Endava (DAVA)

• Market cap: $1.02B
• 1 day: -1.72%
• 5 days: -3.44%
• 1 month: -22.94%
• 3 months: -45.80%
• 6 months: -35.37%
• Year to date: -43.92%
• 1 year: -43.17%
• 5 years: -57.08%
• 10 years: -32.14%
• Sector: Technology
• Industry: Software - Infrastructure

About: Endava is a next-generation IT services company that primarily assists clients with their digital transformation efforts by creating customized software for them. The company was founded in 2006 in the U.K. and it continues to generate the majority of revenue in the U.K. and Europe. Endava's client base is concentrated in the payments and financial services, technology, media, and telecom industries.

Employees: 11,821

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

60% more funds holding in top 10

Funds holding in top 10: 5 [Q3] → 8 (+3) [Q4]

59% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 41

54% more call options, than puts

Call options by funds: $5.07M | Put options by funds: $3.29M

27% more capital invested

Capital invested by funds: $854M [Q3] → $1.09B (+$234M) [Q4]

4.34% more ownership

Funds ownership: 81.92% [Q3] → 86.26% (+4.34%) [Q4]

0% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 28

3% less funds holding

Funds holding: 157 [Q3] → 153 (-4) [Q4]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $35 105% upside
• Avg. target: $41 140% upside
• High target: $50 192% upside

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

Susquehanna James Friedman 25% 1-year accuracy 15 / 59 met price target	192% upside $50	Positive Maintained	21 Feb 2025
Needham Mayank Tandon 32% 1-year accuracy 37 / 114 met price target	122% upside $38	Buy Maintained	21 Feb 2025
Morgan Stanley James Faucette 46% 1-year accuracy 11 / 24 met price target	105% upside $35	Equal-Weight Maintained	31 Jan 2025