12 Tech Stocks with the Biggest Upside Potential

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3. Navan, Inc. (NASDAQ:NAVN)

Potential Upside: 107.64%

Number of Hedge Fund Holders: N/A

On January 28, Goldman Sachs analyst Gabriela Borges lowered the firm’s price target on Navan Inc. (NASDAQ:NAVN) to $22 from $30 while maintaining a Buy rating. The stock is trading significantly below the lowest Wall Street price target of $20, which implies 73% upside from here, according to 12 analysts covering the stock.

The research note emphasized that software mergers and acquisitions are expected to gain momentum in 2026. A similar sentiment was echoed at Citi, where analyst Steve Enders also maintained a Buy rating with a price target of $26 for the stock on January 16. The firm’s price target offers a further 126.1% upside from the current levels. This upside is consistent with the median Wall Street analyst estimate of 107.64%, based on 12 analysts covering the stock.

The company also released its Navan Business Travel Benchmark for Q4 2025 on January 30. The 13.8% YoY growth in business travel is much higher than the 1.2% growth depicted in TSA travel data, suggesting the business travel market is stronger than many were expecting it to be.

Navan, Inc. (NASDAQ:NAVN) operates an AI-powered software platform to simplify the expense and travel experience. The company’s platform benefits customers, suppliers, and users. It serves human resources, inventory, finance,  travel managers, and other markets.

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