
Navan, Inc. (NAVN) Stock Forecast & Price Target
Navan, Inc. (NAVN) Analyst Ratings
Bulls say
Navan Inc reported a significant increase in key financial metrics for Q3, with usage revenue reaching $180 million and growing by 29% year-over-year, exceeding expectations driven by robust business travel bookings and new customer acquisitions. Additionally, the company achieved a Gross Booking Volume (GBV) of $2.6 billion, reflecting a 40% year-over-year growth, indicating strong market demand and operational success. Looking ahead, Navan's guidance for FY26 revenue is set between $685 million and $687 million, highlighting an optimistic outlook for continued revenue growth and the expansion of its enterprise customer base.
Bears say
Navan Inc faces a challenging outlook due to macroeconomic uncertainties, including the impact of pandemics and the rise of remote work models, which could lead to reduced global booking volumes and declining revenues. Despite experiencing growth in top-line revenue and improving margins, the company remains unprofitable, with significant dependency on transaction-based revenue that is vulnerable to economic downturns and travel disruptions. Furthermore, competitive pressures from both legacy and new entrants integrating AI and automation could erode Navan's market differentiation, prompting adjustments to revenue and non-GAAP EPS forecasts for fiscal years 2026 to 2028.
This aggregate rating is based on analysts' research of Navan, Inc. and is not a guaranteed prediction by Public.com or investment advice.
Navan, Inc. (NAVN) Analyst Forecast & Price Prediction
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