Navan surges after lifting annual forecasts

Navan

10/06/2026 21:29

** Shares of corporate travel booking agency Navan NAVN.O jumps over 18% to $24.74 in the extended trading
** Co raises its full-year forecasts for revenue and operating income, citing business travel demand and growth in its enterprise customer base
** Expects revenue of $907 million to $913 million for fiscal 2027, up from its prior forecasts of $866 million to $874 million
** Expects full-year operating profit to be between $76 million and $80 million, compared with its prior forecast of $58 million to $62 million
** As of last close, NAVN up 22.2% YTD
 

 (Reporting by Sumit Saha in Bengaluru)
 ((Sumit.Saha@thomsonreuters.com;))