Enovix Corp
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No SEC Form 4 filings for $ENVX in the last 30 days.
See all $ENVX insider activity →Enovix Corp's (ENVX) Chief Legal Officer Arthi Chakravarthy had 2,221 shares withheld to cover taxes on vesting restricted stock units (RSUs) at $3.27 per share. She holds 581,314 shares, including unvested RSUs and performance-based stock units set to vest between 2027 and 2028.
Enovix (ENVX) plans to double drone battery production in South Korea by mid-2027, targeting 1M units/year. The expansion is backed by a $183M customer pipeline, though not all are firm orders. ENVX has $552.1M in cash. Q2 revenue was $9M, with a $43.3M operating loss.
Massif Capital's Q2 2026 investor letter reported a 5.16% net loss, with Enovix Corp (ENVX) falling 21.66% in one month. ENVX declined due to investor exits, soft revenue guidance, and semiconductor selloffs, closing at $3.40 per share on August 19, 2026, with a market cap of $687.97 million.
Over the past 7 days, alphai's AI scored 2 news stories mentioning ENVX (Enovix Corp). Coverage has been balanced: 0 bullish, 2 neutral, and 0 bearish.
Recent ENVX coverage spans market movers, financial news and technology.
Minor insider sell of $7K value; unlikely to move price but confirms ongoing RSU vesting schedule.
The expansion could boost revenue if pipeline converts, but timing and demand risks remain.
Significant short‑term downside pressure on ENVX.
CEO departure creates leadership uncertainty and overhang on the stock.
Leadership change may cause short-term volatility but guidance reaffirmation supports stability.
alphai scores every news story that mentions ENVX with an AI model for sentiment and relevance, and aggregates insider trades from Enovix Corp's SEC EDGAR Form 4 filings. Figures refresh continuously.
Enovix Corp's (ENVX) Chief Legal Officer Arthi Chakravarthy had 2,221 shares withheld to cover taxes on vesting restricted stock units (RSUs) at $3.27 per share. She holds 581,314 shares, including unvested RSUs and performance-based stock units set to vest between 2027 and 2028.
1 min readEnovix (ENVX) plans to double drone battery production in South Korea by mid-2027, targeting 1M units/year. The expansion is backed by a $183M customer pipeline, though not all are firm orders. ENVX has $552.1M in cash. Q2 revenue was $9M, with a $43.3M operating loss.
2 min readMassif Capital's Q2 2026 investor letter reported a 5.16% net loss, with Enovix Corp (ENVX) falling 21.66% in one month. ENVX declined due to investor exits, soft revenue guidance, and semiconductor selloffs, closing at $3.40 per share on August 19, 2026, with a market cap of $687.97 million.
2 min readSTLA, GME, and ENVX shares hit 52-week lows. STLA fell 1.37% due to a recall of 955,000 vehicles. GME dropped 2.45% after issuing $1.4B in convertible notes. ENVX plunged 13% following CEO resignation and price target cuts.
2 min readEnovix Corporation (ENVX) announced CEO Raj Talluri's resignation and appointed CFO Ryan Benton as interim CEO. The company reaffirmed its Q3 2026 guidance, with revenue expected between $9.0M and $10.0M and a non-GAAP operating loss between $29.0M and $32.0M. Enovix highlighted its strong executive team and product roadmap, including smartphone, smart eyewear, and defense/drone markets. The company's cash position stands at $552.1M.
2 min readQuantumScape (QS) fell 6%, Enovix (ENVX) dropped 14%, and Solid Power (SLDP) declined 4% amid rising Treasury yields. The battery developers are sensitive to long-term rates, impacting their valuations. QuantumScape's fundamentals remain intact, with partnerships with Honda and Volkswagen. Enovix and Solid Power also reported recent developments. The Amplify Lithium & Battery Technology ETF (BATT) fell 2%.
6 min readEnovix Corporation (NASDAQ: ENVX) shares fell 10.99% after CEO Raj Talluri's resignation and soft Q3 guidance. The company expects $9–$10M in revenue and a non-GAAP loss of $0.17–$0.13 per share, below analyst estimates. William Blair downgraded ENVX to 'Market Perform,' citing higher risk, and TD Cowen cut its price target to $5.50. ENVX reported annual revenue of $31.8M, with a profit margin of -470% and negative cash flow.
3 min readEnovix said its strategy, product roadmap, customer programs and Q3 2026 guidance remain unchanged after CFO Ryan Benton became interim CEO following Raj’s resignation. Executive Chairman T.J. Rodgers will take a more active operating role. Enovix cited 1,000-cycle life for AI smartphone cells, smart-eyewear shipment of 50,000 units, and a $183 million defense and drone backlog.
2 min readBofA Securities cut its Enovix (NASDAQ:ENVX) price target to $5.00 from $8.00 and kept a Neutral rating after CEO Raj Talluri resigned. CFO Ryan Benton became interim CEO and T.J. Rodgers was named executive chairman. BofA cited CEO-transition uncertainty and early manufacturing and margin/cash-flow risks, despite battery qualification progress and recent results.
4 min readEnovix (ENVX) shares fell 16.5% after the company said CEO Dr. Raj Talluri resigned effective Aug. 13, 2026. The board named CFO Ryan Benton interim CEO and chairman T.J. Rodgers executive chairman. An analyst downgraded the stock and removed its price target. Enovix reaffirmed Q3 2026 guidance and said Honor battery cells surpassed 1,000 charge cycles.
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