Navan (NASDAQ:NAVN) Price Target Lowered to $31.00 at TD Cowen

Navan (NASDAQ:NAVN) had its price objective dropped by TD Cowen from $34.00 to $31.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. TD Cowen’s target price suggests a potential upside of 55.88% from the stock’s current price.

Several other research firms have also recently issued reports on NAVN. BNP Paribas Exane upped their price target on Navan from $27.00 to $30.00 and gave the company an “outperform” rating in a report on Monday, July 13th. The Goldman Sachs Group upgraded Navan from a “buy” rating to a “buy” rating in a research report on Monday, June 8th. Morgan Stanley lifted their price target on Navan from $25.00 to $33.00 and gave the stock an “overweight” rating in a research note on Thursday, June 11th. Citizens Jmp upped their price objective on shares of Navan from $31.00 to $38.00 and gave the company a “market outperform” rating in a research note on Thursday, June 11th. Finally, Bank of America boosted their target price on shares of Navan from $26.00 to $34.00 and gave the company a “buy” rating in a research note on Wednesday, September 2nd. One research 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. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $30.50.

Navan Price Performance

NAVN opened at $19.89 on Thursday. Navan has a twelve month low of $8.10 and a twelve month high of $30.88. The company has a fifty day simple moving average of $27.25 and a 200 day simple moving average of $19.84. The company has a current ratio of 4.31, a quick ratio of 4.31 and a debt-to-equity ratio of 0.10. The firm has a market cap of $5.06 billion and a price-to-earnings ratio of -9.47.

Navan (NASDAQ:NAVN) last released its quarterly earnings data on Wednesday, September 9th. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.17. The business had revenue of $232.79 million during the quarter. Navan’s quarterly revenue was up 35.4% on a year-over-year basis. Equities research analysts expect that Navan will post -0.37 EPS for the current fiscal year.

Insider Buying and Selling at Navan

In other news, major shareholder Lightspeed Venture Partners Se sold 8,983 shares of the stock in a transaction that occurred on Wednesday, July 8th. The stock was sold at an average price of $25.36, for a total value of $227,808.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Ilan Twig sold 24,726 shares of the business’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $21.06, for a total transaction of $520,729.56. Following the completion of the transaction, the chief technology officer owned 805,860 shares in the company, valued at approximately $16,971,411.60. This trade represents a 2.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 5,481,362 shares of company stock worth $113,690,219 in the last 90 days. 63.39% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Navan

Large investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC bought a new stake in Navan in the second quarter valued at about $25,000. Royal Bank of Canada acquired a new position in shares of Navan during the 4th quarter worth about $35,000. California State Teachers Retirement System bought a new stake in shares of Navan in the 4th quarter valued at about $39,000. Orion Capital Management LLC acquired a new stake in shares of Navan in the 2nd quarter valued at approximately $54,000. Finally, Russell Investments Group Ltd. acquired a new stake in shares of Navan in the 4th quarter valued at approximately $51,000.

Trending Headlines about Navan

Here are the key news stories impacting Navan this week:

• Positive Sentiment: Quarterly results exceeded expectations. Navan reported fiscal second-quarter revenue of $232.8 million, up 35.4% year over year, and earnings of $0.05 per share versus the consensus estimate of a $0.12 loss. Navan quarterly earnings report
• Positive Sentiment: Navan raised its outlook. Fiscal 2027 revenue guidance increased to $927 million-$933 million, above the $909.2 million analyst consensus, while third-quarter revenue guidance of $253 million-$255 million also exceeded expectations. The company additionally raised its fiscal-year earnings guidance. Navan raises outlook
• Positive Sentiment: Analyst sentiment remains favorable. BTIG Research reaffirmed its Buy rating with a $30 price target, while Rosenblatt Securities raised its target from $27 to $29 and assigned a Buy rating. These targets imply further upside from the current trading level.
• Positive Sentiment: Strategic expansion could broaden Navan’s growth opportunity. The company acquired AI-powered events platform BoomPop, expanding into meetings and events, and announced a technology partnership with Engine to add hotel flexibility and group-travel capabilities. Navan acquires BoomPop
• Neutral Sentiment: Unusually heavy call-option activity accompanied the earnings release, with 3,105 calls purchased—about 195% above typical volume—indicating increased speculative interest but not guaranteeing continued gains.
• Negative Sentiment: Cost concerns are limiting the market’s reaction. Despite the earnings beat and improved forecast, reports indicate investors are focused on higher expenses associated with growth initiatives, including the BoomPop acquisition and global expansion. That concern has pressured the stock after the announcement. Navan earnings and cost concerns

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.