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Wall Street Analysts Think Enovix Corporation (ENVX) Could Surge 104.5%: Read This Before Placing a Bet
ENVXEnovix (ENVX) ZACKS·2024-10-25 14:56

Shares of Enovix Corporation (ENVX) have gained 16.6% over the past four weeks to close the last trading session at 10.88,buttherecouldstillbeasolidupsideleftinthestockifshorttermpricetargetsofWallStreetanalystsareanyindication.Goingbythepricetargets,themeanestimateof10.88, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of 22.25 indicates a potential upside of 104.5%. The mean estimate comprises 12 short-term price targets with a standard deviation of 6.30.Whilethelowestestimateof6.30. While the lowest estimate of 14 indicates a 28.7% increase from the c ...