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Enovix (ENVX) Competitors

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$8.84 +0.39 (+4.62%)
Closing price 03/24/2025 04:00 PM Eastern
Extended Trading
$8.88 +0.04 (+0.51%)
As of 03/24/2025 08:00 PM Eastern
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ENVX vs. BE, NOVT, XCH, QS, ATKR, ENR, RUN, PLUG, FLNC, and EOSE

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), Plug Power (PLUG), Fluence Energy (FLNC), and Eos Energy Enterprises (EOSE). 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 superior business? We will compare the two businesses based on the strength of their institutional ownership, risk, dividends, community ranking, valuation, media sentiment, earnings, analyst recommendations and profitability.

Bloom Energy presently has a consensus target price of $25.06, indicating a potential upside of 8.80%. Enovix has a consensus target price of $20.30, indicating a potential upside of 129.64%. Given Enovix's stronger consensus rating and higher possible upside, analysts clearly believe Enovix is more favorable than Bloom Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bloom Energy
1 Sell rating(s)
11 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.43
Enovix
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.91

In the previous week, Bloom Energy had 29 more articles in the media than Enovix. MarketBeat recorded 34 mentions for Bloom Energy and 5 mentions for Enovix. Bloom Energy's average media sentiment score of 1.16 beat Enovix's score of 1.00 indicating that Bloom Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bloom Energy
19 Very Positive mention(s)
11 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Enovix
3 Very Positive mention(s)
0 Positive mention(s)
2 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 company insiders. Comparatively, 15.7% of Enovix shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Bloom Energy received 223 more outperform votes than Enovix when rated by MarketBeat users. However, 65.28% of users gave Enovix an outperform vote while only 59.73% of users gave Bloom Energy an outperform vote.

CompanyUnderperformOutperform
Bloom EnergyOutperform Votes
270
59.73%
Underperform Votes
182
40.27%
EnovixOutperform Votes
47
65.28%
Underperform Votes
25
34.72%

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$1.47B3.60-$302.12M-$0.20-115.15
Enovix$23.07M73.28-$214.07M-$1.45-6.10

Bloom Energy has a beta of 3.3, indicating that its stock price is 230% more volatile than the S&P 500. Comparatively, Enovix has a beta of 1.93, indicating that its stock price is 93% more volatile than the S&P 500.

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%

Summary

Bloom Energy beats Enovix on 10 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$1.69B$809.65M$7.71B$8.28B
Dividend YieldN/A2.42%10.66%4.02%
P/E Ratio-6.109.2045.0319.36
Price / Sales73.2810.9326,485.1493.26
Price / CashN/A15.9535.3834.64
Price / Book5.679.523.704.51
Net Income-$214.07M-$70.66M$4.27B$247.14M
7 Day Performance8.20%0.21%2.03%2.69%
1 Month Performance-9.98%-8.59%-1.74%-3.39%
1 Year Performance7.54%-8.61%7.56%5.06%

Enovix Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ENVX
Enovix
2.6268 of 5 stars
$8.84
+4.6%
$20.30
+129.6%
+7.5%$1.69B$23.07M-6.10340Positive News
Gap Up
BE
Bloom Energy
2.8488 of 5 stars
$24.59
+0.5%
$24.47
-0.5%
+133.3%$5.67B$1.47B-43.912,530Positive News
Gap Up
NOVT
Novanta
2.2118 of 5 stars
$138.46
+1.8%
$160.00
+15.6%
-20.5%$4.98B$949.25M82.932,900Positive News
XCH
XCHG
N/A$1.28
-5.9%
N/AN/A$3.04B$39.07M0.00165
QS
QuantumScape
2.0705 of 5 stars
$4.52
+3.6%
$6.06
+34.2%
-17.9%$2.46BN/A-4.79850Positive News
ATKR
Atkore
2.787 of 5 stars
$66.32
+2.8%
$103.17
+55.6%
-66.0%$2.30B$3.07B6.425,000
ENR
Energizer
3.9136 of 5 stars
$30.36
+1.3%
$38.38
+26.4%
+6.7%$2.19B$2.90B38.415,600Positive News
RUN
Sunrun
4.5621 of 5 stars
$7.03
+8.1%
$17.20
+144.9%
-43.8%$1.59B$2.04B-3.8710,833
PLUG
Plug Power
4.1288 of 5 stars
$1.72
+3.3%
$2.34
+36.6%
-54.8%$1.59B$628.81M-0.802,450Analyst Forecast
FLNC
Fluence Energy
3.5543 of 5 stars
$5.44
+5.9%
$14.34
+163.9%
-66.3%$984.90M$2.52B-108.50970
EOSE
Eos Energy Enterprises
0.5137 of 5 stars
$4.24
+2.5%
$4.13
-2.6%
+335.0%$959.65M$15.61M-1.76250Gap Up
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This page (NASDAQ:ENVX) was last updated on 3/25/2025 by MarketBeat.com Staff
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