Goldman Sachs Raises PT on Navan (NAVN) to $23, Reiterates “Buy” Rating Following Strong Q4 Results

Navan, Inc. (NASDAQ:NAVN) is one of the 7 overlooked tech stocks to buy right now.

Goldman Sachs Raises PT on Navan (NAVN) to $23, Reiterates “Buy” Rating Following Strong Q4 Results

On March 27, 2026, Navan, Inc. (NASDAQ:NAVN) drew attention from analysts at Goldman Sachs after it reported stronger-than-expected fourth-quarter results. The quarterly release reflected the company’s continued growth as well as improved profitability, according to Goldman Sachs analysts.

The analyst emphasized that Navan, Inc. (NASDAQ:NAVN) showcased a robust balance of growth and profitability in the quarter and also sustained both metrics across the full year. Furthermore, AI is driving the company’s product strategy, helping it widen its competitive moat, the analysts emphasized. The investment firm raised its price target on the stock from $22 to $23 and reiterated a “Buy” rating.

On March 5, 2026, Navan, Inc. (NASDAQ:NAVN) introduced Expense Chat, an AI-powered agent designed to streamline out-of-pocket expense submissions, thereby enhancing its current touchless corporate card experience. The expense reporting process is significantly simplified by the agent’s ability to extract merchant data, auto-code entries, and accept natural language input. Expense Chat aligns with Navan, Inc.’s (NASDAQ:NAVN) broader mission to streamline and digitize business travel by eliminating manual administrative tasks for finance teams and travelers.

Navan, Inc. (NASDAQ:NAVN), a cloud-based business travel and expense management platform, was established in 2015 and is headquartered in Palo Alto, CA. The company utilizes artificial intelligence (AI) to automate processes and minimize manual interactions globally.

While we acknowledge the risk and potential of NAVN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NAVN and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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