Endava (DAVA)

• Market cap: $814M
• 1 day: 1.39%
• 5 days: 7.60%
• 1 month: -7.16%
• 3 months: -7.84%
• 6 months: -45.05%
• Year to date: -54.48%
• 1 year: -56.38%
• 5 years: -75.21%
• 10 years: -44.92%
• 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 UK and it continues to generate the majority of revenue in the UK and Europe. Endava's client base is concentrated in the payments and financial services, technology, media, and telecom industries.

Employees: 11,365

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

4% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 48

19% less call options, than puts

Call options by funds: $1.56M | Put options by funds: $1.93M

20% less funds holding

Funds holding: 155 [Q1] → 124 (-31) [Q2]

20% less funds holding in top 10

Funds holding in top 10: 5 [Q1] → 4 (-1) [Q2]

29% less capital invested

Capital invested by funds: $683M [Q1] → $483M (-$200M) [Q2]

32.39% less ownership

Funds ownership: 85.82% [Q1] → 53.43% (-32.39%) [Q2]

81% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 36

Research analyst outlook

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

• Low target: $14 1% upside
• Avg. target: $19 37% upside
• High target: $25 80% upside

4 analyst ratings

• positive: 2 50%
• neutral: 2 50%
• negative: 0 0%

JP Morgan Puneet Jain	22% upside $17	Neutral Maintained	20 Aug 2025
Deutsche Bank Nate Svensson	1% upside $14	Hold Reinstated	17 Jul 2025
Guggenheim Jonathan Lee	80% upside $25	Buy Reiterated	10 Jun 2025
Needham Mayank Tandon	44% upside $20	Buy Maintained	10 Jun 2025