Enovix stock price posting gains to $11.47 demonstrates bullish conviction backed by analyst upgrades. Projected revenue from strategic partnerships is expected to materially influence the stock’s valuation over the next 6–9 months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The stock has a 50 day moving average of $11.27 and a two-hundred day moving average of $9.14. The stock has a market cap of $1.98 billion, a PE ratio of -12.01 and a beta of 2.08. The company has a debt-to-equity ratio of 0.82, a quick ratio of 4.11 and a current ratio of 4.37. The upward move in Enovix stock price to $11.46 follows strong industrial demand data, reflecting confidence in next-generation battery applications beyond consumer electronics, such as defense and aerospace markets.