BofA Analysts Remain Cautious on Enovix Amid Manufacturing Challenges
ByAinvest
Friday, Mar 20, 2026 3:25 pm ET1min read
ENVX--
Enovix Corporation (ENVX) is a developer of silicon-anode lithium-ion batteries with potential for high-energy-density batteries. Analysts are cautious due to manufacturing difficulties and negative margins in the coming years, but a consensus price target of $12.50 suggests a potential upside of 146.55%. Despite concerns, nearly 73% of analysts maintain bullish ratings on ENVX.
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