Navan (NASDAQ:NAVN) Price Target Lowered to $20.00 at Rosenblatt Securities

Navan (NASDAQ:NAVN) had its price target decreased by Rosenblatt Securities from $30.00 to $20.00 in a research report report published on Monday,Benzinga reports. Rosenblatt Securities currently has a buy rating on the stock.

Other equities research analysts have also issued reports about the company. Morgan Stanley reiterated an “overweight” rating and issued a $20.00 price objective on shares of Navan in a research report on Tuesday, December 16th. Jefferies Financial Group set a $20.00 target price on Navan in a report on Tuesday, December 16th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $25.00 price target on shares of Navan in a research note on Tuesday, December 23rd. Citigroup started coverage on shares of Navan in a report on Monday, November 24th. They issued a “buy” rating and a $26.00 price target on the stock. Finally, BNP Paribas Exane set a $24.00 price objective on shares of Navan in a research report on Monday, November 24th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $22.58.

Navan Price Performance

Shares of NASDAQ:NAVN opened at $8.89 on Monday. The firm’s 50-day simple moving average is $11.21. The stock has a market cap of $2.21 billion and a P/E ratio of -4.54. The company has a debt-to-equity ratio of 0.14, a quick ratio of 4.49 and a current ratio of 4.49. Navan has a 1 year low of $8.10 and a 1 year high of $22.75.

Insider Buying and Selling

In other news, major shareholder Horowitz Lsv Fund I. Andreessen bought 466,058 shares of the firm’s stock in a transaction dated Friday, January 2nd. The stock was purchased at an average price of $16.27 per share, with a total value of $7,582,763.66. Following the transaction, the insider owned 7,789,538 shares of the company’s stock, valued at approximately $126,735,783.26. The trade was a 6.36% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Benjamin A. Horowitz bought 466,058 shares of the firm’s stock in a transaction dated Friday, January 2nd. The stock was purchased at an average cost of $16.27 per share, with a total value of $7,582,763.66. Following the transaction, the director directly owned 7,789,538 shares in the company, valued at approximately $126,735,783.26. This represents a 6.36% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders have acquired 3,040,500 shares of company stock worth $49,235,232 and have sold 43,174 shares worth $463,174.

Hedge Funds Weigh In On Navan

Several institutional investors and hedge funds have recently added to or reduced their stakes in NAVN. Royal Bank of Canada bought a new stake in shares of Navan during the 4th quarter valued at $35,000. California State Teachers Retirement System bought a new position in shares of Navan in the 4th quarter worth about $39,000. Russell Investments Group Ltd. purchased a new position in Navan during the 4th quarter valued at about $51,000. New York State Common Retirement Fund purchased a new position in Navan during the 4th quarter valued at about $101,000. Finally, Strs Ohio bought a new stake in Navan during the fourth quarter worth about $113,000.

Key Navan News

Here are the key news stories impacting Navan this week:

• Positive Sentiment: Rosenblatt cut its price target to $20 (from $30) but kept a “buy” rating, still implying substantial upside versus the current share level — this preserves analyst bullishness despite lowered near‑term expectations. Rosenblatt price target note
• Neutral Sentiment: The procedural lead‑plaintiff deadline in the suits is April 24, 2026 — a timetable item that investors should monitor but that does not itself resolve exposure or dollar risk. Deadline alert
• Negative Sentiment: A securities class action has been filed alleging Navan and certain officers violated federal securities laws in connection with the IPO; this increases the risk of litigation costs, management distraction and potential future settlements. Bronstein class action notice
• Negative Sentiment: Hagens Berman alleges Navan’s IPO materials omitted a surge in sales & marketing expenses — if proven, such allegations could underpin damages claims and hurt investor confidence. Hagens Berman allegation
• Negative Sentiment: Multiple national plaintiffs’ firms (Faruqi & Faruqi, Berger Montague, Portnoy, Rosen, Schall, DJS and others) have filed notices or solicited investors to join or seek lead‑plaintiff roles — the volume of firms increases the visibility and momentum of litigation activity. Faruqi notice Berger Montague notice PR Newswire notice

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.