NASDAQ:TNAV - Telenav Stock Price, Forecast & News

Telenav trades on the NASDAQ under the ticker symbol "TNAV."

Telenav Inc (NASDAQ:TNAV) posted its quarterly earnings results on Thursday, November, 7th. The technology company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.06. The technology company earned $64.46 million during the quarter, compared to the consensus estimate of $62.58 million. Telenav had a negative net margin of 13.32% and a negative return on equity of 25.93%. View Telenav's Earnings History.

Telenav is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Telenav.

Telenav updated its second quarter 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $$55-57 million, compared to the consensus revenue estimate of $$58.09 million.

3 brokers have issued twelve-month price objectives for Telenav's shares. Their forecasts range from $5.00 to $11.00. On average, they anticipate Telenav's stock price to reach $7.83 in the next twelve months. This suggests a possible upside of 58.9% from the stock's current price. View Analyst Price Targets for Telenav.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Telenav in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Telenav.

Media headlines about TNAV stock have been trending negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Telenav earned a coverage optimism score of -2.0 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Telenav.

Telenav saw a increase in short interest in November. As of November 29th, there was short interest totalling 1,620,000 shares, an increase of 6.6% from the November 14th total of 1,520,000 shares. Based on an average daily trading volume, of 596,400 shares, the days-to-cover ratio is currently 2.7 days. Currently, 4.3% of the company's shares are short sold. View Telenav's Current Options Chain.

Some companies that are related to Telenav include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Splunk (SPLK), ANSYS (ANSS), Synopsys (SNPS), Cadence Design Systems (CDNS), SS&C Technologies (SSNC), Citrix Systems (CTXS), Tyler Technologies (TYL), Fair Isaac (FICO), FactSet Research Systems (FDS) and Guidewire Software (GWRE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Telenav investors own include Proteostasis Therapeutics (PTI), Glu Mobile (GLUU), Idera Pharmaceuticals (IDRA), Allena Pharmaceuticals (ALNA), Advanced Micro Devices (AMD), Cyberark Software (CYBR), Revolution Lighting Technologies (RVLT), Syndax Pharmaceuticals (SNDX), Trade Desk (TTD) and Veru (VERU).

Telenav's stock is owned by a number of of retail and institutional investors. Top institutional investors include Millennium Management LLC (2.36%), State Street Corp (1.55%), Assenagon Asset Management S.A. (0.84%), Russell Investments Group Ltd. (0.32%), California State Teachers Retirement System (0.10%) and Rhumbline Advisers (0.09%). Company insiders that own Telenav stock include Douglas S Miller, Hassan Wahla, HP Jin, Nokomis Capital, LLC, Philipp Wolfgang Josef Kandal and Salman Dhanani. View Institutional Ownership Trends for Telenav.

TNAV stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC and California Public Employees Retirement System. Company insiders that have sold Telenav company stock in the last year include Douglas S Miller, Hassan Wahla, Philipp Wolfgang Josef Kandal and Salman Dhanani. View Insider Buying and Selling for Telenav.

TNAV stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Assenagon Asset Management S.A., State Street Corp, Russell Investments Group Ltd., Virtu Financial LLC, Ibex Investors LLC, Meeder Asset Management Inc. and Tower Research Capital LLC TRC. Company insiders that have bought Telenav stock in the last two years include Hassan Wahla, HP Jin, Nokomis Capital, LLC and Philipp Wolfgang Josef Kandal. View Insider Buying and Selling for Telenav.

Shares of TNAV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of TNAV stock can currently be purchased for approximately $4.93.

Telenav has a market capitalization of $239.43 million and generates $220.90 million in revenue each year. The technology company earns $-32,490,000.00 in net income (profit) each year or ($0.65) on an earnings per share basis. Telenav employs 784 workers across the globe.View Additional Information About Telenav.

The official website for Telenav is http://www.telenav.com/.

Telenav's mailing address is 4655 GREAT AMERICA PARKWAY SUITE 300, SANTA CLARA CA, 95054. The technology company can be reached via phone at 408-245-3800 or via email at [email protected]