Navan (NASDAQ:NAVN) Price Target Cut to $18.00 by Analysts at Jefferies Financial Group

Navan (NASDAQ:NAVN) had its target price lowered by stock analysts at Jefferies Financial Group from $20.00 to $18.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group’s target price indicates a potential upside of 48.04% from the stock’s previous close.

Several other equities research analysts have also commented on NAVN. Zacks Research upgraded shares of Navan to a “hold” rating in a research note on Friday, December 26th. Morgan Stanley reiterated an “overweight” rating and set a $20.00 price objective on shares of Navan in a research report on Tuesday, December 16th. Weiss Ratings began coverage on Navan in a research report on Tuesday, January 27th. They issued a “sell (d)” rating on the stock. The Goldman Sachs Group cut their target price on Navan from $30.00 to $22.00 and set a “buy” rating on the stock in a research note on Wednesday, January 28th. Finally, BMO Capital Markets boosted their price target on Navan from $13.00 to $15.00 and gave the stock an “outperform” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Navan currently has a consensus rating of “Moderate Buy” and an average price target of $22.17.

Navan Stock Performance

Shares of NAVN traded up $3.01 during midday trading on Thursday, hitting $12.16. 9,174,294 shares of the stock traded hands, compared to its average volume of 1,855,012. The company’s 50 day simple moving average is $10.90. The company has a market capitalization of $3.02 billion and a price-to-earnings ratio of -6.20. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.49 and a quick ratio of 4.49. Navan has a 1-year low of $8.10 and a 1-year high of $22.75.

Navan (NASDAQ:NAVN) last released its quarterly earnings data on Wednesday, March 25th. The company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.26. The firm had revenue of $177.92 million during the quarter. The business’s revenue was up 34.8% on a year-over-year basis.

Insider Buying and Selling

In other news, insider Anne Mary Giviskos sold 31,150 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $9.52, for a total value of $296,548.00. Following the completion of the transaction, the insider directly owned 74,940 shares in the company, valued at $713,428.80. This trade represents a 29.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President Michael Eric Sindicich sold 9,349 shares of the firm’s stock in a transaction that occurred on Wednesday, January 28th. The shares were sold at an average price of $13.86, for a total transaction of $129,577.14. Following the transaction, the president owned 310,514 shares in the company, valued at $4,303,724.04. This represents a 2.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders acquired 2,705,462 shares of company stock worth $43,931,580 and sold 245,597 shares worth $2,208,060.

Institutional Trading of Navan

Institutional investors have recently modified their holdings of the company. Royal Bank of Canada acquired a new position in Navan during the fourth quarter worth about $35,000. California State Teachers Retirement System acquired a new stake in Navan in the 4th quarter valued at about $39,000. Russell Investments Group Ltd. acquired a new stake in Navan in the 4th quarter valued at about $51,000. New York State Common Retirement Fund bought a new position in shares of Navan during the 4th quarter valued at about $101,000. Finally, Strs Ohio acquired a new position in shares of Navan in the 4th quarter worth approximately $113,000.

Key Headlines Impacting Navan

Here are the key news stories impacting Navan this week:

• Positive Sentiment: Q4 beat, margin expansion and first positive operating cash flow — Navan reported $177.9M revenue (+34.8% YoY) and EPS of $0.02 (beating estimates). Management highlighted ~1,100 bps of non‑GAAP margin expansion and positive operating cash flow, the primary catalyst behind the stock rally. Read More.
• Positive Sentiment: Bullish FY27 revenue guide — Navan guided roughly 24% revenue growth for fiscal 2027, citing strong demand from new enterprise onboarding, which pushed investor expectations above Street models. Read More.
• Positive Sentiment: Analyst upgrade/target lift — BMO raised its price target to $15 and set an “outperform,” providing incremental sell‑side support. Read More.
• Positive Sentiment: Unusual bullish options activity — Call buying spiked (2,220 calls, ~+173% vs. typical), indicating some traders are positioning for further upside in the near term.
• Positive Sentiment: Product roadmap — Navan is advancing AI features (an “agentic” TravelClaw layer) that could lift revenue per client and retention over time. Read More.
• Neutral Sentiment: Analysts and KPI reads — Firms are digging into unit economics, margins and customer metrics from the call; these deeper model adjustments will drive next‑stage revisions but aren’t immediate market movers. Read More.
• Negative Sentiment: Clustered insider selling — CEO Ariel Cohen, CTO Ilan Twig and other executives disclosed sizable sales (March 20 filings), which can concern investors about insiders reducing exposure. Read More.
• Negative Sentiment: Class‑action litigation risk — Multiple firms have filed or solicited lead‑plaintiff claims tied to Navan’s IPO disclosures; April 24 is the lead‑plaintiff deadline, adding legal and execution risk. Read More.
• Negative Sentiment: Mixed analyst tone — some shops (e.g., Rosenblatt) have lowered expectations, which could limit follow‑through buying despite the beat and guidance. Read More.

Navan Company Profile

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.