Navient (NASDAQ:NAVI) Stock Gets Price Target Cut from TD Cowen

Key Points

• TD Cowen cut Navient’s price target from $8.50 to $8.00 and maintained a sell rating, implying 9.12% downside from the $8.80 share price.
• Analyst sentiment is broadly cautious: MarketBeat’s consensus is “Reduce,” with a $7.92 average target; Barclays also lowered its target to $6 and kept an underweight rating.
• Navient reported Q3 earnings of $0.03 per share, missing the roughly $0.13 consensus estimate, despite revenue of $308 million. Shares fell $0.27 on Thursday.

Navient (NASDAQ:NAVI - Get Free Report) had its price target reduced by equities researchers at TD Cowen from $8.50 to $8.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm presently has a "sell" rating on the credit services provider's stock. TD Cowen's price objective would suggest a potential downside of 9.12% from the stock's current price.

Several other equities research analysts have also recently commented on the stock. Zacks Research upgraded shares of Navient from a "hold" rating to a "strong-buy" rating in a research report on Monday, October 12th. JPMorgan Chase & Co. increased their price objective on shares of Navient from $8.00 to $8.50 and gave the company a "neutral" rating in a report on Monday, October 12th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Navient in a report on Monday, September 21st. Finally, Barclays dropped their target price on shares of Navient from $7.00 to $6.00 and set an "underweight" rating for the company in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Reduce" and a consensus target price of $7.92.

Navient Price Performance

Shares of NAVI stock traded down $0.27 during trading hours on Thursday, hitting $8.80. 1,459,118 shares of the company's stock were exchanged, compared to its average volume of 1,168,247. Navient has a 52 week low of $7.33 and a 52 week high of $13.48. The stock's 50-day moving average is $9.20 and its 200-day moving average is $8.91. The company has a debt-to-equity ratio of 16.73, a current ratio of 10.53 and a quick ratio of 10.53. The stock has a market cap of $825.58 million, a price-to-earnings ratio of -17.55 and a beta of 1.17.

Navient (NASDAQ:NAVI - Get Free Report) last announced its earnings results on Wednesday, November 4th. The credit services provider reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by ($0.10). The company had revenue of $308.00 million during the quarter, compared to the consensus estimate of $144.92 million. Navient had a positive return on equity of 4.68% and a negative net margin of 1.64%. During the same period in the prior year, the firm posted ($0.84) earnings per share. As a group, research analysts forecast that Navient will post 0.83 EPS for the current year.

Institutional Investors Weigh In On Navient

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Legal & General Group Plc bought a new stake in Navient during the 2nd quarter worth about $1,295,000. Wellington Management Group LLP raised its stake in Navient by 41.5% in the second quarter. Wellington Management Group LLP now owns 1,939,380 shares of the credit services provider's stock valued at $16,504,000 after buying an additional 568,590 shares during the period. WINTON GROUP Ltd raised its stake in Navient by 290.4% in the second quarter. WINTON GROUP Ltd now owns 188,946 shares of the credit services provider's stock valued at $1,608,000 after buying an additional 140,550 shares during the period. Engineers Gate Manager LP lifted its position in shares of Navient by 329.5% in the second quarter. Engineers Gate Manager LP now owns 169,241 shares of the credit services provider's stock valued at $1,440,000 after buying an additional 129,841 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Navient in the second quarter valued at approximately $3,176,000. 97.14% of the stock is currently owned by institutional investors and hedge funds.

Navient News Summary

Here are the key news stories impacting Navient this week:

• Positive Sentiment: A Q3 analysis highlights origination growth and portfolio repositioning as drivers of results, suggesting progress in reshaping the business. NAVI Q3 2026 deep dive
• Neutral Sentiment: Navient reported Q3 revenue of $308 million, though earnings coverage gave differing comparisons with analyst revenue estimates. Navient posts third quarter 2026 financial results
• Negative Sentiment: Navient earned $0.03 per share in Q3, below analysts’ estimates of roughly $0.13–$0.15, disappointing investors despite the reported revenue. Navient misses Q3 earnings estimates
• Negative Sentiment: Barclays lowered its price target from $7 to $6 and reiterated an “underweight” rating, signaling a bearish view of NAVI’s prospects.
• Negative Sentiment: A report says private student lenders are gaining graduate-school business while losing money on it, highlighting potential profitability risks in the lending market. Private student loan lenders and graduate-school lending

About Navient

Navient Corp. NASDAQ: NAVI is a financial services company that provides education finance and business-processing solutions. The company has historically serviced and managed federal and private student loans, helping borrowers with account administration, repayment processing, customer support and related loan-management services.

Navient's operations have evolved as the company reduced its role in servicing federally owned student loans. In 2021, it transferred its federal student loan servicing portfolio to Aidvantage, a division of Maximus.

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