Endava (DAVA) Stock Price, News & Analysis

Company Overview

Endava is a publicly traded technology services company specializing in digital transformation and agile software engineering. The firm partners with clients across financial services, payments, insurance, healthcare, retail, and technology sectors to design, build, and maintain digital products that enhance user experience and operational efficiency. Endava’s offerings span the full software development lifecycle, including strategy consulting, product design, quality assurance, data analytics, and continuous delivery.

The company’s core services include custom software development, cloud migration and engineering, DevOps automation, and intelligent automation through robotic process automation (RPA) and artificial intelligence (AI) solutions. Endava also provides digital product design, user experience (UX) consulting, and managed services to support ongoing maintenance and iteration of mission-critical systems. By leveraging modern agile methodologies, Endava aims to accelerate time to market and foster close collaboration between client teams and dedicated engineering squads.

Endava was founded in 2000 in London with delivery centers in Eastern Europe and has since expanded its global footprint. The company operates delivery hubs in Romania, Serbia, Bulgaria, North Macedonia, and Latin America, alongside client-facing offices in North America, the United Kingdom, Germany, and other key markets. This nearshore delivery model enables Endava to offer cost-effective, scalable solutions while maintaining cultural affinity and seamless communication with clients.

Since its initial public offering on the London AIM market in 2018 and subsequent New York Stock Exchange listing under the ticker DAVA in 2020, Endava has grown under the leadership of Chief Executive Officer John Cotterell. The executive team combines deep experience in management consulting and digital engineering, positioning the company to address evolving technology needs and guide organizations through complex digital journeys.

Key Stats

• Today's Range: $15.18 to $15.89
• 50-Day Range: $13.78 to $21.47
• 52-Week Range: $13.39 to $34.94
• Volume: 684,994 shs
• Average Volume: 563,036 shs
• Market Capitalization: $914.37 million
• P/E Ratio: 40.76
• Dividend Yield: N/A
• Price Target: $26.63
• Consensus Rating: Hold

Endava Stock Analysis - MarketRank™

Endava scored higher than 80% of companies evaluated by MarketBeat, and ranked 142nd out of 663 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.2 / 5
• Analyst Rating: Hold

Consensus Rating

Endava has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Endava has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 31.58%

Earnings Growth

Earnings for Endava are expected to grow by 31.58% in the coming year, from $0.57 to $0.75 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Endava is 40.76, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.61.

Price to Earnings Ratio vs. Sector

The P/E ratio of Endava is 40.76, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 37.10.

Price to Earnings Growth Ratio

Endava has a PEG Ratio of 1.45. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Endava has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.80% of the float of Endava has been sold short.

Short Interest Ratio / Days to Cover

Endava has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Endava has recently increased by 22.15%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Endava does not currently pay a dividend.

Dividend Growth

Endava does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.80% of the float of Endava has been sold short.

Short Interest Ratio / Days to Cover

Endava has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Endava has recently increased by 22.15%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.57

News Sentiment

Endava has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Endava this week, compared to 9 articles on an average week.

Search Interest

Only 5 people have searched for DAVA on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

2 people have added Endava to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Endava insiders have not sold or bought any company stock.

Percentage Held by Insiders

18.77% of the stock of Endava is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

62.23% of the stock of Endava is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DAVA Stock Analysis - Frequently Asked Questions

How have DAVA shares performed this year?

Endava's stock was trading at $30.90 at the beginning of the year. Since then, DAVA stock has decreased by 49.9% and is now trading at $15.49.

How were Endava's earnings last quarter?

Endava PLC Sponsored ADR (NYSE:DAVA) posted its quarterly earnings results on Thursday, February, 20th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.32 by $0.18. The company earned $250.63 million during the quarter, compared to analyst estimates of $197.33 million. Endava had a net margin of 2.33% and a trailing twelve-month return on equity of 3.59%.
Read the conference call transcript.

Does Endava have any subsidiaries?

The following companies are subsidiaries of Endava: Levvel, Pet Minuta d.o.o. (Five), Comtrade Digital Services, Exozet GmbH, Intuitus Limited, Velocity Partners, ISDC, and more.

When did Endava IPO?

Endava (DAVA) raised $101 million in an IPO on Friday, July 27th 2018. The company issued 5,600,000 shares at $17.00-$19.00 per share. Morgan Stanley, Citigroup, Credit Suisse and Deutsche Bank Securities served as the underwriters for the IPO and Cowen and William Blair were co-managers.

How do I buy shares of Endava?

Shares of DAVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Endava own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Endava investors own include NVIDIA (NVDA), CrowdStrike (CRWD), MongoDB (MDB), Datadog (DDOG), Cloudflare (NET), Splunk (SPLK) and SiTime (SITM).

Company Calendar

• Last Earnings: 2/20/2025
• Today: 7/04/2025
• Next Earnings (Estimated): 9/18/2025
• Fiscal Year End: 6/30/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: IT Services
• Sub-Industry: Computer Software
• Current Symbol: NYSE:DAVA
• CIK: 1656081
• Web: www.endava.com
• Phone: 442073671000
• Fax: N/A
• Employees: 12,085
• Year Founded: 2000

Price Target and Rating

• Average Stock Price Target: $26.63
• High Stock Price Target: $42.00
• Low Stock Price Target: $17.00
• Potential Upside/Downside: +71.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.38
• Trailing P/E Ratio: 40.76
• Forward P/E Ratio: 27.18
• P/E Growth: 1.45
• Net Income: $21.56 million
• Net Margins: 2.33%
• Pretax Margin: 2.27%
• Return on Equity: 3.59%
• Return on Assets: 2.35%

Debt

• Debt-to-Equity Ratio: 0.21
• Current Ratio: 2.18
• Quick Ratio: 2.18

Sales & Book Value

• Annual Sales: $932.88 million
• Price / Sales: 0.98
• Cash Flow: $1.20 per share
• Price / Cash Flow: 12.96
• Book Value: $13.64 per share
• Price / Book: 1.14

Miscellaneous

• Outstanding Shares: 59,030,000
• Free Float: 47,951,000
• Market Cap: $914.37 million
• Optionable: Optionable
• Beta: 1.14