Cerence Inc. (CRNC)
| Market Cap | 1.17B |
| Revenue (ttm) | 299.24M |
| Net Income (ttm) | -357.64M |
| Shares Out | 40.31M |
| EPS (ttm) | -9.10 |
| PE Ratio | n/a |
| Forward PE | 34.48 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 355,805 |
| Open | 28.94 |
| Previous Close | 28.53 |
| Day's Range | 28.56 - 29.38 |
| 52-Week Range | 12.82 - 32.42 |
| Beta | 2.61 |
| Analysts | Buy |
| Price Target | 30.00 (+3.45%) |
| Earnings Date | May 9, 2023 |
About CRNC
Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market worldwide. The company offers edge software components; cloud-connected components and related toolkits and applications; and 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 modeling technology. Cerence Inc. is headquartered in Burlington, Massachusetts. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for CRNC stock is "Buy." The 12-month stock price forecast is $30.0, which is an increase of 3.45% from the latest price.
News
Cerence to Present at Several Upcoming Investor Conferences
BURLINGTON, Mass., May 22, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will be presenting at several upcoming investor conferences over the next few weeks.
Cerence Ride to Bring Conversational AI Experience to Loncin Motorcycles Worldwide
Cerence continues to grow its presence in two-wheeler market; enables Loncin Motors to export advanced, multi-language conversational AI that keeps riders safe and connected Cerence continues to grow ...
Cerence Announces Second Quarter Fiscal Year 2023 Results
Headlines Strong Core Business drives revenue and profitability Bookings for the first six months of $263M with visibility into an expected strong second half of the fiscal year Cerence records anothe...
Cerence Signs Competitive Win-Back with International Luxury Automaker
Major global legacy OEM awards Cerence its cloud business in North America Major global legacy OEM awards Cerence its cloud business in North America
Cerence to Announce Fiscal Second Quarter Results on May 9, 2023
BURLINGTON, Mass., April 27, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will announce its second quarter financial results for the quarter ended March 31, 2023 on ...
Banma Selects Cerence to Bring Conversational AI to China's Largest OEMs
Shanghai Volkswagen Automotive Co. (SVW) and FAW-Volkswagen (FAW-VW) will leverage Cerence's multi-lingual solutions to deliver safer, more convenient in-car experiences Shanghai Volkswagen Automotive...
Cerence Unveils Enhanced, AI-Powered Biometrics Engine for Deeper Security and Personalization
Optimized for the in-car experience, advanced biometric capabilities in Cerence Assistant empower drivers and passengers with safe, secure interactions Optimized for the in-car experience, advanced bi...
Cerence to Present at the Morgan Stanley Technology, Media & Telecom Conference
BURLINGTON, Mass., March 01, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, announced today that it will be presenting at the Morgan Stanley Technology, Media & Teleco...
Cerence Partners with Yanfeng to Simplify In-Car Communication for SAIC-GM in its Buick CENTURY
SAIC-GM will leverage Cerence In-Car Communication within the Yanfeng infotainment system to enable simple communication between driver and passengers SAIC-GM will leverage Cerence In-Car Communicatio...
Cerence Announces First Quarter Fiscal Year 2023 Results
Strong Core Business drives revenue and profitability. Cerence Co-Pilot wins four more customers, including two win-backs.
Cerence to Announce Fiscal First Quarter Results on February 8, 2023
BURLINGTON, Mass., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will announce its first quarter financial results for the quarter ended December 31, 2022 on...
Cerence to Present at the 25th Annual Needham Growth Conference
BURLINGTON, Mass., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, announced today that it will be presenting at the 25th Annual Needham Growth Conference in N...
Cerence to Present at the Raymond James Technology Investors Conference
BURLINGTON, Mass., Dec. 01, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, announced today that it will be presenting at the Raymond James Technology Investors Confere...
Cerence Announces Fourth Quarter and Fiscal Year 2022 Results
Delivered strong full fiscal new bookings at $684M, up 16% year over year
Cerence to Announce Fourth Quarter and Fiscal Year 2022 Results and Host an Investor Day on November 29
BURLINGTON, Mass., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will announce its fourth quarter and fiscal year financial results for the quarter ended Sep...
Automotive Industry Leader and AI Luminary Nils Schanz Named Chief Product Officer at Cerence
Schanz to lead product strategy and customer delivery after fifteen years at Daimler Schanz to lead product strategy and customer delivery after fifteen years at Daimler
Renault and Cerence sign multi-year agreement to create next-gen, humanized co-pilot for an enhanced electric vehicle experience
BOULOGNE-BILLANCOURT, France and BURLINGTON, Mass., Oct. 17, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) and Renault Group today announced they have signed a multi-year agreement to build the...
Cerence and WFCO Partner to Develop Intuitive, AI-Powered RV Cabin Experience
Cerence and RV technology leader WFCO will unite their respective conversational AI and RV innovations to enhance safety, comfort and productivity Cerence and RV technology leader WFCO will unite thei...
Cerence Brings Industry-Leading Voice Technologies Outside the Car with Cerence Exterior Vehicle Communication
New Cerence offering creates new use cases and will be critical for the autonomous car user experience New Cerence offering creates new use cases and will be critical for the autonomous car user exper...
Cerence Teams with NVIDIA to Advance the Connected, Digital Automotive Cockpit
Cerence Assistant, now supported on the NVIDIA DRIVE platform, enables AI-powered connected car platforms that will fuel future mobility experiences Cerence Assistant, now supported on the NVIDIA DRIV...
Cerence to Present at the Goldman Sachs Communacopia + Technology Conference
BURLINGTON, Mass., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, announced today that it will be presenting at the Goldman Sachs Communacopia + Technology C...
Top Automaker Selects Cerence to Power New, Enhanced Intelligent Personal Assistant
BMW Group chooses Cerence AI and voice innovations for its new digital cabin experience, available first in the BMW 7 Series and BMW i7 in Fall 2022 BMW Group chooses Cerence AI and voice innovations ...
Cerence to Present at the 2nd Annual Evercore ISI Technology Conference
BURLINGTON, Mass., Sept. 02, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, announced today that it will be presenting at the 2nd Annual Evercore ISI Technology Confer...
Cerence Transforms Any Car Into a Smart, Connected Car with Cerence Link
New AI-powered offering brings connectivity and intelligence to enhance safety, convenience, security, and peace of mind for drivers New AI-powered offering brings connectivity and intelligence to enh...
INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Cerence Inc.'s Directors and Officers for Breach of Fiduciary Duties – CRNC
NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of...