Endava (DAVA) Projected to Post Earnings on Thursday

Endava (NYSE:DAVA) will likely be releasing 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. Investors are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, February 19, 2026 at 8:00 AM ET.

Endava Stock Down 5.5%

Endava stock opened at $5.27 on Thursday. The firm has a market capitalization of $295.94 million, a price-to-earnings ratio of 26.33 and a beta of 1.26. The company has a debt-to-equity ratio of 0.34, a quick ratio of 2.18 and a current ratio of 2.18. Endava has a fifty-two week low of $5.03 and a fifty-two week high of $34.82. The stock’s fifty day moving average is $6.48 and its two-hundred day moving average is $8.71.

Institutional Investors Weigh In On Endava

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. UBS Group AG increased its stake in Endava by 128.4% during the 3rd quarter. UBS Group AG now owns 756,082 shares of the company’s stock valued at $6,880,000 after buying an additional 425,106 shares during the period. Barclays PLC bought a new position in shares of Endava in the third quarter valued at approximately $2,356,000. Invesco Ltd. increased its stake in shares of Endava by 6.4% during the second quarter. Invesco Ltd. now owns 3,661,123 shares of the company’s stock valued at $56,088,000 after acquiring an additional 220,465 shares during the period. Verition Fund Management LLC acquired a new stake in Endava in the third quarter worth approximately $1,401,000. Finally, Sei Investments Co. boosted its stake in Endava by 128.3% during the 2nd quarter. Sei Investments Co. now owns 269,725 shares of the company’s stock valued at $4,132,000 after purchasing an additional 151,600 shares in the last quarter. 62.23% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DAVA. Morgan Stanley cut their price objective on Endava from $11.00 to $8.00 and set an “equal weight” rating for the company in a research report on Thursday, November 13th. Needham & Company LLC decreased their price objective on Endava from $12.00 to $9.00 and set a “buy” rating on the stock in a research note on Wednesday, November 12th. Wall Street Zen raised shares of Endava from a “sell” rating to a “hold” rating in a research note on Sunday. Guggenheim lowered their target price on shares of Endava from $18.00 to $15.00 and set a “buy” rating for the company in a research note on Wednesday, November 12th. Finally, Zacks Research raised Endava from a “strong sell” rating to a “hold” rating in a research report on Friday, November 7th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Endava presently has a consensus rating of “Hold” and a consensus target price of $16.43.

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.