Needham analyst Mayank Tandon maintains $Endava (DAVA.US)$ with a buy rating, and adjusts the target price from $42 to $36.
According to TipRanks data, the analyst has a success rate of 47.1% and a total average return of 3.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Endava (DAVA.US)$'s main analysts recently are as follows:
After attending Endava's investor day event, an analyst highlighted the company's discussion on its business development over recent years and its strategy for sustained growth. The firm conveyed that despite the overall uneven demand, Endava's management is fortifying the company by diversifying its revenue sources and delivery capabilities, a process hastened by recent mergers and acquisitions. Additionally, the company is channeling investments into cutting-edge solutions, which are anticipated to propel growth when market demand stabilizes.
Endava's progress was clearly observed during the first quarter and the affirmation of the 2025 guidance was a crucial point. Improvement was noted among top clients, and despite some remaining choppiness, there is a formation of stability that is vital for a sustained recovery. The expectation of revenue acceleration in the second half of the year is likely to be a primary topic of discussion, although it's wise to assume that the demand backdrop will remain stable.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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Needham分析师Mayank Tandon维持$Endava (DAVA.US)$买入评级，并将目标价从42美元下调至36美元。
根据TipRanks数据显示，该分析师近一年总胜率为47.1%，总平均回报率为3.4%。
此外，综合报道，$Endava (DAVA.US)$近期主要分析师观点如下：
在参加endava的投资者日活动后，一位分析师强调了公司近年来在业务发展方面的讨论及其持续增长的策略。该公司传达出尽管整体需求不均，endava的管理层正在通过多元化营业收入来源和交付能力来巩固公司，这一过程因近期的并购而加快。此外，该公司正在投入资金于前沿解决方案，这些方案预计将在市场需求稳定时推动增长。
在第一季度，明显观察到endava的进展，2025年指导方针的确认是一个关键点。顶级客户的改善很明显，尽管仍然存在一些波动，但稳定的形成对持续恢复至关重要。预计下半年营业收入加速将成为讨论的主要话题，尽管假设需求背景将保持稳定是明智的。
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TipRanks提供每位分析师的星级，分析师星级代表分析师所有推荐的过往表现，通过分析师的总胜率和平均回报率综合计算得出，星星越多，则该分析师过往表现越优异，最高为5颗星。
分析师总胜率为近一年分析师的评级成功次数占总评级次数的比率。评级的成功与否，取决于TipRanks的虚拟投资组合是否从该股票中产生正回报。
总平均回报率为基于分析师的初始评级创建虚拟投资组合，并根据评级变化对组合进行调整，在近一年中该投资组合所获得的回报率。
