Endava (DAVA) Projected to Post Earnings on Thursday

Endava (NYSE:DAVA) is anticipated to announce its Q2 2026 results before the market opens on Thursday, February 19th. Analysts expect Endava to post earnings of $0.21 per share and revenue of $179.8660 million for the quarter. Individuals can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, February 19, 2026 at 8:00 AM ET.

Endava Stock Performance

Shares of DAVA opened at $5.11 on Wednesday. Endava has a 12-month low of $4.84 and a 12-month high of $34.50. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 0.34. The company has a market cap of $287.23 million, a PE ratio of 25.55 and a beta of 1.26. The stock has a 50-day moving average price of $6.36 and a 200-day moving average price of $8.44.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Jane Street Group LLC boosted its holdings in Endava by 16.1% during the 1st quarter. Jane Street Group LLC now owns 10,682 shares of the company’s stock valued at $208,000 after acquiring an additional 1,482 shares during the period. Geode Capital Management LLC purchased a new position in Endava in the 2nd quarter worth approximately $205,000. Invesco Ltd. lifted its position in Endava by 6.4% in the second quarter. Invesco Ltd. now owns 3,661,123 shares of the company’s stock valued at $56,088,000 after purchasing an additional 220,465 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Endava by 733.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,909 shares of the company’s stock valued at $29,000 after purchasing an additional 1,680 shares during the period. Finally, Daiwa Securities Group Inc. boosted its stake in shares of Endava by 14.7% during the second quarter. Daiwa Securities Group Inc. now owns 105,048 shares of the company’s stock valued at $1,609,000 after purchasing an additional 13,490 shares during the period. Hedge funds and other institutional investors own 62.23% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on DAVA. Needham & Company LLC dropped their target price on shares of Endava from $12.00 to $9.00 and set a “buy” rating for the company in a research report on Wednesday, November 12th. Zacks Research upgraded shares of Endava from a “strong sell” rating to a “hold” rating in a research report on Friday, November 7th. Morgan Stanley dropped their price objective on shares of Endava from $11.00 to $8.00 and set an “equal weight” rating for the company in a report on Thursday, November 13th. JPMorgan Chase & Co. cut their target price on shares of Endava from $13.00 to $10.00 and set a “neutral” rating for the company in a research report on Wednesday, November 12th. Finally, Wall Street Zen upgraded Endava from a “sell” rating to a “hold” rating in a research report on Sunday, February 8th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $16.14.

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.