Enovix Corporation vs Freeport-McMoRan Inc — how do they compare? Enovix Corporation trades at $4.59 (market cap $1.03B), while Freeport-McMoRan Inc trades at $67.06 (market cap $96.91B). The key difference: Freeport-McMoRan Inc is far larger — about 94.1× Enovix Corporation's market cap, and Freeport-McMoRan Inc pays a 0.87% dividend while Enovix Corporation pays none. Which is the better fit depends on your goals.
| ENVX | FCX | |
|---|---|---|
Market Cap | $1.03B | $96.91B |
Sector | Technology | Basic Materials |
52-Week High | $13.19 | $71.73 |
52-Week Low | $3.68 | $35.34 |
Enterprise Value | $1.09B | $103.19B |
Dividend Yield | — | 0.87% |
Signals from Pluang's Aura AI — not financial advice
ENVX trades at $4.73, up 1.94% with a bullish technical signal despite negative profitability metrics. The company shows consistent earnings beats but operates at significant losses with a -499.64% net income margin. Recent positive developments include the appointment of a former Apple executive as COO and upcoming Q2 2026 earnings on August 12, 2026.
Analyst consensus remains strongly bullish with a $12.38 price target (162% upside), though execution risks are high given cash burn and negative margins. The stock offers speculative growth potential in advanced battery technology but requires careful risk management due to ongoing operational losses.
FCX trades at $69.23, down 1.84% on the day, with a bullish technical signal supported by moving averages and strong support at $68. The company reported Q2 2026 EPS of $0.68, beating estimates, and maintains robust cash flow from operations of $5.61 billion in 2025. Recent news highlights growth from Grasberg ramp-up and copper market tailwinds.
Outlook is positive with a consensus price target of $73.85, reflecting 6.7% upside, driven by earnings beats and expansion projects. Risks include commodity price volatility and execution challenges at new mines. Analyst sentiment is strongly bullish with 61% buy ratings, but overbought RSI levels suggest near-term caution.
Trailing returns across standard periods
Latest headlines on both assets
Enovix designs and manufactures advanced silicon-anode lithium-ion batteries. Its technology aims to provide high energy density and improved performance for mobile devices and consumer electronics.
Read more on ENVX →Freeport-McMoRan Inc is an international mining company. It operates geographically diverse assets with proven and probable mineral reserves of copper, gold and molybdenum. The company's portfolio of assets includes the Grasberg minerals district in Indonesia
Read more on FCX →