Navan (NASDAQ:NAVN) Price Target Raised to $30.00 at Mizuho

Navan (NASDAQ:NAVN) had its target price hoisted by analysts at Mizuho from $25.00 to $30.00 in a report released on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Mizuho’s target price would indicate a potential upside of 43.75% from the company’s previous close.

Other equities analysts also recently issued research reports about the stock. Rosenblatt Securities raised their price objective on shares of Navan from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Monday. The Goldman Sachs Group raised shares of Navan from a “buy” rating to a “buy” rating in a report on Monday. Oppenheimer raised their price objective on shares of Navan from $20.00 to $28.00 and gave the stock an “outperform” rating in a report on Friday, June 5th. BTIG Research raised their price objective on shares of Navan from $26.00 to $30.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Morgan Stanley raised their target price on shares of Navan from $25.00 to $33.00 and gave the stock an “overweight” rating in a research note on Thursday. One equities research 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 issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $26.36.

Navan Stock Performance

NAVN opened at $20.87 on Thursday. The company has a current ratio of 4.07, a quick ratio of 4.07 and a debt-to-equity ratio of 0.10. The company has a market cap of $5.23 billion and a price-to-earnings ratio of -9.99. The company’s 50 day moving average is $17.26 and its 200 day moving average is $14.48. Navan has a 12-month low of $8.10 and a 12-month high of $23.53.

Navan (NASDAQ:NAVN) last posted its quarterly earnings data on Wednesday, June 10th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.20. The business had revenue of $220.23 million during the quarter. The company’s quarterly revenue was up 39.8% on a year-over-year basis. On average, equities research analysts predict that Navan will post -0.33 EPS for the current year.

Insiders Place Their Bets

In other Navan news, President Michael Eric Sindicich sold 51,169 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $20.20, for a total transaction of $1,033,613.80. Following the sale, the president owned 549,251 shares in the company, valued at approximately $11,094,870.20. This trade represents a 8.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Ilan Ezra Twig sold 49,210 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $8.62, for a total transaction of $424,190.20. Following the sale, the chief technology officer owned 538,012 shares in the company, valued at approximately $4,637,663.44. The trade was a 8.38% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 253,592 shares of company stock worth $2,778,500. Company insiders own 63.39% of the company’s stock.

Institutional Investors Weigh In On Navan

Several institutional investors and hedge funds have recently modified their holdings of the stock. Royal Bank of Canada purchased a new position in shares of Navan in the fourth quarter worth $35,000. California State Teachers Retirement System purchased a new position in shares of Navan in the fourth quarter worth $39,000. Russell Investments Group Ltd. purchased a new position in shares of Navan in the fourth quarter worth $51,000. Sunbelt Securities Inc. purchased a new position in shares of Navan in the first quarter worth $71,000. Finally, New York State Common Retirement Fund purchased a new position in shares of Navan in the fourth quarter worth $101,000.

More Navan News

Here are the key news stories impacting Navan this week:

• Positive Sentiment: Navan reported first-quarter EPS of $0.08, beating the consensus estimate for a loss, while revenue came in at $220.23 million, up 39.8% year over year and above expectations. Navan Earnings Report
• Positive Sentiment: The company raised FY2027 revenue guidance to $907 million-$913 million, well ahead of Wall Street estimates, and also guided Q2 revenue above consensus, signaling continued momentum. Navan Stock Soars On Q1 Earnings Beat, Raised Guidance
• Positive Sentiment: Management said gross booking volume rose 50% year over year and highlighted accelerating growth and enterprise traction, which supports the bullish reaction. Navan Announces First Quarter Fiscal Year 2027 Results
• Neutral Sentiment: Navan also announced product progress, including AI agent integrations with Gemini Enterprise and its “Navan Anywhere” offering, which may help long-term positioning but is less of a near-term earnings driver. Navan Integrates AI Agents into Gemini Enterprise

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.