stock by insiders over the last 6 months:

AJAY MARATHE (Chief Operating Officer) has made 0 purchases and 2 sales selling 138,614 shares for an estimated $1,683,182.
KRISTINA TRUONG (Chief Accounting Officer) sold 2,296 shares for an estimated $16,783

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Enovix Corporation Hedge Fund Activity

We have seen 141 institutional investors add shares of Enovix Corporation stock to their portfolio, and 201 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

TORONTO DOMINION BANK removed 4,811,870 shares (-72.1%) from their portfolio in Q4 2025, for an estimated $35,174,769
UBS GROUP AG added 4,293,966 shares (+255.4%) to their portfolio in Q4 2025, for an estimated $31,388,891
ELECTRON CAPITAL PARTNERS, LLC removed 1,984,345 shares (-24.7%) from their portfolio in Q4 2025, for an estimated $14,505,561
VANGUARD GROUP INC added 1,747,145 shares (+10.9%) to their portfolio in Q4 2025, for an estimated $12,771,629
CITADEL ADVISORS LLC removed 1,476,323 shares (-88.3%) from their portfolio in Q4 2025, for an estimated $10,791,921
KINGSTONE CAPITAL PARTNERS TEXAS, LLC removed 1,459,621 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $14,552,421
BLACKROCK, INC. added 1,433,731 shares (+11.4%) to their portfolio in Q4 2025, for an estimated $10,480,573

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Enovix Corporation Analyst Ratings

Wall Street analysts have issued reports on $ENVX in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Canaccord Genuity issued a "Buy" rating on 11/06/2025

To track analyst ratings and price targets for Enovix Corporation, check out Quiver Quantitative's $ENVX forecast page.

Enovix Corporation Price Targets

Multiple analysts have issued price targets for $ENVX recently. We have seen 3 analysts offer price targets for $ENVX in the last 6 months, with a median target of $21.0.

Here are some recent targets:

Bill Peterson from JP Morgan set a target price of $10.0 on 11/12/2025
George Gianarikas from Canaccord Genuity set a target price of $21.0 on 11/06/2025
Derek Soderberg from Cantor Fitzgerald set a target price of $25.0 on 11/06/2025