Enovix Corporation Price Target Lowered to $10 by B. Riley, Maintains Buy Rating.
ByAinvest
Friday, Mar 13, 2026 10:57 am ET1min read
ENVX--
B. Riley lowers Enovix Corporation's (ENVX) price target to $10 from $17 and maintains a Buy rating. Enovix reported Q4 EPS of (14c) versus consensus estimates of (17c) and revenue of $11.3M compared with consensus of $10.25M. The company expects Q1 EPS of (14c) to (18c) compared with consensus of (15c). Enovix designs, develops, and manufactures lithium-ion battery cells for various applications, including wearables, smartphones, and electric vehicles.
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