FactSet Surveyed Analysts Rate Endava as Outperform

Summary

According to FactSet, analysts have an average rating of ‘Overweight’ for Endava, with an average price target of $23.08 as of June 10, 2025.Trading View

Impact Analysis

The event is a company-level event focusing on Endava’s stock rating by analysts. Recent data shows that the average rating is ‘Overweight’, but there has been a slight decrease in the average target price from $23.60 to $23.08, indicating a marginal decrease in optimism or reassessment of the company’s prospects.Trading View This could be due to a series of mixed reports: JPMorgan maintained a ‘Neutral’ rating with an $18.00 target price, Cowen downgraded Endava from ‘Buy’ to ‘Hold’ with a $17.00 target price, and Susquehanna adjusted its target from $50.00 to $42.00 while maintaining a ‘Positive’ rating.Market Beat+ 2 Overall, the analysts have mixed feelings about Endava, as evidenced by varied ratings and adjustments in price targets. While some analysts maintain a buy or positive outlook, others recommend holding shares or have set lower price targets. This diversity of opinion presents both opportunities and risks. Opportunities could involve buying Endava shares at potentially undervalued prices if the lower price targets are overly pessimistic, while risks include further downgrades or reduced price targets if the company fails to meet expectations or experiences market challenges.