Endava PLC shares surge 4.63% to $16.16 on June 4, with an average target price of $23.15 and an estimated GF Value of $56.35 in one year. The stock has been trading 53.76% below its 52-week high and 15.39% above its 52-week low.

Shares of Endava PLC surged 4.63% on June 4, reaching an intraday high of $16.25 and settling at $16.16. The stock is now 53.76% below its 52-week high and 15.39% above its 52-week low. Analysts forecast an average target price of $23.15, implying an upside of 43.33% from the current price. The estimated GF Value for Endava PLC in one year is $56.35, suggesting a potential upside of 248.81% from the current price.

Shares of Endava PLC surged 4.63% on June 4, reaching an intraday high of $16.25 and settling at $16.16. This significant gain follows a series of challenging quarters for the digital transformation services provider. The stock is currently trading at 53.76% below its 52-week high and 15.39% above its 52-week low, reflecting the market's cautious optimism about the company's prospects.

Analysts have recently revised their target prices for Endava PLC, suggesting a more favorable outlook. The average target price for the stock stands at $23.15, implying an upside of 43.33% from the current price [1]. This positive sentiment is further bolstered by the estimated GF Value for Endava PLC, which is projected to reach $56.35 in one year, indicating a potential upside of 248.81% from the current price [3].

Despite the recent surge, Endava PLC continues to face headwinds. The company's third-quarter results and fourth-quarter guidance for fiscal 2025 missed FactSet consensus, with large deals in the pipeline being delayed [1]. This delay has led to a 15% cut in the fair value estimate, underscoring the challenges in executing large projects [1].

The stock's performance has been influenced by both positive and negative signals. While a buy signal was issued from a pivot bottom point on May 23, 2025, the stock also holds a general sell signal from the long-term average, indicating a mixed market sentiment [2]. Additionally, the stock's volatility and risk profile are high, with a daily average volatility of 4.91% and a "very high risk" designation [2].

Endava PLC's stock price is expected to move within a range of $14.74 to $16.66 for the upcoming trading day, with a possible trading interval of +/-$0.96 (+/-6.11%) up or down from the last closing price [2]. Given the stock's proximity to support at $15.64, the trading risk/reward profile is considered attractive, suggesting potential profit opportunities before the stock reaches resistance at $16.28.

In conclusion, while Endava PLC's stock price has seen a significant uptick, the company continues to navigate challenging market conditions. Analysts' revised target prices and GF Value estimates suggest a potential upside, but the stock's high risk profile and ongoing execution challenges must be closely monitored.

References:

[1] https://www.morningstar.com/stocks/xnys/dava/quote
[2] https://stockinvest.us/stock/DAVA
[3] https://www.gurufocus.com/news/2910846/victorias-secret-vsco-target-price-lowered-by-barclays-vsco-stock-news