Navan’s (NAVN) Buy Rating Reiterated at BTIG Research

Navan (NASDAQ:NAVN)‘s stock had its “buy” rating reissued by research analysts at BTIG Research in a research note issued on Thursday, Benzinga reports. They presently have a $30.00 price target on the stock. BTIG Research’s target price suggests a potential upside of 15.87% from the company’s previous close.

Several other analysts have also recently issued reports on NAVN. Mizuho upped their price objective on Navan from $25.00 to $30.00 and gave the stock an “outperform” rating in a report on Thursday, June 11th. Jefferies Financial Group raised their target price on shares of Navan from $18.00 to $26.00 and gave the company a “buy” rating in a report on Thursday, June 11th. Oppenheimer upped their price target on shares of Navan from $30.00 to $35.00 and gave the company an “outperform” rating in a research note on Thursday, August 27th. Citigroup reiterated an “outperform” rating on shares of Navan in a research report on Thursday, June 11th. Finally, Morgan Stanley boosted their target price on shares of Navan from $25.00 to $33.00 and gave the stock an “overweight” rating in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Navan has an average rating of “Moderate Buy” and a consensus price target of $30.71.

Navan Trading Down 2.8%

Shares of Navan stock opened at $25.89 on Thursday. Navan has a twelve month low of $8.10 and a twelve month 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. The business has a 50-day moving average price of $27.25 and a 200-day moving average price of $19.84. The firm has a market cap of $6.58 billion and a price-to-earnings ratio of -12.04.

Navan (NASDAQ:NAVN) last posted its earnings results on Wednesday, September 9th. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.17. The firm had revenue of $232.79 million during the quarter. Equities research analysts anticipate that Navan will post -0.37 EPS for the current fiscal year.

Insider Buying and Selling

In related 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 transaction of $20,398,000.00. Following the transaction, the insider directly owned 3,761,089 shares in the company, valued at approximately $75,221,780. This represents a 21.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Arif Janmohamed sold 1,019,900 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $20.00, for a total transaction of $20,398,000.00. Following the completion of the sale, the director directly owned 3,761,089 shares of the company’s stock, valued at approximately $75,221,780. The trade was a 21.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 5,481,362 shares of company stock valued at $113,690,219. Company insiders own 63.39% of the company’s stock.

Hedge Funds Weigh In On Navan

Several hedge funds have recently bought and sold shares of NAVN. Integrated Wealth Concepts LLC bought a new stake in shares of Navan during the second quarter worth $25,000. Corient Private Wealth LP bought a new position in shares of Navan in the second quarter worth about $1,310,000. California State Teachers Retirement System increased its stake in Navan by 1,523.7% in the 2nd quarter. California State Teachers Retirement System now owns 32,864 shares of the company’s stock worth $752,000 after buying an additional 30,840 shares during the period. Orion Capital Management LLC bought a new stake in Navan during the 2nd quarter valued at about $54,000. Finally, EMC Capital Management bought a new stake in Navan during the 2nd quarter valued at about $114,000.

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

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.