Endava Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Endava stock have an average target of 44.55, with a low estimate of 33 and a high estimate of 66. The average target predicts an increase of 42.74% from the current stock price of 31.21.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$33	$44.55	$42	$66
Change	+5.74%	+42.74%	+34.57%	+111.47%

* Price targets were last updated on May 24, 2024.

Analyst Ratings

The average analyst rating for Endava stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	2	2	2	4	4	4
Buy	2	3	3	4	4	4
Hold	4	4	4	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	9	9	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jonathan Lee Guggenheim	Guggenheim	Strong Buy Maintains $60 → $55	Strong Buy	Maintains	$60 → $55	+76.23%	May 24, 2024
Puneet Jain JP Morgan	JP Morgan	Buy Maintains $43 → $41	Buy	Maintains	$43 → $41	+31.37%	May 24, 2024
Bryan Bergin TD Cowen	TD Cowen	Strong Buy Maintains $46 → $42	Strong Buy	Maintains	$46 → $42	+34.57%	May 24, 2024
Harry Read Redburn Atlantic	Redburn Atlantic	Hold Initiates $33	Hold	Initiates	$33	+6.06%	May 24, 2024
Mayank Tandon Needham	Needham	Strong Buy Maintains $50 → $42	Strong Buy	Maintains	$50 → $42	+34.57%	May 24, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

754.99M

from 794.73M

-5.00%

from 794.73M

Revenue Next Year

841.93M

from 754.99M

11.52%

from 754.99M

EPS This Year

1.16

from 1.62

-28.45%

from 1.62

EPS Next Year

1.31

from 1.16

12.86%

from 1.16

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029
Revenue	287.93M	350.95M	446.30M	654.76M	794.73M	754.99M	841.93M	948.99M	1.07B	1.39B	1.61B
Revenue Growth	32.31%	21.89%	27.17%	46.71%	21.38%	-5.00%	11.52%	12.72%	12.22%	30.33%	15.71%
EPS	0.44	0.36	0.76	1.43	1.62	1.16	1.31	1.91	2.57	3.63	4.09
EPS Growth	15.79%	-18.18%	111.11%	88.16%	13.29%	-28.45%	12.86%	45.91%	34.78%	41.05%	12.59%
Forward PE	-	-	-	-	-	26.93	23.86	16.35	12.13	8.60	7.64
No. Analysts	-	-	-	-	-	17	17	15	4	3	3

Financial currency is GBP. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	779.9M	892.7M	1.0B	1.2B	1.4B	1.7B
Avg	755.0M	841.9M	949.0M	1.1B	1.4B	1.6B
Low	701.7M	769.8M	818.3M	900.0M	1.3B	1.5B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	-1.9%	18.2%	23.2%	29.4%	34.2%	19.1%
Avg	-5.0%	11.5%	12.7%	12.2%	30.3%	15.7%
Low	-11.7%	2.0%	-2.8%	-5.2%	25.3%	11.2%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	1.25	1.65	2.44	3.22	3.74	4.21
Avg	1.16	1.31	1.91	2.57	3.63	4.09
Low	1.08	1.04	1.60	1.94	3.49	3.93

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
High	-22.9%	42.1%	86.9%	68.6%	45.2%	15.9%
Avg	-28.4%	12.9%	45.9%	34.8%	41.1%	12.6%
Low	-33.5%	-10.4%	22.1%	1.6%	35.5%	8.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.