Endava (NYSE:DAVA) Issues FY 2025 Earnings Guidance

Endava (NYSE:DAVA) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 1.460-1.521 for the period, compared to the consensus EPS estimate of 1.460. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.0 billion. Endava also updated its Q2 2025 guidance to 0.310-0.325 EPS.

Endava Stock Performance

NYSE DAVA opened at $28.50 on Tuesday. The business’s 50 day moving average price is $26.87 and its 200-day moving average price is $28.54. Endava has a fifty-two week low of $23.28 and a fifty-two week high of $81.06. The company has a market cap of $1.65 billion, a P/E ratio of 79.17 and a beta of 1.21. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.74 and a current ratio of 1.74.

Endava (NYSE:DAVA) last announced its earnings results on Thursday, September 19th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.13). Endava had a net margin of 2.30% and a return on equity of 2.75%. The firm had revenue of $245.30 million during the quarter, compared to analysts’ expectations of $248.65 million. Sell-side analysts predict that Endava will post 0.77 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Needham & Company LLC cut their target price on Endava from $42.00 to $33.00 and set a “buy” rating on the stock in a research note on Friday, September 20th. JPMorgan Chase & Co. upped their price objective on Endava from $41.00 to $47.00 and gave the company an “overweight” rating in a research report on Friday, September 6th. Guggenheim decreased their target price on Endava from $45.00 to $40.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. Susquehanna cut their price target on shares of Endava from $66.00 to $55.00 and set a “positive” rating on the stock in a report on Friday, September 20th. Finally, Citigroup reduced their price target on shares of Endava from $30.00 to $27.00 and set a “neutral” rating on the stock in a research note on Monday, October 28th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, Endava currently has an average rating of “Moderate Buy” and an average price target of $41.21.

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.