Enovix stock price posting gains to $11

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. Despite these short-term setbacks, experts believe automakers will continue investing in EVs to remain relevant in the market. The cap prices of the capped call transactions relating to the Notes are initially $16.47 at the six month expiry, approximately $17.84 at the twelve month expiry, approximately $18.76 at the eighteen month expiry and $20.13 at the thirty-six month expiry, respectively, which together represent an average premium of 100.0% over the last reported sale price of Enovix common stock on the Nasdaq Global Select Market on September 10, 2025, and is subject to certain adjustments under the terms of the capped call transactions. Daily charts of the Enovix stock price exhibit consolidation between $11.30 and $11.