Navan (NASDAQ:NAVN) Given New $31.00 Price Target at TD Cowen

Navan (NASDAQ:NAVN) had its price objective reduced by stock analysts at TD Cowen from $34.00 to $31.00 in a research note issued on Thursday, Benzinga reports. The firm presently 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.

NAVN has been the subject of a number of other research reports. Rosenblatt Securities lifted their target price on Navan from $27.00 to $29.00 and gave the stock a “buy” rating in a report on Thursday. Citizens Jmp upped their price objective on Navan from $31.00 to $38.00 and gave the company a “market outperform” rating in a research note on Thursday, June 11th. BNP Paribas Exane upped their price target on shares of Navan from $27.00 to $30.00 and gave the company an “outperform” rating in a research report on Monday, July 13th. Weiss Ratings upgraded Navan from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday, June 12th. Finally, Oppenheimer boosted their target price on shares of Navan from $30.00 to $35.00 and gave the company an “outperform” rating in a report on Thursday, August 27th. 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $30.50.

Navan Stock Down 23.2%

NAVN stock opened at $19.89 on Thursday. Navan has a 1-year low of $8.10 and a 1-year high of $30.88. The business’s 50 day simple moving average is $27.25 and its 200 day simple moving average is $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 capitalization of $5.06 billion and a PE ratio of -9.47.

Navan (NASDAQ:NAVN) last posted its earnings results on Wednesday, September 9th. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.17. The company had revenue of $232.79 million for the quarter. The firm’s revenue was up 35.4% on a year-over-year basis. As a group, research analysts anticipate that Navan will post -0.37 EPS for the current year.

Insider Activity

In related news, major shareholder Lightspeed Venture Partners Se sold 8,983 shares of the company’s stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $25.36, for a total transaction of $227,808.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Ilan Twig sold 24,726 shares of Navan stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $21.06, for a total transaction of $520,729.56. Following the transaction, the chief technology officer directly owned 805,860 shares in the company, valued at $16,971,411.60. This represents a 2.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 5,481,362 shares of company stock worth $113,690,219. Company insiders own 63.39% of the company’s stock.

Institutional Investors Weigh In On Navan

Several institutional investors have recently added to or reduced their stakes in the business. Lightspeed Management Company L.L.C. bought a new position in Navan during the fourth quarter worth about $852,658,000. a16z Capital Management L.L.C. purchased a new stake in shares of Navan during the 4th quarter valued at approximately $464,497,000. Greenoaks Capital Partners LLC purchased a new stake in shares of Navan during the 4th quarter valued at approximately $274,088,000. Cosmic Management LLC bought a new position in Navan in the 4th quarter worth approximately $121,930,000. Finally, Napean Trading & Investment Co Singapore PTE Ltd bought a new position in Navan in the 4th quarter worth approximately $100,332,000.

Key Headlines Impacting 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.