Telenav Stock Forecast, Price & News

Telenav's stock was trading at $5.42 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TNAV stock has decreased by 12.7% and is now trading at $4.73.
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2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Telenav in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Telenav or view MarketBeat's top 5 stock picks.

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Telenav is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Telenav.

Telenav, Inc. (NASDAQ:TNAV) released its quarterly earnings results on Tuesday, November, 3rd. The technology company reported $0.07 earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.12. The technology company had revenue of $69.60 million for the quarter, compared to analysts' expectations of $58.20 million. Telenav had a negative net margin of 4.16% and a negative return on equity of 5.57%.
View Telenav's earnings history.

2 brokerages have issued 12-month price targets for Telenav's stock. Their forecasts range from $8.00 to $8.00. On average, they expect Telenav's share price to reach $8.00 in the next twelve months. This suggests a possible upside of 69.1% from the stock's current price.
View analysts' price targets for Telenav.

Telenav saw a decrease in short interest in the month of October. As of October 30th, there was short interest totaling 357,700 shares, a decrease of 17.3% from the October 15th total of 432,300 shares. Based on an average trading volume of 310,000 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.0% of the shares of the stock are short sold.
View Telenav's Short Interest.

Some companies that are related to Telenav include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Splunk (SPLK), SS&C Technologies (SSNC), Tyler Technologies (TYL), Citrix Systems (CTXS), Fair Isaac (FICO), FactSet Research Systems (FDS) and Nuance Communications (NUAN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Telenav investors own include Sorrento Therapeutics (SRNE), Advanced Micro Devices (AMD), Idera Pharmaceuticals (IDRA), Proteostasis Therapeutics (PTI), FuelCell Energy (FCEL), Pfizer (PFE), Rigel Pharmaceuticals (RIGL), Dynavax Technologies (DVAX), Gilead Sciences (GILD) and Glu Mobile (GLUU).

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

Telenav's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Nokomis Capital L.L.C. (7.40%), BlackRock Inc. (5.08%), Acadian Asset Management LLC (2.88%), State Street Corp (2.09%), Charles Schwab Investment Management Inc. (0.97%) and Los Angeles Capital Management & Equity Research Inc. (0.71%). 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 Nokomis Capital L.L.C., AQR Capital Management LLC, Wells Fargo & Company MN, Connor Clark & Lunn Investment Management Ltd., New York State Common Retirement Fund, State Street Corp, AXA S.A., and Public Employees Retirement System of Ohio. Company insiders that have sold Telenav company stock in the last year include Hassan Wahla, and Nokomis Capital, LLC.
View insider buying and selling activity for Telenav.

TNAV stock was purchased by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, GSA Capital Partners LLP, Globeflex Capital L P, AJO LP, Squarepoint Ops LLC, BlackRock Inc., Hennessy Advisors Inc., and Sei Investments Co.. Company insiders that have bought Telenav stock in the last two years include Hassan Wahla, HP Jin, and Nokomis Capital, LLC.
View insider buying and selling activity 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 $4.73.

Telenav has a market capitalization of $224.78 million and generates $240.35 million in revenue each year. The technology company earns $-930,000.00 in net income (profit) each year or $0.06 on an earnings per share basis. Telenav employs 696 workers across the globe.

The official website for Telenav is 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]