Endava (NYSE:DAVA) Issues 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 Analysts Forecast Growth

A number of equities analysts have recently commented 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. Needham & Company LLC dropped their target price on shares of Endava from $42.00 to $33.00 and set a buy rating for the company in a research report on Friday. Guggenheim dropped their target price on shares of Endava from $55.00 to $45.00 and set a buy rating for the company in a research report on Monday, September 16th. 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, Redburn Atlantic began coverage on shares of Endava in a research report on Friday, May 24th. They set a neutral rating and a $33.10 target price for the company. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of Moderate Buy and an average price target of $42.31.

Endava Stock Performance

DAVA stock opened at $26.66 on Friday. The company has a market capitalization of $1.54 billion, a PE ratio of 29.62 and a beta of 1.22. Endava has a one year low of $24.51 and a one year high of $81.06. The company’s 50 day moving average price is $30.58 and its two-hundred day moving average price is $30.99.

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.