Cerence Inc. (CRNC)

NASDAQ: CRNC · Real-Time Price · USD
9.96
+1.28 (14.75%)
At close: Jun 24, 2025, 4:00 PM
9.98
+0.02 (0.20%)
After-hours: Jun 24, 2025, 7:59 PM EDT
14.75%
Market Cap 430.85M
Revenue (ttm) 254.25M
Net Income (ttm) -336.59M
Shares Out 43.26M
EPS (ttm) -7.93
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,849,858
Open 8.90
Previous Close 8.68
Day's Range 8.86 - 10.02
52-Week Range 2.34 - 27.50
Beta 2.79
Analysts Buy
Price Target 9.43 (-5.32%)
Earnings Date Aug 7, 2025

About CRNC

Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market in the United States, rest of the Americas, Germany, rest of Europe, the Middle East, Africa, Japan, and rest of the Asia-Pacific. The company offers edge software components, cloud-connected components, virtual assistant coexistence, and professional services. It also provides conversational artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic modeli... [Read more]

Sector Technology
Founded 2020
Employees 1,400
Stock Exchange NASDAQ
Ticker Symbol CRNC
Full Company Profile

Financial Performance

In 2024, Cerence's revenue was $331.50 million, an increase of 12.57% compared to the previous year's $294.48 million. Losses were -$588.08 million, 945.4% more than in 2023.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for CRNC stock is "Buy." The 12-month stock price forecast is $9.43, which is a decrease of -5.32% from the latest price.

Price Target
$9.43
(-5.32% downside)
Analyst Consensus: Buy
Stock Forecasts

News

20 stocks you should avoid — no matter how well the market does

These hard-to-short stocks are likely to lose money, researchers found.

13 days ago - Market Watch

Cerence AI Partners with Arm to Deliver Enhanced LLM Capabilities at the Edge

BURLINGTON, Mass., May 28, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced a strategic partn...

27 days ago - GlobeNewsWire

Cerence Inc. (CRNC) Q2 2025 Earnings Call Transcript

Cerence Inc. (NASDAQ:CRNC) Q2 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Kate Hickman - VP, Corporate Communications and IR Brian Krzanich - CEO Tony Rodriquez - EVP an...

6 weeks ago - Seeking Alpha

Cerence AI Files Copyright Infringement Suit Against Microsoft and Nuance

BURLINGTON, Mass., May 06, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced the filing of a c...

7 weeks ago - GlobeNewsWire

Auto Shanghai 2025: Cerence AI Partners with Industry Leaders to Showcase xUI, its Hybrid, Agentic AI Assistant Platform

SHANGHAI and BURLINGTON, Mass., April 22, 2025 (GLOBE NEWSWIRE) --  Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, will demo Cerence...

2 months ago - GlobeNewsWire

Cerence to Announce Fiscal Second Quarter Results on May 7, 2025

BURLINGTON, Mass., April 16, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, will announce its second quarte...

2 months ago - GlobeNewsWire

Cerence AI Honored with 2025 ECARX Best Contribution Award

SHANGHAI and BURLINGTON, Mass., April 02, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced th...

Other symbols: ECX
2 months ago - GlobeNewsWire

Top 3 Information Technology Stocks That Could Blast Off This Month

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: MRVLSNX
3 months ago - Benzinga

Cerence AI Adds Former Ford Executive Marion Harris to its Board of Directors

BURLINGTON, Mass., March 20, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced that Marion Har...

3 months ago - GlobeNewsWire

Cerence AI Debuts xUI, its Hybrid, LLM-Based Platform, Advancing the Fully Agentic In-Car Experience

BURLINGTON, Mass., March 13, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today introduced Cerence xUI™, ...

3 months ago - GlobeNewsWire

Cerence: Bottoming Out Amid Strong Auto AI-Powered Virtual Assistant Demand

Cerence is leveraging generative AI to enhance in-car experiences, with its flagship CaLLM product driving future growth in the automotive virtual assistant market. Despite a significant revenue drop,...

3 months ago - Seeking Alpha

Cerence Inc. (CRNC) Q1 2025 Earnings Call Transcript

Cerence Inc. (NASDAQ:CRNC) Q1 2025 Earnings Conference Call February 6, 2025 5:00 PM ET Company Participants Brian Krzanich - CEO Tony Rodriquez - Interim CFO Conference Call Participants Nicholas Do...

4 months ago - Seeking Alpha

Cerence Announces First Quarter Fiscal 2025 Results

BURLINGTON, Mass., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global industry leader in AI for transportation, today reported its first quarter fiscal year 2025 re...

4 months ago - GlobeNewsWire

Cerence CEO Has Vision And Connections To Turn Company's Voice Assistant From 'Want-To-Have' To 'Need-To-Have': Analyst Upgrades Stock

Cerence Inc. CRNC shares surged on Wednesday after Needham analyst Nick Doyle upgraded the stock from Hold to Buy with a price target of $16.

5 months ago - Benzinga

Cerence to Announce Fiscal First Quarter Results on February 6, 2025

BURLINGTON, Mass., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global industry leader in AI for transportation, will announce its first quarter financial results fo...

5 months ago - GlobeNewsWire

Cerence: Navigating AI Innovation In A Challenging Automotive Landscape

Cerence, Inc. holds a 52% market share in automotive virtual assistants but faces intense competition and technology uncertainties. Financial performance shows mixed results with recent growth but sig...

5 months ago - Seeking Alpha

S&P 500, Dow edge higher but face weekly losses; Cerence soars 120%, alcohol stocks slide

US equity benchmarks moved higher on Friday amid better manufacturing data from the country.  At the time of writing, the S&P 500 index was 1% higher, while the Dow Jones Industrial Average gained 0.6...

6 months ago - Invezz

Nasdaq Surges Over 1%; Cerence Shares Spike Higher

U.S. stocks traded higher midway through trading, with the Nasdaq Composite surging more than 1% on Friday.

6 months ago - Benzinga

Cerence AI Expands Collaboration with NVIDIA to Advance its CaLLM Family of Language Models

BURLINGTON, Mass., Jan. 03, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global industry leader in voice AI, today announced an expanded collaboration with NVIDIA to advance ...

6 months ago - GlobeNewsWire

Cerence Announces Repurchase of $27 Million of 3% Senior Notes Due 2025

BURLINGTON, Mass., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI” or “the Company”), a global leader in AI for transportation, today announced that, in light of its curren...

6 months ago - GlobeNewsWire

Cerence AI Announces Equity Grant to Employee Under Inducement Plan Pursuant to Nasdaq Listing Rule 5635(c)(4)

BURLINGTON, Mass., Dec. 06, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global industry leader in AI for transportation, today announced that, in connection with Antonio (“T...

7 months ago - GlobeNewsWire

Cerence AI Names Tony Rodriquez as Chief Financial Officer

BURLINGTON, Mass., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global industry leader in AI for transportation, today announced that it has appointed Antonio (“Tony...

7 months ago - GlobeNewsWire

Cerence Earnings: The Worst Could Be Behind It

Cerence Inc.'s stock is undervalued at 10x forward free cash flow despite a turbulent past and a 60% decline in 2024. The company's AI-driven in-car voice solutions, trusted by major automakers, and c...

7 months ago - Seeking Alpha

Cerence Stock: Persistent Risks Remain Despite Positive Q4 Earnings Results

Cerence shares have more than doubled since its Q4 earnings were released. While growth is expected to remain muted next year, margins are expected to be solid, coupled with strong FCF generation. Cer...

7 months ago - Seeking Alpha

Cerence Inc. (CRNC) Q4 2024 Earnings Call Transcript

Cerence Inc. (NASDAQ:CRNC) Q4 2024 Earnings Conference Call November 21, 2024 8:30 AM ET Company Participants Brian Krzanich - CEO Tony Rodriquez - Interim CFO Conference Call Participants Jeff Van R...

7 months ago - Seeking Alpha