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Enovix (ENVX) Competitors

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$10.72 -0.76 (-6.62%)
Closing price 04:00 PM Eastern
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$10.77 +0.05 (+0.47%)
As of 07:59 PM Eastern
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ENVX vs. BE, NOVT, XCH, QS, ATKR, ENR, RUN, NPWR, PLUG, 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), Atkore (ATKR), Energizer (ENR), Sunrun (RUN), NET Power (NPWR), Plug Power (PLUG), and Fluence Energy (FLNC). These companies are all part of the "electrical equipment" industry.

Enovix vs.

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

50.9% of Enovix shares are owned by institutional investors. Comparatively, 77.0% of Bloom Energy shares are owned by institutional investors. 15.7% of Enovix shares are owned by insiders. Comparatively, 8.8% of Bloom Energy shares are owned 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.

Enovix presently has a consensus target price of $20.30, suggesting a potential upside of 89.37%. Bloom Energy has a consensus target price of $24.18, suggesting a potential upside of 0.28%. Given Enovix's stronger consensus rating and higher possible upside, equities analysts plainly believe Enovix is more favorable than Bloom Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enovix
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.91
Bloom Energy
1 Sell rating(s)
10 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.45

Bloom Energy received 221 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
EnovixOutperform Votes
47
65.28%
Underperform Votes
25
34.72%
Bloom EnergyOutperform Votes
268
59.96%
Underperform Votes
179
40.04%

Enovix has a beta of 1.87, meaning that its stock price is 87% more volatile than the S&P 500. Comparatively, Bloom Energy has a beta of 3.06, meaning that its stock price is 206% more volatile than the S&P 500.

Enovix has higher earnings, but lower revenue 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
Enovix$23.07M82.70-$214.07M-$1.45-7.39
Bloom Energy$1.33B4.13-$302.12M-$0.56-43.05

In the previous week, Enovix had 12 more articles in the media than Bloom Energy. MarketBeat recorded 25 mentions for Enovix and 13 mentions for Bloom Energy. Bloom Energy's average media sentiment score of 1.19 beat Enovix's score of 0.19 indicating that Bloom Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enovix
4 Very Positive mention(s)
4 Positive mention(s)
8 Neutral mention(s)
4 Negative mention(s)
1 Very Negative mention(s)
Neutral
Bloom Energy
11 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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
Enovix-963.17% -96.99% -38.60%
Bloom Energy -10.29%-20.32%-3.94%

Summary

Bloom Energy beats Enovix on 9 of the 17 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$1.91B$886.24M$9.05B$8.98B
Dividend YieldN/A2.26%11.61%3.85%
P/E Ratio-7.3910.3713.0718.82
Price / Sales82.709.46296.3780.73
Price / CashN/A16.4911.9037.47
Price / Book6.878.133.804.64
Net Income-$214.07M-$70.66M$808.15M$245.69M
7 Day Performance-6.38%-2.73%-1.78%-2.63%
1 Month Performance-6.54%-10.21%-5.58%-2.37%
1 Year Performance-0.09%2.89%6.38%13.65%

Enovix Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ENVX
Enovix
2.3008 of 5 stars
$10.72
-6.6%
$20.30
+89.4%
-2.6%$1.91B$23.07M-7.39340Earnings Report
Analyst Forecast
News Coverage
BE
Bloom Energy
3.2215 of 5 stars
$25.47
+3.1%
$24.18
-5.1%
+191.5%$5.82B$1.33B-45.482,377Upcoming Earnings
Positive News
NOVT
Novanta
2.3879 of 5 stars
$143.17
-2.2%
$169.00
+18.0%
-10.7%$5.14B$881.66M85.732,900Upcoming Earnings
News Coverage
XCH
XCHG
N/A$1.30
-5.1%
N/AN/A$3.08BN/A0.00165News Coverage
Gap Down
QS
QuantumScape
0.9225 of 5 stars
$5.26
+1.6%
$5.58
+6.1%
-18.5%$2.69BN/A-5.53850Analyst Forecast
Insider Trade
ATKR
Atkore
4.2561 of 5 stars
$72.54
+3.7%
$103.17
+42.2%
-52.8%$2.52B$3.20B7.025,600Ex-Dividend
Short Interest ↓
ENR
Energizer
3.2105 of 5 stars
$30.96
-1.7%
$38.38
+24.0%
+3.2%$2.23B$2.89B39.195,600Analyst Revision
Positive News
RUN
Sunrun
4.2915 of 5 stars
$8.82
+2.8%
$18.36
+108.2%
-46.3%$1.98B$2.26B-4.8510,833Insider Trade
News Coverage
NPWR
NET Power
1.0992 of 5 stars
$7.76
-1.6%
$9.50
+22.5%
-2.7%$1.67B$170,000.000.0024
PLUG
Plug Power
3.7391 of 5 stars
$1.76
flat
$4.12
+134.0%
-53.1%$1.60B$891.34M-0.823,868
FLNC
Fluence Energy
4.0941 of 5 stars
$6.43
+4.0%
$14.64
+127.7%
-58.6%$1.16B$2.70B49.461,595Insider Trade
Gap Up
High Trading Volume

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This page (NASDAQ:ENVX) was last updated on 2/21/2025 by MarketBeat.com Staff
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