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 decreased by 5.7% and is now trading at $5.11. 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 earnings results on Thursday, May, 7th. The technology company reported ($0.02) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.04) by $0.02. The technology company earned $64.50 million during the quarter, compared to the consensus estimate of $61.45 million. Telenav had a negative return on equity of 6.72% and a negative net margin of 5.20%. View Telenav's earnings history.

3 Wall Street analysts have issued 12-month price targets for Telenav's stock. Their forecasts range from $5.00 to $5.00. On average, they expect Telenav's stock price to reach $5.00 in the next twelve months. This suggests that the stock has a possible downside of 2.2%. View analysts' price targets for Telenav.

Media stories about TNAV stock have been trending somewhat negative on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Telenav earned a media sentiment score of -1.1 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Telenav.

Telenav saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,880,000 shares, a decrease of 9.6% from the June 15th total of 2,080,000 shares. Based on an average trading volume of 230,700 shares, the days-to-cover ratio is presently 8.1 days. Currently, 5.1% of the shares of the company 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), Tyler Technologies (TYL), SS&C Technologies (SSNC), FactSet Research Systems (FDS), Fair Isaac (FICO) 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 a number of retail and institutional investors. Top institutional investors include Alpha Windward LLC (0.16%) and Diversified Trust Co (0.02%). 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 bought by a variety of institutional investors in the last quarter, including Alpha Windward LLC, and Diversified Trust Co. 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 $5.11.

Telenav has a market capitalization of $241.64 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]