Navan (NASDAQ:NAVN) Given New $17.00 Price Target at Oppenheimer

Navan (NASDAQ:NAVN) had its price objective cut by Oppenheimer from $25.00 to $17.00 in a report published on Thursday,Benzinga reports. They currently have an outperform rating on the stock.

A number of other brokerages have also recently issued reports on NAVN. Morgan Stanley reiterated an “overweight” rating and set a $20.00 target price on shares of Navan in a research report on Tuesday, December 16th. Citizens Jmp reaffirmed a “market outperform” rating and set a $25.00 price objective on shares of Navan in a research note on Tuesday, December 23rd. Weiss Ratings began coverage on shares of Navan in a report on Tuesday, January 27th. They set a “sell (d)” rating for the company. Jefferies Financial Group cut their target price on shares of Navan from $20.00 to $18.00 and set a “buy” rating for the company in a research note on Thursday. Finally, BMO Capital Markets boosted their target price on Navan from $13.00 to $15.00 and gave the stock an “outperform” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Navan has a consensus rating of “Moderate Buy” and a consensus target price of $21.50.

Navan Price Performance

Shares of NASDAQ:NAVN opened at $13.11 on Thursday. The company has a quick ratio of 4.49, a current ratio of 4.49 and a debt-to-equity ratio of 0.14. The company has a fifty day moving average of $10.87. Navan has a fifty-two week low of $8.10 and a fifty-two week high of $22.75. The company has a market capitalization of $3.26 billion and a PE ratio of -6.69.

Navan (NASDAQ:NAVN) last issued its quarterly earnings data on Wednesday, March 25th. The company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.24) by $0.26. The company had revenue of $177.92 million for the quarter. Navan’s revenue was up 34.8% compared to the same quarter last year.

Insider Activity at Navan

In other Navan news, CEO Ariel M. Cohen sold 151,007 shares of the stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $8.62, for a total transaction of $1,301,680.34. Following the sale, the chief executive officer owned 1,003,918 shares of the company’s stock, valued at $8,653,773.16. This represents a 13.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Ilan Ezra Twig sold 49,210 shares of the firm’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $8.62, for a total transaction of $424,190.20. Following the completion of the sale, the chief technology officer owned 538,012 shares of the company’s stock, valued at $4,637,663.44. The trade was a 8.38% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have acquired 2,245,628 shares of company stock worth $36,771,965 and have sold 245,597 shares worth $2,208,060.

Institutional Trading of Navan

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Royal Bank of Canada bought a new position in Navan in the 4th quarter worth approximately $35,000. California State Teachers Retirement System bought a new position in Navan in the 4th quarter valued at $39,000. Russell Investments Group Ltd. acquired a new stake in shares of Navan in the 4th quarter valued at $51,000. New York State Common Retirement Fund bought a new stake in shares of Navan during the fourth quarter worth $101,000. Finally, Strs Ohio bought a new stake in shares of Navan during the fourth quarter worth $113,000.

Trending Headlines about Navan

Here are the key news stories impacting Navan this week:

• Positive Sentiment: Q4 beat and cash‑flow/margin inflection — Navan reported $177.9M revenue (+34.8% YoY) and GAAP‑beat EPS with management highlighting ~1,100 bps of non‑GAAP margin expansion and the company’s first positive operating cash flow, a clear catalyst for improved investor sentiment. Navan Announces Fourth Quarter and Full Fiscal Year 2026 Results
• Positive Sentiment: Bullish FY27 revenue guide & product roadmap — Management guided roughly 24% revenue growth for FY2027 and emphasized AI product development (agentic booking/“TravelClaw”) and new‑customer onboarding as drivers of upside. These forward cues are supporting the rally. Travel tech firm Navan sees strong 2027 revenue
• Positive Sentiment: Options flow suggests short‑term bullish interest — Unusually large call buying was reported, signaling speculative or hedged bullish positioning ahead of/after the print. (No direct article link available.)
• Neutral Sentiment: Mixed analyst revisions — Multiple shops updated targets: Citi, Jefferies and Oppenheimer trimmed targets (still with Buy/Outperform stances), while BMO raised its target modestly. The revisions reflect model updates after results but leave consensus sentiment overall constructive. Analyst Coverage Roundup
• Neutral Sentiment: Institutional ownership and KPIs under review — Large 4Q institutional positions and analyst deep dives into unit economics/KPIs will shape medium‑term estimates; these are material but not immediate market movers. Earnings transcript & KPIs
• Negative Sentiment: Clustered class‑action litigation risk — Multiple law firms have filed or solicited lead‑plaintiff claims alleging omissions in the IPO registration materials; April 24 is the lead‑plaintiff deadline. Potential legal exposure and distraction raise uncertainty. NAVN SHAREHOLDER ALERT: Lawsuit Alleging IPO Omissions
• Negative Sentiment: Significant insider selling disclosed — CEO Ariel Cohen, CTO Ilan Twig and other executives reported sizeable share sales on March 20 (filed in Form 4s). Concentrated insider sales can weigh on sentiment despite routine explanations. SEC Form 4 (insider sales)
• Negative Sentiment: Analyst caution from some shops — A few firms (e.g., Rosenblatt) lowered expectations, highlighting remaining execution and margin risks despite the upside — a potential headwind for near‑term sentiment. Rosenblatt lowers expectations

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.