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 2.4% and is now trading at $5.29. 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) announced its quarterly earnings data on Thursday, May, 7th. The technology company reported ($0.02) EPS for the quarter, beating analysts' consensus estimates 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 net margin of 5.20% and a negative return on equity of 6.72%. View Telenav's earnings history.

3 brokers have issued 1 year price objectives 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 5.5%. View analysts' price targets for Telenav.

News headlines about TNAV stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Telenav earned a news sentiment score of -3.8 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few 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 days-to-cover ratio is presently 4.2 days. Currently, 5.5% of the shares of the 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 a number of institutional and retail investors. Top institutional shareholders 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 purchased 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 $5.29.

Telenav has a market capitalization of $250.15 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]