Enovix Corporation (ENVX) Tops Q1 EPS by 2c

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Craig-Hallum Reiterates Buy Rating on Enovix Corporation (ENVX) as Yields Improve

April 27, 2023 9:02 AM EDT

Craig-Hallum analyst Anthony Stoss reiterated a Buy rating and $15.00 price target on Enovix Corporation (NASDAQ: ENVX) noting yields are improving and the Fab-1 sample production ramp is expected in the 2nd-half of 2023.

The analyst commented, "We continue to believe ENVXs battery technology shows massive upside, and
we are finally seeing... More