Endava (DAVA) Stock Forecast, Price Target & Predictions


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DAVA Stock Forecast


Endava (DAVA) stock forecast, based on 12 Wall Street analysts, predicts a 12-month average price target of $56.30, with a high of $100.00 and a low of $33.10. This represents a 223.56% increase from the last price of $17.40.

$15 $32 $49 $66 $83 $100 High: $100 Avg: $56.3 Low: $33.1 Last Closed Price: $17.4

DAVA Stock Rating


Endava stock's rating consensus is Buy, based on 12 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 8 Buy (66.67%), 4 Hold (33.33%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 12 4 8 0 Strong Sell Sell Hold Buy Strong Buy

DAVA Price Target Upside V Benchmarks


TypeNameUpside
StockEndava223.56%
SectorTechnology Stocks 32.92%

Price Target Trends


1M3M12M
# Anlaysts--4
Avg Price Target--$43.28
Last Closing Price$17.40$17.40$17.40
Upside/Downside--148.74%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25264--12
Mar, 25364--13
Feb, 25354--12
Jan, 25364--13
Dec, 24365--14
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 18, 2024James FaucetteMorgan Stanley$40.00$29.4036.05%129.89%
May 24, 2024Jonathan LeeGuggenheim$55.00$30.9877.53%216.09%
May 24, 2024Harry ReadRedburn Partners$33.10$30.986.84%90.23%
May 01, 2024Phani KanumuriHSBC$45.00$29.0055.17%158.62%
Sep 19, 2023Bryan KeaneDeutsche Bank$53.00$51.003.92%204.60%
Jun 12, 2023James E FriedmanSusquehanna$100.00$48.07108.03%474.71%
May 24, 2023Mayank TandonNeedham$68.00$50.8533.73%290.80%
Sep 29, 2022James Faucette FaucetteMorgan Stanley$95.00$82.2715.47%445.98%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Jan 10, 2025NeedhamBuyBuyhold
Sep 18, 2024Morgan StanleyEqual-WeightEqual-Weighthold
May 24, 2024Cowen & Co.BuyBuyhold
May 24, 2024GuggenheimBuyBuyhold
May 23, 2024WedbushBuyBuyhold
May 01, 2024HSBCHoldBuyupgrade
Mar 19, 2024SusquehannaBuyBuyhold
Mar 12, 2024SusquehannaPositivePositivehold
Jan 08, 2024HSBCHolddowngrade
Sep 19, 2023WedbushOutperformOutperformhold

Financial Forecast


EPS Forecast

Jun 20 Jun 21 Jun 22 Jun 23 Jun 24 Jun 25 Jun 26 Jun 27 Jun 28
Jun 20Jun 21Jun 22Jun 23Jun 24Jun 25Jun 26Jun 27Jun 28
Reported$0.40$0.79$1.48------
Avg Forecast$0.93$1.24$1.92$2.15$1.14$1.12$1.61$2.04$2.01
High Forecast$0.95$1.27$1.97$2.23$1.16$1.18$2.05$2.60$2.08
Low Forecast$0.90$1.20$1.87$2.09$1.11$0.91$1.26$1.51$1.95
Surprise %-56.99%-36.29%-22.92%------

Revenue Forecast

$350M $540M $730M $920M $1B $1B Jun 20 Jun 21 Jun 22 Jun 23 Jun 24 Jun 25 Jun 26 Jun 27 Jun 28
Jun 20Jun 21Jun 22Jun 23Jun 24Jun 25Jun 26Jun 27Jun 28
Reported$350.95M$446.30M$654.76M$794.73M-----
Avg Forecast$429.24M$613.79M$794.49M$1.01B$938.18M$1.01B$1.11B$1.25B$1.25B
High Forecast$437.11M$625.05M$809.07M$1.03B$944.31M$1.02B$1.15B$1.28B$1.28B
Low Forecast$420.37M$601.11M$778.08M$986.80M$933.77M$985.96M$1.08B$1.22B$1.23B
Surprise %-18.24%-27.29%-17.59%-21.10%-----

Net Income Forecast

$0 $40M $80M $120M $160M $200M Jun 20 Jun 21 Jun 22 Jun 23 Jun 24 Jun 25 Jun 26 Jun 27 Jun 28
Jun 20Jun 21Jun 22Jun 23Jun 24Jun 25Jun 26Jun 27Jun 28
Reported$21.41M$43.44M$83.09M$94.16M-----
Avg Forecast$54.43M$72.69M$112.89M$126.53M$66.82M$61.18M$97.23M$120.99M$117.99M
High Forecast$55.73M$74.42M$115.58M$130.84M$68.21M$69.12M$120.56M$152.95M$122.01M
Low Forecast$52.97M$70.73M$109.86M$123.18M$65.44M$53.24M$73.90M$89.03M$114.87M
Surprise %-60.67%-40.24%-26.40%-25.58%-----

DAVA Forecast FAQ


Is Endava stock a buy?

Endava stock has a consensus rating of Buy, based on 12 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 8 Buy, 4 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Endava is a favorable investment for most analysts.

What is Endava's price target?

Endava's price target, set by 12 Wall Street analysts, averages $56.3 over the next 12 months. The price target range spans from $33.1 at the low end to $100 at the high end, suggesting a potential 223.56% change from the previous closing price of $17.4.

How does Endava stock forecast compare to its benchmarks?

Endava's stock forecast shows a 223.56% upside, outperforming the average forecast for the technology stocks sector (32.92%).

What is the breakdown of analyst ratings for Endava over the past three months?

  • April 2025: 16.67% Strong Buy, 50.00% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 23.08% Strong Buy, 46.15% Buy, 30.77% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 25.00% Strong Buy, 41.67% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.

What is Endava’s EPS forecast?

Endava's average annual EPS forecast for its fiscal year ending in June 2024 is $1.14, marking a 0% decrease from the reported $0 in 2023. Estimates for the following years are $1.12 in 2025, $1.61 in 2026, $2.04 in 2027, and $2.01 in 2028.

What is Endava’s revenue forecast?

Endava's average annual revenue forecast for its fiscal year ending in June 2024 is $938.18M, reflecting a 18.05% increase from the reported $794.73M in 2023. The forecast for 2025 is $1.01B, followed by $1.11B for 2026, $1.25B for 2027, and $1.25B for 2028.

What is Endava’s net income forecast?

Endava's net income forecast for the fiscal year ending in June 2024 stands at $66.82M, representing a -29.03% decrease from the reported $94.16M in 2023. Projections indicate $61.18M in 2025, $97.23M in 2026, $120.99M in 2027, and $117.99M in 2028.