Compare Enovix Corporation (ENVX) vs ON Holding AG (ONON) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Enovix Corporation vs ON Holding AG — how do they compare? Enovix Corporation trades at $4.61 (market cap $1.11B), while ON Holding AG trades at $38.15 (market cap $12.49B). The key difference: ON Holding AG is far larger — about 11.3× Enovix Corporation's market cap, and ON Holding AG is trading nearer its 52-week high, Enovix Corporation nearer its low. Which is the better fit depends on your goals.
| ENVX | ONON | |
|---|---|---|
Market Cap | $1.11B | $12.49B |
Sector | Technology | Technology |
52-Week High | $15.93 | $54.24 |
52-Week Low | $4.84 | $31.88 |
Enterprise Value | $1.13B | $11.81B |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
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.
ONON trades at $38.26, up 1.38% today, with a neutral technical signal and strong fundamental momentum. The company has beaten earnings estimates for three consecutive quarters, with Q2 2026 EPS expected at $0.43. Revenue reached $3.01B in 2025 with a net income margin of 8.02%, while cash flow from operations was $359.5M. Analyst sentiment is overwhelmingly positive, with 20 buy ratings and a consensus price target of $47.33.
Outlook remains favorable given consistent earnings beats and margin expansion, though elevated valuation ratios (P/E 40.42) pose a risk if growth slows. Key catalysts include Q2 2026 results and Asia-Pacific expansion, while competition and macroeconomic pressures represent headwinds for the premium athleticwear brand.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
About Enovix Corporation
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 →About ON Holding AG
ON Holding AG is a Swiss sports company primarily known for its high-performance running shoes, apparel, and accessories under the 'On' brand. The company emphasizes a blend of high-end design, proprietary cloud technology (like CloudTec cushioning), and sustainability in its products. On has rapidly gained market share globally, appealing to both competitive athletes and general consumers in the performance and lifestyle footwear segments.
Read more on ONON →
