Endava PLC Sponsored ADR (NYSE:DAVA) Stock Has Average Target Price of $5.36

Shares of Endava PLC Sponsored ADR (NYSE:DAVA) have earned a consensus rating of “Reduce” from the nine brokerages that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has given a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $5.36.

A number of analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Endava from $3.00 to $2.00 and set a “hold” rating on the stock in a report on Tuesday, September 22nd. TD Cowen restated a “hold” rating and issued a $3.50 target price on shares of Endava in a report on Tuesday, September 22nd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Endava in a research report on Tuesday, September 8th. Zacks Research upgraded shares of Endava from a “strong sell” rating to a “hold” rating in a research note on Monday, July 20th. Finally, William Blair cut shares of Endava from a “market perform” rating to an “underperform” rating in a research report on Tuesday, September 22nd.

Institutional Trading of Endava

Several institutional investors and hedge funds have recently bought and sold shares of the business. CDAM UK Ltd lifted its stake in shares of Endava by 28.2% in 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 period. Barometer Capital Management Inc. increased its stake in shares of Endava by 32.5% during the first quarter. Barometer Capital Management Inc. now owns 106,300 shares of the company’s stock worth $470,000 after acquiring an additional 26,080 shares during the period. SmartHarvest Portfolios LLC acquired a new position in shares of Endava during the first quarter worth about $84,000. Alpine Global Management LLC purchased a new position in Endava during the fourth quarter worth about $87,000. Finally, Savant Capital LLC purchased a new position in Endava during the fourth quarter worth about $76,000. Hedge funds and other institutional investors own 62.23% of the company’s stock.

Endava Price Performance

DAVA stock opened at $1.92 on Friday. The business has a 50 day moving average price of $2.81 and a 200 day moving average price of $3.34. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 1.13. The stock has a market cap of $107.64 million, a price-to-earnings ratio of -0.18 and a beta of 1.14. Endava has a fifty-two week low of $1.60 and a fifty-two week high of $9.88.

Key Headlines Impacting Endava

Here are the key news stories impacting Endava this week:

• Neutral Sentiment: Several firms are soliciting investors who purchased Endava securities between September 4, 2025, and September 21, 2026, to seek appointment as lead plaintiff by November 30, 2026. These announcements largely repeat the same lawsuit information rather than represent separate legal actions. Kaplan Fox class action announcement
• Negative Sentiment: The complaint alleges violations of federal securities laws involving Endava’s disclosures and internal controls. One notice says the company described controls as effective while certain customer and supplier agreements allegedly required additional accounting review. The allegations have not been proven in court. Endava shareholder alert
• Negative Sentiment: Endava CEO John Cotterell and CFO Mark Thurston are named in alleged “control person” claims, increasing potential legal and reputational risk for the company and its senior management. Endava executive liability allegations

Endava Company Profile

Endava plc is a technology services company that helps organizations design, build and operate digital products and technology platforms. Its services include software engineering, cloud modernization, data and analytics, artificial intelligence, customer experience, cybersecurity and technology consulting.

The company works with clients across industries such as payments, banking, insurance, telecommunications, media, retail, mobility, healthcare and technology. Endava supports projects ranging from digital transformation and application development to platform modernization and ongoing technology operations.

Founded in 2000 and headquartered in London, Endava serves clients across Europe, North America, Latin America and the Asia-Pacific region.