Enovix Corporation

Enovix Corp. engages in the design and development of silicon-anode lithium-ion batteries. The firm's proprietary 3D cell architecture increases energy density and maintains a high cycle life. It is also developing its 3D cell technology and production process for the electric vehicle and energy storage markets to help enable utilization of renewable energy. The company was founded by Mr. Harrold Jones Rust, III, Ashok Lahiri, and Murali Ramasubramanian in November 2006 and is headquartered in Fremont, CA.

Earnings data Q2 2021

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Enovix Corporation reports strong Q1 performance and addresses Gen-2 concerns

Enovix's Q1 earnings call showcased progress, challenges, and future prospects in the battery manufacturing industry, with a focus on Gen-2 line execution and demand alignment.

Enovix surpasses Q2 targets, eyes EV market and funding options

Enovix Corporation's Q2 2023 earnings call highlighted proactive achievements, positive outlook, and a focus on innovation and cost optimization. The company's differentiated battery technology, diversification of supply chains, and progress in the EV space present significant growth opportunities. However, Enovix anticipates higher capital needs and is actively exploring funding options to support its expansion.

Enovix reports record Q3 revenue and outlines growth opportunities

Enovix Corporation's Q3 2023 earnings call showcased strong performance, competitive strengths, and a focus on addressing challenges while pursuing opportunities. The company's emphasis on record product revenue, strategic achievements, and future growth prospects reflects a positive outlook. Enovix's focus on cost management, customer relationships, and industry-leading yields positions it well for future success.

Enovix reports record revenue, advances in battery tech, eyes growth

Enovix's Q4 performance exceeded expectations with record revenue and a strong cash position. The company is focused on advancing battery technology for smartphones and EVs, while addressing challenges in depreciation and yield margins. Opportunities lie in revenue growth, strategic partnerships, and market expansion through exclusive contracts.

Enovix exceeds Q1 revenue expectations, advances battery tech partnerships

Enovix's Q1 2024 earnings call highlighted strong revenue performance, technological advancements in battery solutions, and strategic partnerships with smartphone OEMs. While facing challenges in profitability and capital considerations, the company's focus on operational efficiency and cost reduction positions it for future growth. Enovix's emphasis on innovation and market engagement underscores its commitment to driving battery technology forward.

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Enovix Corp (NASDAQ: ENVX), on Wednesday, said it was taking longer than expected to optimise production of its first-generation batteries at the Fremont facility. Shares crashed about 45% this morning.

Enovix shares crashed 45% on Wednesday: this is why

The high-tech lithium battery company is struggling to perfect its manufacturing process.

Why Enovix Is Crashing Today

It's a tough pill for investors of Enovix (NASDAQ: ENVX ) stock to swallow, no doubt. Any share-price gains made over the holidays have been wiped out today, it seems.

ENVX Stock Alert: What to Know as Enovix Plummets 40%

FREMONT, Calif., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (Enovix) (Nasdaq: ENVX), the leader in the design and manufacture of next-generation 3D Silicon™ Lithium-ion batteries, today announced it will host a special presentation by Enovix Executive Chairman T.J. Rodgers, which will be livestreamed from the Enovix factory, followed by a Q&A session.

Join Live-Stream Special Presentation by Enovix Executive Chairman

FREMONT, Calif., Dec. 29, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced the appointment of Dr. Raj Talluri as President and Chief Executive Officer, effective January 18, 2023. Talluri is also expected to be appointed to the Enovix board of directors on a later date. Talluri replaces CEO and Co-Founder Harrold Rust, who is retiring from his position and the board but will serve in an advisory capacity to support the leadership transition.

Enovix Appoints Raj Talluri as CEO

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Silicon Kings: Amprius And Enovix

I've started a position in Enovix on recent weakness. This followed fiscal 2022 third-quarter earnings that didn't meet analyst expectations. T.J. Rodgers, founder and former CEO of Cypress Semiconductor and a member of Enphase's board of directors, is set to take a more expansive role.

Enovix: T.J. Rodgers, Enphase, And The Future Of Electric Vehicles

FREMONT, Calif., Dec. 15, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced that it will hold a special presentation on Tuesday, January 3, 2023, at 2:00 PM PT / 5:00 PM ET featuring Executive Chairman T.J. Rodgers.

Enovix Announces Date for Special Presentation by Executive Chairman T.J. Rodgers

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FREMONT, Calif., Dec. 13, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, announced it received ISO 9001:2015 certification, a rigorous international evaluation process that validates the company's end-to-end business processes meet industry-recognized standards. ISO 9001:2015 is a certification from the International Organization for Standardization, an independent, non-governmental body that ensures companies provide their customers with consistent, quality products and services.

Enovix Receives ISO 9001:2015 Certification, Validating Its Commitment to Quality and Readiness for Expansion

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NEW YORK , Dec. 7, 2022 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against Enovix Corporation ("Enovix" or the "Company") (NASDAQ: ENVX). Investors who purchased Enovix securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/envx.

Bronstein, Gewirtz & Grossman, LLC Announces Enovix Corporation (ENVX) Investigation

The average of price targets set by Wall Street analysts indicates a potential upside of 159.4% in Enovix Corporation (ENVX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Does Enovix Corporation (ENVX) Have the Potential to Rally 159% as Wall Street Analysts Expect?

Enovix is light years ahead of its competition. TJ Rodgers stepping in at Enovix is like Enphase 2.0.

Enovix: A Revolution In Battery Technology

Enovix Corporation (ENVX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Enovix Corporation (ENVX) Upgraded to Buy: What Does It Mean for the Stock?

New York, New York--(Newsfile Corp. - November 19, 2022) - Pomerantz LLP is investigating claims on behalf of investors of Enovix Corporation ("Enovix" or the "Company") (NASDAQ: ENVX). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.The investigation concerns whether Enovix and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Enovix Corporation - ENVX

FREMONT, Calif., Nov. 17, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced its co-founder and CTO, Ashok Lahiri, will be speaking at the 22nd Annual Advanced Automotive Battery Conference (AABC), which will take place Dec. 5-8, 2022 at the Hotel Del Coronado in San Diego.

Enovix CTO to Speak at the 22nd Annual Advanced Automotive Battery Conference in San Diego

FREMONT, Calif., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced that it has placed the remaining purchase orders for the laser patterning and assembly line equipment of its Gen2 Autoline.

Enovix Completes Ordering of Laser Patterning and Assembly Line Equipment for Gen2 Autoline

FREMONT, Calif., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced that Edward J. Hejlek will be stepping down as Enovix's Chief Legal Officer, General Counsel and Secretary.

Enovix CLO, GC and Secretary Stepping Down

Enovix Corporation's discounted cash flow analysis shows the stock is undervalued, with a potential share price of $36.39 per share. Enovix needs better Investor Relations.

Enovix Corporation Stock Is Undervalued

Los Angeles, California--(Newsfile Corp. - November 14, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Enovix Corporation ("Enovix" or "the Company") (NASDAQ: ENVX) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Enovix released its third-quarter 2022 financial results on November 1, 2022.

ONGOING INVESTIGATION REMINDER: The Schall Law Firm Announces It Is Investigating Claims Against Enovix Corporation and Encourages Investors with Losses to Contact the Firm

Los Angeles, California--(Newsfile Corp. - November 11, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Enovix Corporation ("Enovix" or "the Company") (NASDAQ: ENVX) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Enovix released its third-quarter 2022 financial results on November 1, 2022.

ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces It Is Investigating Claims Against Enovix Corporation and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 10, 2022 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors ofEnovix Corporation ("Enovix" or "the Company") (NASDAQ:ENVX) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Enovix Corporation and Encourages Investors with Losses to Contact the Firm

FREMONT, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, today announced the appointment of Ajay Marathe as COO reporting to CEO Harold Rust.

News for Enovix Corporation Stock (ENVX)