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Why Endava Stock Was Tanking on Tuesday


(NYSE: DAVA) stock was going through quite a slog on Tuesday, as investors disseminated the company's latest quarterly results and obviously found them wanting. In mid-session trading that day, the shares were down a queasy 25%-plus in price, at a point when the S 500 (SNPINDEX: ^GSPC) was rising by 0.3%.

For the first quarter of its fiscal 2026, U.K.-based Endava posted revenue of just over 178 million British pounds ($234 million), which was down by almost 9% year over year.

Image source: Getty Images.

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Source Fool.com

Endava plc ADR ADR Stock

€2.56
0.370%
Endava plc ADR ADR gained 0.370% compared to yesterday.
We see a rather positive sentiment for Endava plc ADR ADR with 8 Buy predictions and 1 Sell predictions.
With a target price of 6 € there is potential for a 134.38% increase which would mean more than doubling the current price of 2.56 € for Endava plc ADR ADR.
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