Navan (NASDAQ:NAVN) Hits New 1-Year Low – Should You Sell?

Shares of Navan, Inc. (NASDAQ:NAVN) hit a new 52-week low during trading on Tuesday . The stock traded as low as $12.60 and last traded at $13.00, with a volume of 535465 shares trading hands. The stock had previously closed at $14.64.

Analysts Set New Price Targets

NAVN has been the topic of a number of recent analyst reports. BNP Paribas set a $24.00 price target on shares of Navan in a research report on Monday, November 24th. Citizens Jmp initiated coverage on shares of Navan in a research note on Monday, November 24th. They issued a “market outperform” rating and a $25.00 target price on the stock. Rosenblatt Securities reiterated a “buy” rating and issued a $30.00 target price on shares of Navan in a report on Friday, December 12th. BTIG Research assumed coverage on shares of Navan in a report on Monday, November 24th. They set a “buy” rating and a $26.00 price target for the company. Finally, Mizuho started coverage on Navan in a research note on Monday, November 24th. They issued an “outperform” rating and a $25.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating and twelve have assigned a Buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $24.92.

Navan Stock Performance

Navan (NASDAQ:NAVN) last posted its quarterly earnings data on Monday, December 15th. The company reported ($4.58) earnings per share (EPS) for the quarter.

About Navan

Travel is more than just getting from point A to point B; it’s the lifeblood of connection in the modern business world. It’s about forging those critical in-person relationships with clients and partners, sparking innovation through team collaboration, and empowering employees to grow and succeed. These moments matter, and they demand a travel experience worthy of their importance.