Navan, Inc. (NASDAQ:NAVN) Given Average Rating of “Buy” by Analysts

Shares of Navan, Inc. (NASDAQ:NAVN) have been given a consensus recommendation of “Buy” by the thirteen ratings firms that are covering the company, Marketbeat Ratings reports. Twelve investment analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $24.9231.

Several research analysts have issued reports on the stock. Oppenheimer assumed coverage on shares of Navan in a report on Monday, November 24th. They set an “outperform” rating and a $25.00 price target for the company. Needham & Company LLC reiterated a “buy” rating on shares of Navan in a report on Monday. Mizuho started coverage on shares of Navan in a report on Monday, November 24th. They set an “outperform” rating and a $25.00 price objective for the company. Citigroup started coverage on Navan in a report on Monday, November 24th. They set a “buy” rating and a $26.00 price target for the company. Finally, BTIG Research started coverage on shares of Navan in a research note on Monday, November 24th. They issued a “buy” rating and a $26.00 price objective for the company.

Navan Trading Up 6.7%

Navan stock opened at $13.77 on Friday. Navan has a 1 year low of $11.76 and a 1 year high of $22.75.

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

Insider Buying and Selling

In related news, Director Anre D. Williams bought 100,000 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were purchased at an average cost of $12.72 per share, for a total transaction of $1,272,000.00. Following the completion of the purchase, the director directly owned 115,024 shares in the company, valued at $1,463,105.28. The trade was a 665.60% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

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.