On May 13, 2025, Guggenheim analyst Jonathan Lee maintained his "Buy" rating on Endava (DAVA, Financial), but lowered the price target for the stock. The current price target is now set at $28.00 USD, down from the previous target of $40.00 USD. This adjustment represents a 30% decrease in the price target.
The decision to maintain the "Buy" rating comes despite the lowered price target, indicating continued confidence in Endava's (DAVA, Financial) performance potential. Investors in the market may want to note these adjustments as they assess their current and future holdings in Endava (DAVA).
This update follows analysis and review by Guggenheim, highlighting key changes in their outlook for Endava (DAVA, Financial). As the company continues to navigate the market environment, these insights may provide guidance for investors looking to align their strategies with current analyst expectations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for Endava PLC (DAVA, Financial) is $29.81 with a high estimate of $50.05 and a low estimate of $20.02. The average target implies an upside of 38.87% from the current price of $21.47. More detailed estimate data can be found on the Endava PLC (DAVA) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, Endava PLC's (DAVA, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Endava PLC (DAVA, Financial) in one year is $65.87, suggesting a upside of 206.8% from the current price of $21.47. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Endava PLC (DAVA) Summary page.
