Endava (NYSE:DAVA – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.610-0.660 for the period, compared to the consensus earnings per share estimate of 0.790. The company issued revenue guidance of $973.0 million-$978.3 million, compared to the consensus revenue estimate of $996.7 million. Endava also updated its Q4 2026 guidance to 0.120-0.180 EPS.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. decreased their price objective on Endava from $10.00 to $9.00 and set a “neutral” rating on the stock in a report on Friday, February 20th. Weiss Ratings restated a “sell (d)” rating on shares of Endava in a research report on Tuesday, April 7th. Guggenheim reduced their price objective on shares of Endava from $15.00 to $13.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Needham & Company LLC reduced their price objective on shares of Endava from $9.00 to $7.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. Finally, TD Cowen reduced their price objective on shares of Endava from $6.50 to $6.00 and set a “buy” rating for the company in a research note on Monday, April 6th. Three research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $9.50.
Check Out Our Latest Stock Analysis on Endava
Endava Price Performance
Endava (NYSE:DAVA – Get Free Report) last announced its earnings results on Thursday, May 21st. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.20). Endava had a positive return on equity of 5.16% and a negative net margin of 0.51%.The firm had revenue of $236.44 million for the quarter, compared to the consensus estimate of $242.79 million. Endava has set its Q4 2026 guidance at 0.120-0.180 EPS and its FY 2026 guidance at 0.610-0.660 EPS. On average, sell-side analysts forecast that Endava will post 0.48 EPS for the current year.
Hedge Funds Weigh In On Endava
Hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC raised its stake in Endava by 38.1% during the fourth quarter. Geode Capital Management LLC now owns 30,936 shares of the company’s stock worth $196,000 after buying an additional 8,530 shares during the last quarter. Jain Global LLC bought a new position in Endava during the third quarter worth $154,000. Brevan Howard Capital Management LP bought a new position in Endava during the third quarter worth $138,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Endava in the third quarter valued at $99,000. Finally, Vident Advisory LLC bought a new stake in Endava in the second quarter valued at $160,000. Institutional investors own 62.23% of the company’s stock.
About Endava
Endava PLC is a publicly traded technology services company specializing in digital transformation and agile software development. The firm helps enterprise clients design, build and manage custom software solutions across industries such as financial services, payments, retail, telecommunications and media. Its service offerings span end-to-end product design, customer experience, application development, quality engineering, DevOps, automation and artificial intelligence, all delivered through agile methodologies.
Founded in 2000, Endava has grown from a small software provider into a global IT partner.
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