Endava (NYSE:DAVA) Updates FY 2025 Earnings Guidance

Endava (NYSE:DAVA) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.410-1.480 for the period, compared to the consensus EPS estimate of 1.620. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $1.1 billion. Endava also updated its Q1 2025 guidance to 0.260-0.280 EPS.

Wall Street Analyst Weigh In

DAVA has been the subject of a number of recent analyst reports. Guggenheim decreased their target price on Endava from $55.00 to $45.00 and set a buy rating for the company in a report on Monday, September 16th. JPMorgan Chase & Co. upped their price objective on shares of Endava from $41.00 to $47.00 and gave the stock an overweight rating in a report on Friday, September 6th. Susquehanna dropped their target price on shares of Endava from $66.00 to $55.00 and set a positive rating for the company in a research report on Friday. Finally, Needham & Company LLC reduced their price target on shares of Endava from $42.00 to $33.00 and set a buy rating on the stock in a research report on Friday. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Endava has a consensus rating of Moderate Buy and an average target price of $42.31.

Endava Price Performance

NYSE:DAVA opened at $26.62 on Friday. The firm’s 50-day moving average price is $30.58 and its 200-day moving average price is $30.95. The company has a market capitalization of $1.54 billion, a PE ratio of 29.58 and a beta of 1.22. Endava has a 1-year low of $24.51 and a 1-year high of $81.06.

Endava Company Profile

Endava plc provides technology services for clients in the consumer products, healthcare, mobility, and retail verticals in North America, Europe, the United Kingdom, and internationally. It offers ideation and production services in the payments and financial services, telecommunications, media, and technology verticals; and business analysis, data analytics, program management, digital product strategy, private equity value enhancement, IT strategy, architecture, extended reality, machine learning and artificial intelligence, product design, and user experience and visual design services.