Navan Future Growth
Future criteria checks 1/6
Navan is forecast to grow earnings and revenue by 87% and 18.4% per annum respectively. EPS is expected to grow by 99.2% per annum. Return on equity is forecast to be 7.3% in 3 years.
Key information
87.0%
Earnings growth rate
99.15%
EPS growth rate
| Hospitality earnings growth | 19.7% |
| Revenue growth rate | 18.4% |
| Future return on equity | 7.29% |
| Analyst coverage | Good |
| Last updated | 11 Sep 2026 |
Recent future growth updates
Recent updates
Navan: Priced For Perfection With M&A A Potential Distraction
Summary Navan remains a 'sell' as its valuation demands flawless execution amid slowing margin expansion and competitive pressures. Q2 revenue grew 35% to $233M with non-GAAP EPS of $0.05, but margins stalled sequentially and GAAP profitability remains elusive. Gross booking volumes rose 45%, yet NAVN is earning less per transaction and its payments platform is losing wallet share. Full-year guidance was raised to 32% revenue growth, but achieving projected margins appears aggressive given recent trends and M&A distractions. Read the full article on Seeking Alpha
NAVN: Expanded Travel Partnerships And AI Tools Will Support Future Upside
Analysts now set Navan's price target at $30.80, up from $29.40, reflecting updated views on its fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. What’s in the News for Navan Navan Edge and OpenTable formed a partnership that embeds OpenTable’s global restaurant network into Navan’s AI travel assistant, adding live location and trip aware dining discovery, deep preference memory, proactive reservation reminders, and planned support for private and group dining bookings.
NAVN: Brazil Acquisition And New Enterprise Wins Will Drive Future Upside
Analysts have adjusted their price target for Navan from $30.00 to approximately $35.83, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E expectations. What's in the News Navan entered a definitive agreement to acquire Brazilian travel management firm Smartrips, its first acquisition as a public company, to bring Brazilian corporate travel and expense activity onto its AI-powered platform.
NAVN: AI Integration And Enterprise Wins Will Shape Balanced Outlook
Analysts have adjusted their price target for Navan from $15.00 to $25.00 as they reassess fair value, discount rate, revenue growth, profit margin, and future P/E assumptions in their models. What’s in the News for Navan Navan launched its Model Context Protocol (MCP), a universal adapter that lets customers connect existing AI tools to Navan’s travel and expense data for natural language queries, with an initial read-only setup and plans for future functions such as expense approvals and policy updates.NAVN: Earnings Beat And Latin America Expansion Will Support Future Upside
Analysts have adjusted their price target for Navan to $29.40 from $25.08, reflecting updated assumptions on fair value, discount rate, revenue growth, profit margin, and future P/E expectations. What's in the News Navan reported Q1 fiscal 2027 gross booking volume above $3b, revenue of $220.23 million that was flat year over year but above consensus, non GAAP operating margin of 11%, and earnings per share of $0.08, with shares rising nearly 20% after the release as analysts lifted price targets.AI Travel Orchestration Risks Will Challenge Margins Yet Eventually Support A Stronger Platform
Catalysts About Navan Navan provides an AI driven corporate travel, payments and expense management platform for businesses. What are the underlying business or industry changes driving this perspective?AI Automation And Enterprise Wins Will Drive Long Term Corporate Travel Upside
Catalysts About Navan Navan provides an end to end, AI led corporate travel, payments and expense management platform for businesses of all sizes. What are the underlying business or industry changes driving this perspective?Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 1/31/2029 | 1,402 | -16 | 170 | 212 | 8 |
| 1/31/2028 | 1,155 | -78 | 88 | 124 | 15 |
| 1/31/2027 | 931 | -109 | 39 | 75 | 15 |
| 7/31/2026 | 826 | -348 | 26 | 47 | N/A |
| 4/30/2026 | 765 | -357 | 3 | 22 | N/A |
| 1/31/2026 | 702 | -398 | 15 | 34 | N/A |
| 10/31/2025 | 656 | -372 | -28 | -10 | N/A |
| 7/31/2025 | 613 | -188 | -33 | -17 | N/A |
| 4/30/2025 | 567 | -196 | -47 | -31 | N/A |
| 1/31/2025 | 537 | -181 | -67 | -50 | N/A |
| 1/31/2024 | 402 | -332 | -184 | -166 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NAVN is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: NAVN is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: NAVN is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: NAVN's revenue (18.4% per year) is forecast to grow faster than the US market (13.4% per year).
High Growth Revenue: NAVN's revenue (18.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NAVN's Return on Equity is forecast to be low in 3 years time (7.3%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/13 06:00 |
| End of Day Share Price | 2026/09/11 00:00 |
| Earnings | 2026/07/31 |
| Annual Earnings | 2026/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Navan, Inc. is covered by 16 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Jester | BMO Capital Markets Equity Research |
| Andrew DeGasperi | BNP Paribas |
| Nafeesa Gupta | BofA Global Research |