Endava (NYSE:DAVA) Issues FY 2026 Earnings Guidance

Endava (NYSE:DAVA) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.610-0.660 for the period, compared to the consensus EPS 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 research analysts have weighed in on the stock. Wall Street Zen upgraded shares of Endava from a “sell” rating to a “hold” rating in a research note on Sunday, February 8th. JPMorgan Chase & Co. lowered their target price on shares of Endava from $10.00 to $9.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. TD Cowen decreased their price target on shares of Endava from $6.50 to $6.00 and set a “buy” rating on the stock in a report on Monday, April 6th. Needham & Company LLC decreased their price target on shares of Endava from $9.00 to $7.00 and set a “buy” rating on the stock in a report on Thursday, February 19th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Endava in a report on Tuesday, April 7th. Three analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Endava presently has an average rating of “Hold” and an average price target of $9.50.

Endava Trading Up 1.9%

Shares of NYSE DAVA opened at $4.03 on Thursday. Endava has a 1 year low of $3.61 and a 1 year high of $17.36. The stock has a market cap of $226.30 million, a P/E ratio of -36.60 and a beta of 1.11. The firm has a 50-day moving average of $4.40 and a 200 day moving average of $5.68. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.39 and a quick ratio of 2.39.

Endava (NYSE:DAVA) last released its quarterly earnings data 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). The firm had revenue of $236.44 million for the quarter, compared to the consensus estimate of $242.79 million. Endava had a negative net margin of 0.51% and a positive return on equity of 5.16%. Endava has set its Q4 2026 guidance at 0.120-0.180 EPS and its FY 2026 guidance at 0.610-0.660 EPS. As a group, sell-side analysts expect that Endava will post 0.48 EPS for the current fiscal year.

Institutional Trading of Endava

A number of large investors have recently made changes to their positions in DAVA. Jane Street Group LLC lifted its holdings in Endava by 16.1% during the first quarter. Jane Street Group LLC now owns 10,682 shares of the company’s stock valued at $208,000 after purchasing an additional 1,482 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Endava by 733.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,909 shares of the company’s stock valued at $29,000 after purchasing an additional 1,680 shares in the last quarter. Advisory Services Network LLC purchased a new position in Endava during the third quarter valued at approximately $28,000. State Street Corp lifted its holdings in Endava by 3.4% during the fourth quarter. State Street Corp now owns 98,936 shares of the company’s stock valued at $625,000 after purchasing an additional 3,218 shares in the last quarter. Finally, Millennium Management LLC lifted its holdings in Endava by 4.8% during the fourth quarter. Millennium Management LLC now owns 95,634 shares of the company’s stock valued at $604,000 after purchasing an additional 4,342 shares in the last quarter. 62.23% of the stock is currently owned by institutional investors.

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.