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.

Endava Trading Down 1.6 %

Shares of NYSE:DAVA opened at $28.94 on Thursday. The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of 32.16 and a beta of 1.22. Endava has a 12-month low of $24.51 and a 12-month high of $81.06. The business has a 50-day moving average price of $30.71 and a 200 day moving average price of $31.09.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on DAVA. Needham & Company LLC reduced their price target on shares of Endava from $50.00 to $42.00 and set a buy rating on the stock in a research note on Friday, May 24th. Redburn Atlantic started coverage on Endava in a research report on Friday, May 24th. They issued a neutral rating and a $33.10 target price on the stock. JPMorgan Chase & Co. raised their price target on Endava from $41.00 to $47.00 and gave the stock an overweight rating in a research report on Friday, September 6th. TD Cowen cut their price objective on Endava from $46.00 to $42.00 and set a buy rating on the stock in a report on Friday, May 24th. Finally, Guggenheim decreased their target price on Endava from $55.00 to $45.00 and set a buy rating on the stock in a research note on Monday. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of Moderate Buy and an average price target of $46.01.

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.