Enovix Corporation vs L3Harris Technologies Inc — how do they compare? Enovix Corporation trades at $4.61 (market cap $1.11B), while L3Harris Technologies Inc trades at $284.11 (market cap $53.43B). The key difference: L3Harris Technologies Inc is far larger — about 48.1× Enovix Corporation's market cap, and L3Harris Technologies Inc pays a 1.74% dividend while Enovix Corporation pays none. Which is the better fit depends on your goals.
| ENVX | LHX | |
|---|---|---|
Market Cap | $1.11B | $53.43B |
Sector | Technology | Industrials |
52-Week High | $15.93 | $378.48 |
52-Week Low | $4.84 | $263.09 |
Enterprise Value | $1.13B | $64.20B |
Dividend Yield | — | 1.74% |
Signals from Pluang's Aura AI — not financial advice
ENVX is trading at $4.59, down 9.29% in the last session, with a bearish technical signal. The company shows consistent quarterly earnings beats but remains deeply unprofitable with a -499.64% net income margin. Recent positive developments include the appointment of a former Apple operations leader as COO and progress in commercial battery production for smart eyewear and smartphone markets.
Despite analyst optimism (75% buy ratings, $12.75 consensus target), ENVX faces significant execution risks as it scales production. The stock offers speculative growth potential in advanced battery technology but requires substantial revenue acceleration to justify current valuations amid persistent cash burn and negative profitability.
LHX trades at $283.29, down 2.32% on the day, amid a bearish technical signal but strong fundamentals. The company has beaten EPS estimates for three consecutive quarters, with revenue growing to $21.87B in 2025 and net income reaching $1.61B. Recent contract wins from the U.S. Space Force and Army highlight ongoing defense demand, while analyst consensus remains strongly bullish with a $367.50 price target.
The outlook for LHX is positive given its record backlog and government contracts, though risks include execution on growth initiatives and defense budget volatility. With a P/E of 31.14, the stock trades at a premium to historical averages, but institutional support and dividend payments provide stability. Near-term performance hinges on Q2 2026 earnings due next.
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 →L3Harris Technologies was created in 2019 from the merger of L3 Technologies and Harris, two defense contractors that provide products for the command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) market. The firm also has smaller operations serving the civil government, particularly the Federal Aviation Administration's communication infrastructure, and produces various avionics for defense and commercial aviation.
Read more on LHX →