Yahoo has taken a new direction in its business ventures through a deal with Navan, the US based travel, payments and expense management group. Navan announced yesterday that Yahoo had chosen its platform as the company’s single global system for booking travel and managing expenses. The announcement came from Navan, which is listed on Nasdaq under the ticker NAVN.
The agreement puts Navan’s AI powered software inside Yahoo’s day to day operations. Employees can book flights, hotels and ground transport, then file expenses through the same system. Yahoo said the change links to its wider use of data driven tools across its products and internal teams.
Matt Sanchez, chief operating officer at Yahoo, said the company wanted tools that remove friction from routine work. He said, “At Yahoo, we’re embedding AI and data-driven capabilities across our iconic products and business operations, including how we manage travel and expenses. Navan provides a modern, unified platform that gives our employees time back to focus on driving innovation for our audience.”
Yahoo has not given a value for the contract. Navan described the agreement as global, covering staff in multiple regions and business units.
How Will Navan’s Platform Change Travel And Expenses At Yahoo?
Navan says its software replaces older travel booking tools and manual expense claims. Staff can book or change complex trips without waiting for a support agent. The company says this removes long call queues and repeated form filling.
Finance teams gain live data at the point of card swipe. Navan says this gives teams a real time view of spending across the business, rather than waiting weeks for reports. This also allows tighter policy checks during bookings, rather than after money has already gone out.
The supplier says Yahoo is targeting a 7–10% reduction in total travel spend. Navan attributes this to access to a wider range of fares and direct airline connections, often referred to as NDC. These links can show prices that do not appear in older corporate booking tools.
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Michael Sindicich, president of Navan, said the company built its platform to remove friction across travel and finance teams. He said, “We designed Navan to give companies full visibility and control, while making life easier for employees. Working with Yahoo shows how global businesses can modernise travel and expense without adding complexity.”
Why Does This Important For Navan And The Wider Market?
The Yahoo deal comes as investors are already keeping an eye on Navan. According to Yahoo Finance, Goldman Sachs analyst Gabriela Borges lowered Navan’s price target to $22 from $30 on January 28, while keeping a Buy rating. The stock trades below the lowest Wall Street target of $20, which implies 73% upside based on coverage from 12 analysts.
Citi analyst Steve Enders also kept a Buy rating on January 16, with a $26 target. Yahoo Finance said this points to 126.1% upside from current levels. The median Wall Street estimate stands at 107.64%, based on the same group of analysts.
Navan also published its Business Travel Benchmark for the fourth quarter of 2025 at the end of January. The report showed 13.8% year on year growth in business travel. That compares with 1.2% growth in TSA travel data, according to Navan. The company said this shows business travel demand is stronger than many expected.
“Travel and expense is one of the few functions that can touch every single employee in an organisation, making it a powerful lever for driving enterprise-wide efficiency,” said Michael Sindicich, President of Navan. “Navan delivers a modern, AI-driven travel and expense platform that perfectly reflects Yahoo’s innovation goals.
“By modernising this touchpoint, Yahoo is giving its people their time back to focus on their core responsibilities while capturing significant savings. We are proud to support Yahoo’s transformation by providing a platform that balances a premium employee experience with the rigorous financial control a global leader requires.”
