Navan’s (NAVN) “Buy” Rating Reiterated at Needham & Company LLC

Posted by George Bondi on Jun 22nd, 2026

Navan (NASDAQ:NAVN – Get Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Needham & Company LLC in a research report issued on Monday,Benzinga reports. They currently have a $30.00 target price on the stock. Needham & Company LLC’s price objective would indicate a potential upside of 38.50% from the stock’s previous close.

A number of other brokerages have also recently commented on NAVN. Morgan Stanley raised their target price on Navan from $25.00 to $33.00 and gave the stock an “overweight” rating in a report on Thursday, June 11th. Jefferies Financial Group boosted their price target on Navan from $18.00 to $26.00 and gave the company a “buy” rating in a report on Thursday, June 11th. Bank of America upped their price target on Navan from $20.00 to $26.00 and gave the stock a “buy” rating in a research report on Thursday, June 11th. The Goldman Sachs Group raised Navan from a “buy” rating to a “buy” rating in a research note on Monday, June 8th. Finally, Oppenheimer set a $30.00 price objective on Navan in a research note on Thursday, June 11th. 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 company’s stock. According to data from MarketBeat, Navan currently has an average rating of “Moderate Buy” and an average price target of $28.64.

Get Our Latest Stock Analysis on Navan

Navan Stock Performance

NAVN stock traded down $0.25 during midday trading on Monday, reaching $21.66. 4,474,430 shares of the company’s stock traded hands, compared to its average volume of 3,043,453. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.10. Navan has a 52-week low of $8.10 and a 52-week high of $24.50. The stock has a market cap of $5.51 billion and a P/E ratio of -10.07. The stock’s 50-day moving average is $18.43 and its 200 day moving average is $14.74.

Navan (NASDAQ:NAVN – Get Free Report) last issued its quarterly earnings results on Wednesday, June 10th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.20. The business had revenue of $220.23 million for the quarter. The business’s revenue was up 39.8% on a year-over-year basis. As a group, analysts anticipate that Navan will post -0.37 EPS for the current year.

Insider Buying and Selling at Navan

In other news, President Michael Eric Sindicich sold 51,169 shares of the company’s 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 completion of the transaction, the president owned 549,251 shares of the company’s stock, valued at $11,094,870.20. This represents a 8.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Arif Janmohamed sold 77,323 shares of the stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $19.06, for a total value of $1,473,776.38. Following the sale, the director owned 2,280,989 shares of the company’s stock, valued at $43,475,650.34. This represents a 3.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 5,051,169 shares of company stock valued at $100,937,907 over the last ninety days. 63.39% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Navan

Institutional investors have recently added to or reduced their stakes in the stock. Lightspeed Management Company L.L.C. purchased a new stake in Navan during the fourth quarter valued at $852,658,000. a16z Capital Management L.L.C. purchased a new position in shares of Navan in the 4th quarter worth $464,497,000. Greenoaks Capital Partners LLC bought a new stake in shares of Navan in the 4th quarter worth about $274,088,000. Cosmic Management LLC purchased a new stake in shares of Navan during the 4th quarter valued at about $121,930,000. Finally, Napean Trading & Investment Co Singapore PTE Ltd purchased a new stake in shares of Navan during the 4th quarter valued at about $100,332,000.

Navan Company Profile

(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.