Endava (DAVA) Stock Forecast, Price Target & Predictions
DAVA Stock Forecast
Endava stock forecast is as follows: an average price target of $56.30 (represents a 110.55% upside from DAVA’s last price of $26.74) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
DAVA Price Target
The average price target for Endava (DAVA) is $56.30 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $100.00 to $33.10. This represents a potential 110.55% upside from DAVA's last price of $26.74.
DAVA Analyst Ratings
According to 9 Wall Street analysts, Endava's rating consensus is 'Buy'. The analyst rating breakdown for DAVA stock is 0 'Strong Buy' (0.00%), 7 'Buy' (77.78%), 2 'Hold' (22.22%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Endava Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 18, 2024 | James Faucette | Morgan Stanley | $40.00 | $29.40 | 36.05% | 49.59% |
| May 24, 2024 | Jonathan Lee | Guggenheim | $55.00 | $30.98 | 77.53% | 105.68% |
| May 24, 2024 | Harry Read | Redburn Partners | $33.10 | $30.98 | 6.84% | 23.78% |
| May 01, 2024 | Phani Kanumuri | HSBC | $45.00 | $29.00 | 55.17% | 68.29% |
| Sep 19, 2023 | Bryan Keane | Deutsche Bank | $53.00 | $51.00 | 3.92% | 98.20% |
| Jun 12, 2023 | James E Friedman | Susquehanna | $100.00 | $48.07 | 108.03% | 273.97% |
| May 24, 2023 | Mayank Tandon | Needham | $68.00 | $50.85 | 33.73% | 154.30% |
| Sep 29, 2022 | James Faucette Faucette | Morgan Stanley | $95.00 | $82.27 | 15.47% | 255.27% |
The latest Endava stock forecast, released on Sep 18, 2024 by James Faucette from Morgan Stanley, set a price target of $40.00, which represents a 36.05% increase from the stock price at the time of the forecast ($29.40), and a 49.59% increase from DAVA last price ($26.74).
Endava Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $40.00 | $43.28 |
| Last Closing Price | $26.74 | $26.74 | $26.74 |
| Upside/Downside | -100.00% | 49.59% | 61.85% |
In the current month, the average price target of Endava stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Endava's last price of $26.74. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 18, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Sep 18, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Sep 18, 2024 | Needham | Buy | Buy | Hold |
| Sep 18, 2024 | Wedbush | Outperform | Outperform | Hold |
| May 24, 2024 | Cowen & Co. | Buy | Buy | Hold |
| May 24, 2024 | Guggenheim | Buy | Buy | Hold |
| May 23, 2024 | Wedbush | Buy | Buy | Hold |
| May 01, 2024 | HSBC | Hold | Buy | Upgrade |
| Mar 19, 2024 | Susquehanna | Buy | Buy | Hold |
| Mar 12, 2024 | Susquehanna | Positive | Positive | Hold |
Endava's last stock rating was published by Morgan Stanley on Sep 18, 2024. The company gave DAVA a "Equal-Weight" rating, the same as its previous rate.
Endava Financial Forecast
Endava Revenue Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $203.53M | $205.24M | $196.17M | $180.40M | $169.22M | $157.67M | $147.47M | $133.62M | $112.31M | $105.24M | $95.13M | $90.46M | $92.23M |
| Avg Forecast | $356.62M | $338.43M | $321.02M | $309.93M | $293.58M | $275.18M | $271.04M | $267.09M | $268.56M | $254.52M | $248.52M | $260.18M | $247.29M | $220.53M | $234.87M | $227.44M | $239.30M | $248.59M | $248.44M | $214.59M | $217.07M | $213.22M | $204.90M | $194.85M | $181.72M | $153.37M | $141.16M | $116.97M | $107.30M | $108.63M |
| High Forecast | $363.74M | $345.19M | $327.43M | $316.11M | $299.44M | $280.68M | $276.45M | $272.42M | $273.92M | $260.01M | $248.66M | $265.38M | $252.23M | $224.93M | $236.56M | $231.98M | $244.08M | $253.55M | $253.40M | $214.59M | $217.07M | $213.22M | $204.90M | $194.85M | $181.72M | $153.37M | $141.16M | $116.97M | $107.30M | $108.63M |
| Low Forecast | $350.02M | $332.17M | $315.08M | $304.19M | $288.15M | $270.09M | $266.03M | $262.15M | $263.59M | $249.11M | $248.38M | $255.37M | $242.72M | $216.45M | $233.52M | $223.23M | $234.88M | $243.99M | $243.84M | $214.59M | $217.07M | $213.22M | $204.90M | $194.85M | $181.72M | $153.37M | $141.16M | $116.97M | $107.30M | $108.63M |
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 4 | 2 | 3 | 3 | 6 | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 7 | 10 | 10 | 10 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.83% | 0.91% | 0.83% | 0.79% | 0.77% | 0.76% | 0.74% | 0.73% | 0.75% | 0.81% | 0.84% | 0.85% |
Endava's average Quarter revenue forecast for Jun 23 based on 4 analysts is $239.30M, with a low forecast of $234.88M, and a high forecast of $244.08M. DAVA's average Quarter revenue forecast represents a 17.58% increase compared to the company's last Quarter revenue of $203.53M (Mar 23).
Endava EBITDA Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 4 | 2 | 3 | 3 | 6 | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 7 | 10 | 10 | 10 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $23.35M | $37.48M | $29.84M | $24.48M | $25.45M | $19.08M | $24.92M | $18.52M | $16.50M | $10.61M | $8.72M | $6.75M | $19.93M |
| Avg Forecast | $48.02M | $45.57M | $43.22M | $41.73M | $39.53M | $37.05M | $36.49M | $35.96M | $36.16M | $34.27M | $33.46M | $35.03M | $33.30M | $29.69M | $31.62M | $30.62M | $32.22M | $33.47M | $33.45M | $26.18M | $26.48M | $23.12M | $25.00M | $23.77M | $22.17M | $12.66M | $17.22M | $14.27M | $13.09M | $18.72M |
| High Forecast | $48.97M | $46.48M | $44.09M | $42.56M | $40.32M | $37.79M | $37.22M | $36.68M | $36.88M | $35.01M | $33.48M | $35.73M | $33.96M | $30.29M | $31.85M | $31.23M | $32.86M | $34.14M | $34.12M | $26.18M | $26.48M | $27.75M | $25.00M | $23.77M | $22.17M | $15.20M | $17.22M | $14.27M | $13.09M | $22.46M |
| Low Forecast | $47.13M | $44.72M | $42.42M | $40.96M | $38.80M | $36.37M | $35.82M | $35.30M | $35.49M | $33.54M | $33.44M | $34.38M | $32.68M | $29.14M | $31.44M | $30.06M | $31.62M | $32.85M | $32.83M | $26.18M | $26.48M | $18.50M | $25.00M | $23.77M | $22.17M | $10.13M | $17.22M | $14.27M | $13.09M | $14.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.70% | 1.12% | 1.14% | 0.92% | 1.10% | 0.76% | 1.05% | 0.84% | 1.30% | 0.62% | 0.61% | 0.52% | 1.06% |
4 analysts predict DAVA's average Quarter EBITDA for Jun 23 to be $32.22M, with a high of $32.86M and a low of $31.62M. This is 38.01% upper than Endava's previous annual EBITDA (Mar 23) of $23.35M.
Endava Net Income Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 4 | 2 | 3 | 3 | 6 | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 7 | 10 | 10 | 10 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $24.36M | $15.02M | $31.73M | $27.04M | $20.10M | $15.41M | $20.55M | $15.95M | $12.99M | $7.80M | $6.71M | $6.11M | $14.61M |
| Avg Forecast | $34.53M | $31.74M | $30.07M | $27.85M | $26.36M | $23.35M | $20.83M | $19.84M | $20.19M | $16.05M | $13.86M | $12.57M | $13.28M | $11.22M | $17.26M | $20.42M | $26.48M | $31.16M | $33.10M | $30.15M | $28.71M | $17.63M | $25.71M | $25.19M | $20.80M | $9.97M | $15.43M | $12.47M | $9.37M | $13.72M |
| High Forecast | $35.42M | $32.57M | $30.85M | $28.57M | $27.04M | $23.95M | $21.37M | $20.36M | $20.71M | $16.46M | $14.28M | $12.89M | $13.37M | $11.35M | $17.70M | $20.46M | $27.17M | $31.97M | $33.96M | $30.15M | $28.71M | $21.16M | $25.71M | $25.19M | $20.80M | $11.96M | $15.43M | $12.47M | $9.37M | $16.46M |
| Low Forecast | $33.70M | $30.98M | $29.35M | $27.18M | $25.72M | $22.79M | $20.33M | $19.37M | $19.70M | $15.66M | $13.44M | $12.27M | $13.18M | $11.09M | $16.79M | $20.39M | $25.84M | $30.42M | $32.31M | $30.15M | $28.71M | $14.11M | $25.71M | $25.19M | $20.80M | $7.98M | $15.43M | $12.47M | $9.37M | $10.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 0.45% | 1.05% | 0.94% | 1.14% | 0.60% | 0.82% | 0.77% | 1.30% | 0.51% | 0.54% | 0.65% | 1.06% |
Endava's average Quarter net income forecast for Jun 23 is $26.48M, with a range of $25.84M to $27.17M. DAVA's average Quarter net income forecast represents a 8.70% increase compared to the company's last Quarter net income of $24.36M (Mar 23).
Endava SG&A Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 4 | 2 | 3 | 3 | 6 | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 7 | 10 | 10 | 10 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $37.92M | $37.36M | $38.88M | $32.20M | $29.99M | $31.98M | $27.64M | $25.55M | $20.48M | $22.99M | $21.27M | $24.66M | $19.98M |
| Avg Forecast | $71.11M | $67.49M | $64.02M | $61.80M | $58.54M | $54.87M | $54.05M | $53.26M | $53.55M | $50.75M | $49.56M | $51.88M | $49.31M | $43.98M | $46.83M | $45.35M | $47.72M | $49.57M | $49.54M | $42.79M | $43.29M | $26.31M | $40.86M | $38.86M | $36.24M | $15.72M | $28.15M | $23.33M | $21.40M | $18.76M |
| High Forecast | $72.53M | $68.83M | $65.29M | $63.04M | $59.71M | $55.97M | $55.13M | $54.32M | $54.62M | $51.85M | $49.58M | $52.92M | $50.30M | $44.85M | $47.17M | $46.26M | $48.67M | $50.56M | $50.53M | $42.79M | $43.29M | $31.57M | $40.86M | $38.86M | $36.24M | $18.86M | $28.15M | $23.33M | $21.40M | $22.51M |
| Low Forecast | $69.80M | $66.24M | $62.83M | $60.66M | $57.46M | $53.86M | $53.05M | $52.28M | $52.56M | $49.67M | $49.53M | $50.92M | $48.40M | $43.16M | $46.57M | $44.51M | $46.84M | $48.66M | $48.62M | $42.79M | $43.29M | $21.04M | $40.86M | $38.86M | $36.24M | $12.58M | $28.15M | $23.33M | $21.40M | $15.01M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.76% | 0.75% | 0.91% | 0.74% | 1.14% | 0.78% | 0.71% | 0.71% | 1.30% | 0.82% | 0.91% | 1.15% | 1.06% |
Endava's average Quarter SG&A projection for Jun 23 is $47.72M, based on 4 Wall Street analysts, with a range of $46.84M to $48.67M. The forecast indicates a 25.86% rise compared to DAVA last annual SG&A of $37.92M (Mar 23).
Endava EPS Forecast
| Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 4 | 2 | 3 | 3 | 6 | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 7 | 10 | 10 | 10 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.42 | $0.26 | $0.56 | $0.48 | $0.36 | $0.27 | $0.37 | $0.29 | $0.23 | $0.14 | $0.12 | $0.11 | $0.27 |
| Avg Forecast | $0.59 | $0.54 | $0.51 | $0.47 | $0.45 | $0.40 | $0.35 | $0.34 | $0.34 | $0.27 | $0.24 | $0.21 | $0.23 | $0.19 | $0.29 | $0.35 | $0.45 | $0.53 | $0.56 | $0.51 | $0.49 | $0.43 | $0.44 | $0.43 | $0.35 | $0.28 | $0.26 | $0.21 | $0.16 | $0.22 |
| High Forecast | $0.60 | $0.55 | $0.52 | $0.49 | $0.46 | $0.41 | $0.36 | $0.35 | $0.35 | $0.28 | $0.24 | $0.22 | $0.23 | $0.19 | $0.30 | $0.35 | $0.46 | $0.54 | $0.58 | $0.51 | $0.49 | $0.43 | $0.44 | $0.43 | $0.35 | $0.28 | $0.26 | $0.21 | $0.16 | $0.22 |
| Low Forecast | $0.57 | $0.53 | $0.50 | $0.46 | $0.44 | $0.39 | $0.35 | $0.33 | $0.34 | $0.27 | $0.23 | $0.21 | $0.22 | $0.19 | $0.29 | $0.35 | $0.44 | $0.52 | $0.55 | $0.51 | $0.49 | $0.43 | $0.44 | $0.43 | $0.35 | $0.28 | $0.26 | $0.21 | $0.16 | $0.22 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | 0.46% | 1.09% | 0.98% | 0.84% | 0.62% | 0.86% | 0.82% | 0.83% | 0.53% | 0.57% | 0.69% | 1.22% |
According to 4 Wall Street analysts, Endava's projected average Quarter EPS for Jun 23 is $0.45, with a low estimate of $0.44 and a high estimate of $0.46. This represents a 7.22% increase compared to DAVA previous annual EPS of $0.42 (Mar 23).
Endava Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| STNE | StoneCo | $9.11 | $24.83 | 172.56% | Buy |
| MQ | Marqeta | $3.87 | $10.31 | 166.41% | Buy |
| PAGS | PagSeguro Digital | $7.54 | $16.81 | 122.94% | Buy |
| DAVA | Endava | $26.74 | $56.30 | 110.55% | Buy |
| OKTA | Okta | $73.69 | $116.97 | 58.73% | Hold |
| DLO | DLocal | $10.64 | $11.20 | 5.26% | Hold |
| VMW | VMware | $142.48 | $149.13 | 4.67% | Hold |
| CFLT | Confluent | $28.57 | $29.63 | 3.71% | Buy |
| NEWR | New Relic | $86.99 | $86.38 | -0.70% | Buy |
| BOX | Box | $33.17 | $32.75 | -1.27% | Buy |
| NTNX | Nutanix | $69.44 | $63.23 | -8.94% | Buy |