NASDAQ:TNAV - Telenav Stock Price, Forecast & News

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

Telenav Inc (NASDAQ:TNAV) announced its quarterly earnings data on Thursday, February, 6th. The technology company reported $0.15 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.08) by $0.23. The technology company earned $67.35 million during the quarter, compared to the consensus estimate 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 earnings per share 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 brokers have issued 1 year price objectives for Telenav's stock. Their forecasts range from $5.00 to $11.00. On average, they expect Telenav's stock price to reach $7.83 in the next twelve months. This suggests a possible upside of 30.3% 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.

Headlines about TNAV stock have trended negative this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Telenav earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Telenav.

Telenav saw a increase in short interest during 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 presently 6.1 days. Currently, 5.1% of the company's shares are sold short. View Telenav's Current Options Chain.

Some companies that are related to Telenav include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Workday (WDAY), Autodesk (ADSK), Splunk (SPLK), Synopsys (SNPS), ANSYS (ANSS), 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 many different 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%), Goldman Sachs Group Inc. (1.16%), Jacobs Levy Equity Management Inc. (0.98%) and Charles Schwab Investment Management Inc. (0.94%). 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, 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 $6.01.

Telenav has a market capitalization of $289.38 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]