Endava (NYSE:DAVA) Releases Q4 2026 Earnings Guidance

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

Several analysts have recently weighed in on the stock. Needham & Company LLC decreased their target price on shares of Endava from $9.00 to $7.00 and set a “buy” rating on the stock in a research report on Thursday, February 19th. Weiss Ratings reiterated a “sell (d)” rating on shares of Endava in a research report on Tuesday, April 7th. TD Cowen reduced their target price on shares of Endava from $6.50 to $6.00 and set a “buy” rating on the stock in a report on Monday, April 6th. JPMorgan Chase & Co. cut their target price on shares of Endava from $10.00 to $9.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. Finally, Guggenheim cut their target price on shares of 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 issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $9.50.

Endava Stock Up 1.9%

Shares of Endava stock opened at $4.03 on Thursday. The company has a market cap of $226.30 million, a P/E ratio of -36.60 and a beta of 1.11. The company’s fifty day simple moving average is $4.40 and its two-hundred day simple moving average is $5.68. Endava has a 12-month low of $3.61 and a 12-month high of $17.36. 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 (NYSE:DAVA) last released its earnings results on Thursday, May 21st. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.20). The firm had revenue of $236.44 million during the quarter, compared to analysts’ expectations of $242.79 million. Endava had a positive return on equity of 5.16% and a negative net margin of 0.51%.Endava has set its Q4 2026 guidance at 0.120-0.180 EPS and its FY 2026 guidance at 0.610-0.660 EPS. Research analysts anticipate that Endava will post 0.48 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DAVA. Geode Capital Management LLC boosted its position in Endava by 38.1% during the fourth quarter. Geode Capital Management LLC now owns 30,936 shares of the company’s stock valued at $196,000 after purchasing an additional 8,530 shares in the last quarter. Jain Global LLC purchased a new position in Endava during the third quarter valued at approximately $154,000. Brevan Howard Capital Management LP purchased a new position in Endava during the third quarter valued at approximately $138,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in Endava during the third quarter valued at approximately $99,000. Finally, Vident Advisory LLC purchased a new position in Endava during the second quarter valued at approximately $160,000. 62.23% of the stock is currently 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.