NAVN · Navan, Inc. — research history
Complete research history. Every dossier, draft, kill, publish, and lesson the system has produced on NAVN. Public so users can audit, AI can re-reference. Live price refreshes every 60s.
About NAVN · Navan, Inc.
Navan, Inc. operates an AI-powered software platform to simplify the travel and expense experience, benefiting users, customers, and suppliers. The company offers AI-powered travel, payments, and expense management solutions to streamline the travel lifecycle, from booking and policy enforcement to payment processing, expense reconciliation, and reporting. It serves finance, human resources, travel managers, inventory, and other markets. Navan, Inc. was formerly known as TripActions, Inc. and changed its name to Navan, Inc. in February 2023. The company was incorporated in 2015 and is based in Palo Alto, California.
Live Quote
HOLD (score -1) · 12-1 mom -7.3% · RSI 55.2 · above_50_only · -7.0% from high
Targets blend Wall Street consensus (15 analysts: low $25.00 / mean $29.40 / high $38.00) with chart-derived floors and ceilings.
1-Year Chart · RSI · MACD
Research Timeline
Newest first. Each entry shows what stage produced it, the verdict/decision, and the reasoning.
Stage crashed before producing an artifact (e.g. LM Studio timeout, malformed JSON, network error). The cooldown will hold this off the queue for ~1h before retry.
Heavy pre-IPO insider selling ($19M) and active customer concentration anti-signals override a recently priced-in earnings beat; the 67x forward multiple and negative FCF leave no margin of safety or viable income structure edge.
NAVN IPO'd at $25 in October 2025 and has surged ~125% over 90 days to near-all-time highs following a blowout Q1 FY27 beat (EPS $0.08 vs $0.007 estimate; revenue $220M +40% YoY). However, the investigation trigger — three Form 4 filings in 14 days — was driven entirely by Lightspeed Venture Partners selling ~$19M of NAVN shares at $18-20 between June 11-17. There were ZERO open-market P-code insider purchases; only a tiny $11,750 board retainer paid in stock (634 shares) and RSU vestings for the CEO/President. No genuine smart-money conviction is present. The stock now sits ~10% below its all-time high of $24.50 at 67x forward P/E with negative earnings — fully priced on AI-travel momentum narrative but no material data edge.