Group 1: Company Overview - Navan, Inc. (NASDAQ:NAVN) operates an AI-powered software platform designed to simplify the expense and travel experience for various sectors including human resources, inventory, finance, and travel management [4] Group 2: Market Performance and Analyst Ratings - Goldman Sachs analyst Gabriela Borges lowered the price target for Navan Inc. to $22 from $30 while maintaining a Buy rating, indicating a significant upside potential of 73% from the current trading levels [1] - Citi analyst Steve Enders also maintained a Buy rating with a price target of $26, suggesting a potential upside of 126.1%, which aligns with the median Wall Street analyst estimate of 107.64% based on 12 analysts [2] Group 3: Business Travel Insights - The Navan Business Travel Benchmark for Q4 2025 reported a 13.8% year-over-year growth in business travel, significantly outpacing the 1.2% growth indicated by TSA travel data, suggesting a stronger-than-expected business travel market [3]