(NASDAQ: ENVX) Enovix's forecast annual revenue growth rate of 348.16% is forecast to beat the US Electrical Equipment & Parts industry's average forecast revenue growth rate of 55.18%, and it is also forecast to beat the US market's average forecast revenue growth rate of 7.56%.
Enovix's revenue in 2023 is $1,356,000.On average, 7 Wall Street analysts forecast ENVX's revenue for 2023 to be $474,297,474, with the lowest ENVX revenue forecast at $73,820,619, and the highest ENVX revenue forecast at $637,541,705. On average, 7 Wall Street analysts forecast ENVX's revenue for 2024 to be $3,651,436,231, with the lowest ENVX revenue forecast at $1,677,741,330, and the highest ENVX revenue forecast at $4,568,489,642.
In 2025, ENVX is forecast to generate $24,299,734,327 in revenue, with the lowest revenue forecast at $16,777,413,300 and the highest revenue forecast at $35,022,850,264.