Navan, Inc. (NASDAQ:NAVN) Receives Consensus Rating of “Buy” from Brokerages

Shares of Navan, Inc. (NASDAQ:NAVN) have received a consensus recommendation of “Buy” from the thirteen brokerages that are covering the firm, MarketBeat.com reports. Twelve equities research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is $24.9231.

A number of research analysts have recently weighed in on the company. JMP Securities set a $25.00 target price on Navan in a report on Monday, November 24th. BNP Paribas Exane started coverage on Navan in a report on Monday, November 24th. They set an “outperform” rating and a $24.00 price objective for the company. Citizens Jmp reiterated a “market outperform” rating and issued a $25.00 target price on shares of Navan in a research note on Tuesday. The Goldman Sachs Group assumed coverage on Navan in a research note on Monday, November 24th. They set a “buy” rating and a $29.00 price objective on the stock. Finally, 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 on the stock.

Insider Transactions at Navan

In other news, Director Benjamin A. Horowitz bought 240,835 shares of Navan stock in a transaction that occurred on Friday, December 19th. The shares were acquired at an average price of $14.70 per share, with a total value of $3,540,274.50. Following the completion of the purchase, the director directly owned 6,266,946 shares in the company, valued at $92,124,106.20. The trade was a 4.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, major shareholder Horowitz Fund V. L. Andreessen acquired 240,835 shares of the business’s stock in a transaction dated Friday, December 19th. The stock was purchased at an average price of $14.70 per share, with a total value of $3,540,274.50. Following the completion of the acquisition, the insider directly owned 6,266,946 shares in the company, valued at approximately $92,124,106.20. This represents a 4.00% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders purchased 1,484,790 shares of company stock valued at $19,976,620.

Key Headlines Impacting Navan

Here are the key news stories impacting Navan this week:

• Positive Sentiment: Navan was added to the Russell 3000® and Russell 2000® indexes, which typically boosts demand from index funds and passive investors. Navan Joins Russell Indexes
• Positive Sentiment: Andreessen Horowitz (a16z) funds purchased roughly $9.3M of NAVN stock, signaling institutional conviction that can attract other buyers. a16z Purchases Navan Stock
• Positive Sentiment: Multiple insiders and a major shareholder disclosed purchases totaling several million dollars, which investors often view as a bullish signal about management’s outlook. Insider Buying Reports
• Positive Sentiment: Citizens Jmp reaffirmed a “market outperform” rating and set a $25 price target, implying substantial upside from current levels and providing an analyst endorsement for buyers. Citizens Jmp Reaffirms Rating
• Neutral Sentiment: Navan’s Q3 earnings call highlighted strong growth and AI-driven product momentum but also called out new operational and market challenges — a mixed message that supports growth expectations but introduces execution risk. Earnings Call Highlights — TipRanks
• Negative Sentiment: Recent quarterly results showed a sizeable GAAP loss per share, which keeps profitability concerns front-and-center and may limit multiple expansion despite the positive headlines. Q3 Earnings Call Highlights

Navan Price Performance

Shares of Navan stock opened at $15.90 on Friday. Navan has a one year low of $11.76 and a one year high of $22.75.

Navan (NASDAQ:NAVN) last posted its quarterly earnings results on Monday, December 15th. The company reported ($4.58) earnings per share (EPS) for the quarter.

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.