Enovix Corporation ENVX

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In-house Drone Battery Production Capacity to Double by Mid-2027FREMONT, Calif., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (“Enovix”), a developer and manufacturer of advanced lithium-ion batteries, including proprietary silicon-anode architectures, highlighted that its drone and defense battery portfolio manufactured in South Korea is compliant with the Trade Agreements Act (TAA), expanding the company’s ability to serve U.S. government defense programs. Enovix is dou

Enovix Corporation (NASDAQ:ENVX) shares fell 3.8% to $3.27 on August 20, the day the company announced plans to double its production capacity for drone batteries in South Korea. The expansion could strengthen Enovix’s position in defense and industrial markets, but the headline pipeline figure requires closer examination. Enovix Corporation (NASDAQ:ENVX) expects the added capacity to […]

Enovix (NasdaqGS: ENVX) announced a leadership transition, with CEO and President Dr. Raj Talluri resigning and Board member Ryan Benton stepping in as Interim CEO, while T.J. Rodgers becomes Executive Chairman. The company outlined an accelerated capacity expansion in South Korea that includes doubling production capacity for drone batteries. Management described a pathway toward larger scale manufacturing using its AI-1 technology, aimed at serving defense, drone, and industrial...

Massif Capital, an investment management company, released its “Massif Capital Real Assets Strategy” second quarter 2026 investor letter. A copy of the letter can be downloaded here. In the quarter, the strategy fell 5.16% net of fees, bringing year-to-date returns to 10.7%. April and May were strong, but June losses in European energy and materials […]

Expansion Leverages Existing Company-Owned South Korea Facility, With Added Capacity Expected in Mid-2027FREMONT, Calif., Aug. 20, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) (“Enovix”), a developer and manufacturer of advanced lithium-ion batteries, including proprietary silicon-anode architectures, today provided additional details of its accelerated capacity expansion in South Korea, whose first phase is expected to double production capacity for its flagship drone products, an

Stellantis, GameStop, and Enovix stocks fell to fresh 52-week lows on Tuesday amid company-specific negative catalysts and Wall Street price target cuts.

A CEO Transition, Not a Strategy Transition Q3’26 Guidance Reaffirmed; ~$552 Million in CashFREMONT, Calif., Aug. 18, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix" or the "Company," Nasdaq: ENVX), a developer and manufacturer of advanced lithium-ion batteries, today published a summary of its August 17 investor webcast on the Company’s CEO transition, hosted by Executive Chairman T.J. Rodgers, Interim CEO Ryan Benton and the Enovix executive staff. A replay of the webcast is available on

Treasury yields near multi-decade highs are punishing pre-revenue battery stocks in a way that has nothing to do with their technology, and the gap between deteriorating share prices and intact fundamentals is growing harder to ignore.

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Enovix executive chairman T.J. Rodgers sought to reassure investors following the CEO announcement, stating it was merely a change in position but not company strategy.

The sell-offs followed a failed trial, a massive recall, and a CEO's exit.

Board Appoints CFO Ryan Benton as Interim CEO and T.J. Rodgers as Executive ChairmanFREMONT, Calif., Aug. 17, 2026 (GLOBE NEWSWIRE) -- Enovix Corporation ("Enovix" or the "Company," Nasdaq: ENVX), a developer and manufacturer of advanced lithium-ion batteries, today announced that Raj Talluri has resigned his position as CEO and director of the Company, effective August 13, 2026, to pursue another opportunity. The Company’s Board of Directors (the "Board") accepted his resignation the next day a

Enovix Corporation recently reported second-quarter 2026 results, posting US$9.02 million in sales with a reduced net loss of US$43.06 million, and issued third-quarter revenue guidance of US$9.0 million–US$10.0 million while confirming completion of its US$58.29 million share repurchase program. The company underscored growing commercial traction, including rising Smart Eyewear orders, an expanded US$180 million drone and defense pipeline, and continued progress toward qualifying its...

Enovix (ENVX) just reported second quarter revenue of US$9.02 million, alongside guidance for third quarter revenue of US$9.0 million to US$10.0 million, highlighting continued traction in Smart Eyewear and drone or defense orders. See our latest analysis for Enovix. Despite the upbeat Q2 revenue and guidance, Enovix’s share price has been under pressure, with the latest close at US$4.43 and the year to date share price return down 43.9%, while the 1 year total shareholder return has fallen...