Endava (DAVA) Expected to Announce Quarterly Earnings on Wednesday

Endava (NYSE:DAVA) is anticipated to issue its Q3 2026 results before the market opens on Wednesday, May 13th. Analysts expect the company to announce earnings of $0.27 per share and revenue of $242.7880 million for the quarter. Parties may review the information on the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Wednesday, May 13, 2026 at 8:00 AM ET.

Endava Stock Performance

DAVA stock opened at $4.16 on Wednesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.39 and a current ratio of 2.39. The stock has a market cap of $234.06 million, a P/E ratio of -37.85 and a beta of 1.11. The firm has a 50 day simple moving average of $4.63 and a 200 day simple moving average of $6.07. Endava has a 52 week low of $3.98 and a 52 week high of $21.81.

Hedge Funds Weigh In On Endava

Institutional investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC raised its position in shares of Endava by 733.6% in 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. Advisory Services Network LLC bought a new position in shares of Endava in the third quarter valued at approximately $28,000. Quadrant Capital Group LLC raised its position in shares of Endava by 901.8% in the fourth quarter. Quadrant Capital Group LLC now owns 6,101 shares of the company’s stock valued at $39,000 after purchasing an additional 5,492 shares during the period. Vident Advisory LLC bought a new position in shares of Endava in the second quarter valued at approximately $160,000. Finally, Jane Street Group LLC raised its position in shares of Endava by 16.1% in the first quarter. Jane Street Group LLC now owns 10,682 shares of the company’s stock valued at $208,000 after purchasing an additional 1,482 shares during the period. Institutional investors own 62.23% of the company’s stock.

Wall Street Analyst Weigh In

DAVA has been the subject of a number of analyst reports. Needham & Company LLC reduced their target price on shares of Endava from $9.00 to $7.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. TD Cowen reduced their target price on shares of Endava from $6.50 to $6.00 and set a “buy” rating for the company in a research note on Monday, April 6th. Weiss Ratings reiterated a “sell (d)” rating on shares of Endava in a research note on Tuesday, April 7th. Guggenheim reduced their target price on shares of Endava from $15.00 to $13.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Endava from $10.00 to $9.00 and set a “neutral” rating for the company in a research note on Friday, February 20th. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $14.14.

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.