B of A Securities Rates Navan (NAVN) buy, $26 Price Target

B of A Securities maintains a buy rating on Navan, Inc., setting a new price target of $26.00, a 29.35% upside from the current price.

By EarningsIQ Research Desk · Published Jun 12, 2026, 9:13 PM EDT · Updated Jun 16, 2026, 12:02 PM EDT

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B of A Securities rated Navan, Inc. ($NAVN) "buy" with a $26 price target on June 11, 2026.

Since the rating, $NAVN is down 3.2% after 1 week, up 15.5% after 1 month and up 12.2% to date (from the $22.63 close on Jun 11, 2026).

NAVN Navan, Inc.

$25.38 +56.18% year to date

Daily close · Oct 16, 2026

Key Points

B of A Securities reiterated its buy rating on Navan, Inc. with a new price target of $26.00 on June 11, 2026.
B of A Securities's $26 price target implies 29.35% upside from Navan, Inc.'s ($NAVN) current $20.10 share price.
The stock currently trades at $20.10, which is significantly below its high of $30.88 over the last year.
Navan, Inc. has a mean price target of $30.87 based on 15 analyst opinions, indicating strong confidence in its growth potential.

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B of A Securities Reiterates Buy Rating

B of A Securities has reiterated its buy rating on Navan, Inc. (NASDAQ: NAVN) with a new price target of $26.00, effective June 11, 2026. The stock is currently trading at $20.10, reflecting a strong outlook from the firm amid its recent performance.

What's Changed in the Firm's View

The updated price target represents a notable increase from the previous target. B of A Securities sees potential for Navan to grow and is confident in the company's future in the software application sector. The stock has been volatile but remains well above the 52-week low of $8.10.

Institutional Outlook

No peer fund activities were reported alongside this rating change, leaving the spotlight on B of A Securities and its assessment of Navan's performance.

Stock Positioned for Growth

Trading at $20.10, Navan's stock is about 34% below its 52-week high of $30.88. Despite this, the stock's current position suggests room for appreciation if it aligns with the analysts' targets. The company’s forward P/E ratio stands at 53.90, indicating high expectations for growth.

12-month forecast

$NAVN price target

Navan, Inc. daily closes and this analyst's $26 target. Not advice.

Analysts Set New Price Targets

On September 10, 2026, multiple firms, including Citizens, TD Cowen, and Rosenblatt, reiterated their positive ratings on Navan. Citizens maintains a Market Outperform rating with a price target of $38.00, while TD Cowen holds a Buy rating with a target of $31.00. Meanwhile, Rosenblatt has a Buy rating with a target of $29.00. This consensus underlines a broad confidence in Navan’s future performance, with a mean target among analysts set at $30.87.

What Navan, Inc. Does

Navan, Inc. focuses on simplifying travel and expense management through its AI-powered software platform. The company serves various sectors, including finance and human resources, and operates from Palo Alto, California. With a workforce of about 3,700 employees, Navan is positioned to leverage its technology to grow further in the expanding software application industry.

What's Ahead for Navan, Inc.

Investors will be watching for Navan's next earnings report, scheduled for December 14, 2026. As a reminder, the recent analyst ratings reflect positions as of the reporting date and may not represent current views. B of A Securities' reaffirmation of its buy rating suggests ongoing confidence in the company's long-term prospects.