---
title: "Analyst Reiterates Buy on Enovix Citing Smartphone Qualification Milestone, New Smart-Glasses Shipments, and Expanding $100M+ Drone Pipeline"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295807843.md"
description: "William Blair analyst Mark Shooter reiterated a Buy rating on Enovix (ENVX), citing smartphone qualification milestones, new smart-glasses shipments, and a $100M+ drone pipeline. Oppenheimer also maintained a Buy rating with a $21 price target."
datetime: "2026-08-13T13:25:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295807843.md)
  - [en](https://longbridge.com/en/news/295807843.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295807843.md)
generator: "portal-rs"
---

# Analyst Reiterates Buy on Enovix Citing Smartphone Qualification Milestone, New Smart-Glasses Shipments, and Expanding $100M+ Drone Pipeline

William Blair analyst Mark Shooter has maintained their bullish stance on ENVX stock, giving a Buy rating today.

### Claim 55% Off TipRanks

-   Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
-   Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks

Mark Shooter has given his Buy rating due to a combination of factors tied to Enovix’s execution across key end markets and an attractive risk‑reward profile at current levels. He highlights meaningful operational progress in smartphones, where Enovix has cleared a critical 1,000‑cycle qualification hurdle with a leading OEM and is preparing for system‑level field tests, while a second handset customer is lined up to begin similar evaluations, supporting a potential 2027 launch window.

Shooter also points to growing traction in adjacent markets, noting that Enovix has begun shipping commercial batteries to a flagship smart‑glasses customer and is seeing an expanding pipeline of drone opportunities exceeding $100 million. To meet anticipated drone demand, the company is investing in additional Korean capacity that could ultimately support tens of millions of dollars in annual revenue, and he believes forthcoming customer disclosures or new design wins could unlock upside in a stock he expects to remain range‑bound near term.

In another report released today, Oppenheimer also maintained a Buy rating on the stock with a $21.00 price target.

### Related Stocks

- [ENVX.US](https://longbridge.com/en/quote/ENVX.US.md)
- [OPY.US](https://longbridge.com/en/quote/OPY.US.md)

## Related News & Research

- [Enovix (ENVX) Q2 2026 Earnings Call: Smart Eyewear Revenue Begins, Pipeline Reaches $183M](https://longbridge.com/en/news/295901643.md)
- [Enovix to double South Korea drone battery capacity by mid-2027](https://longbridge.com/en/news/296491794.md)
- [Enovix Says Strategy Intact as CFO Takes Interim CEO Role After Raj Resigns](https://longbridge.com/en/news/296150178.md)
- [Enovix Reports on CEO Transition Webcast | ENVX Stock News](https://longbridge.com/en/news/296267816.md)
- [Enovix CEO Talluri resigns; CFO Benton named interim CEO](https://longbridge.com/en/news/296094704.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**