NASDAQ:TNAVTelenav Stock Price, Forecast & News

Telenav's stock was trading at $5.42 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TNAV shares have increased by 3.5% and is now trading at $5.61. View which stocks have been most impacted by Coronavirus.

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

Telenav is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Telenav.

Telenav Inc (NASDAQ:TNAV) issued its quarterly earnings data on Thursday, May, 7th. The technology company reported ($0.02) EPS for the quarter, topping analysts' consensus estimates of ($0.04) by $0.02. The technology company had revenue of $64.50 million for the quarter, compared to the consensus estimate of $61.45 million. Telenav had a negative net margin of 5.20% and a negative return on equity of 6.72%. View Telenav's earnings history.

3 Wall Street analysts have issued 12 month target prices for Telenav's shares. Their forecasts range from $5.00 to $5.00. On average, they anticipate Telenav's share price to reach $5.00 in the next twelve months. This suggests that the stock has a possible downside of 10.9%. View analysts' price targets for Telenav.

News coverage about TNAV stock has trended negative this week, according to InfoTrie. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news 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 -2.8 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutTelenav.

Telenav saw a drop in short interest in May. As of May 15th, there was short interest totaling 2,060,000 shares, a drop of 6.4% from the April 30th total of 2,200,000 shares. Based on an average daily trading volume, of 494,700 shares, the short-interest ratio is currently 4.2 days. Currently, 5.5% of the company's stock 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), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Citrix Systems (CTXS), SS&C Technologies (SSNC), Tyler Technologies (TYL), Fair Isaac (FICO), FactSet Research Systems (FDS) and Guidewire Software (GWRE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Telenav investors own include Alibaba Group (BABA), Gilead Sciences (GILD), KeyCorp (KEY), Proteostasis Therapeutics (PTI), Verizon Communications (VZ), ZIX (ZIXI), AbbVie (ABBV), Adobe (ADBE), Advanced Micro Devices (AMD) and Walt Disney (DIS).

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

Telenav's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (5.01%), State Street Corp (2.04%), Acadian Asset Management LLC (2.01%), Geode Capital Management LLC (1.22%), Mackay Shields LLC (0.57%) and Connor Clark & Lunn Investment Management Ltd. (0.51%). 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 Two Sigma Investments LP, Connor Clark & Lunn Investment Management Ltd., Morgan Stanley, Deutsche Bank AG, UBS Group AG, Parametric Portfolio Associates LLC, Bogle Investment Management L P DE, and Alambic Investment Management L.P.. 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 activity for Telenav.

TNAV stock was bought by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Mackay Shields LLC, State Street Corp, Tenzing Global Management LLC, Los Angeles Capital Management & Equity Research Inc., Chicago Equity Partners LLC, BlackRock Inc., and Globeflex Capital L P. 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 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 $5.61.

Telenav has a market capitalization of $265.29 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.

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]