ENVX, CVNA, AMC: 3 Meme Stocks Analysts Say You Shouldn't Ignore

Tip Ranks
2025.11.12 14:08
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Meme stocks are gaining attention as retail investors seek quick gains, driven by social media hype. Analysts highlight three stocks to watch: Enovix (ENVX), Carvana (CVNA), and AMC Entertainment (AMC). ENVX, focused on advanced battery technology, has a Strong Buy consensus from analysts, with a potential upside of 122%. However, investors should be cautious as these stocks are highly volatile and influenced more by market sentiment than fundamentals.

Meme stocks remain in the spotlight as retail investors jump in for quick gains and social media buzz. A mix of short squeezes, online hype, and market optimism has driven several names higher. But for investors, timing and risk matter as these rallies can fade just as fast as they rise. Here are three meme stocks worth watching right now: Enovix (ENVX), Carvana (CVNA), and AMC Entertainment (AMC).

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What are Meme Stocks?

Meme stocks are shares of companies that gain sudden popularity among retail investors, often fueled by social media platforms like Reddit (RDDT), X, or TikTok. The buzz can send their prices soaring rapidly, often far beyond what fundamentals justify.

These stocks are highly volatile, driven more by hype, viral trends, and online sentiment than by traditional financial metrics.

Analyze and Compare Meme Stocks with TipRanks

TipRanks offers powerful tools to help investors discover and monitor stock opportunities that fit with their goals. In this context, the Meme Stocks tool lets users compare up to ten trending meme stocks across key metrics like analyst ratings, price targets, investor sentiment, etc.

Here are three meme stocks to keep an eye on right now.

Enovix (ENVX)

Enovix is an advanced battery technology company focused on developing high-performance lithium-ion batteries for next-generation devices. While the company's battery technology shows promise, its stock often swings sharply on social media hype and sentiment. Year-to-date, ENVX stock is down about 18%.

Turning to Wall Street, analysts have a Strong Buy consensus rating on ENVX stock based on six Buys and two Holds assigned in the past three months. Furthermore, the Enovix's average stock price target of $19.71 per share implies 122% upside potential.