Endava plc (DAVA)
NYSE: DAVA · IEX Real-Time Price · USD
30.00
-0.31 (-1.02%)
Apr 24, 2024, 4:00 PM EDT - Market closed
Endava Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Endava stock have an average target of 53.67, with a low estimate of 33 and a high estimate of 80. The average target predicts an increase of 78.90% from the current stock price of 30.00.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Endava stock from 9 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 2 | 2 | 3 | 3 |
| Hold | 1 | 2 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 8 | 8 | 8 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $40 | Hold | Maintains | $40 | +33.33% | Apr 22, 2024 |
| Citigroup | Citigroup | Hold Maintains $40 → $33 | Hold | Maintains | $40 → $33 | +10.00% | Apr 22, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $49 | Hold → Buy | Upgrades | $49 | +63.33% | Mar 19, 2024 |
| Guggenheim | Guggenheim | Strong Buy Initiates $60 | Strong Buy | Initiates | $60 | +100.00% | Mar 19, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $83 → $66 | Buy | Maintains | $83 → $66 | +120.00% | Mar 12, 2024 |
Financial Forecast
Revenue This Year
744.60M
from 794.73M
Decreased by -6.31%
Revenue Next Year
817.13M
from 744.60M
Increased by 9.74%
EPS This Year
1.18
from 1.62
Decreased by -26.90%
EPS Next Year
1.62
from 1.18
Increased by 36.46%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 791.7M | 953.4M | 1.1B | 1.3B | 1.6B |
| Avg | 744.6M | 817.1M | 955.1M | 1.3B | 1.5B |
| Low | 701.7M | 744.4M | 782.7M | 1.2B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.4% | 28.0% | 33.1% | 39.2% | 23.5% |
| Avg | -6.3% | 9.7% | 16.9% | 35.2% | 19.9% |
| Low | -11.7% | -0.0% | -4.2% | 29.8% | 15.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.27 | 1.94 | 2.60 |
| Avg | 1.18 | 1.62 | 2.17 |
| Low | 1.07 | 1.27 | 1.63 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -21.6% | 63.5% | 61.1% |
| Avg | -26.9% | 36.5% | 34.4% |
| Low | -34.1% | 7.6% | 0.7% |
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.