dava stock: Endava plc (DAVA) Guide

This guide explains dava stock — the NYSE ADR for Endava plc — covering company overview, business model, financial and stock details, risks, recent developments and where to find up-to-date market...

2024-07-14 06:54:00

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DAVA (Endava plc)

dava stock is the ticker symbol for Endava plc’s sponsored American Depositary Receipt (ADR) program on the New York Stock Exchange. This article provides a comprehensive, neutral overview of Endava — its business model, history, operations, financial reporting, stock details and recent developments — and points readers to primary sources for timely market data. Readers will learn how Endava operates as a digital engineering and IT services firm, key industry exposures, commonly referenced financial metrics, and where to check real-time DAVA stock information.

Company overview

Endava plc is a digital engineering and IT services company headquartered in London. The company provides software engineering, digital transformation consulting, cloud and automation services to enterprise clients. Endava’s delivery model emphasizes long-term product and platform engineering partnerships, combining nearshore and offshore engineering centers with client onshore teams.

Core services commonly cited in public materials include:

Custom software and product engineering
Cloud-native engineering and cloud migration
DevOps and DevSecOps practices
Test automation and quality engineering
Data engineering, analytics and AI/ML initiatives

Endava serves a range of sectors including financial services and payments, technology and software, media and entertainment, telecommunications, and retail. The company positions itself around long-term partnerships rather than short-term projects, with a significant portion of revenue coming from recurring engagements and time-and-materials contracts.

As of 2026-01-28, according to Endava’s investor relations materials and public market summaries, Endava continues to emphasize expanding its engineering footprint across Europe and the Americas while deepening strategic relationships with cloud providers and enterprise clients.

History

Endava traces its origins to software services groups formed in the 2000s that progressively consolidated and rebranded as Endava. Key milestones include founding and early expansion in Eastern Europe, listing on the London Stock Exchange (LSE) in 2018, and launching a sponsored ADR program to list on the New York Stock Exchange under the ticker DAVA.

Notable timeline highlights (concise):

Early 2000s: Founding teams and regional engineering centers established in Eastern Europe.
2010s: International growth through organic expansion and targeted acquisitions to broaden service capabilities.
2018: Public listing (LSE) and subsequent steps to attract global investors.
ADR/NYSE listing: Endava’s sponsored ADRs trade under DAVA on the NYSE to provide U.S. investors with access to the company via a U.S.-listed instrument.

These steps reflect Endava’s evolution from a regional software services firm into a global digital engineering partner for large enterprises.

Business operations and services

Endava’s primary offerings center on software engineering and digital transformation. Delivery is typically organized around multi-year client engagements where engineering teams work as extensions of client product and technology groups.

Delivery and contract model

Time-and-materials contracts: Many client engagements operate on hourly or resource-based billing, aligned with agile development.
Nearshore and offshore centers: Endava maintains engineering centers across Eastern Europe, Latin America and other regions to provide cost-efficient resource pools with cultural and time-zone proximity to clients.
Outcome-oriented partnerships: Emphasis on long-term product engineering, platform development and managed services rather than one-off implementations.

Technical capabilities and initiatives

Cloud-native engineering and migration services
DevOps and DevSecOps pipelines and automation
Test automation and quality engineering
Data engineering and analytics, including machine learning proof-of-concepts and production models
Platform engineering for payments, trading systems, media platforms and e-commerce backends

Endava often packages capabilities into internal programs and labs for innovation, accelerating client adoption of cloud and emerging technologies.

Industry verticals and client base

Endava’s principal end-markets include:

Financial services and payments: Digital banking, payments platforms, trading systems and fintech partners.
Technology & software companies: Product engineering partnerships and platform development.
Media, entertainment & advertising: Content platforms, streaming services and ad tech.
Telecommunications: Network-supporting software and customer experience platforms.
Retail & consumer: E-commerce backends, loyalty platforms and omnichannel solutions.

Publicly available summaries and analyst coverage note that Endava works with a mix of large enterprises and mid-market technology firms. The company historically reported concentration with several large client relationships that represent meaningful portions of revenue; this is a common profile for digital engineering firms.

Strategic partnerships and initiatives

Endava’s public communications and coverage highlight partnerships with major cloud providers, commercial software vendors and industry consortia to accelerate client outcomes. Partnerships typically emphasize joint go-to-market activities, technical alignment (e.g., migration frameworks) and co-innovation in areas such as cloud-native development and AI/ML.

Internally, Endava runs innovation hubs and labs that showcase prototypes, platform accelerators and industry-specific solutions to speed client onboarding and reduce time-to-value. Such initiatives are often noted in investor presentations as differentiators that enable repeatable engineering patterns across clients and verticals.

Mergers, acquisitions and investments

Endava has pursued selective acquisitions and investments aimed at broadening technical capabilities, entering new geographies, or augmenting industry-specific expertise. Acquisitions are generally positioned as capability or footprint enhancers — for example, adding specialized teams in cloud, data or specific vertical domains.

When reviewing Endava’s acquisition history, note the typical rationale disclosed in press releases and investor filings: accelerate capability delivery, expand client relationships, and increase recurring revenue streams. For precise deal terms and impacts on revenue mix, consult Endava’s investor relations announcements and regulatory filings.

Corporate governance and leadership

Endava’s governance structure follows a typical public company model with a board of directors and an executive leadership team led by the chief executive officer. The board includes independent directors, and Endava publishes governance materials and committee charters through investor relations.

Senior management profiles and changes are reported in company disclosures; readers should consult Endava’s governance and leadership pages for up-to-date biographies, committee assignments and recent management transitions. As of 2026-01-28, company filings and investor updates remain the primary source for any leadership changes.

Financial information

Endava reports financial results on a regular cadence, typically quarterly and annually, with fiscal-year definitions and reporting schedules disclosed in investor materials. Public filings (e.g., annual reports and regulatory disclosures) provide the authoritative source for revenue, profitability, cash flow and balance sheet metrics.

Common financial themes for Endava and similar digital engineering firms include:

Revenue growth tied to expansion of engineering headcount and penetration into client accounts
Gross margin drivers influenced by geographic mix of delivery centers and utilization rates
Operating margin sensitivity to hiring, onboarding costs, and investments in growth initiatives
Free cash flow trends affected by working capital dynamics and capital expenditures for delivery expansion

Selected financial metrics

The metrics investors and analysts typically monitor for Endava include:

Market capitalization: the total public equity value (varies with share price)
Revenue and revenue growth: top-line sales and growth year-over-year
Gross margin and operating margin: profitability at production and operating levels
Earnings per share (EPS): on a reported and adjusted basis
Price-to-earnings (P/E) ratio: valuation multiple based on earnings
Free cash flow and cash conversion: measure of cash generation relative to earnings

As with any public company, these values change over time. For live figures, consult market data services and Endava’s investor relations disclosures. For example, as of 2026-01-28, financial data pages such as Yahoo Finance, Morningstar and Endava investor relations provide up-to-date revenue, margin and EPS figures; always verify the reporting date on the referenced page before citing a numeric value.

Stock information

The ticker DAVA represents Endava plc’s sponsored ADRs on the New York Stock Exchange. Each ADR reflects ownership of underlying ordinary shares listed elsewhere (the ADR program documentation details the ADR-to-ordinary share ratio and custodial arrangements). The NYSE listing increases accessibility for U.S. investors while Endava remains incorporated under U.K./foreign jurisdictional rules.

Key identifiers commonly referenced include the ticker symbol (DAVA), ISIN for the ADRs and the ordinary share identifiers listed on the company’s home exchange. Traders and investors should refer to the ADR prospectus or Endava’s investor relations for precise ADR-to-ordinary ratios and ISIN codes.

Trading characteristics

Exchange and trading hours: DAVA trades on NYSE during U.S. market hours; pre-market and after-hours liquidity can vary.
Sponsored ADR status: The ADR is sponsored by a depositary bank that issues ADRs representing underlying ordinary shares.
Liquidity: Average daily volume is a useful liquidity metric; consult market data providers for current volume and bid-ask spread information.

As of 2026-01-28, according to Yahoo Finance and TradingView, live quotes and historical price charts are available for the DAVA ticker to review intraday price action and traded volumes.

Share price history and performance

Endava’s share price has historically reflected broader sector trends (demand for digital transformation services), company-specific results, and macroeconomic conditions. Price history highlights often include periods of strong multiple expansion during rapid revenue growth and troughs during market sell-offs or growth slowdowns.

When reviewing historical performance, analysts and data providers commonly cite:

All-time high and timing: the calendar date and price at previous peaks
52-week high and low ranges: recent volatility window
Material drawdowns and recoveries: periods where the stock lost significant value or rebounded following new strategy or results

Sources such as Macrotrends and TradingView maintain long-run price series that can be used to construct historical performance narratives. For a recent snapshot, see market data pages as of the reporting date.

Dividends, share splits and corporate actions

Endava’s shareholder actions — including dividends, share splits, buybacks or ADR changes — are disclosed through company press releases and regulatory filings. Historically, technology and services companies of Endava’s profile have prioritized reinvesting in growth over regular dividends, but exact policies can change.

Investors tracking corporate actions should review Endava’s investor relations announcements and filings for any declarations of share repurchases, special dividends or ADR program modifications. Significant corporate actions materially affecting share count or shareholder value are always accompanied by detailed company disclosures.

Ownership and shareholder structure

Ownership of Endava typically includes a mix of institutional investors, insider holdings (board and management), and retail investors holding ADRs. Institutional ownership can be significant for U.K.-incorporated technology services firms and is often reported as a percentage of total shares outstanding in public market summaries.

Short interest and float dynamics may also be reported by market data services; these are useful to understand market sentiment and potential short-covering dynamics. For precise top-holder listings and insider transaction records, consult filings and aggregated data sources such as Morningstar and Simply Wall St.

Analyst coverage and market consensus

Endava receives coverage from sell-side analysts and independent research providers. Common items in analyst coverage include earnings forecasts, revenue growth models, and target prices or rating opinions.

Investor-facing summaries on sites like The Motley Fool, Morningstar and analyst reports provide consensus views, but consensus estimates and price targets change frequently. As of 2026-01-28, any single report should be read in the context of the latest company disclosures and market movements.

Note: This guide remains strictly informational and does not constitute an investment recommendation. Always check multiple sources and professional advice before making financial decisions.

Risks and controversies

Material risks for Endava reported in filings and analyst notes typically include:

Client concentration: reliance on a limited number of large enterprise clients can concentrate revenue risk.
Competition: global IT services and digital engineering is highly competitive; pricing and talent retention are continuous challenges.
Macro sensitivity: demand for digital transformation projects may slow in economic downturns, affecting new contract starts and hiring plans.
Talent and delivery risks: maintaining high utilization and low attrition in engineering teams is critical to margins.
Technology disruption: rapid changes in cloud, AI and platform technologies require continuous investment to maintain relevance.

Any public controversies, cybersecurity incidents or material regulatory inquiries are disclosed through official company statements and regulatory filings. Where such events have occurred, they are typically documented in investor relations materials and media coverage; always consult primary-source disclosures for verified details.

Legal proceedings and investor actions

Publicly reported litigation, regulatory inquiries or investor class actions, if any, are filed in company reports and regulatory filings. These materials provide the most reliable descriptions of claims, defenses and financial reserves related to disputes.

For accurate status and history of any legal matters affecting Endava, consult the company’s periodic filings and press releases. As of 2026-01-28, readers should refer to Endava’s investor relations and filings for any active legal proceedings.

References

Primary references used in composing this guide include market and financial data pages and Endava’s own investor communications. Representative sources to consult for verification (search the named sources by ticker or company name on their platforms):

Yahoo Finance (DAVA) — market quotes and key statistics
CNN Markets (DAVA) — snapshot coverage
Morningstar (DAVA) — analyst summaries and financial metrics
Endava investor relations — company filings, earnings releases and presentations
Robinhood (DAVA profile) — retail-oriented quote pages (for general reference)
The Motley Fool (coverage on Endava) — company articles and analysis
TradingView (NYSE:DAVA) — charts and technical data
Macrotrends (Endava price history) — long-term price series
Simply Wall St (Endava) — visualized fundamentals and ownership data
Finviz (DAVA) — summarized stock metrics and performance charts

As of 2026-01-28, these sources provide the latest available public data and commentary; always check the publication date on any page used.

External links

Endava corporate website and investor relations pages — primary source for filings, earnings releases and governance materials.
Market quote pages (e.g., Yahoo Finance, TradingView) for live DAVA stock quotes and historical charts.

Note: The above entries reference where to find information; no direct external hyperlinks are included in this article.

Notes for editors / content maintainers

Keep numeric financial metrics, market capitalization, share price history and analyst targets current. Always cite the publication date and source when updating numbers. For example: "As of 2026-01-28, according to Yahoo Finance..."
Distinguish clearly between company-provided disclosures (Endava investor relations and filings) and third-party market commentary (news articles, analyst reports).
When referring to the ADR program, avoid conflating ADRs with ordinary shares; state the ADR-to-ordinary ratio and ISIN explicitly when verified from the depositary agreement or investor relations materials.
Avoid offering investment advice or recommendations. Maintain neutral, factual tone and attribute any forecasts or price targets to their original analyst or publisher.

Where to trade and tools

For readers seeking to monitor or trade DAVA stock, market data and brokerage platforms provide live quotes and execution. If you use a web3 wallet for equities-related services or custody workflows, consider Bitget Wallet for secure key management and related features promoted by Bitget. For trading on centralized venues, Bitget provides market access and trading tools for equities and tokenized instruments (verify product availability and jurisdictional limitations with Bitget’s platform).

Further exploration: consult Endava investor relations, recent earnings materials, and the market data pages listed in the References section for up-to-date numeric details.

This article is informational and neutral. It is not investment advice. Confirm dates and numbers with primary sources before acting on the information provided.

The content above has been sourced from the internet and generated using AI. For high-quality content, please visit Bitget Academy.