Endava (NYSE:DAVA) Issues Q1 2025 Earnings Guidance

Endava (NYSE:DAVA) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.260-0.280 for the period, compared to the consensus estimate of 0.360. The company issued revenue guidance of $244.8 million-$246.0 million, compared to the consensus revenue estimate of $263.6 million. Endava also updated its FY 2025 guidance to 1.410-1.480 EPS.

Endava Trading Down 4.4 %

Shares of NYSE:DAVA opened at $27.63 on Friday. The firm has a 50 day moving average of $30.67 and a 200-day moving average of $31.07. Endava has a 12 month low of $24.51 and a 12 month high of $81.06. The stock has a market capitalization of $1.60 billion, a PE ratio of 30.70 and a beta of 1.22.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on DAVA shares. Wedbush lowered their price target on Endava from $65.00 to $50.00 and set an outperform rating for the company in a report on Thursday, May 23rd. JPMorgan Chase & Co. increased their target price on shares of Endava from $41.00 to $47.00 and gave the stock an overweight rating in a report on Friday, September 6th. TD Cowen reduced their price target on shares of Endava from $46.00 to $42.00 and set a buy rating on the stock in a research note on Friday, May 24th. Redburn Atlantic started coverage on shares of Endava in a research report on Friday, May 24th. They set a neutral rating and a $33.10 price objective for the company. Finally, Guggenheim dropped their price objective on shares of Endava from $55.00 to $45.00 and set a buy rating for the company in a research note on Monday. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and an average target price of $45.11.

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.