Endava PLC Sponsored ADR (NYSE:DAVA) Stock Has Consensus Price Target of $5.36

Key Points

• Analysts remain bearish on Endava: Nine analysts give the stock a consensus “Reduce” rating, with three sells, five holds and one buy. The average 12-month price target is $5.36, compared with a recent share price of $2.18.
• Legal and governance risks are weighing on the company: Investor law firms are pursuing proposed securities class actions alleging misleading disclosures related to delayed financial reporting, potential accounting problems and management issues, including the reported leave of Endava’s CFO. These remain allegations, not established findings.
• Institutional investors own 62.23% of Endava, while Barometer Capital increased its position by 32.5% in the first quarter. The stock remains near its 52-week low of $1.60, well below its $9.88 high.

Endava PLC Sponsored ADR (NYSE:DAVA - Get Free Report) has received an average recommendation of "Reduce" from the nine analysts that are presently covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $5.36.

Several research analysts have recently weighed in on DAVA shares. TD Cowen restated a "hold" rating and issued a $3.50 target price on shares of Endava in a research note on Tuesday, September 22nd. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Endava in a research note on Tuesday, September 8th. William Blair lowered shares of Endava from a "market perform" rating to an "underperform" rating in a report on Tuesday, September 22nd. Needham & Company LLC reiterated a "buy" rating and issued a $5.00 price objective on shares of Endava in a report on Monday, October 12th. Finally, Zacks Research raised shares of Endava from a "strong sell" rating to a "hold" rating in a research report on Monday, July 20th.

Key Headlines Impacting Endava

Here are the key news stories impacting Endava this week:

• Neutral Sentiment: Multiple law firms, including Rosen Law Firm and Pomerantz, announced or promoted securities class-action claims involving investors who purchased Endava securities between September 4, 2025, and September 21, 2026. The lead-plaintiff deadline is November 30, 2026. Rosen Law Firm investor notice Pomerantz investor alert
• Negative Sentiment: The lawsuits allege that Endava made materially misleading statements or failed to disclose adverse information about its business, operations, and prospects. The claims relate to a roughly 25% share-price collapse on September 22 after disclosures involving delayed financial reporting, potential accounting problems, and serious management issues. Endava’s CFO was also reported to be on leave. These are allegations, not established findings. Endava class-action report
• Negative Sentiment: The repeated investor-law-firm notices increase visibility around Endava’s legal and governance risks, potentially adding pressure to the stock and maintaining uncertainty until the company clarifies its financial statements, accounting practices, management situation, and litigation exposure. Faruqi investor notice

Institutional Trading of Endava

An institutional investor recently raised its position in Endava stock. Barometer Capital Management Inc. boosted its holdings in Endava PLC Sponsored ADR (NYSE:DAVA - Free Report) by 32.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 106,300 shares of the company's stock after purchasing an additional 26,080 shares during the period. Barometer Capital Management Inc. owned about 0.19% of Endava worth $470,000 at the end of the most recent reporting period. 62.23% of the stock is currently owned by hedge funds and other institutional investors.

Endava Stock Up 6.1%

Shares of NYSE:DAVA opened at $2.18 on Wednesday. The company has a market capitalization of $122.31 million, a price-to-earnings ratio of -0.21 and a beta of 1.14. The company has a 50 day moving average of $2.58 and a two-hundred day moving average of $3.11. Endava has a 52-week low of $1.60 and a 52-week high of $9.88. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 1.13.

About Endava

Endava plc is a technology services company that helps organizations design, develop and modernize digital products, platforms and business operations. Its services include digital strategy, software engineering, cloud and enterprise technology, data and artificial intelligence, customer experience, and technology consulting.

The company works with clients across industries including payments and financial services, telecommunications, media and technology, mobility, healthcare, retail and consumer products.

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