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DAVA
Benzinga
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Endava Analysts Cut Their Forecasts After Q4 Results

1. Endava's Q4 earnings beat estimates at 32 cents per share. 2. Sales of $249.310 million missed estimates by $0.64 million. 3. FY2026 adjusted EPS forecasted at $1.11-$1.27, above market estimates. 4. AI initiatives show progress, with over half of staff using AI. 5. Analysts adjusted price targets, mostly down, reflecting cautious outlook.

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FAQ

Why Neutral?

Endava's strong earnings beat is countered by lower sales and cautious outlook, resulting in mixed signals for investors.

How important is it?

The mix of positive earnings news and negative sales figures, along with AI focus, provides a significant but nuanced impact on DAVA's price.

Why Short Term?

Q4 results and immediate analyst ratings suggest a short-term focus, but systemic issues may persist longer.

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