Endava PLC Sponsored ADR (NYSE:DAVA) Given Consensus Rating of “Reduce” by Brokerages

Posted by Brian Himes on Aug 7th, 2026

Shares of Endava PLC Sponsored ADR (NYSE:DAVA – Get Free Report) have earned an average recommendation of “Reduce” from the eight ratings firms that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $5.50.

A number of research analysts have issued reports on DAVA shares. Guggenheim downgraded shares of Endava from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 27th. Weiss Ratings cut shares of Endava from a “sell (d)” rating to a “sell (e+)” rating in a research note on Thursday, June 11th. Morgan Stanley lowered their target price on shares of Endava from $8.00 to $4.00 and set an “equal weight” rating for the company in a report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft set a $3.00 target price on shares of Endava in a research report on Friday, July 10th. Finally, Needham & Company LLC reduced their price target on Endava from $7.00 to $5.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st.

View Our Latest Report on Endava

Hedge Funds Weigh In On Endava

Several institutional investors have recently modified their holdings of the stock. Paradice Investment Management LLC lifted its holdings in shares of Endava by 61.9% during the 4th quarter. Paradice Investment Management LLC now owns 3,029,847 shares of the company’s stock worth $19,149,000 after acquiring an additional 1,157,921 shares during the period. Prescott Group Capital Management L.L.C. raised its position in Endava by 32.1% in the fourth quarter. Prescott Group Capital Management L.L.C. now owns 1,606,324 shares of the company’s stock valued at $10,152,000 after purchasing an additional 389,970 shares during the last quarter. CDAM UK Ltd grew its holdings in Endava by 28.2% during the 4th quarter. CDAM UK Ltd now owns 2,979,658 shares of the company’s stock worth $18,831,000 after acquiring an additional 655,078 shares during the last quarter. SmartHarvest Portfolios LLC bought a new stake in shares of Endava in the first quarter worth $84,000. Finally, Alpine Global Management LLC acquired a new stake in shares of Endava in the fourth quarter valued at about $87,000. 62.23% of the stock is currently owned by institutional investors and hedge funds.

Endava Stock Performance

Shares of Endava stock opened at $2.90 on Friday. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.07 and a quick ratio of 2.07. The firm has a 50 day simple moving average of $2.87 and a 200 day simple moving average of $4.11. Endava has a fifty-two week low of $2.55 and a fifty-two week high of $14.99. The firm has a market cap of $163.29 million, a P/E ratio of -0.28 and a beta of 1.02.

Endava (NYSE:DAVA – Get Free Report) last posted its quarterly earnings data on Thursday, May 21st. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.20). The firm had revenue of $236.44 million for the quarter, compared to analyst estimates of $242.79 million. Endava had a positive return on equity of 2.48% and a negative net margin of 57.01%.Endava has set its Q4 2026 guidance at 0.120-0.180 EPS and its FY 2026 guidance at 0.610-0.660 EPS. Sell-side analysts predict that Endava will post 0.15 earnings per share for the current fiscal year.

About Endava

(Get Free Report)

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.