Endava (NYSE:DAVA) Releases Q4 2026 Earnings Guidance

Endava (NYSE:DAVA) issued an update on its fourth quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.120-0.180 for the period, compared to the consensus estimate of 0.300. The company issued revenue guidance of $244.0 million-$249.4 million, compared to the consensus revenue estimate of $259.8 million. Endava also updated its FY 2026 guidance to 0.610-0.660 EPS.

Wall Street Analysts Forecast Growth

Several research firms have commented on DAVA. Wall Street Zen raised shares of Endava from a “sell” rating to a “hold” rating in a report on Sunday, February 8th. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $5.00 target price (down from $9.00) on shares of Endava in a report on Friday. Morgan Stanley decreased their target price on shares of Endava from $8.00 to $4.00 and set an “equal weight” rating on the stock in a report on Friday. Zacks Research lowered shares of Endava from a “hold” rating to a “strong sell” rating in a report on Thursday. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Endava in a report on Tuesday, April 7th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Endava currently has an average rating of “Reduce” and a consensus price target of $7.14.

Endava Price Performance

DAVA stock opened at $3.34 on Friday. The company has a quick ratio of 2.39, a current ratio of 2.39 and a debt-to-equity ratio of 0.36. Endava has a 12 month low of $3.20 and a 12 month high of $17.36. The firm has a market cap of $187.46 million, a P/E ratio of -0.32 and a beta of 1.11. The company’s 50-day moving average price is $4.33 and its two-hundred day moving average price is $5.62.

Endava (NYSE:DAVA) last released its earnings results on Thursday, May 21st. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.20). Endava had a negative net margin of 57.01% and a positive return on equity of 2.14%. The firm had revenue of $236.44 million during the quarter, compared to the consensus estimate of $242.79 million. Endava has set its Q4 2026 guidance at 0.120-0.180 EPS and its FY 2026 guidance at 0.610-0.660 EPS. On average, analysts anticipate that Endava will post 0.48 earnings per share for the current fiscal year.

More Endava News

Here are the key news stories impacting Endava this week:

• Positive Sentiment: Needham & Company trimmed its price target but kept a buy rating, suggesting some analysts still see rebound potential for Endava despite the weak quarter.
• Neutral Sentiment: TD Cowen lowered its target to $4.00 and maintained a hold view, reflecting a more cautious but not outright bearish stance on the name.
• Neutral Sentiment: Morgan Stanley cut its target to $4.00 and kept an equal weight rating, indicating the firm sees limited near-term upside but not a dramatic deterioration beyond current expectations.
• Neutral Sentiment: JPMorgan reaffirmed an underweight rating while reducing its target, underscoring that sentiment on the stock remains subdued after the earnings update.
• Negative Sentiment: Endava reported fiscal Q3 EPS of $0.07 versus the $0.27 consensus and revenue of $236.4 million versus $242.8 million expected, then cut FY26 EPS and revenue guidance below estimates. Endava Announces Third Quarter Fiscal Year 2026 Results
• Negative Sentiment: Johnson Fistel said it is investigating potential securities-law violations tied to investor losses, adding a legal-overhang headline that may further weigh on shares. Endava plc Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses

Institutional Investors Weigh In On Endava

A number of hedge funds have recently made changes to their positions in DAVA. EverSource Wealth Advisors LLC boosted its position in Endava by 733.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,909 shares of the company’s stock worth $29,000 after buying an additional 1,680 shares during the period. Advisory Services Network LLC acquired a new stake in Endava during the 3rd quarter worth approximately $28,000. Quadrant Capital Group LLC boosted its position in Endava by 901.8% during the 4th quarter. Quadrant Capital Group LLC now owns 6,101 shares of the company’s stock worth $39,000 after buying an additional 5,492 shares during the period. Vident Advisory LLC acquired a new stake in Endava during the 2nd quarter worth approximately $160,000. Finally, Jane Street Group LLC boosted its position in Endava by 16.1% during the 1st quarter. Jane Street Group LLC now owns 10,682 shares of the company’s stock worth $208,000 after buying an additional 1,482 shares during the period. 62.23% of the stock is currently owned by institutional investors and hedge funds.

Endava Company Profile

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.