Veytics Intelligence
2026-09-25 · Yahoo

Navan (NAVN) Raises its Outlook Again as Corporate Travel Keeps Booming

On September 9, 2026, Reuters reported that corporate travel and expense platform Navan, Inc. (NASDAQ:NAVN) raised its full-year revenue and operating income forecasts for the second time this year, citing strong demand for business travel and continued growth in its enterprise customer base, and separately announced it would acquire AI-powered event-management platform BoomPop for up to $95 million in cash and stock. Navan now expects fiscal 2027 revenue of $927 million to $933 million, up from its prior forecast of $907 million to $913 million. CFO Aurélien Nolf told Reuters that travelers are taking more trips and generating higher bookings per trip than a year ago.

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