DAVA Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: DAVA may benefit from increased demand for tech services, driving up pricing power. Historical trends show positive returns over 1-2 years, suggesting a rebound potential if market sentiment shifts favorably.




Bearish Case: Persistent flat growth and declining historical prices indicate potential continued weakness. High implied volatility in options suggests bearish sentiment and caution from investors ahead of upcoming earnings.




Potential Outcomes:

1) 30% chance of price rebound post positive earnings.

2) 50% chance of continued decline due to macroeconomic headwinds.

3) 20% chance of stabilization at current levels if broader market conditions improve.




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November 13, 2024


Endava plc Forecast

DAVA        Endava plc











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