Cerence Inc. (CRNC)
| Market Cap | 442.39M +11.9% |
| Revenue (ttm) | 302.14M +18.8% |
| Net Income | -19.65M |
| EPS | -0.44 |
| Shares Out | 45.19M |
| PE Ratio | n/a |
| Forward PE | 12.00 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 763,345 |
| Open | 10.09 |
| Previous Close | 10.42 |
| Day's Range | 9.61 - 10.13 |
| 52-Week Range | 5.85 - 13.74 |
| Beta | 2.89 |
| Analysts | Hold |
| Price Target | 10.67 (+8.99%) |
| Earnings Date | May 7, 2026 |
About CRNC
Cerence Inc. provides AI-powered assistants for the mobility/transportation market in the United States, the rest of the Americas, Germany, the rest of Europe, the Middle East, Africa, Japan, and the rest of the Asia-Pacific. The company offers edge software components, cloud-connected components, virtual assistant, and professional services. It also provides conversational and generative artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic... [Read more]
Financial Performance
In fiscal year 2025, Cerence's revenue was $251.78 million, a decrease of -24.05% compared to the previous year's $331.50 million. Losses were -$18.71 million, -96.82% less than in 2024.
Financial StatementsAnalyst Summary
According to 3 analysts, the average rating for CRNC stock is "Hold." The 12-month stock price target is $10.67, which is an increase of 8.99% from the latest price.
News
Cerence AI to Participate in TD Cowen 54th Annual Technology, Media & Telecom Conference
BURLINGTON, Mass., May 13, 2026 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced that the Company ...
Cerence price target raised to $9 from $8 at Goldman Sachs
Goldman Sachs analyst Mark Delaney raised the firm’s price target on Cerence (CRNC) to $9 from $8 and keeps a Neutral rating on the shares. Cerence delivered a mixed update,…
Cerence reports Q2 EPS 4c, consensus 14c
Reports Q2 revenue $64.2M, consensus $60.87M. “We delivered another strong quarter, exceeding the high end of our revenue and adjusted EBITDA guidance while continuing to generate meaningful free cash...
Cerence sees Q3 EPS (2c)-7c, consensus 20c
Sees Q3 revenue $68M-$72M, consensus $68.22M. Sees Q3 adjusted EBITDA $8M-$12M.
Cerence narrows FY26 EPS view to (7c)-15c from (18c)-26c, consensus 69c
Narrows FY26 revenue view to $305M-$320M from $300M-$320M, consensus $313.94M. Narrows FY26 adjusted EBITDA view to $60M-$70M. Krzanich continued, “At the same time, we are making progress in bringing...
Cerence AI Delivers Strong Q2 FY26 Results with Revenue Above Guidance; Raises and Refines Full-Year Outlook
Headlines Exceeded Q2 expectations with $64.2 million in revenue and $7.2 million in Adjusted EBITDA, both above the high end of guidance; net income within range at $1.7 million; $14.1 million in ope...
Cerence AI Files Complaint with the International Trade Commission Against Amazon
BURLINGTON, Mass., May 05, 2026 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced the filing of a c...
Cerence files patent infringement lawsuit against Amazon
Plaintiff Cerence (CRNC) has brought an action for patent infringement against defendants Amazon.com (AMZN), Amazon.com Services, and Amazon Web Services, according to a lawsuit filed in the U.S. Dist...
Cerence initiated with an Overweight at Cantor Fitzgerald
Cantor Fitzgerald analyst Thomas Blakey initiated coverage of Cerence (CRNC) with an Overweight rating and $11 price target
Cerence initiated with an Overweight at Cantor Fitzgerald
Cantor Fitzgerald analyst Thomas Blakey initiated coverage of Cerence (CRNC) with an Overweight rating and $11 price target The firm has a positive bias toward conversational AI, particularly voice-le...
Cerence, Vivoka expand collaboration to deliver voice AI for industrial markets
Cerence (CRNC) and Vivoka announced an expanded strategic partnership to bring advanced, multi-lingual embedded voice AI to industrial markets worldwide. This collaboration creates a scalable pathway ...
Cerence and Vivoka Expand Collaboration to Deliver Embedded Voice AI for Industrial Markets Worldwide
SUMMARY AND KEY POINTS: Cerence AI and Vivoka have expanded their partner-led strategy to deliver embedded voice AI to global industrial markets, including logistics and field services. The fully embe...
Cerence price target lowered to $8 from $11 at Goldman Sachs
Goldman Sachs lowered the firm’s price target on Cerence (CRNC) to $8 from $11 and keeps a Neutral rating on the shares. The stock’s 29% decline is attributed to broader…
Cerence price target lowered to $12 from $13 at TD Cowen
TD Cowen lowered the firm’s price target on Cerence (CRNC) to $12 from $13 and keeps a Hold rating on the shares. The firm said a noisy financial outcome as…
Cerence sees FY26 EPS (18c)-26c, consensus 77c
Sees FY26 revenue $300M-$320M, consensus $314.78M.
Cerence reports Q1 EPS (12c), consensus 2c
Reports Q1 revenue $115.1M, consensus $114.51M. “We delivered a strong start to fiscal 2026, with solid revenue performance, adjusted EBITDA above the high end of guidance, and a quarterly record…
Cerence sees Q2 EPS (1c)-8c, consensus 16c
Sees Q2 revenue $58M-$62M, consensus $64.86M.
Cerence Delivers Strong Q1 FY26 Results, with Record-Setting Free Cash Flow, Adjusted EBITDA Above Guidance, and Accelerating Technology and Customer Momentum
Headlines Strong Q1 results with revenue of $115.1 million, including the $49.5M patent license payment; Net cash provided by operating activities of $37.9 million; and free cash flow of $35.6 million...
Neusoft and Cerence AI Sign Strategic Cooperation Agreement to Deliver an AI-Powered Automotive Cockpit Platform
SHENYANG, China, Jan. 22, 2026 /PRNewswire/ -- Neusoft Corporation, an industry-leading information technology, products and solutions company, and Cerence AI, a global leader pioneering conversationa...
Geely Automobile selects Cerence xUI to power in-car AI experience
Cerence (CRNC) announced that Geely Auto will deploy Cerence xUI, the company’s hybrid, agentic AI platform, to comprehensively upgrade the automaker’s overseas in-vehicle voice interaction experience...
Geely Auto Selects Cerence xUI to Power its Next-Gen, LLM-Powered In-Car AI Experience
LAS VEGAS and BURLINGTON, Mass., Jan. 05, 2026 (GLOBE NEWSWIRE) -- CES 2026 -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global technology leader in conversational AI-powered user experiences, tod...
Cerence announces repurchase of $30M of convertible senior notes
Cerence (CRNC) entered into privately negotiated transactions with certain holders of its 1.50% Convertible Senior Notes Due 2028, pursuant to which the Company agreed to repurchase $30M aggregate pri...
Cerence unveils lineup of innovations to be showcased at CES 2026
Cerence (CRNC) unveiled a lineup of innovations that it will showcase at CES 2026, taking place from January 6-9, 2026, in Las Vegas. Cerence’s booth in the West Hall at…
Cerence launches two AI agents for automotive ecosystem
Cerence (CRNC) introduced two new AI agents to its ecosystem of intelligent, domain-specific agents built to address its customers’ most pressing challenges. The dealer assist agent, an AI agent desig...
Cerence AI to Participate in Raymond James TMT and Consumer Conference
BURLINGTON, Mass., Dec. 01, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced that the Company...