Navan (NASDAQ:NAVN – Get Free Report) had its target price hoisted by Bank of America from $20.00 to $26.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Bank of America‘s price target would suggest a potential upside of 24.58% from the stock’s current price.
NAVN has been the topic of several other reports. Oppenheimer increased their price objective on shares of Navan from $20.00 to $28.00 and gave the company an “outperform” rating in a report on Friday, June 5th. BMO Capital Markets upped their price target on shares of Navan from $22.00 to $30.00 and gave the stock an “outperform” rating in a research report on Thursday. Morgan Stanley raised their price target on shares of Navan from $25.00 to $33.00 and gave the company an “overweight” rating in a research note on Thursday. Jefferies Financial Group reiterated a “buy” rating and issued a $26.00 price objective on shares of Navan in a report on Thursday. Finally, Citigroup reiterated an “outperform” rating on shares of Navan in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $27.00.
View Our Latest Stock Analysis on NAVN
Navan Stock Up 0.9%
Navan (NASDAQ:NAVN – Get Free Report) last announced its earnings results on Wednesday, June 10th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.20. The business had revenue of $220.23 million for the quarter. The business’s revenue for the quarter was up 39.8% on a year-over-year basis. On average, analysts anticipate that Navan will post -0.33 EPS for the current fiscal year.
Insider Transactions at Navan
In other Navan news, President Michael Eric Sindicich sold 51,169 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $20.20, for a total value of $1,033,613.80. Following the completion of the sale, the president owned 549,251 shares in the company, valued at approximately $11,094,870.20. This represents a 8.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Ilan Ezra Twig sold 49,210 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $8.62, for a total transaction of $424,190.20. Following the completion of the transaction, the chief technology officer directly owned 538,012 shares in the company, valued at $4,637,663.44. This trade represents a 8.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 253,592 shares of company stock valued at $2,778,500. Corporate insiders own 63.39% of the company’s stock.
Institutional Investors Weigh In On Navan
Several hedge funds and other institutional investors have recently made changes to their positions in NAVN. SG Americas Securities LLC purchased a new position in Navan during the fourth quarter worth approximately $270,000. FNY Investment Advisers LLC purchased a new stake in Navan in the 4th quarter valued at $115,000. Lunate Capital Ltd acquired a new stake in shares of Navan in the 4th quarter worth $3,416,000. OVERSEA CHINESE BANKING Corp Ltd purchased a new position in shares of Navan during the 4th quarter worth $256,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Navan during the 4th quarter worth $257,000.
Key Navan News
Here are the key news stories impacting Navan this week:
- Positive Sentiment: Navan posted Q1 results that beat expectations on both revenue and EPS, with revenue up 39.8% year over year and EPS of $0.08 versus expectations for a loss. The company also raised FY2027 revenue guidance above Wall Street estimates. Navan Announces First Quarter Fiscal Year 2027 Results
- Positive Sentiment: Analysts turned more bullish after the print, with Mizuho, BTIG, and BMO all lifting price targets to $30 and maintaining positive ratings, reinforcing the view that recent execution is better than expected.
- Positive Sentiment: Management said gross bookings surged 50% and enterprise demand remained strong, while the company cited accelerating growth and continued customer momentum. Navan raises revenue forecast amid enterprise client growth, strong demand
- Neutral Sentiment: Navan is also highlighting new AI-related product initiatives, including Gemini Enterprise integration and “Navan Anywhere,” which may support longer-term growth but are not an immediate financial catalyst. Navan Integrates AI Agents into Gemini Enterprise
- Negative Sentiment: One caution for investors is valuation: after the rally, Navan trades at a rich multiple, and some analysts say much of the growth is already priced in. A note from Seeking Alpha also pointed out that card and payment volume growth is lagging the core travel business, which could limit upside if expansion slows. Navan’s Q1 Growth Impresses, But Valuation Is Very Expensive
About Navan
Navan (NASDAQ: NAVN) is a technology company that provides an integrated platform for corporate travel, expense management and business payments. The company combines online travel booking and itinerary management with expense reporting, corporate card services and payment processing to help organizations consolidate travel and T&E (travel and expense) workflows into a single system. Navan emphasizes a mobile-first user experience, automated reconciliation and policy controls to simplify administrative processes for finance and travel teams while improving the experience for travelers.
Navan’s offerings typically include online and mobile travel booking, real-time traveler support and duty-of-care features, automated expense capture and reporting, corporate card and virtual card issuance, and tools for payments and invoice management.
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