Professional
Added to YB: 2025-08-01
Pitch date: 2025-07-23
ENVX [neutral]
Enovix Corporation
-56.46%
current return
Author Info
Massif Capital invests in Basic Materials, Energy, and Industrial businesses, creating a unique portfolio that produces uncorrelated long-term capital appreciation. Follow on Twitter/X.
Company Info
Enovix Corporation designs, develops, and manufactures lithium-ion battery cells in the United States and internationally.
Market Cap
$1.2B
Pitch Price
$13.85
Price Target
27.00 (+348%)
Dividend
N/A
EV/EBITDA
-9.45
P/E
-7.11
EV/Sales
40.70
Sector
Electrical Equipment
Category
growth
Massif Capital Real Assets Strategy Portfolio Holding: Enovix Corporation
ENVX (holding update): Up 39% in Q2 + 57% in first 17 days of Q3. 14% portfolio position (avg $6.98, now ~$14-15). AI-1 platform released July 7 with 900WH/L capacity, fast charging, 900+ cycles. PT $27. Key catalysts: first POs expected later 2023 to help unwind 30% short interest. Risks: operational challenges.
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