Why Endava (DAVA) Is Stuck Waiting For A Turn In IT Spending [Yahoo! Finance]
Endava plc American Depositary Shares (each representing one Class A Ordinary Share) (DAVA)
Last endava plc american depositary shares (each representing one class a ordinary share) earnings: 2/13 07:14 am
Check Earnings Report
Company Research
Source: Yahoo! Finance
On April 6, TD Cowen lowered the firm's price target on Endava plc (NYSE:DAVA) to $6 from $6.50 while maintaining a Hold rating, as part of a broader adjustment across the IT services group ahead of Q1 earnings. The firm noted expectations for “broadly uneventful” quarters across the sector, reflecting subdued client spending and limited near-term catalysts. This cautious outlook highlights ongoing pressure on discretionary IT budgets, particularly in areas tied to digital transformation projects, which have historically been a key growth driver for Endava. On March 30, 2026, Endava plc (NYSE:DAVA) reported its unaudited interim results for the six months ended December 31, 2025, showing revenue of £362.3 million, down from £390.6 million in the prior-year period. The company posted a pre-tax loss of £15.7 million and a net loss of £15.1 million attributable to shareholders, compared to profits in the prior year, as weaker gross margins and higher financing costs weighed on perform
Show less
Read more
Impact Snapshot
Event Time:
DAVA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DAVA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DAVA alerts
High impacting Endava plc American Depositary Shares (each representing one Class A Ordinary Share) news events
Weekly update
A roundup of the hottest topics
DAVA
News
- Endava Struggles As AI Pivot Pressures Margins, Growth Remains Elusive [Seeking Alpha]Seeking Alpha
- Endava (DAVA) had its "sell (d)" rating reaffirmed by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Endava (DAVA) had its price target lowered by TD Cowen from $6.50 to $6.00. They now have a "buy" rating on the stock.MarketBeat
- Argosy Investors adds DAVA, FND; exits NVO in Q4 [Seeking Alpha]Seeking Alpha
- Endava (NYSE:DAVA) had its price target lowered by analysts at JPMorgan Chase & Co. from $10.00 to $9.00. They now have a "neutral" rating on the stock.MarketBeat
DAVA
Earnings
- 2/19/26 - Beat
DAVA
Sec Filings
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- 4/2/26 - Form 4
- DAVA's page on the SEC website