Mizuho Rates Navan (NAVN) buy, $30 Price Target

Mizuho analysts reaffirm their bullish position on Navan, Inc. amidst its latest financial results, a 49.25% upside from the current price.

By EarningsIQ Research Desk · Published Jun 12, 2026, 9:14 PM EDT · Updated Jun 16, 2026, 11:01 AM EDT

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Mizuho rated Navan, Inc. ($NAVN) "buy" with a $30 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

Mizuho reiterated its buy rating on Navan, Inc. with a price target of $30 on June 11, 2026, while shares trade at $20.10, down from $21.36.
Mizuho's $30 price target implies 49.25% upside from Navan, Inc.'s ($NAVN) current $20.10 share price.
Navan has a market capitalization of about $5.61 billion and reported revenue growth of 35.4% year-over-year, showing strong business momentum.
Analysts maintain a positive outlook for Navan, with a consensus rating of 'strong buy' and a mean price target of around $30.87 from 15 analysts.

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Mizuho Reiterates Buy Rating

On June 11, 2026, Mizuho reiterated its buy rating on Navan, Inc. (NASDAQ: NAVN) with a price target of $30. The stock is currently trading at $20.10, having closed at $21.36 the previous day. Mizuho analyst Siti Panigrahi continues to express confidence in the company's potential for growth.

Analysts Set New Price Targets

This reiteration comes as Navan has recently shared strong financial results, with a revenue increase of 35.4% year-over-year. The company operates in the technology sector, focusing on AI-powered software to enhance travel and expense management. With a market capitalization of approximately $5.61 billion, Navan has positioned itself as a key player in its industry.

Other Institutional Insights

Although Mizuho remains a prominent voice, other analysts have also expressed their views recently. On September 10, 2026, Citizens reiterated a market outperform rating with a target of $38.00. TD Cowen maintained its buy rating but lowered its target to $31.00, down from a prior $34.00. Meanwhile, Rosenblatt kept its buy rating with a target of $29.00, slightly up from $27.00. These varying perspectives reflect a generally favorable outlook for Navan, especially as it navigates the competitive landscape in the software industry.

Stock Performance Overview

With the stock currently trading at $20.10, it remains well below its 52-week high of $30.88. This price point suggests potential upside for investors if the company continues to capitalize on its growth strategies. The stock has mostly fluctuated between $8.10 and $30.88 over the past year, showcasing its volatility and growth potential.

12-month forecast

$NAVN price target

Navan, Inc. daily closes and this analyst's $30 target. Not advice.

Recent Earnings

Navan is expected to report its next earnings on December 14, 2026. Its latest revenue of approximately $825.9 million demonstrates a strong demand for its services, despite facing a negative EPS of -$3.87. The company continues to invest in its AI capabilities, which are essential for future growth.

What Navan, Inc. Does

Navan, Inc. offers AI-driven solutions for travel and expense management. The company aims to simplify the travel lifecycle, from booking to payment processing. Founded in 2015 and based in Palo Alto, California, Navan serves various sectors such as finance and human resources, benefiting from partnerships like its collaboration with OpenTable for business travel planning.

What's Ahead for Navan, Inc.

As we approach Navan's next earnings date, investors will be keen to see if the company's performance meets analyst expectations. While Mizuho's reiteration of its buy rating reflects confidence in Navan's prospects, the upcoming earnings report will provide further insight into its financial health. Keep in mind that Mizuho's position is based on data that may not represent current market conditions, as 13F filings typically reflect past holdings.