Endava (DAVA) to Release Quarterly Earnings on Thursday

Endava (NYSE:DAVA) is expected to 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. Individuals can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, February 19, 2026 at 8:00 AM ET.

Endava Price Performance

DAVA opened at $5.12 on Tuesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.18 and a quick ratio of 2.18. The stock’s 50 day simple moving average is $6.39 and its 200 day simple moving average is $8.49. The firm has a market cap of $287.51 million, a price-to-earnings ratio of 25.58 and a beta of 1.26. Endava has a 1 year low of $4.84 and a 1 year high of $34.73.

Analysts Set New Price Targets

DAVA has been the topic of several recent analyst reports. Guggenheim cut their target price on shares of Endava from $15.00 to $13.00 and set a “buy” rating on the stock in a report on Friday. Morgan Stanley dropped their price target on shares of Endava from $11.00 to $8.00 and set an “equal weight” rating for the company in a research report on Thursday, November 13th. William Blair cut shares of Endava from an “outperform” rating to a “market perform” rating in a research report on Tuesday, November 11th. JPMorgan Chase & Co. lowered their price objective on shares of Endava from $13.00 to $10.00 and set a “neutral” rating for the company in a research note on Wednesday, November 12th. Finally, Wall Street Zen upgraded shares of Endava from a “sell” rating to a “hold” rating in a report on Sunday, February 8th. Three research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $16.14.

Institutional Investors Weigh In On Endava

Several institutional investors and hedge funds have recently modified their holdings of the stock. Invesco Ltd. boosted its stake in shares of Endava by 6.4% during the 2nd quarter. Invesco Ltd. now owns 3,661,123 shares of the company’s stock valued at $56,088,000 after purchasing an additional 220,465 shares in the last quarter. UBS Group AG lifted its holdings in Endava by 128.4% in the third quarter. UBS Group AG now owns 756,082 shares of the company’s stock worth $6,880,000 after buying an additional 425,106 shares during the period. Barclays PLC boosted its position in Endava by 100.1% during the 4th quarter. Barclays PLC now owns 517,985 shares of the company’s stock valued at $3,274,000 after acquiring an additional 259,058 shares in the last quarter. Sei Investments Co. grew its holdings in shares of Endava by 16.0% during the 3rd quarter. Sei Investments Co. now owns 312,847 shares of the company’s stock worth $2,847,000 after acquiring an additional 43,122 shares during the period. Finally, Marshall Wace LLP grew its holdings in shares of Endava by 174.6% during the 4th quarter. Marshall Wace LLP now owns 205,895 shares of the company’s stock worth $1,301,000 after acquiring an additional 130,913 shares during the period. 62.23% of the stock is owned by hedge funds and other institutional investors.

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.