Cerence Inc. (CRNC)
| Market Cap | 384.91M -15.6% |
| Revenue (ttm) | 309.49M +25.8% |
| Net Income | -15.39M |
| EPS | -0.35 |
| Shares Out | 45.23M |
| PE Ratio | n/a |
| Forward PE | 11.27 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 528,071 |
| Open | 8.46 |
| Previous Close | 8.42 |
| Day's Range | 8.29 - 8.61 |
| 52-Week Range | 5.85 - 13.74 |
| Beta | 3.01 |
| Analysts | Hold |
| Price Target | 10.75 (+26.32%) |
| Earnings Date | Aug 6, 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 5 analysts, the average rating for CRNC stock is "Hold." The 12-month stock price target is $10.75, which is an increase of 26.32% from the latest price.
News
Cerence repurchases $10M of 1.50% Convertible Senior Notes Due 2028
Cerence (CRNC) announced that, in light of its current cash position and outlook for future cash generation, the company entered into privately negotiated transactions with certain holders of its 1.50...
Cerence Announces Repurchase of $10 Million of 1.50% Convertible Senior Notes Due 2028
BURLINGTON, Mass., Aug. 26, 2026 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI” or “the Company”), a global leader pioneering conversational AI-powered user experiences, today announced...
Cerence Earnings Call Transcript: Q3 2026
Q3 revenue grew 12% year-over-year to $70M, with strong gains in Connected Services and adjusted EBITDA above guidance. xUI platform ramped up with new OEM deals, and the first share repurchase program was announced. FY26 guidance was raised, with FY27 expected to deliver accelerated growth.
Cerence Slides: Q3 2026
Cerence has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on August 6, 2026.
Cerence Earnings release: Q3 2026
Cerence released its Q3 2026 earnings on August 6, 2026, summarizing the period's financial results.
Cerence Quarterly report: Q3 2026
Cerence has published its Q3 2026 quarterly earnings report on August 6, 2026.
Cerence to Announce Fiscal Third Quarter Results on August 6, 2026
BURLINGTON, Mass., July 27, 2026 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, will announce its third quarter ...
SoundHound vs. Cerence: One Voice AI Stock Has 90% Upside, the Other Faces Downside Risk
SoundHound AI ($SOUN) and Cerence ($CRNC) are two companies looking to benefit from the growing adoption of voice AI. While both operate in the same industry, their financial performance and…
Cerence Slides: Investor presentation
Cerence has posted slides in relation to its latest quarterly earnings report, which was published on May 29, 2026.
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 Earnings Call Transcript: Q2 2026
Q2 2026 revenue and adjusted EBITDA exceeded guidance, driven by strong connected services growth and disciplined execution. xUI platform adoption is ramping up with major OEM wins, and full-year guidance for revenue, EBITDA, and free cash flow has been raised.
Cerence Slides: Q2 2026
Cerence has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on May 7, 2026.
Cerence Earnings release: Q2 2026
Cerence released its Q2 2026 earnings on May 7, 2026, summarizing the period's financial results.
Cerence Quarterly report: Q2 2026
Cerence has published its Q2 2026 quarterly earnings report on May 7, 2026.
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...