Navan (NASDAQ:NAVN) Releases Quarterly Earnings Results

Navan (NASDAQ:NAVN) issued its quarterly earnings results on Monday. The company reported ($4.58) earnings per share for the quarter, RTT News reports.

Navan Trading Up 0.6%

Shares of NAVN stock traded up $0.09 during midday trading on Monday, reaching $14.64. 1,932,180 shares of the company traded hands, compared to its average volume of 1,629,927. Navan has a 1-year low of $13.18 and a 1-year high of $22.75.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on NAVN. BTIG Research initiated coverage on shares of Navan in a research note on Monday, November 24th. They issued a “buy” rating and a $26.00 target price for the company. Citizens Jmp began coverage on shares of Navan in a research report on Monday, November 24th. They issued a “market outperform” rating and a $25.00 price objective for the company. JMP Securities set a $25.00 target price on Navan in a research report on Monday, November 24th. The Goldman Sachs Group began coverage on Navan in a report on Monday, November 24th. They issued a “buy” rating and a $29.00 price target for the company. Finally, Oppenheimer started coverage on Navan in a report on Monday, November 24th. They set an “outperform” rating and a $25.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating and twelve have issued a Buy rating to the company’s stock. According to data from MarketBeat, Navan has an average rating of “Buy” and a consensus target price of $25.23.

Navan Company Profile

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.