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Enovix (ENVX) Competitors

Enovix logo
$6.01 +0.03 (+0.50%)
As of 04/14/2025 04:00 PM Eastern

ENVX vs. BE, NOVT, XCH, QS, ENR, ATKR, RUN, PLUG, EOSE, and FLNC

Should you be buying Enovix stock or one of its competitors? The main competitors of Enovix include Bloom Energy (BE), Novanta (NOVT), XCHG (XCH), QuantumScape (QS), Energizer (ENR), Atkore (ATKR), Sunrun (RUN), Plug Power (PLUG), Eos Energy Enterprises (EOSE), and Fluence Energy (FLNC). These companies are all part of the "electrical equipment" industry.

Enovix vs.

Bloom Energy (NYSE:BE) and Enovix (NASDAQ:ENVX) are both energy companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, institutional ownership, profitability, analyst recommendations, community ranking, risk, valuation, dividends and media sentiment.

Bloom Energy has a net margin of -10.29% compared to Enovix's net margin of -963.17%. Bloom Energy's return on equity of -20.32% beat Enovix's return on equity.

Company Net Margins Return on Equity Return on Assets
Bloom Energy-10.29% -20.32% -3.94%
Enovix -963.17%-96.99%-38.60%

Bloom Energy presently has a consensus target price of $23.92, suggesting a potential upside of 33.86%. Enovix has a consensus target price of $20.30, suggesting a potential upside of 237.77%. Given Enovix's stronger consensus rating and higher possible upside, analysts plainly believe Enovix is more favorable than Bloom Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bloom Energy
2 Sell rating(s)
9 Hold rating(s)
9 Buy rating(s)
2 Strong Buy rating(s)
2.50
Enovix
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.91

Bloom Energy received 227 more outperform votes than Enovix when rated by MarketBeat users. However, 65.28% of users gave Enovix an outperform vote while only 59.96% of users gave Bloom Energy an outperform vote.

CompanyUnderperformOutperform
Bloom EnergyOutperform Votes
274
59.96%
Underperform Votes
183
40.04%
EnovixOutperform Votes
47
65.28%
Underperform Votes
25
34.72%

Bloom Energy has a beta of 3.27, indicating that its stock price is 227% more volatile than the S&P 500. Comparatively, Enovix has a beta of 1.98, indicating that its stock price is 98% more volatile than the S&P 500.

Enovix has lower revenue, but higher earnings than Bloom Energy. Bloom Energy is trading at a lower price-to-earnings ratio than Enovix, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bloom Energy$1.47B2.79-$302.12M-$0.20-89.35
Enovix$23.07M49.82-$214.07M-$1.45-4.14

In the previous week, Bloom Energy had 35 more articles in the media than Enovix. MarketBeat recorded 41 mentions for Bloom Energy and 6 mentions for Enovix. Enovix's average media sentiment score of 0.95 beat Bloom Energy's score of 0.84 indicating that Enovix is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bloom Energy
12 Very Positive mention(s)
20 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Enovix
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

77.0% of Bloom Energy shares are held by institutional investors. Comparatively, 50.9% of Enovix shares are held by institutional investors. 8.8% of Bloom Energy shares are held by insiders. Comparatively, 15.7% of Enovix shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

Bloom Energy beats Enovix on 11 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ENVX vs. The Competition

MetricEnovixelectrical machinery, equipment, & supplies IndustryEnergy SectorNASDAQ Exchange
Market Cap$1.15B$728.08M$6.77B$7.58B
Dividend YieldN/A2.74%11.08%4.33%
P/E Ratio-4.148.5341.7717.79
Price / Sales49.829.7618,767.4594.47
Price / CashN/A15.9535.4334.64
Price / Book3.857.153.323.99
Net Income-$214.07M-$72.44M$4.27B$247.24M
7 Day PerformanceN/A3.02%1.86%5.84%
1 Month Performance-21.44%-9.94%-7.59%-5.78%
1 Year Performance-17.78%-15.92%-6.30%-1.99%

Enovix Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ENVX
Enovix
2.4766 of 5 stars
$6.01
+0.5%
$20.30
+237.8%
-17.8%$1.15B$23.07M-4.14340Gap Down
BE
Bloom Energy
4.2695 of 5 stars
$17.09
+3.0%
$25.06
+46.6%
+66.4%$3.94B$1.47B-30.522,530Analyst Forecast
Gap Up
NOVT
Novanta
2.8872 of 5 stars
$104.64
+0.5%
$160.00
+52.9%
-29.8%$3.76B$949.25M62.552,900Positive News
Gap Down
High Trading Volume
XCH
XCHG
N/A$1.15
+2.7%
N/AN/A$2.73B$39.07M0.00165
QS
QuantumScape
1.7554 of 5 stars
$3.71
-3.3%
$6.06
+63.6%
-34.3%$2.03BN/A-3.94850Gap Down
ENR
Energizer
3.6627 of 5 stars
$27.18
-4.4%
$37.88
+39.3%
-2.8%$1.96B$2.90B34.435,600Positive News
ATKR
Atkore
2.6205 of 5 stars
$54.34
+0.5%
$103.17
+89.9%
-66.2%$1.89B$3.07B5.265,000Analyst Forecast
Gap Up
RUN
Sunrun
4.2111 of 5 stars
$6.58
-5.9%
$17.20
+161.7%
-41.4%$1.49B$2.04B-3.6112,400Analyst Forecast
Positive News
Gap Down
PLUG
Plug Power
3.8503 of 5 stars
$1.25
+2.0%
$2.33
+86.9%
-63.3%$1.15B$628.81M-0.582,450Analyst Forecast
EOSE
Eos Energy Enterprises
0.8515 of 5 stars
$3.54
-7.5%
$4.70
+33.0%
+377.8%$802.39M$15.61M-1.47250News Coverage
Positive News
Gap Up
FLNC
Fluence Energy
3.3091 of 5 stars
$4.35
+1.0%
$13.98
+221.1%
-74.8%$792.28M$2.52B-87.28970Analyst Forecast
Gap Up
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This page (NASDAQ:ENVX) was last updated on 4/15/2025 by MarketBeat.com Staff
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