Envx stock forecast current envx stock forecast models

Current envx stock forecast models indicate short-term volatility but a favorable medium-term trajectory, supported by a 5% revenue growth forecast for FY On the supply side, lithium production has significantly increased, with current global output at 190 kt, mainly from Australia and Latin American countries like Chile and Argentina. By 2030, global supply is projected to rise to 450 kt in a base scenario, but further investments will be necessary to meet future demand, especially in meeting climate goals. Shares of Enovix Corporation ( NASDAQ:ENVX - Get Free Report ) gapped down before the market opened on Thursday . The stock had previously closed at $9.15, but opened at $7.89. Enovix shares last traded at $8.12, with a volume of 10,795,469 shares traded. A recent upgrade from a major investment bank boosted the envx stock forecast, raising the 12-month target price from $9.50 to $