Navan (NASDAQ:NAVN) Hits New 52-Week Low – Here’s Why

Navan, Inc. (NASDAQ:NAVN)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $13.70 and last traded at $13.91, with a volume of 180815 shares traded. The stock had previously closed at $14.66.

Wall Street Analysts Forecast Growth

Several analysts recently commented on NAVN shares. BNP Paribas Exane initiated coverage on Navan in a research report on Monday, November 24th. They set an “outperform” rating and a $24.00 price target for the company. BNP Paribas set a $24.00 target price on shares of Navan in a report on Monday, November 24th. Loop Capital upgraded shares of Navan to a “strong-buy” rating in a research report on Monday, November 24th. Citigroup began coverage on shares of Navan in a research note on Monday, November 24th. They issued a “buy” rating and a $26.00 price target on the stock. Finally, Oppenheimer started coverage on shares of Navan in a research report on Monday, November 24th. They set an “outperform” rating and a $25.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating and twelve have given a Buy rating to the stock. According to data from MarketBeat, Navan has a consensus rating of “Buy” and an average price target of $25.23.

Navan Stock Performance

About Navan

Travel is more than just getting from point A to point B; it’s the lifeblood of connection in the modern business world. It’s about forging those critical in-person relationships with clients and partners, sparking innovation through team collaboration, and empowering employees to grow and succeed. These moments matter, and they demand a travel experience worthy of their importance.