Endava (NYSE:DAVA) Issues Q2 2025 Earnings Guidance

Endava (NYSE:DAVA - Get Free Report) updated its second quarter 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.310-0.325 for the period, compared to the consensus earnings per share estimate of 0.320. The company issued revenue guidance of $253.6 million-$256.2 million, compared to the consensus revenue estimate of $255.9 million. Endava also updated its FY 2025 guidance to 1.460-1.521 EPS.

Analyst Upgrades and Downgrades

Several analysts have issued reports on DAVA shares. Susquehanna dropped their target price on Endava from $66.00 to $55.00 and set a "positive" rating on the stock in a research report on Friday, September 20th. Citigroup decreased their price objective on shares of Endava from $30.00 to $27.00 and set a "neutral" rating for the company in a research note on Monday, October 28th. Guggenheim lowered their price target on shares of Endava from $45.00 to $40.00 and set a "buy" rating on the stock in a research note on Wednesday, November 6th. JPMorgan Chase & Co. boosted their price objective on shares of Endava from $41.00 to $47.00 and gave the company an "overweight" rating in a research report on Friday, September 6th. Finally, Needham & Company LLC lowered their price objective on Endava from $42.00 to $33.00 and set a "buy" rating for the company in a research note on Friday, September 20th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $41.21.

Endava Price Performance

DAVA stock traded up $1.00 during midday trading on Tuesday, reaching $29.50. The company had a trading volume of 1,542,474 shares, compared to its average volume of 538,159. Endava has a 1-year low of $23.28 and a 1-year high of $81.06. The stock has a 50 day moving average price of $26.87 and a 200-day moving average price of $28.54. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.74 and a quick ratio of 1.74. The company has a market capitalization of $1.70 billion, a price-to-earnings ratio of 88.75 and a beta of 1.21.

Endava (NYSE:DAVA - Get Free Report) last announced its earnings results on Thursday, September 19th. The company reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of $0.09 by ($0.13). Endava had a return on equity of 2.75% and a net margin of 2.30%. The business had revenue of $245.30 million during the quarter, compared to the consensus estimate of $248.65 million. Equities research analysts expect that Endava will post 0.77 earnings per share for the current year.

About Endava

Endava plc provides technology services for clients in the consumer products, healthcare, mobility, and retail verticals in North America, Europe, the United Kingdom, and internationally. It offers ideation and production services in the payments and financial services, telecommunications, media, and technology verticals; and business analysis, data analytics, program management, digital product strategy, private equity value enhancement, IT strategy, architecture, extended reality, machine learning and artificial intelligence, product design, and user experience and visual design services.