Endava plc

NYSE:DAVA Stock Report

Market Cap: US$208.2m

Endava Dividends and Buybacks

Dividend criteria checks 0/6

Endava does not have a record of paying a dividend.

Key information

n/a

Dividend yield

58.4%

Buyback Yield

Total Shareholder Yield58.4%
Future Dividend Yield0%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ration/a

Recent dividend and buyback updates

Recent updates

Narrative Update May 05

DAVA: AI Partnerships And Share Buybacks Will Support Future Turnaround Execution

Narrative Update on Endava Analysts have trimmed their price targets on Endava by up to $2, with recent cuts to $9 and $6.50 reflecting updated views on fair value and future P/E. They also point to 2Q26 results as broadly in line with plans and note a slightly higher full year 2026 constant currency outlook.
Narrative Update Apr 20

DAVA: Buybacks And AI Investments Will Offset Softer Near Term Outlook

Narrative Update on Endava The updated analyst price target for Endava has shifted lower in recent weeks, with moves such as TD Cowen trimming its target to $6.50 and JPMorgan to $9. Analysts are factoring in a slightly softer growth outlook, a lower future P/E assumption, and the effects of foreign exchange and investment spending on near term results.
Seeking Alpha Apr 09

Endava Struggles As AI Pivot Pressures Margins, Growth Remains Elusive

Summary Endava plc remains, for me, a bearish Sell rating due to persistent negative earnings and weak client demand, especially in Payments, Mobility, and TMT sectors. DAVA's transition to GenAI-centric delivery is pressuring gross margins, with ongoing investments and slow headcount attrition failing to offset revenue declines and FX headwinds. Stock buybacks have been funded by increased borrowings, rendering current capital return levels unsustainable given deteriorating free cash flow net of SBC. Management must demonstrate improved earnings and operational efficiency before DAVA becomes investable, as the stock has fallen over 75% in the past year. Read the full article on Seeking Alpha
Narrative Update Apr 06

DAVA: Shares Will Recover As Buybacks Offset Cautious Revenue Outlook

Narrative Update on Endava Analysts have trimmed their price targets on Endava, with one key target moving from $8.00 to $6.50. This reflects updated views on softer revenue growth assumptions, a lower forward P/E, and slightly better expected profitability after recent earnings and guidance.
Narrative Update Mar 23

DAVA: FY26 Outlook And AI Partnerships Will Support Future Re Rating Potential

Endava's fair value estimate has been adjusted lower by about $0.64 to $15.72 as analysts factor in reduced price targets, including cuts to $6.50 and $9, while acknowledging recent results that broadly tracked expectations and modest guidance updates. Analyst Commentary Recent research on Endava presents a mixed picture, but there are several elements that more optimistic voices highlight as constructive for the story, even as headline price targets have been reset lower.
Narrative Update Mar 08

DAVA: Future Execution On AI Partnerships And FY26 Guidance Will Drive Re Rating Potential

Analysts have adjusted their average price target on Endava to a range of $6.50 to $9, reflecting updated fair value estimates and higher discount rates, while acknowledging recent guidance changes and mixed quarterly outlooks driven by foreign exchange and investment spending. Analyst Commentary Recent Street research on Endava points to a more cautious but still constructive setup, with price targets reset into the US$6.50 to US$9 band and expectations aligned more tightly with current guidance.
Narrative Update Feb 22

DAVA: Shares Will Recover As Earnings Reset And Buybacks Support Upside Potential

Analysts have trimmed their Endava price targets, with recent cuts such as $10 to $9 and other reductions contributing to a lower fair value estimate and updated assumptions on discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Recent Street research on Endava reflects a more cautious stance, with price targets being reset lower and ratings held at neutral rather than skewing positive.
Narrative Update Feb 08

DAVA: Generative AI Partnerships Will Support Future Turnaround Despite Execution Concerns

Narrative Update on Endava Analysts have trimmed their price target on Endava to US$8 from US$10, citing missed growth guidance, softer performance tied to client credit issues and pipeline conversion, and a view that a recovery in growth now looks more challenging and could keep the shares under pressure in the near term. Analyst Commentary Recent research updates on Endava focus heavily on the reset in expectations after the company missed its previously stated growth guidance and issued another quarter of what analysts describe as disappointing guidance.
Narrative Update Jan 25

DAVA: Future Execution On Client Credit And Pipeline Conversion Will Drive Re Rating Potential

Analysts have trimmed their Endava price target to $8 from $10, citing missed growth guidance, softer performance tied to client credit issues, and weaker pipeline conversion. They expect these factors to weigh on near term recovery prospects.
Analysis Article Jan 10

Is Endava (NYSE:DAVA) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Narrative Update Jan 10

DAVA: Future Execution On Client Credit And Pipeline Issues Will Reset Expectations

Analysts cut their price target on Endava by more than half to about US$17 from roughly US$37 after weaker growth guidance, ongoing client credit and pipeline conversion issues, and lower future P/E assumptions led them to reset expectations. Analyst Commentary Recent research has highlighted a tougher backdrop for Endava, with weaker growth guidance and softer client activity weighing on near term expectations.
Narrative Update Dec 25

DAVA: Shares Are Expected To Recover As Client Credit Pressures Ease

Endava's analyst price target has been cut from $10 to $8 as analysts point to missed growth guidance, ongoing pressure from client credit issues and weak pipeline conversion, and a more challenging setup for a near term growth recovery. Analyst Commentary Bearish analysts are signaling a more cautious stance on Endava, citing a combination of weaker than expected execution and an increasingly uncertain growth outlook.
Narrative Update Dec 11

DAVA: Generative AI Partnerships Will Support Future Recovery Despite Guidance Reset

Analysts have reduced their price target on Endava, cutting it by approximately $3 to reflect missed growth guidance, persistent pressure on the outlook, and a more challenging setup for a near term recovery in client demand and pipeline conversion. Analyst Commentary Bullish Takeaways Bullish analysts see the reset in growth expectations and price targets as potentially de-risking the valuation, limiting downside if execution stabilizes from here.
Analysis Article Dec 08

What You Can Learn From Endava plc's (NYSE:DAVA) P/E After Its 28% Share Price Crash

Endava plc ( NYSE:DAVA ) shareholders that were waiting for something to happen have been dealt a blow with a 28% share...
Narrative Update Nov 27

DAVA: Expanding Generative AI Partnerships Will Support A Stronger Long-Term Outlook

Endava's analyst price target has been reduced significantly. Recent adjustments reflect a new average valuation near $8 to $11, down from previous expectations.
Narrative Update Nov 12

DAVA: Investments In Gen AI And Partnerships Will Drive Long-Term Opportunity

Analysts have lowered their price target for Endava from $17 to $11, citing ongoing challenges for near-term growth and margin pressure. This comes despite optimism around the company's investments in Gen AI and partnerships.
Analysis Article Nov 05

Is Endava plc (NYSE:DAVA) Potentially Undervalued?

Endava plc ( NYSE:DAVA ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Narrative Update Oct 29

Long-Term AI Investment Will Drive Revenue Diversification Despite Transitional Year

Narrative Update on Endava Analysts have reduced their price target for Endava from $17 to $11. They cite a cautious FY26 growth outlook and anticipated near-term margin pressures, despite optimism for long-term benefits from Gen AI investments.
Narrative Update Oct 15

AI Capabilities Like Morpheus And Compass Will Leverage Digital Shift For Market Expansion

Analysts have reduced their price target for Endava from $17 to $11. They cite increased near-term margin pressures and a more cautious growth outlook, despite ongoing investments in Gen AI and partnerships.
Narrative Update Sep 06

AI Capabilities Like Morpheus And Compass Will Leverage Digital Shift For Market Expansion

Endava’s price target has been cut from $23.49 to $18.93 due to delayed client IT spending amid macroeconomic and sector headwinds, compounded by near-term growth and margin pressures that outweigh long-term strategic positives. Analyst Commentary Elevated macroeconomic uncertainty and trade concerns are resulting in delayed client IT investments and a cautious demand environment.
Narrative Update Aug 19

AI Capabilities Like Morpheus And Compass Will Leverage Digital Shift For Market Expansion

Despite ongoing sector headwinds and cautious client spending, analysts believe consensus estimates are now de-risked—implying limited downside and possible upside if demand stabilizes—leading to a raised fair value price target for Endava from $22.91 to $24.16. Analyst Commentary Persistent industry underperformance relative to the S&P 500 linked to heightened investor expectations and subsequent disappointment post-year-end rally.
Analysis Article Aug 13

Does Endava (NYSE:DAVA) Have A Healthy Balance Sheet?

NYSE:DAVA 1 Year Share Price vs Fair Value Explore Endava's Fair Values from the Community and select yours Howard...
Analysis Article Jul 26

Endava plc's (NYSE:DAVA) Intrinsic Value Is Potentially 91% Above Its Share Price

Key Insights Using the 2 Stage Free Cash Flow to Equity, Endava fair value estimate is US$28.54 Endava's US$14.95 share...
Analysis Article Jun 18

Why Investors Shouldn't Be Surprised By Endava plc's (NYSE:DAVA) P/E

Endava plc's ( NYSE:DAVA ) price-to-earnings (or "P/E") ratio of 36.3x might make it look like a strong sell right now...
Analysis Article Jun 02

Why Endava plc (NYSE:DAVA) Could Be Worth Watching

Endava plc ( NYSE:DAVA ), is not the largest company out there, but it received a lot of attention from a substantial...
Analysis Article May 18

Results: Endava plc Beat Earnings Expectations And Analysts Now Have New Forecasts

There's been a major selloff in Endava plc ( NYSE:DAVA ) shares in the week since it released its third-quarter report...
Analysis Article Apr 16

Endava (NYSE:DAVA) Has A Pretty Healthy Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 29

Endava plc (NYSE:DAVA) Shares Could Be 28% Below Their Intrinsic Value Estimate

Key Insights The projected fair value for Endava is US$27.67 based on 2 Stage Free Cash Flow to Equity Current share...
Seeking Alpha Mar 28

Endava: Mispriced Today, Repositioned For Tomorrow

Summary Endava Plc is transforming from a mid-tier services firm to an AI-native enterprise enabler, presenting a significant investment opportunity. Despite a tough FY24, Endava's pivot to higher-value work and expansion in North America signal a strong growth trajectory. The stock is undervalued, trading at a significant discount compared to peers, with potential for a 30-50% rise in the next 12 months. Key risks include client concentration, cash flow pressure, wage inflation, and integration of recent acquisitions, but the upside potential outweighs these concerns. Read the full article on Seeking Alpha
Analysis Article Mar 11

Investors Don't See Light At End Of Endava plc's (NYSE:DAVA) Tunnel And Push Stock Down 35%

Endava plc ( NYSE:DAVA ) shareholders won't be pleased to see that the share price has had a very rough month, dropping...
Seeking Alpha Jan 09

Endava PLC: Long-Term Growth Potential Is The Key Focus

Summary I reiterate my buy rating for Endava PLC stock due to its strong long-term growth potential, despite near-term macroeconomic challenges. DAVA's strategic initiatives in core modernization and Gen-AI adoption, supported by proprietary tools Morpheus and Compass, position it well for future growth. Near-term growth may be weak, but I expect DAVA to achieve 20% growth over the next two years as AI investments ramp up. Risks include project delays, talent retention challenges, and rising wage inflation, but the potential upside for DAVA remains significant. Read the full article on Seeking Alpha
Analysis Article Jan 07

Is Endava (NYSE:DAVA) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Nov 27

Endava (NYSE:DAVA) Will Be Hoping To Turn Its Returns On Capital Around

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
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New Narrative Nov 21

AI-Driven Innovation And Critical Partnerships Propel Company Towards Digital Transformation Success

Strategic focus on AI and core modernization could increase revenue from complex transformation programs and improve operational efficiencies.
Analysis Article Nov 11

Is Now The Time To Look At Buying Endava plc (NYSE:DAVA)?

Endava plc ( NYSE:DAVA ), might not be a large cap stock, but it saw a decent share price growth of 12% on the NYSE...
Analysis Article Oct 29

Is There An Opportunity With Endava plc's (NYSE:DAVA) 31% Undervaluation?

Key Insights Endava's estimated fair value is US$35.65 based on 2 Stage Free Cash Flow to Equity Endava's US$24.60...
Seeking Alpha Oct 28

Endava: Mr. Market May Again Assign DAVA A Hefty Multiple

Summary Endava plc, a London-based IT solutions company, has faced a 6.8% revenue decline in FY24 but remains free cash flow positive. The IT services industry is growing, driven by digital transformation, AI, and cloud computing, with Endava positioned as a key enabler. Despite short-term challenges, Endava's strong culture, low attrition, and founder-led management provide a competitive edge and potential for long-term growth. Endava's valuation suggests significant upside, with potential for a doubling of the share price if growth and margins improve as expected. Read the full article on Seeking Alpha
Seeking Alpha Oct 13

Endava: Management Is Also Responsible For Value Deterioration

Summary Endava faces a temporary slowdown and higher operating costs but offers high potential returns if demand rebounds, warranting a "Hold" recommendation. The company specializes in digital strategy and software engineering, with a significant client base in the financial sector, notably Mastercard. Management’s capital allocation and cost decisions have led to value destruction, with a significant decline in EPS and free cash flow. Despite challenges, conservative estimates and a CEO with significant ownership suggest potential, but management improvements are crucial for shareholder value. Read the full article on Seeking Alpha
Analysis Article Oct 13

Positive Sentiment Still Eludes Endava plc (NYSE:DAVA) Following 26% Share Price Slump

The Endava plc ( NYSE:DAVA ) share price has fared very poorly over the last month, falling by a substantial 26%. For...
Analysis Article Sep 22

Endava plc Just Missed Earnings - But Analysts Have Updated Their Models

One of the biggest stories of last week was how Endava plc ( NYSE:DAVA ) shares plunged 20% in the week since its...
Seeking Alpha Aug 14

Endava In No Hurry To Cut Costs As Revenue Declines

Summary Endava provides technology and business consulting services globally. Despite potential growth in its markets, Endava's financial trends show negative operating income and declining revenue. Management's incremental response to the need to reduce costs, coupled with macroeconomic uncertainty and a pricey stock valuation, lead me to be Bearish on DAVA. Read the full article on Seeking Alpha
Analysis Article Jul 18

Endava plc's (NYSE:DAVA) 29% Price Boost Is Out Of Tune With Earnings

Endava plc ( NYSE:DAVA ) shareholders would be excited to see that the share price has had a great month, posting a 29...
Analysis Article Jul 13

Is Endava plc (NYSE:DAVA) Potentially Undervalued?

Endava plc ( NYSE:DAVA ), is not the largest company out there, but it saw a significant share price rise of 27% in the...
Seeking Alpha Jun 19

Argosy Investors - Endava: Now Is An Interesting Time To Add DAVA

Summary IT services offer high returns on capital and have evolved to focus on customer-facing activities such as custom application development. Endava's project-based engagements make it more sensitive to economic cycles compared to legacy IT providers, experiencing a post-COVID hangover. Despite challenges, Endava's potential for double-digit growth in the next five years makes its current low multiple of 15x earnings an attractive investment opportunity. Read the full article on Seeking Alpha
Analysis Article Jun 18

Is Endava plc (NYSE:DAVA) Trading At A 44% Discount?

Key Insights The projected fair value for Endava is US$43.94 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article May 31

We Think You Can Look Beyond Endava's (NYSE:DAVA) Lackluster Earnings

Soft earnings didn't appear to concern Endava plc's ( NYSE:DAVA ) shareholders over the last week. We think that the...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Insufficient data to determine if DAVA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DAVA's dividend payments have been increasing.


Dividend Yield vs Market

Endava Dividend Yield vs Market
How does DAVA dividend yield compare to the market?
SegmentDividend Yield
Company (DAVA)n/a
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (IT)3.3%
Analyst forecast (DAVA) (up to 3 years)0%

Notable Dividend: Unable to evaluate DAVA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DAVA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate DAVA's payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as DAVA has not reported any payouts.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/12 07:26
End of Day Share Price 2026/05/12 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Endava plc is covered by 16 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tyler DuPontBofA Global Research
Christopher SvenssonDeutsche Bank
Yu LeeGuggenheim Securities, LLC