Endava (NYSE:DAVA) Issues Q4 2026 Earnings Guidance

Endava (NYSE:DAVA) issued an update on its fourth quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.120-0.180 for the period, compared to the consensus EPS 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.

Analyst Ratings Changes

A number of analysts recently commented on the company. Wall Street Zen raised Endava from a “sell” rating to a “hold” rating in a research note on Sunday, February 8th. JPMorgan Chase & Co. decreased their price objective on Endava from $10.00 to $9.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Endava in a research note on Tuesday, April 7th. TD Cowen decreased their price objective on Endava from $6.50 to $6.00 and set a “buy” rating on the stock in a research note on Monday, April 6th. Finally, Guggenheim decreased their price objective on Endava from $15.00 to $13.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Three equities 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. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $9.50.

Endava Stock Up 1.9%

Shares of NYSE:DAVA opened at $4.03 on Thursday. The stock’s 50-day moving average price is $4.40 and its two-hundred day moving average price is $5.68. The company has a current ratio of 2.39, a quick ratio of 2.39 and a debt-to-equity ratio of 0.36. Endava has a 12-month low of $3.61 and a 12-month high of $17.36. The firm has a market cap of $226.30 million, a price-to-earnings ratio of -36.60 and a beta of 1.11.

Endava (NYSE:DAVA) last issued its quarterly earnings results on Thursday, May 21st. The company reported $0.07 earnings per share (EPS) 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 business had revenue of $236.44 million during 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. On average, research analysts forecast that Endava will post 0.48 EPS for the current year.

Hedge Funds Weigh In On Endava

A number of large investors have recently modified their holdings of DAVA. Jane Street Group LLC raised its holdings in shares of Endava by 16.1% in the 1st quarter. Jane Street Group LLC now owns 10,682 shares of the company’s stock worth $208,000 after purchasing an additional 1,482 shares during the period. Geode Capital Management LLC purchased a new position in shares of Endava in the 2nd quarter worth about $205,000. Invesco Ltd. raised its holdings in shares of Endava by 6.4% in the 2nd quarter. Invesco Ltd. now owns 3,661,123 shares of the company’s stock worth $56,088,000 after purchasing an additional 220,465 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Endava by 733.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,909 shares of the company’s stock worth $29,000 after purchasing an additional 1,680 shares during the period. Finally, Daiwa Securities Group Inc. raised its holdings in shares of Endava by 14.7% in the 2nd quarter. Daiwa Securities Group Inc. now owns 105,048 shares of the company’s stock worth $1,609,000 after purchasing an additional 13,490 shares during the period. 62.23% of the stock is currently owned by hedge funds and other institutional investors.

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.