Deutsche Bank cuts target for Endava stock to USD 2.00

Published on 10/15/2026 at 21:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Endava's market value was USD 118.4 million on October 15, 2026. Endava stock costs EUR 1.86 at 9:07 p.m. CEST.

Analyst target and reporting date

On September 22, 2026, Deutsche Bank lowered its target from USD 3.00 to USD 2.00.
Endava's market capitalization was USD 118.4 million on October 15, 2026.
Endava stock costs EUR 1.86 at Lang & Schwarz on October 15, 2026 at 9:07 p.m. CEST.
Endava intends to publish fiscal 2026 results by November 2, 2026.

DAVA, US29260V1052, Illustration mit AI erstellt.

Deutsche Bank lowered its Endava target from USD 3.00 to USD 2.00 on September 22, 2026, according to MarketBeat. Against the NYSE quote of USD 2.08 on October 15, 2026 at 3:11 p.m. ET, the target lies 3.85 percent below the price. At Lang & Schwarz, Endava was trading at EUR 1.86 on October 15, 2026 at 9:07 p.m. CEST.

Market value stays below USD 120 million

Endava's market capitalization stood at USD 118.4 million on October 15, 2026. The company is listed on the NYSE under DAVA and operates in technology services, with software development and digital transformation among its core activities.

52-week range leaves room for volatility

The stock's 52-week range was USD 1.60 to USD 9.88 on October 15, 2026. The latest NYSE quote was USD 2.08, placing the stock 30.00 percent above its yearly low and 78.95 percent below its yearly high. The wide spread matters because the current level remains much nearer the low than the high.

Trading activity also remained below the longer-term average in the latest quote. Endava recorded 176,353 shares of volume against an average of 410,701 shares, while its negative P/E of minus 0.20 reflects the absence of positive trailing earnings.

November 2 sets the reporting deadline

Endava intends to publish its fiscal fourth-quarter and full-year 2026 results by November 2, 2026, according to StockTitan. The filing also states that the annual report for the year ended June 30, 2026 will follow the later-than-usual timetable.

Comparison with peers

DAVA (NYSE, USD): P/E minus 0.20, market capitalization USD 118.4 million

Accenture (NYSE, USD): plus 4.36 percent, P/E 16.57, market capitalization USD 137.3 billion

Cognizant Technology Solutions (Nasdaq, USD): plus 4.78 percent, P/E 14.10, market capitalization USD 29.5 billion

Endava stock stays near its yearly low

The combination of a USD 2.00 Deutsche Bank target, a USD 118.4 million market value and the USD 1.60 yearly low keeps the stock's risk profile firmly tied to the next reporting date.

The further course of trading is shown by the continuously updated real-time quote of Endava stock.