DAVA

Endava PLC

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Advanced Chart

12.800

+0.31(2.482%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

13.400

Open

13.000

VWAP

13.15

Vol

133.90K

Mkt Cap

701.52M

Low

12.800

Amount

1.76M

EV/EBITDA(TTM)

8.34

Total Shares

57.75M

852.93M

EV/OCF(TTM)

13.91

P/S(TTM)

0.73

Endava plc is a technology service provider. The Company provides a combination of engineering, industry expertise and a customer-centric mindset, to consult and partner with its customers to create technological solutions that transform businesses into the artificial intelligence (AI)-driven digital shift. The Company provides solutions to its customers from ideation to production at every stage of their digital transformation, regardless of industry, region or scale. It uses its proprietary enterprise agile delivery framework, known as The Endava Adaptive Model, or TEAM, with its three component structure comprising an Engagement Model to guide the interaction with its clients; an Interaction Model, called TEAM Enterprise Agile Scaling, or TEAS, which defines how it implements agile delivery at all levels of scaling, and Engineering Practices that guide its people to deliver effective and technical solutions for its clients.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2026Q1

FY2026Q2

186.48M

-4.08%

0.234

+6.5%

188.72M

-3.24%

0.307

+22.89%

190.95M

-2.37%

0.305

+1.72%

Estimates Revision

The market is revising Downward the revenue expectations for Endava plc (DAVA) for FY2025, with the revenue forecasts being adjusted by -2.44% over the past three months. During the same period, the stock price has changed by -40.47%.

Revenue Estimates for FY2025

Revise Downward

-2.44%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-6.24%

In Past 3 Month

Stock Price

Go Down

-40.47%

In Past 3 Month

9 Analyst Rating

67.03% Upside

Wall Street analysts forecast DAVA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DAVA is 21.38 USD with a low forecast of 14.00 USD and a high forecast of 42.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

4 Buy

5 Hold

0 Sell

Moderate Buy

67.03% Upside

Current: 12.800

Low

14.00

Averages

21.38

High

42.00

67.03% Upside

Current: 12.800

Low

14.00

Averages

21.38

High

42.00

Deutsche Bank

Hold

maintain

$14

2025-07-17

Reason

Deutsche Bank

Price Target

$14

2025-07-17

maintain

Hold

Reason

Deutsche Bank resumed coverage of Endava with a Hold rating and $14 price target. The firm resumed coverage on 25 stocks in the payments, processors, and IT services industry with nine Buys, 14 Holds, and two restricted ratings. Both industries have materially underperformed the S&P 500 Index year-to-date as investor expectations increased around the November election, leading to an end of year run-up \"that has since proven overly-optimistic,\" the analyst tells investors in a research note. The firm says that with trade uncertainty and consumer spending concerns, the outlook for the group \"is as cloudy as it has been in the last five years.\" In this uncertain environment, Deutsche favors \"high-quality compounders\" with consistent sales growth, margin expansion, and free cash flow generation.

Needham

Buy

maintain

$18 -> $20

2025-06-10

Reason

Needham

Price Target

$18 -> $20

2025-06-10

maintain

Buy

Reason

Needham raised the firm's price target on Endava to $20 from $18 and keeps a Buy rating on the shares after the firm's meeting with its management team to discuss the demand environment following Endava's recent results. The management noted that the pace of pipeline conversion remains sluggish as clients delay new IT investments due to the uncertain economic climate, the analyst tells investors in a research note. Needham adds however that while the near-term spending environment remains cloudy, it also sees estimates as likely de-risked, with any stability/improvement in the demand climate potentially serving as a catalyst for upward estimate revisions.

Susquehanna

Positive

downgrade

$50 -> $42

2025-05-20

Reason

Susquehanna

Price Target

$50 -> $42

2025-05-20

downgrade

Positive

Reason

Susquehanna lowered the firm's price target on Endava to $42 from $50 and keeps a Positive rating on the shares. The firm said the company is being hit by delays in decision making that impacted both FQ3 and FQ4 guidance. While the pipeline of opportunities appears to be expanding, the CEO shared a very detailed description of deal slippage but Susquehanna remains positive on the shares now that the guidance is more measured.

JPMorgan

Overweight -> Neutral

downgrade

$18

2025-05-19

Reason

JPMorgan

Price Target

$18

2025-05-19

downgrade

Overweight -> Neutral

Reason

JPMorgan downgraded Endava to Neutral from Overweight with an unchanged price target of $18. The firm cites the company's "disappointing" results and guidance cut last week for the downgrade. Endava has been experiencing growth headwinds at Payments clients for about two years, which, combined with its frequent guidance cuts, has pushed the stock to its all time low multiple, the analyst tells investors in a research note. JPMorgan does not expect further valuation deterioration from here, but sees a lack of near term catalysts for the shares.

Morgan Stanley

Equal Weight

downgrade

$33 -> $17

2025-05-15

Reason

Morgan Stanley

Price Target

$33 -> $17

2025-05-15

downgrade

Equal Weight

Reason

Morgan Stanley lowered the firm's price target on Endava to $17 from $33 and keeps an Equal Weight rating on the shares. Pre-earnings report, the firm expected that management's original growth targets were likely "overly ambitious," but even the firm's wariness and expectations of a 50 basis point cut for the FY25 outlook "proved too optimistic" as management dropped its growth target by 250 basis points at the midpoint, the analyst tells investors. The firm thinks a stable environment may create opportunities, but it will take time for Endava to "sharpen its large deal muscle," the analyst added.

Guggenheim

Buy

downgrade

$28 -> $25

2025-05-15

Reason

Guggenheim

Price Target

$28 -> $25

2025-05-15

downgrade

Buy

Reason

Guggenheim lowered the firm's price target on Endava to $25 from $28 and keeps a Buy rating on the shares. While "mindful" of extended decision cycles as well as associated deal ramp timelines that may keep Endava in its admitted "air pocket" in its pursuit of larger core modernization deals, the risk/reward at current levels continues to skew positive, the analyst tells investors in a post-earnings note.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Endava PLC (DAVA.N) is 8.76, compared to its 5-year average forward P/E of 33.37. For a more detailed relative valuation and DCF analysis to assess Endava PLC 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Undervalued

5Y Average PE

33.37

Current PE

8.76

Overvalued PE

47.89

Undervalued PE

18.85

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Undervalued

5Y Average EV/EBITDA

20.49

Current EV/EBITDA

5.09

Overvalued EV/EBITDA

29.56

Undervalued EV/EBITDA

11.41

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Undervalued

5Y Average PS

4.48

Current PS

0.71

Overvalued PS

7.00

Undervalued PS

1.96