Endava is expected to report Q4 2026 revenue of $248.2 million and adjusted EPS of $0.15, with shares currently trading near $3.21 against a $5.57 average analyst price target. Investors are primarily focused on management's FY2027 outlook and signs of stabilization in the Banking and Capital Markets vertical, which has been hampered by significant project delays. The company is aggressively pivoting toward an "AI-native" delivery model, which grew to represent 15% of total revenue in the previous quarter despite broader macroeconomic headwinds.
Following a substantial non-cash goodwill impairment reported in Q3, the market is looking for evidence that the sales pipeline is finally converting into billable revenue and that margins are beginning to recover from recent lows.