Endava: Priced For Stagnation Or Obsolescence

Core View - Globant (GLOB) experienced a significant stock decline of 30% following a modest earnings miss and lowered guidance, indicating potential challenges in its operational performance [1] Company Analysis - The recent performance of Globant mirrors that of Endava (DAVA), suggesting a broader trend or issue within the sector [1] - The analyst emphasizes the importance of experience in understanding diverse business models and market dynamics, which can be crucial for evaluating companies like Globant [1] Industry Context - The analyst's extensive background includes analyzing various industries such as airlines, oil, retail, mining, fintech, and e-commerce, highlighting the interconnectedness of these sectors and their macroeconomic influences [1] - Historical crises, including the dot-com bubble and the COVID-19 pandemic, have shaped the current investment landscape, affecting companies like Globant and their market strategies [1]