Navan, Inc. (NAVN)
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-11-05
$25.42-6.06%
Close 2026-11-05 · 1-day change
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-11-05
QuarterlyIQ Insights · NAVN
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -4.4% |
| Our one-year growth estimate | diamond | 31.2% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 35.6 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 61 industry peers · Company calendar date is not available
NAVN — credit agreement
Dated 2026-10-09
Entry into a Material Definitive Agreement. Warehouse Credit Facility On October 5, 2026, Navan Travel US SPV LLC (“Navan Travel”), a bankruptcy-remote, wholly owned subsidiary of Navan, Inc. (the “Company”), entered into a Revolving Credit and Security Agreement (the “2026 Credit Agreement”), with the lenders from time to time parties thereto (the “Lenders”), the group agents from time to time party thereto, and Barclays Bank PLC, as administrative agent. Pursuant to the 2026 Credit Agreemen…
Why it matters: Navan's travel unit entered a revolving credit deal. Later filings can show how much it draws and whether the debt grows.
Worry ifA filing shows a balance or loan under the 2026 warehouse credit facility.
Less concerning ifA later filing shows no borrowing under the facility and no rise in related debt.
Why it matters: GBV grew 45% in Q2 after 50% in Q1. More growth would show strong use of Navan's travel platform.
Supportive ifA reported quarter shows GBV growth of 45% or more year over year.
Worry ifA reported quarter shows GBV growth below 30% year over year.
Why it matters: Navan's Q3 outlook calls for higher operating income than Q2. Meeting it would support its plan to grow profit as revenue rises.
Supportive ifQ3 non-GAAP operating income is at least $35.5 million. This is within or above the $35.5 million to $36.5 million outlook.
Worry ifQ3 non-GAAP operating income is less than $35.5 million.
Why it matters: Navan raised its full-year revenue outlook twice. Results near $927 million to $933 million would support its growth plan.
Supportive ifFY2027 revenue lands within or above the $927 million to $933 million range.
Worry ifNavan cuts its FY2027 revenue outlook below $927 million or reports revenue below that range.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$200 on $10,000 · ±2.0% | How much price usually moves either way. |
| Bad day | $708 loss on $10,000 · 7.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $5,288 loss on $10,000 · 52.9% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Navan says its own models now run over half of AI calls, and Ava handles about 60% of customer interactions. More use may help the platform serve customers at scale.
Supportive ifNavan says its models handle more than 50% of AI calls. Ava handles more than 60% of customer interactions.
Worry ifNavan reports either share below 50% for its own models or below 60% for Ava.