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Stock of the Day: Navan

Navan
NAVN 90-day performance NASDAQ:NAVN Navan
Current Price
$10.66
-0.53 (-4.74%)
(As of 04:00 PM ET)
30 Day Performance
-40.35%
  
  
Market Capitalization
$2.65B
Price Target
$24.42

Navan (NASDAQ: NAVN) is a technology company that provides an integrated platform for corporate travel, expense management and business payments. The company combines online travel booking and itinerary management with expense reporting, corporate card services and payment processing to help organizations consolidate travel and T&E (travel and expense) workflows into a single system. Navan emphasizes a mobile-first user experience, automated reconciliation and policy controls to simplify administrative processes for finance and travel teams while improving the experience for travelers.

Navan’s offerings typically include online and mobile travel booking, real-time traveler support and duty-of-care features, automated expense capture and reporting, corporate card and virtual card issuance, and tools for payments and invoice management. The platform integrates with common enterprise systems and accounting packages to streamline reconciliation and reporting, and it provides analytics and policy enforcement tools intended to help companies manage costs, compliance and traveler safety.

The company was originally founded and operated under the TripActions name and rebranded as Navan in 2022 to reflect its expansion beyond pure travel management into broader expense and payment services. Navan serves business customers across multiple regions and industries, from small and medium-sized enterprises to larger corporations, aiming to centralize T&E operations on a single technology stack.

Navan positions itself as a unified alternative to fragmented travel, expense and payment solutions, marketed to finance, HR and travel managers seeking to reduce manual work and improve visibility into corporate spending. The business is led by an executive management team focused on product development, global operations and enterprise sales, and it continues to evolve its platform to address changing needs around travel policy, financial controls and employee experience.

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