Enovix in Pivotal Point Check: Battery Manufacturer Impresses with Strong Q2 Numbers and Revolutionary AI Battery for Smartphones!
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Q2 revenue increases by 98% compared to the previous year. Boosted by the launch of the AI-1 battery for AI smartphones. Northland reaffirms outperform rating with a price target of $25. Enovix's stock rose by 14% on July 7, 2025, after the battery manufacturer announced preliminary financial results for the second quarter. The company develops and manufactures advanced lithium-ion batteries with silicon anodes for various applications such as consumer electronics and electric vehicles. With a revenue of $7.5 million, Enovix exceeded its...
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