ENVX Stock Analysis: Buy, Sell, or Hold?
ENVX - Enovix Corporation Common Stock
$3.38
0.11 (3.36%)
▲
5d:
-23.01%
30d:
-22.12%
90d:
-46.35%
HOLD
LOW Confidence
Analysis Updated: Aug 21, 2026 12:00 AM ET
Earnings: Aug 12, 2026
0d
Smart Money Accumulation
Options open interest is building while the stock consolidates - a pattern consistent with institutional accumulation. View Scanner →
Signal fired Aug 17, 2026 at $3.62 · last confirmed Aug 17, 2026
Strength: 10.0/10
Get Alerted When ENVX Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
📊 HOLD: ENVX shows balanced signals. Fine to hold or accumulate slowly. Monitor for clearer direction.
📊 HOLD: ENVX shows balanced signals. Fine to hold or accumulate slowly. Monitor for clearer direction.
In-depth Analysis How we analyze
Valuation Analysis: ENVX is currently trading at $3.38, which is considered oversold relative to its 30-day fair value range of $3.76 to $4.82.
Technical Outlook: Technically, ENVX is in a downtrend. Immediate support is located at $3.06, while resistance sits at $5.04. The stock is showing strong short-term momentum, up 3.4% recently.
Market Sentiment: ENVX scores 63/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $10.86 (+221.4%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, ENVX is in a downtrend. Immediate support is located at $3.06, while resistance sits at $5.04. The stock is showing strong short-term momentum, up 3.4% recently.
Market Sentiment: ENVX scores 63/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $10.86 (+221.4%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$3.76 -
$4.82
Company Quality Score
56/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
100.0%
All Signals
- BULLISH: Price oversold vs 30-day range
- BULLISH: Strong technical setup (63/100)
- BULLISH: High volume confirmation
- BULLISH: Strong upward momentum (+3.4%)
- BULLISH: Trading 221.4% below Wall St target ($10.86)
- CAUTION: Bottoming setup, but lagging the sector by 14% over 20 days — wait for relative strength
- CAUTION: 5-day price weakness (-23.0%) - monitor closely
Trading Range Analysis
30-Day Trading Range
$3.76 -
$4.82
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$3.06
Resistance Level
$5.04
Current Trend
Downtrend
Technical data as of
Aug 21, 2026
Fundamental Context
Forward P/E (Next Year Est.)
-5.35
Wall Street Target
$10.86
(+221.4%)
Revenue Growth (YoY)
20.8%
Share & Embed Analysis
Last updated: August 22, 2026 1:16 PM ET
Data refreshes hourly during market hours. Next update: 2:16 PM
Data refreshes hourly during market hours. Next update: 2:16 PM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is ENVX showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
Top Rated Electrical Equipment & Parts Stocks
Top-rated stocks in Electrical Equipment & Parts by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
VRT
Vertiv Holdings Co |
STRONG BUY
26 analysts |
$338 | 61 BUY |
|
BE
Bloom Energy Corp |
HOLD
24 analysts |
$275 | 43 HOLD |
|
NVT
nVent Electric PLC |
STRONG BUY
13 analysts |
$202 | 41 HOLD |
|
PLUG
Plug Power Inc |
SELL
20 analysts |
$4 | 49 HOLD |
|
ELVA
Electrovaya Inc. |
STRONG BUY
5 analysts |
$15 | 45 HOLD |