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Upturn AI Summary - About
Navan, Inc. Class A Common Stock(NAVN)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NAVN
10/28/2026: NAVN (3-star) is a STRONG-BUY. BUY for 5 days. Simulated Profits (3.73%). Updated daily EoD!
Navan, Inc. is a high-growth corporate travel and expense management platform that has successfully unified booking, payment, and reporting into one AI-powered solution. The company’s primary strength lies in its integrated, user-friendly platform that drives efficiency for finance teams and travelers alike. While Navan has historically delivered strong top-line growth and successfully moved into high-margin fintech, it remains unprofitable, facing significant execution risks as it scales. Investors should monitor its path toward operating profitability, competitive pressure from established incumbents like SAP, and the adoption rate of its fintech products. The stock is best suited for growth-oriented investors with a long-term horizon who are comfortable with high volatility.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The company is in an early-stage growth phase with significant revenue scaling and market expansion potential. |
| Momentum investor | Mixed fit | Fit is conditional on positive price action and signals of margin improvement. |
| Value investor | Weak fit | The company is currently unprofitable and lacks the traditional valuation metrics sought by value investors. |
| Dividend investor | Weak fit | Navan does not pay dividends and prioritizes capital reinvestment. |
| Low-risk investor | Weak fit | High volatility and unprofitability make this an unsuitable choice for risk-averse portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Recent IPO status and sector sensitivity lead to significant daily price swings. |
| Valuation risk | Medium / high | Market pricing is heavily dependent on future growth assumptions rather than current earnings. |
| Competition risk (Fintech/Travel incumbents) | High | Established players and well-funded fintechs threaten margins and market share. |
| Business quality | Medium | The platform is highly sticky, but profitability is not yet proven. |
| Dividend income | Low / none | The company is entirely focused on growth with no income distribution. |
| Execution risk | Medium / high | Scaling AI features and international operations requires flawless operational execution. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit 74.21% | Avg. Invested days 39 | Today’s Advisory Regular Buy |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 10/28/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 7.05B USD | Price to earnings Ratio - | 1Y Target Price 30.8 |
Price to earnings Ratio - | 1Y Target Price 30.8 | ||
Volume (30-day avg) 3.1M shares | Beta - | 52 Weeks Range 8.11 - 30.88 | Updated Date 10/28/2026 |
52 Weeks Range 8.11 - 30.88 | Updated Date 10/28/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.87 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Travel & Expense Platform | Subscription fees and transaction-based booking fees from travel and expense management. | Revenue is earned every time a customer books travel or uses the company's software to manage business expenses. |
| Fintech / Payments | Interchange fees and services revenue from corporate payment cards. | The company earns fees on business spending when employees use Navan-issued corporate cards. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 68.97 | Enterprise Value 6.40B | Price to Sales(TTM) 8.54 |
Enterprise Value 6.40B | Price to Sales(TTM) 8.54 | ||
Enterprise Value to Revenue 7.8 | Enterprise Value to EBITDA - | Shares Outstanding 245.33M | Shares Floating 145.00M |
Shares Outstanding 245.33M | Shares Floating 145.00M | ||
Percent Insiders 20.55 | Percent Institutions 66.94 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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