Jefferies Financial Group Lowers Navan (NASDAQ:NAVN) Price Target to $18.00

Navan (NASDAQ:NAVN) had its target price cut by equities research analysts at Jefferies Financial Group from $20.00 to $18.00 in a report released on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 47.42% from the company’s previous close.

Other research analysts have also recently issued research reports about the stock. Weiss Ratings initiated coverage on shares of Navan in a research note on Tuesday, January 27th. They set a “sell (d)” rating for the company. Needham & Company LLC reiterated a “buy” rating on shares of Navan in a research note on Monday, December 15th. Citizens Jmp reissued a “market outperform” rating and issued a $25.00 target price on shares of Navan in a report on Tuesday, December 23rd. Citigroup decreased their price target on Navan from $26.00 to $21.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $20.00 price target on shares of Navan in a research report on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Navan has an average rating of “Moderate Buy” and an average target price of $21.58.

Navan Stock Performance

Shares of NAVN stock opened at $12.21 on Thursday. Navan has a 52-week low of $8.10 and a 52-week high of $22.75. The firm has a market cap of $3.04 billion and a PE ratio of -6.23. The company has a current ratio of 4.49, a quick ratio of 4.49 and a debt-to-equity ratio of 0.14. The firm has a fifty day simple moving average of $10.82.

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

Insider Activity

In other news, CTO Ilan Ezra Twig sold 49,210 shares of the stock in a transaction on Friday, March 20th. The stock was sold at an average price of $8.62, for a total transaction of $424,190.20. Following the sale, the chief technology officer owned 538,012 shares in the company, valued at approximately $4,637,663.44. This represents a 8.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Anne Mary Giviskos sold 31,150 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $9.52, for a total value of $296,548.00. Following the completion of the sale, the insider owned 74,940 shares of the company’s stock, valued at approximately $713,428.80. This trade represents a 29.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders acquired 2,245,628 shares of company stock worth $36,771,965 and sold 245,597 shares worth $2,208,060.

Institutional Inflows and Outflows

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

More Navan News

Here are the key news stories impacting Navan this week:

• Positive Sentiment: Q4 beat and bullish guidance — Navan reported revenue of $177.9M (+34.8% YoY) and GAAP EPS that topped expectations; management guided roughly 24% revenue growth for FY2027, which prompted the midweek rally. Read More.
• Positive Sentiment: Fresh buy-side support — The Goldman Sachs team raised its price target (from $22 to $23) and maintained a buy rating, adding institutional endorsement after the results. Read More.
• Neutral Sentiment: Analyst and KPI digestion — Research outlets are parsing unit economics, margins and cash‑flow details from the call; these model adjustments will affect forward estimates but aren’t a single decisive driver today. Read More.
• Negative Sentiment: Wave of class‑action notices — Multiple law firms have filed or are soliciting plaintiffs alleging omissions in the company’s IPO materials; April 24 is the lead‑plaintiff deadline, creating legal risk and headline noise. Read More.
• Negative Sentiment: Clustered insider selling — Several senior officers disclosed share sales (forms filed for March 20 trades), which markets often interpret as a cautionary signal during a volatile run. Read More.
• Negative Sentiment: Mixed analyst moves — While some shops raised targets, several sell‑side firms trimmed price targets after the report (Oppenheimer, Jefferies, Citi adjustments referenced), adding conflicting signals for traders. Read More.

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.