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

by · The Markets Daily

Shares of Endava PLC Sponsored ADR (NYSE:DAVA – Get Free Report) have been given a consensus recommendation of “Reduce” by the nine research firms that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $5.36.

DAVA has been the subject of several recent research reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $5.00 price target on shares of Endava in a report on Monday, October 12th. Zacks Research raised Endava from a “strong sell” rating to a “hold” rating in a research note on Monday, July 20th. Weiss Ratings reissued a “sell (e+)” rating on shares of Endava in a research report on Tuesday, September 8th. TD Cowen reissued a “hold” rating and set a $3.50 price target on shares of Endava in a research report on Tuesday, September 22nd. Finally, William Blair lowered shares of Endava from a “market perform” rating to an “underperform” rating in a report on Tuesday, September 22nd.

View Our Latest Research Report on Endava

Endava Trading Down 2.1%

DAVA opened at $2.12 on Wednesday. The firm has a market capitalization of $119.45 million, a price-to-earnings ratio of 7.48 and a beta of 1.14. The company’s 50 day simple moving average is $2.52 and its two-hundred day simple moving average is $3.07. Endava has a 1-year low of $1.60 and a 1-year high of $9.88. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.07 and a quick ratio of 2.07.

Endava News Roundup

Here are the key news stories impacting Endava this week:

  • Neutral Sentiment: Several firms, including Kaplan Fox, Rosen Law and Faruqi & Faruqi, reminded investors that November 30, 2026 is the deadline to seek lead-plaintiff status in the filed action. The notices are largely duplicative and do not represent new operating results, but they keep the litigation issue in focus. Kaplan Fox investor notice
  • Negative Sentiment: Endava faces a securities class action covering investors who acquired shares between September 4, 2025, and September 21, 2026. The lawsuit alleges violations of federal securities laws and claims investors were harmed by disclosures concerning delayed financial statements, potential improper accounting and the CFO’s leave of absence. Endava securities class action report
  • Negative Sentiment: Robbins LLP and other firms specifically allege that Endava misled investors about its accounting treatment of certain customer and supplier agreements. Although the allegations have not been proven, continued legal solicitations increase uncertainty around the company’s financial reporting, potential liabilities and management credibility. Robbins LLP Endava investor alert

Hedge Funds Weigh In On Endava

An institutional investor recently bought a new position in Endava stock. SmartHarvest Portfolios LLC purchased a new position in shares of Endava PLC Sponsored ADR (NYSE:DAVA – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 19,059 shares of the company’s stock, valued at approximately $84,000. Institutional investors and hedge funds own 62.23% of the company’s stock.

Endava Company Profile

(Get Free Report)

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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