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.

Endava Trading Down 3.8 %

Shares of NYSE DAVA opened at $26.62 on Friday. The business has a 50-day moving average of $30.58 and a 200-day moving average of $30.95. The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of 29.58 and a beta of 1.22. Endava has a 12 month low of $24.51 and a 12 month high of $81.06.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised 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. Susquehanna cut their target price on Endava from $66.00 to $55.00 and set a positive rating for the company in a research note on Friday. 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. Finally, Guggenheim lowered their price objective on shares of Endava from $55.00 to $45.00 and set a buy rating for the company in a report on Monday, September 16th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of Moderate Buy and an average target price of $42.31.

About Endava

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.