NAVI
Navient Corporation
NAVI's fundamentals are strong, but it looks expensive: trading at 11x earnings, about twice its usual 5.6x. Analysts expect earnings to decline, though they disagree widely on how much.
NAVI Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
NAVI's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like NAVI.
NAVI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 4.1x | $2.19 | -64% |
| Fair | 5.5x | $2.99 | -51% |
| Forward | 8.7x | $6.14 | — |
| Expensive | 11x | $5.99 | -2.5% |
| Current | 11x | $6.14 | — |
Historical ranges are pointers, not guarantees.
NAVI's PE is in its expensive range at 11x. On analysts' estimates for next year's earnings, today's price would be 8.7x.
NAVI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Decline | |
| Stable | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect NAVI's earnings and profitability to decline, with its revenue holding steady. However, they disagree widely on these estimates.
NAVI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.71 | +31% |
| Q3 2026 | $0.54 | +$1.06 |
| Q2 2026 | -$0.49 | -248% |
| Q1 2026 | -$0.62 | -219% |
| Q4 2025 | -$0.81 | -169% |
| Q3 2025 | -$0.52 | -168% |
| Q2 2025 | $0.33 | -77% |
| Q1 2025 | $0.52 | -68% |
| Q4 2024 | $1.18 | -36% |
NAVI has returned to profit: it earned $0.54 per share over the past year, after losing money the year before.
NAVI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $317M | +97% |
| Q2 2026 | $150M | -3.8% |
| Q1 2026 | $152M | -2.6% |
| Q4 2025 | $137M | -39% |
| Q3 2025 | $161M | -59% |
| Q2 2025 | $156M | -37% |
| Q1 2025 | $156M | -46% |
| Q4 2024 | $223M | +0.5% |
NAVI's revenue is recovering but still below its 2021 peak: $317M last quarter, up 97% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.1% | +77 points |
| Q2 2026 | 26% | +15 points |
| Q1 2026 | 21% | +24 points |
| Q4 2025 | -5.1% | -17 points |
| Q3 2025 | -73% | -76 points |
| Q2 2025 | 12% | -7.9 points |
| Q1 2025 | -3.2% | -34 points |
| Q4 2024 | 12% | +28 points |
NAVI's operating margin was 4.1% last quarter, up 77 points from the same quarter a year ago.
NAVI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $143M | +13% |
| Q1 2026 | -$47M | -166% |
| Q4 2025 | $174M | +2075% |
| Q3 2025 | $70M | +$80M |
| Q2 2025 | $126M | -55% |
| Q1 2025 | $71M | -61% |
| Q4 2024 | $8M | -97% |
| Q3 2024 | -$10M | -108% |
NAVI's free cash flow was $340M over the past year, up 74% from the year before. Free cash flow isn't a meaningful measure for financial services companies like NAVI.
NAVI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.1% | -1M shares |
| 1 year | -4.1% | -4M shares |
| 3 years | -22% | -27M shares |
| 5 years | -44% | -73M shares |
| Available history | -60% | -139M shares |
NAVI has 94M diluted shares, down 4.1% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | $3M |
| Q1 2026 | $23M |
| Q4 2025 | $26M |
| Q3 2025 | $26M |
| Q2 2025 | $24M |
| Q1 2025 | $35M |
| Q4 2024 | $65M |
| Q3 2024 | $33M |
NAVI Net Leverage
NAVI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.4 | Oversold |
| Stochastic | 29.1 | Neutral |
NAVI's weekly RSI is 29 (oversold) and its Stochastic is 29 (neutral).
NAVI PE vs Financial Services Sector
| Metric | NAVI | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 13x | 13% below |
| PE % | 85 | 63 | 22 pts above |
NAVI is trading at 11x earnings, a 13% discount to the Financial Services sector's median of 13x.
NAVI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.63 | 29% below |
| 20 week MA | $8.85 | 31% below |
| 50 week MA | $9.36 | 34% below |
| 100 week MA | $11.3 | 45% below |
| 200 week MA | $13.9 | 56% below |
NAVI is in a downtrend: it's below all five of its weekly moving averages, and 56% below its 200-week average.
NAVI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13.7 | $9.77 | -29% |
| 2021 | $9.77 | $21.7 | +122% |
| 2022 | $21.7 | $16.5 | -24% |
| 2023 | $16.5 | $18.6 | +13% |
| 2024 | $18.6 | $13.1 | -30% |
| 2025 | $13.1 | $12.9 | -0.8% |
| 2026 YTD | $12.9 | $6.14 | -53% |
NAVI has finished lower in four of the last six years. It's down 53% so far in 2026.