Navan (NASDAQ:NAVN) Price Target Raised to $30.00 at BMO Capital Markets

Navan (NASDAQ:NAVNGet Free Report) had its price target raised by equities researchers at BMO Capital Markets from $22.00 to $30.00 in a research report issued to clients and investors on Thursday. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ target price would suggest a potential upside of 43.75% from the company’s current price.

A number of other brokerages have also issued reports on NAVN. Citigroup reiterated an “outperform” rating on shares of Navan in a research note on Thursday. Bank of America began coverage on Navan in a report on Tuesday, April 7th. They issued a “buy” rating and a $17.00 price target on the stock. Jefferies Financial Group reissued a “buy” rating and issued a $26.00 price target on shares of Navan in a report on Thursday. The Goldman Sachs Group raised Navan from a “buy” rating to a “buy” rating in a report on Monday. Finally, BTIG Research boosted their price target on Navan from $26.00 to $30.00 and gave the stock a “buy” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Navan has an average rating of “Moderate Buy” and a consensus target price of $25.43.

View Our Latest Analysis on NAVN

Navan Trading Up 0.9%

NASDAQ:NAVN opened at $20.87 on Thursday. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.07 and a quick ratio of 4.07. The firm has a market capitalization of $5.23 billion and a price-to-earnings ratio of -9.99. Navan has a one year low of $8.10 and a one year high of $23.53. The business has a fifty day moving average price of $17.26 and a 200-day moving average price of $14.48.

Navan (NASDAQ:NAVNGet Free Report) last posted its quarterly earnings data on Wednesday, June 10th. The company reported $0.08 EPS for the quarter, topping the consensus estimate of ($0.12) by $0.20. The company had revenue of $220.23 million during the quarter. The firm’s revenue for the quarter was up 39.8% compared to the same quarter last year. Sell-side analysts forecast that Navan will post -0.33 EPS for the current year.

Insider Transactions at Navan

In other news, President Michael Eric Sindicich sold 51,169 shares of Navan stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $20.20, for a total value of $1,033,613.80. Following the sale, the president directly owned 549,251 shares of the company’s stock, valued at approximately $11,094,870.20. The trade was a 8.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ariel M. Cohen sold 151,007 shares of Navan stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $8.62, for a total value of $1,301,680.34. Following the completion of the sale, the chief executive officer directly owned 1,003,918 shares in the company, valued at $8,653,773.16. This trade represents a 13.08% 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. 63.39% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Navan

Several large investors have recently made changes to their positions in the company. Lightspeed Management Company L.L.C. bought a new stake in shares of Navan in the fourth quarter worth about $852,658,000. a16z Capital Management L.L.C. purchased a new position in Navan in the fourth quarter worth about $464,497,000. Greenoaks Capital Partners LLC purchased a new position in Navan in the fourth quarter worth about $274,088,000. Cosmic Management LLC purchased a new position in Navan in the fourth quarter worth about $121,930,000. Finally, Napean Trading & Investment Co Singapore PTE Ltd purchased a new position in Navan in the fourth quarter worth about $100,332,000.

More Navan News

Here are the key news stories impacting Navan this week:

  • Positive Sentiment: Navan reported first-quarter EPS of $0.08, beating the consensus estimate for a loss, while revenue came in at $220.23 million, up 39.8% year over year and above expectations. Navan Earnings Report
  • Positive Sentiment: The company raised FY2027 revenue guidance to $907 million-$913 million, well ahead of Wall Street estimates, and also guided Q2 revenue above consensus, signaling continued momentum. Navan Stock Soars On Q1 Earnings Beat, Raised Guidance
  • Positive Sentiment: Management said gross booking volume rose 50% year over year and highlighted accelerating growth and enterprise traction, which supports the bullish reaction. Navan Announces First Quarter Fiscal Year 2027 Results
  • Neutral Sentiment: Navan also announced product progress, including AI agent integrations with Gemini Enterprise and its “Navan Anywhere” offering, which may help long-term positioning but is less of a near-term earnings driver. Navan Integrates AI Agents into Gemini Enterprise

About Navan

(Get Free Report)

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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Analyst Recommendations for Navan (NASDAQ:NAVN)

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