Endava plc Price & Performance (DAVA)

Endava plc stock touched a new 52-week low of $16.60 this week, reflecting a sharp decline in sentiment. The company’s shares have dropped over 42% in the past year, with revenue contraction and margin pressures cited as key concerns. Analysts remain split, with a consensus rating of 'Moderate Buy.'123

Despite Endava’s recent earnings miss and a steep drop in share price, analysts continue to assign a 'Moderate Buy' rating. The average price target stands at $39.10, nearly double current levels. Institutional investors still hold significant stakes, indicating some confidence in the company’s long-term prospects.435

Endava’s market capitalization has slipped to around $1 billion as its stock price hovers near multi-year lows. The company’s price-to-sales ratio is now well below the industry average, signaling skepticism about future growth. However, some see this as a potential buying opportunity if Endava can stabilize performance.612