Enovix Corp Sees Options Trading Volume Exceeding 103.5% of Daily Average
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 23 2025
0mins
Source: NASDAQ.COM
- Active Options Trading: Enovix Corp's options trading volume reached 61,595 contracts, equivalent to approximately 6.2 million shares, exceeding 103.5% of its average daily trading volume over the past month, indicating heightened market interest in its future performance.
- High Demand Options: Notably, the $8.50 strike call option expiring on January 2, 2026, saw 35,303 contracts traded, representing about 3.5 million underlying shares, suggesting investor expectations for a price increase in Enovix.
- Target Corp Trading Activity: Concurrently, Target Corp experienced options trading volume of 55,579 contracts, equivalent to approximately 5.6 million shares, which is about 77.4% of its average daily trading volume, reflecting ongoing market interest in its stock.
- Put Option Concerns: In Target's trading, the $140 strike put option expiring on January 16, 2026, had a trading volume of 5,500 contracts, representing around 550,000 underlying shares, indicating investor concerns regarding potential downside risks in its stock price.
Analyst Views on ENVX
Wall Street analysts forecast ENVX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ENVX is 19.00 USD with a low forecast of 10.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
7 Buy
2 Hold
0 Sell
Strong Buy
Current: 7.820
Low
10.00
Averages
19.00
High
25.00
Current: 7.820
Low
10.00
Averages
19.00
High
25.00
About ENVX
Enovix Corporation is a global high-performance battery company. The Company designs, develops, manufactures, and commercializes lithium-ion (Li-ion) battery cells that increase the amount of energy density and storage capacity relative to conventional battery cells. In addition to designing its batteries, it also develops the advanced manufacturing processes needed to produce its batteries in high volume. It targets a smaller group of large customers that require custom cells. Its technology roadmap is built around a structured progression of battery nodes, with each new generation, such as the EX-1M, EX-2M, EX-3M and so on. The Company, through Routejade, Inc. (Routejade), supplies batteries for wearables, medical devices, headsets, activity trackers, and industrial equipment. Routejade offers product categories, including PD series, FLPB and ASDB series, and SLPB series. The PD series consists of rechargeable coin cells commonly used in healthcare and IoT applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
