How to Buy Enovix Stock

Enovix Corp

Enovix Corporation designs, develops, and manufactures lithium-ion batteries. The company was founded in 2007 and is headquartered in Fremont, California. .

Enovix stock last closed at $8.22, down 4.97% from the previous day, and has decreased 36.23% in one year. It has underperformed other stocks in the Electrical Equipment & Parts industry by 0.23 percentage points. Enovix stock is currently +55.98% from its 52-week low of $5.27, and -56% from its 52-week high of $18.68.

There are currently 192M ENVX shares outstanding. The market capitalization of ENVX is $1.58B. In the last 24 hours, 4.01M ENVX shares were traded.

How to Buy Enovix Stock

Wondering how to invest in Enovix stock? Here's how.

  1. Decide where to buy Enovix stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Enovix stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Pick your method of payment and add your details.
  4. Evaluate Enovix stock: The Enovix ticker symbol is ENVX. Is Enovix stock a good investment? Should you buy shares of ENVX? How do ENVX's underlying business fundamentals look? Do top analysts think Enovix is a good buy? Why has ENVX's stock price moved recently? (Hint: Our stock research website can help you understand if ENVX is a good stock to buy).
  5. Make your ENVX buy order: Decide if you will purchase ENVX shares at the current market price or use a limit order to buy ENVX shares at a specific price.
  6. Get updates on your ENVX position: Create a watchlist to key updates about your new investment in Enovix stock.

Step 1: Decide where to buy Enovix stock

You will need an online brokerage account to access the NASDAQ market and buy ENVX shares.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our analysis, eToro is the best stock brokerage. eToro gives you:

  • You can invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
  • Access to global financial markets: From Tech to Industrials, New York to Shanghai (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's leading stock exchanges.
  • Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your purchase of stock by signing up for an account with eToro today. This offer is only for US users.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create a brokerage account

Now that you've picked your brokerage, it's time to fill out some personal details so you are able to invest in ENVX stock today.

How to Set Up a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal details to open your new trading account.
  1. Send your data by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Fund your brokerage account

Now that you've finished signing up on apps for stock market, your next step is to transfer the money for your investment:

Watch the video below for more details depositing funds into your new brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Enovix stock

Once you have decided on the best place to buy Enovix stock, it's absolutely critical to research their stock before you buy, so you truly wrap your head around the risk as well as the upside.

Enovix Numbers

ENVX Price
$8.22
1w %
-1.08%
1y %
-36.23%
5y %
N/A
P/E
-7.34x
P/B
6.71x
P/S
68.5x
PEG
N/A
Revenue
$22.90M
Earnings
-$199.38M
Fore. Rev. Growth
148.08%
Fore. Earn. Growth
N/A
Market Cap
$1.58B
Next Earnings
Jul 29, 2025
Next Dividend
N/A

ENVX Overview

WallStreetZen was built to help average investors perform better fundamental analysis.

You can view all of the due diligence checks on ENVX's stock page.

Is ENVX stock overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ENVX's true value.

Using relative valuations methods:

  • ENVX may be overvalued based on its P/B ratio of 6.71x, relative to Electrical Equipment & Parts industry P/B ratio of 4.8x

You can do more valuation analysis on ENVX's stock here.

ENVX Financial Overview

Signs that ENVX is financially healthy:

  • There are more short-term assets than long-term liabilities on the ENVX balance sheet.
  • There are more short-term assets than short-term liabilities on the ENVX balance sheet.
  • ENVX has cash burn of 157868000. It has enough cash and short-term investments to cover this for at least one year.

Signs that ENVX is not financially healthy:

  • ENVX profit margin has gone up by 5.78 percentage points in the past year, but the company is still unprofitable.
  • ENVX has a relatively high debt to equity ratio of 1.11.
  • ENVX has $249.41M in cash and short term investments. This is not sufficient to cover its annual cash burn of $157.87M.

Is it a good time to buy ENVX stock, according to Wall Street analysts?

Out of 6 Wall Street analysts who give forecasts on ENVX, the consensus analyst rating on Enovix is a Strong Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.

Latest ENVX Analyst Ratings

Derek Soderberg, a bottom 6% analyst from Cantor Fitzgerald reiterates ENVX with a strong buy rating and maintains their ENVX price target from $30.00 to $30.00, on Feb 20, 2025.

You can dive deeper into what analysts are projecting on the Enovix stock forecast page.

Metrics for Advanced ENVX Traders

SMA10
8.31
SMA20
8.1
SMA50
7.14
SMA100
8.41
SMA200
9.2
MACD
0.34
MACD Signal
0.33
MACD Histogram
0.01
RSI
54.45
Stochastic %K
68.81
Stochastic %D
75.57
StochRSI %K
69.86
StochRSI %D
84.62

ENVX Revenue

Last year, ENVX revenue was $22.90M. In the last two year, ENVX's revenue has increased by 91.83% per year. This was faster than the Electrical Equipment & Parts industry average of 13.91%.

You can research ENVX's earnings and revenue performance here.

Who is buying/selling ENVX?

In the last year, insiders at ENVX have sold more shares than they have bought.

Kristina Truong, Chief Accounting Officer of ENVX, was the latest ENVX insider to sell. They sold $2,172.24 worth of ENVX stock on Jun 10, 2025.

Dig into more about who owns ENVX stock here.

Can I get consistent income from ENVX stock?

No, Enovix doesn't provide an income stream by paying out dividends.

ENVX Social Trading Data

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Make your ENVX buy order

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly fine.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a given dollar amount limit, use a limit order.

Press the Open button and your broker will place the order.

If you want more info about buying stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Get updates on your ENVX position

Now that you own some ENVX shares, you'll want to stay up-to-date on your company.

Put ENVX on a watchlist to keep tabs on your ENVX stock.

ENVX Feed

How to Buy Stock in Enovix

To summarize, here are the 6 steps to buy stock in Enovix:

  1. Decide where to buy Enovix stock
  2. Create a brokerage account
  3. Fund your brokerage account
  4. Evaluate Enovix stock
  5. Make your ENVX buy order
  6. Get updates on your ENVX position

If you are looking for a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to watch your new investment in Enovix, add ENVX to your watchlist by clicking the button below.

NASDAQ: ENVX
$8.22-0.43 (-4.97%)
Updated Jun 13, 2025
Open eToro Account
Your capital is at risk.
NASDAQ: ENVX
$8.22-0.43 (-4.97%)
Updated Jun 13, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Enovix share?

As of Jun 13, 2025, it costs $8.22 to buy one share of Enovix stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $4, you can buy 0.487 shares of ENVX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Enovix stock?

According to 6 Wall Street analysts who monitor Enovix, their consensus recommendation is to buy Enovix stock.

What is the best way to buy Enovix stock?

One way to place an order for Enovix stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.