What smart money is saying about Endava
1 fund in our archive has pitched Endava, most recently Night Watch IM in December 2025.
Endava plc provides technology services for clients in the consumer products, healthcare, mobility, and retail verticals in Europe, Latin America, North America, and internationally. The company offers technology and digital advisory services for payments and financial services, and TMT sectors; IT strategies; business analysis services; program management services; digital product strategy services; and architecture, extended reality, machine learning and artificial intelligence, product design, and user experience and visual design services. It also engages in the identifying, defining, and embedding collaborative data and analytics; and provision of automated testing, cloud native software engineering, continuous delivery, distributed agile delivery, intelligent automation, secure development, agile applications management, cloud infrastructure, DevSecOps, service delivery, smart desk, and telemetry and monitoring services. The company was founded in 2000 and is headquartered in London, the United Kingdom.
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Position history
Between Q2 2025 and Q4 2025, 1 fund letter reported a position in Endava, with no move described.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q4 2025 | 0 | 0 | 0 | 1 |
| Q2 2025 | 1 | 0 | 0 | 0 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 1 position
- June 2025
“Shares of IT services provider Endava plc declined 21.5% in the second quarter due to a continuation of soft demand trends. Organic revenue fell modestly in the recent quarter due to a slowdown in new projects. Management trimmed their revenue outlook to reflect slower pipeline conversion and incremental currency impacts. We remain invested because we expect these headwinds to abate over time, leading to better growth as clients return to investing in digital transformation.”
Endava
Fund coverage · 1 thesis
- Night Watch IMDecember 2025
Endava is an IT services firm that could return to growth as AI projects ramp, with potential 10% margins and a valuation implying about 3x P/E upon stabilization.
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