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Endava (DAVA) Stock Forecast & Price Target

$29.17
-0.86 (-2.86%)
(As of 05/28/2024 ET)

Endava - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 10 Analyst Ratings

Consensus Price Target

$46.41
59.10% Upside
High Forecast$83.00
Average Forecast$46.41
Low Forecast$33.00
TypeCurrent Forecast
5/29/23 to 5/28/24
1 Month Ago
4/29/23 to 4/28/24
3 Months Ago
2/28/23 to 2/28/24
1 Year Ago
5/29/22 to 5/29/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
7 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$46.41$55.56$75.63$87.75
Forecasted Upside59.10% Upside28.89% Upside14.43% Upside22.95% Upside
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DAVA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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DAVA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Endava Stock vs. The Competition

TypeEndavaComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.70
2.59
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside59.10% Upside192.00% Upside10.83% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/24/2024Guggenheim
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 Lower TargetBuy ➝ Buy$60.00 ➝ $55.00+84.07%
5/24/2024JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$43.00 ➝ $41.00+40.31%
5/24/2024TD Cowen
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 Lower TargetBuy ➝ Buy$46.00 ➝ $42.00+35.66%
5/24/2024Needham & Company LLC
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 Lower TargetBuy ➝ Buy$50.00 ➝ $42.00+35.66%
5/24/2024Redburn Atlantic
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 Initiated CoverageNeutral$33.10+6.91%
5/23/2024Wedbush
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 Lower TargetOutperform ➝ Outperform$65.00 ➝ $50.00+58.63%
5/1/2024HSBC
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 UpgradeHold ➝ Buy$45.00+55.23%
4/22/2024Morgan Stanley
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 Reiterated RatingEqual Weight ➝ Equal Weight$40.00+33.42%
4/22/2024Citigroup
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 Lower TargetNeutral ➝ Neutral$40.00 ➝ $33.00+10.33%
10/2/2023Susquehanna
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 Lower TargetPositive ➝ Positive$100.00 ➝ $83.00+44.73%
5/24/2023Deutsche Bank Aktiengesellschaft
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 Lower Target$78.00 ➝ $53.00+2.97%
2/15/2023Cowen
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 Lower TargetOutperform$95.00 ➝ $90.00+16.88%
11/16/2022Susquehanna Bancshares
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 Boost TargetPositive$110.00 ➝ $120.00+49.16%
9/12/2022KeyCorp
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 Initiated CoverageSector Weight ➝ Sector Weight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 12:22 AM ET.

DAVA Frequently Asked Questions

What is Endava's stock forecast and purchase recommendation?

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Endava is $46.41, with a high forecast of $83.00 and a low forecast of $33.00. The consensus rating for Endava stock is Moderate Buy based on the current 3 hold ratings and 7 buy ratings for DAVA. Learn more on DAVA's analyst rating history.

Do Wall Street analysts like Endava more than its competitors?

Analysts like Endava more than other "computer and technology" companies. The consensus rating score for Endava is 2.70 while the average consensus rating score for "computer and technology" companies is 2.59. Learn more on how DAVA compares to other companies.

Is Endava being upgraded by Wall Street analysts?

Over the previous 90 days, Endava's stock had 2 upgrades by analysts.

Does Endava's stock price have much upside?

According to analysts, Endava's stock has a predicted upside of 40.75% based on their 12-month stock forecasts.

What analysts cover Endava?

Endava has been rated by research analysts at Citigroup, Guggenheim, HSBC, JPMorgan Chase & Co., Morgan Stanley, Needham & Company LLC, Redburn Atlantic, TD Cowen, and Wedbush in the past 90 days.


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This page (NYSE:DAVA) was last updated on 5/28/2024 by MarketBeat.com Staff

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