DAVA Forecast + Trading Strategies


Bullish Case: Analyst upgrades and potential EPS beat on May 23 coupled with improved AI forecast could trigger a short-term rebound. DCF shows undervaluation.


Bearish Case: DAVA's recent steep decline and negative price momentum, along with a flat implied volatility term structure, suggests continued bearish sentiment.


Potential Outcomes: Short-term price drop (65%), slight rebound post-earnings (20%), significant rebound (15%). Conjectured on historical correlations and current volatility trends.


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May 21, 2024


Endava plc Forecast

DAVA        Endava plc
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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