NASDAQ:TNAV - Telenav Stock Price, Forecast & News

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

Telenav Inc (NASDAQ:TNAV) issued its quarterly earnings results on Thursday, February, 6th. The technology company reported $0.15 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.08) by $0.23. The technology company earned $67.35 million during the quarter, compared to analysts' expectations of $56.26 million. Telenav had a negative net margin of 8.21% and a negative return on equity of 13.83%. View Telenav's Earnings History.

Telenav is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for Telenav.

Telenav issued an update on its third quarter 2020 Pre-Market earnings guidance on Thursday, February, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $61.5-63.5 million, compared to the consensus revenue estimate of $62.82 million.

3 equities research analysts have issued 12 month price objectives for Telenav's shares. Their forecasts range from $5.00 to $11.00. On average, they expect Telenav's stock price to reach $7.83 in the next year. This suggests a possible upside of 28.3% 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.

News coverage about TNAV stock has trended negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Telenav earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely 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 the month of January. As of January 31st, there was short interest totalling 1,950,000 shares, an increase of 8.9% from the January 15th total of 1,790,000 shares. Based on an average daily trading volume, of 319,300 shares, the days-to-cover ratio is currently 6.1 days. Approximately 5.1% of the company's stock are sold short. 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), KeyCorp (KEY), Sogou (SOGO), Allena Pharmaceuticals (ALNA), Advanced Micro Devices (AMD), Cyberark Software (CYBR), Syndax Pharmaceuticals (SNDX) and Sorrento Therapeutics (SRNE).

Telenav's stock is owned by a number of of retail and institutional investors. Top institutional investors include Divisar Capital Management LLC (5.35%), Renaissance Technologies LLC (4.05%), State Street Corp (1.67%), Geode Capital Management LLC (1.18%), Goldman Sachs Group Inc. (1.16%) and Jacobs Levy Equity Management Inc. (0.98%). 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 Oxford Asset Management LLP, Geode Capital Management LLC, Cubist Systematic Strategies LLC and Trexquant Investment LP. 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 Renaissance Technologies LLC, Divisar Capital Management LLC, Goldman Sachs Group Inc., Alambic Investment Management L.P., AXA, Jacobs Levy Equity Management Inc., State Street Corp and Panagora Asset Management Inc.. 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 $6.11.

Telenav has a market capitalization of $293.96 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]