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.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Needham & Company LLC reduced their target price on Endava from $9.00 to $7.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. Wall Street Zen raised Endava from a “sell” rating to a “hold” rating in a research note on Sunday, February 8th. TD Cowen reduced their target price on Endava from $6.50 to $6.00 and set a “buy” rating for the company in a research note on Monday, April 6th. JPMorgan Chase & Co. reduced their target price on Endava from $10.00 to $9.00 and set a “neutral” rating for the company in a research note on Friday, February 20th. Finally, Guggenheim reduced their target price on Endava from $15.00 to $13.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Three analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Endava presently has a consensus rating of “Hold” and an average target price of $9.50.

Endava Price Performance

DAVA stock opened at $4.03 on Thursday. Endava has a 1 year low of $3.61 and a 1 year high of $17.36. The business’s 50-day moving average is $4.40 and its two-hundred day moving average is $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. The firm has a market capitalization of $226.30 million, a P/E ratio of -36.60 and a beta of 1.11.

Endava (NYSE:DAVA) last posted 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). Endava had a positive return on equity of 5.16% and a negative net margin of 0.51%.The company had revenue of $236.44 million for the quarter, compared to analyst estimates 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. Analysts anticipate that Endava will post 0.48 earnings per share for the current fiscal year.

Institutional Trading of Endava

A number of hedge funds have recently added to or reduced their stakes in the stock. T. Rowe Price Investment Management Inc. acquired a new stake in shares of Endava in the 4th quarter valued at approximately $24,563,000. Vident Advisory LLC acquired a new stake in shares of Endava in the 4th quarter valued at approximately $68,000. State of Tennessee Department of Treasury lifted its holdings in shares of Endava by 102.5% in the 4th quarter. State of Tennessee Department of Treasury now owns 73,091 shares of the company’s stock valued at $462,000 after buying an additional 36,992 shares during the period. Quadrature Capital Ltd lifted its holdings in shares of Endava by 56.6% in the 4th quarter. Quadrature Capital Ltd now owns 87,177 shares of the company’s stock valued at $551,000 after buying an additional 31,491 shares during the period. Finally, Millennium Management LLC lifted its holdings in shares of Endava by 4.8% in the 4th quarter. Millennium Management LLC now owns 95,634 shares of the company’s stock valued at $604,000 after buying an additional 4,342 shares during the period. 62.23% of the stock is owned by institutional investors and hedge funds.

Endava Company Profile

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.