Endava (NYSE:DAVA) Updates Q4 2026 Earnings Guidance

Endava (NYSE:DAVA) updated its fourth quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.120-0.180 for the period, compared to the consensus earnings per share estimate of 0.300. The company issued revenue guidance of $244.0 million-$249.4 million, compared to the consensus revenue estimate of $259.8 million. Endava also updated its FY 2026 guidance to 0.610-0.660 EPS.

Analysts Set New Price Targets

A number of research firms recently commented on DAVA. JPMorgan Chase & Co. reduced their target price on 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 reduced their target price on Endava from $6.50 to $6.00 and set a “buy” rating on the stock in a research note on Monday, April 6th. Guggenheim reduced their target price on Endava from $15.00 to $13.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Wall Street Zen raised Endava from a “sell” rating to a “hold” rating in a research note on Sunday, February 8th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Endava in a research note on Tuesday, April 7th. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $8.57.

Endava Stock Performance

Endava stock opened at $3.35 on Friday. The company has a current ratio of 2.39, a quick ratio of 2.39 and a debt-to-equity ratio of 0.36. The firm has a 50-day moving average of $4.37 and a 200-day moving average of $5.64. The firm has a market cap of $188.02 million, a P/E ratio of -30.41 and a beta of 1.11. Endava has a 1-year low of $3.20 and a 1-year high of $17.36.

Hedge Funds Weigh In On Endava

Institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC raised its stake in Endava by 733.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,909 shares of the company’s stock worth $29,000 after buying an additional 1,680 shares in the last quarter. Advisory Services Network LLC bought a new position in Endava in the third quarter worth about $28,000. Quadrant Capital Group LLC raised its stake in Endava by 901.8% in the fourth quarter. Quadrant Capital Group LLC now owns 6,101 shares of the company’s stock worth $39,000 after buying an additional 5,492 shares in the last quarter. Vident Advisory LLC bought a new position in Endava in the second quarter worth about $160,000. Finally, Jane Street Group LLC raised its stake in Endava by 16.1% in the first quarter. Jane Street Group LLC now owns 10,682 shares of the company’s stock worth $208,000 after buying an additional 1,482 shares in the last quarter. 62.23% of the stock is 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.