Investment Analysts’ Recent Ratings Changes for Endava (DAVA)

Several analysts have recently updated their ratings and price targets for Endava (NYSE: DAVA):

• 5/27/2026 – Endava was downgraded by Guggenheim from “buy” to “neutral”.
• 5/22/2026 – Endava had its “buy” rating reaffirmed by TD Cowen.
• 5/22/2026 – Endava was given a new $5.00 price target by CLSA.
• 5/22/2026 – Endava had its price target lowered by Morgan Stanley from $8.00 to $4.00. They now have an “equal weight” rating on the stock.
• 5/22/2026 – Endava was downgraded by JPMorgan Chase & Co. from “neutral” to “underweight”. They now have a $5.00 price target on the stock, down from $9.00.
• 5/21/2026 – Endava was downgraded by Zacks Research from “hold” to “strong sell”.
• 5/21/2026 – Endava had its price target lowered by Needham & Company LLC from $7.00 to $5.00. They now have a “buy” rating on the stock.

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.