Endava (DAVA) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Endava is scheduled to report Q3 2026 results before the market opens on Wednesday, May 13 at 8:00 AM ET; analysts expect EPS of $0.27 and revenue of $242.79 million.
• Shares trade near $4.16 with a market capitalization of $234 million and a 12‑month range of $3.98–$21.81, while a negative P/E (-37.85) underscores recent weakness.
• Analyst coverage is mixed with a consensus rating of "Hold" and an average price target of $14.14 after multiple recent price‑target cuts and varied Buy/Hold/Sell opinions.

Endava (NYSE:DAVA - Get Free Report) is projected to announce its Q3 2026 results before the market opens on Wednesday, May 13th. Analysts expect the company to announce earnings of $0.27 per share and revenue of $242.7880 million for the quarter. Investors can check the company's upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Wednesday, May 13, 2026 at 8:00 AM ET.

Endava Stock Performance

Shares of DAVA opened at $4.16 on Wednesday. The firm's 50 day moving average is $4.63 and its 200-day moving average is $6.07. The stock has a market capitalization of $234.06 million, a P/E ratio of -37.85 and a beta of 1.11. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.39 and a quick ratio of 2.39. Endava has a 12-month low of $3.98 and a 12-month high of $21.81.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on DAVA shares. JPMorgan Chase & Co. lowered their price objective on shares of Endava from $10.00 to $9.00 and set a "neutral" rating on the stock in a research note on Friday, February 20th. TD Cowen lowered their price objective on shares of Endava from $6.50 to $6.00 and set a "buy" rating on the stock in a research note on Monday, April 6th. Wall Street Zen raised shares of Endava from a "sell" rating to a "hold" rating in a research note on Sunday, February 8th. Guggenheim lowered their price objective on shares of Endava from $15.00 to $13.00 and set a "buy" rating on the stock in a research note on Friday, February 13th. Finally, Needham & Company LLC lowered their price objective on shares of Endava from $9.00 to $7.00 and set a "buy" rating on the stock in a research note on Thursday, February 19th. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $14.14.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in DAVA. Benjamin Edwards Inc. acquired a new stake in shares of Endava during the second quarter worth approximately $198,000. Geode Capital Management LLC boosted its holdings in shares of Endava by 38.1% during the fourth quarter. Geode Capital Management LLC now owns 30,936 shares of the company's stock worth $196,000 after purchasing an additional 8,530 shares during the period. CenterBook Partners LP acquired a new stake in shares of Endava during the fourth quarter worth approximately $175,000. Vident Advisory LLC acquired a new stake in shares of Endava during the second quarter worth approximately $160,000. Finally, Jain Global LLC acquired a new stake in shares of Endava during the third quarter worth approximately $154,000. 62.23% of the stock is owned by hedge funds and other institutional investors.

About Endava

Endava PLC is a publicly traded technology services company specializing in digital transformation and agile software development. The firm helps enterprise clients design, build and manage custom software solutions across industries such as financial services, payments, retail, telecommunications and media. Its service offerings span end-to-end product design, customer experience, application development, quality engineering, DevOps, automation and artificial intelligence, all delivered through agile methodologies.

Founded in 2000, Endava has grown from a small software provider into a global IT partner.

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