Navan (NASDAQ:NAVN) Given New $29.00 Price Target at Rosenblatt Securities

Posted by Stanley Muller on Sep 10th, 2026

Navan (NASDAQ:NAVN – Get Free Report) had its target price increased by equities research analysts at Rosenblatt Securities from $27.00 to $29.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Rosenblatt Securities’ target price suggests a potential upside of 12.01% from the company’s current price.

A number of other equities analysts have also issued reports on the company. The Goldman Sachs Group raised Navan from a “buy” rating to a “buy” rating in a report on Monday, June 8th. Mizuho boosted their price target on Navan from $25.00 to $30.00 and gave the stock an “outperform” rating in a research report on Thursday, June 11th. Bank of America increased their price target on Navan from $26.00 to $34.00 and gave the stock a “buy” rating in a research note on Wednesday, September 2nd. BMO Capital Markets lifted their price objective on shares of Navan from $22.00 to $30.00 and gave the company an “outperform” rating in a research note on Thursday, June 11th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $30.00 price objective on shares of Navan in a report on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Navan currently has a consensus rating of “Moderate Buy” and an average target price of $30.71.

Read Our Latest Stock Report on NAVN

Navan Stock Down 2.8%

NAVN stock opened at $25.89 on Thursday. The stock has a market cap of $6.58 billion and a PE ratio of -12.04. The firm’s 50-day simple moving average is $27.25 and its 200 day simple moving average is $19.84. Navan has a fifty-two week low of $8.10 and a fifty-two week high of $30.88. The company has a quick ratio of 4.31, a current ratio of 4.31 and a debt-to-equity ratio of 0.10.

Navan (NASDAQ:NAVN – Get Free Report) last posted its earnings results on Wednesday, September 9th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.17. The firm had revenue of $232.79 million for the quarter. As a group, sell-side analysts predict that Navan will post -0.37 EPS for the current year.

Insider Activity at Navan

In other Navan news, major shareholder Lightspeed Venture Partners Se sold 1,019,900 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $20.00, for a total value of $20,398,000.00. Following the completion of the sale, the insider directly owned 3,761,089 shares of the company’s stock, valued at approximately $75,221,780. This represents a 21.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Ariel M. Cohen sold 225,000 shares of the firm’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $30.14, for a total transaction of $6,781,500.00. Following the transaction, the chief executive officer owned 1,086,242 shares of the company’s stock, valued at approximately $32,739,333.88. This trade represents a 17.16% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 5,481,362 shares of company stock valued at $113,690,219 over the last 90 days. 63.39% of the stock is currently owned by corporate insiders.

Institutional Trading of Navan

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. bought a new stake in Navan during the fourth quarter worth approximately $56,848,000. UBS Group AG acquired a new position in shares of Navan in the 4th quarter worth $9,125,000. Geode Capital Management LLC acquired a new stake in shares of Navan during the fourth quarter worth $18,192,000. Seven Grand Managers LLC purchased a new stake in shares of Navan during the fourth quarter valued at $1,708,000. Finally, Norges Bank acquired a new position in shares of Navan in the 4th quarter valued at $34,160,000.

Trending Headlines about Navan

Here are the key news stories impacting Navan this week:

Positive Sentiment: Navan exceeded quarterly expectations. Fiscal Q2 revenue was $232.79 million, while adjusted earnings were $0.05 per share versus the consensus estimate of a $0.12 loss. The company also reported continued customer and corporate-travel demand growth. Navan Acquires BoomPop, Lifts Outlook as 2Q Loss Narrows
Positive Sentiment: Management raised its revenue outlook. Fiscal 2027 revenue guidance increased to $927 million-$933 million, above the $909.2 million analyst consensus. Third-quarter revenue is expected at $253 million-$255 million, also ahead of the $248.1 million consensus. Navan Raises 2027 Outlook After Strong Q2 Results
Positive Sentiment: Navan acquired BoomPop, an AI-powered meetings and events platform. The deal expands Navan beyond business travel and expense management into event planning, venue sourcing, contracts, payments and group travel. Terms were not disclosed. Navan Acquires BoomPop
Positive Sentiment: A technology partnership with Engine will add capabilities for hotel flexibility and group travel, potentially broadening Navan’s product offering and customer value. Navan, Engine Announce Strategic Technology Partnership
Neutral Sentiment: Unusually heavy options activity included purchases of 3,105 call contracts, roughly 195% above typical volume. This indicates increased speculative interest but does not establish a fundamental price direction.
Negative Sentiment: The stock’s negative reaction suggests investors were more concerned about rising costs, acquisition-related spending and the execution risks of rapid expansion than about the earnings beat and higher forecast. Navan Beats Estimates, Raises Forecast; Shares Tumble on Cost Concerns

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.