Endava (NYSE:DAVA) Updates FY 2025 Earnings Guidance

Endava (NYSE:DAVA) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 1.410-1.480 for the period, compared to the consensus earnings per share 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 Analysts Forecast Growth

Several brokerages recently commented on DAVA. Guggenheim decreased their target price on shares of Endava from $55.00 to $45.00 and set a buy rating on the stock in a research note on Monday, September 16th. JPMorgan Chase & Co. boosted their price objective on shares of Endava from $41.00 to $47.00 and gave the company an overweight rating in a research report on Friday, September 6th. Needham & Company LLC reduced their price objective on shares of Endava from $42.00 to $33.00 and set a buy rating on the stock in a research report on Friday. Redburn Atlantic assumed coverage on shares of Endava in a research report on Friday, May 24th. They set a neutral rating and a $33.10 price objective on the stock. Finally, Susquehanna dropped their target price on shares of Endava from $66.00 to $55.00 and set a positive rating on the stock in a report on Friday. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and a consensus target price of $42.31.

Endava Price Performance

Shares of Endava stock opened at $26.66 on Friday. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 29.62 and a beta of 1.22. The firm’s 50-day moving average is $30.58 and its 200 day moving average is $30.99. 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.