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

Shares of Endava PLC Sponsored ADR (NYSE:DAVA) have been assigned an average recommendation of “Reduce” from the nine ratings firms that are presently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $5.36.

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

Endava Trading Up 7.6%

DAVA opened at $1.77 on Friday. The firm’s 50 day moving average is $2.84 and its 200-day moving average is $3.37. Endava has a 52-week low of $1.60 and a 52-week high of $9.88. 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 firm has a market capitalization of $99.77 million, a P/E ratio of -0.17 and a beta of 1.03.

Endava News Summary

Here are the key news stories impacting Endava this week:

• Neutral Sentiment: Multiple firms, including Kirby McInerney, Kaplan Fox, Faruqi & Faruqi, and Block & Leviton, announced or promoted the same federal securities class action against Endava. The notices cover investors who purchased or acquired Endava securities between September 4, 2025, and September 21, 2026. Securities Class Action Filed Against Endava
• Negative Sentiment: The litigation creates a legal and reputational overhang for Endava. Shareholders who believe they suffered losses have until November 30, 2026, to seek appointment as lead plaintiff. The notices allege securities-law violations, but the allegations have not been proven and the reports do not quantify potential damages. Endava Securities Fraud Lawsuit

Institutional Investors Weigh In On Endava

A number of hedge funds have recently bought and sold shares of DAVA. CDAM UK Ltd raised its holdings in Endava by 28.2% in the fourth quarter. CDAM UK Ltd now owns 2,979,658 shares of the company’s stock valued at $18,831,000 after acquiring an additional 655,078 shares in the last quarter. Barometer Capital Management Inc. grew its holdings in Endava by 32.5% during the 1st 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 in the last quarter. SmartHarvest Portfolios LLC acquired a new position in Endava during the 1st quarter worth $84,000. Alpine Global Management LLC bought a new stake in shares of Endava in the 4th quarter worth about $87,000. Finally, Savant Capital LLC bought a new stake in shares of Endava in the 4th quarter worth about $76,000. Institutional investors and hedge funds own 62.23% of the company’s stock.

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.