ENVX Stock Up 39% after 5-Day Win Streak
Enovix (ENVX) stock hit day 5 of a continuous streak of days with gains, with cumulative gains over this period amounting to a 39% return. The company has gained about $1.0 Bil in value over the last 5 days, with its current market capitalization at about $2.6 Bil. The stock remains 29.9% above its value at the end of 2024. This compares with year-to-date returns of 6.8% for the S&P 500.
Comparing ENVX Stock Returns With The S&P 500
The following table summarizes the return for ENVX stock vs. the S&P 500 index over different periods, including the current streak:
| Return Period | ENVX | S&P 500 |
|---|---|---|
| 1D | 2.9% | 0.3% |
| 5D (Current Streak) | 39.1% | 1.3% |
| 1M (21D) | 69.9% | 4.7% |
| 3M (63D) | 134.9% | 24.1% |
| YTD 2025 | 29.9% | 6.8% |
| 2024 | -13.2% | 23.3% |
| 2023 | 0.6% | 24.2% |
| 2022 | -54.4% | -19.4% |
Gains and Losses Streaks: S&P 500 Constituents
There are currently 125 S&P constituents with 3 days or more of consecutive gains and 33 constituents with 3 days or more of consecutive losses.
| Consecutive Days | # of Gainers | # of Losers |
|---|---|---|
| 3D | 100 | 19 |
| 4D | 7 | 5 |
| 5D | 3 | 6 |
| 6D | 5 | 3 |
| 7D or more | 10 | 0 |
| Total >=3 D | 125 | 33 |
Key Financials for Enovix (ENVX)
Last 2 Fiscal Years:
| Metric | FY2023 | FY2024 |
|---|---|---|
| Revenues | $7.6 Mil | $23.1 Mil |
| Operating Income | $-222.8 Mil | $-200.9 Mil |
| Net Income | $-214.1 Mil | $-222.2 Mil |
Last 2 Fiscal Quarters:
| Metric | 2024 FQ4 | 2025 FQ1 |
|---|---|---|
| Revenues | $9.7 Mil | $5.1 Mil |
| Operating Income | $-34.5 Mil | $-42.6 Mil |
| Net Income | $-37.5 Mil | $-23.5 Mil |
While ENVX stock looks attractive given its winning streak, investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming the S&P 500 over the last 4-year period. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.