Cerence Inc. (CRNC)

NASDAQ: CRNC · IEX Real-Time Price · USD
30.70
-0.25 (-0.81%)
At close: May 20, 2022 4:00 PM
29.79
-0.91 (-2.96%)
After-hours:May 20, 2022 6:17 PM EDT
Market Cap1.21B
Revenue (ttm)375.58M
Net Income (ttm)32.36M
Shares Out39.31M
EPS (ttm)0.75
PE Ratio40.93
Forward PE15.92
Dividendn/a
Ex-Dividend Daten/a
Volume451,905
Open31.26
Previous Close30.95
Day's Range29.29 - 31.99
52-Week Range24.66 - 127.80
Beta2.77
AnalystsBuy
Price Target54.91 (+78.9%)
Earnings DateMay 10, 2022

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.

IndustrySoftware
Employees1,700
Stock ExchangeNASDAQ
Ticker SymbolCRNC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for CRNC stock is "Buy." The 12-month stock price forecast is 54.91, which is an increase of 78.86% from the latest price.

Price Target
$54.91
(78.86% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SAIC Mobility Robotaxi Selects Cerence to Power Natural, Conversational Interaction in China's First L4 Self-Driving ...

The Cerence Mobility Platform delivers intuitive, humanized interaction between robotaxis and passengers in a turnkey, easy-to-deploy platform The Cerence Mobility Platform delivers intuitive, humanized...

4 days ago - GlobeNewsWire

Cerence (CRNC) Matches Q2 Earnings Estimates

Cerence (CRNC) delivered earnings and revenue surprises of 0% and 2.47%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Cerence Reports Mixed Q2 Results; Margins Shrink Due To Automotive Headwinds

Cerence Inc (NASDAQ: CRNC) reported a second-quarter FY22 revenue decline of 12.5% year-on-year to $86.3 million, above the consensus of $84.6 million. Non-GAAP EPS of $0.33 missed the consensus of $0.34.

1 week ago - Benzinga

Cerence Announces Second Quarter Fiscal Year 2022 Results

First half bookings total $448 million, up 53% compared to 1HFY21

1 week ago - GlobeNewsWire

Cerence Announces New Appointments to Strengthen Leadership Team

BURLINGTON, Mass., May 06, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Tom Beaudoin has been appointed Executive Vice President and Chief Financi...

2 weeks ago - GlobeNewsWire

SHAREHOLDER ALERT: Rigrodsky Law, P.A. is Investigating Cerence Inc.

Wilmington, Delaware--(Newsfile Corp. - May 4, 2022) - Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Cerence Inc. (NASDAQ: CRNC) on behalf of stockholders.T...

2 weeks ago - Newsfile Corp

Why the Earnings Surprise Streak Could Continue for Cerence (CRNC)

Cerence (CRNC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 weeks ago - Zacks Investment Research

Cerence to Announce Fiscal Second Quarter Results on May 10, 2022

BURLINGTON, Mass., May 03, 2022 (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, 2022 on Tues...

2 weeks ago - GlobeNewsWire

Analysts Estimate Cerence (CRNC) to Report a Decline in Earnings: What to Look Out for

Cerence (CRNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 weeks ago - Zacks Investment Research

FINAL DEADLINE TODAY: ROSEN, A TOP RANKED FIRM, Encourages Cerence Inc. Investors with Losses Over $100K to Secure Co...

New York, New York--(Newsfile Corp. - April 26, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cerence Inc. (NASDAQ: CRNC) between February 8, 20...

3 weeks ago - Newsfile Corp

Deadline Today: The Schall Law Firm Encourages Investors in Cerence Inc. with Losses of $500,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - April 26, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Cerence Inc. ("Cerenc...

3 weeks ago - Newsfile Corp

CRNC ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of April 26, 2022 in the Class Action Filed on Beh...

NEW YORK , April 26, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Cerence Inc. (NASDAQ: CRNC) alleging that the Company vio...

3 weeks ago - PRNewsWire

Cerence Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 26, 2022 to Discuss...

New York, New York--(Newsfile Corp. - April 25, 2022) - Levi & Korsinsky, LLP notifies investors in Cerence Inc. ("Cerence Inc." or the "Company") (NASDAQ: CRNC) of a class action securities lawsuit.The...

3 weeks ago - Newsfile Corp

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cerence Inc. - CRNC

NEW YORK , April 25, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Cerence Inc. ("Cerence" or the "Company") (NASDAQ: CRNC).  Such investors are advised to contact...

3 weeks ago - PRNewsWire

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Cerence In...

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming April 26, 2022 deadline to file a lead plaintiff motion in the class action filed on behalf of investors ...

3 weeks ago - Business Wire

Bronstein, Gewirtz & Grossman, LLC Reminds Cerence Inc. (CRNC) Investors of Class Action Deadline and Last Few Hours ...

NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Cerence Inc. (“Cerence” or the “Company”) (NASDA...

3 weeks ago - Business Wire

CRNC DEADLINE TOMORROW: ROSEN, A LEADING LAW FIRM, Encourages Cerence Inc. Investors to Secure Counsel Before Importa...

New York, New York--(Newsfile Corp. - April 25, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cerence Inc. (NASDAQ: CRNC) between February 8, 20...

3 weeks ago - Newsfile Corp

CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind Cerence Inc. Investors of a Lead Plaintiff Deadline of Apr...

NEW YORK, April 25, 2022 /PRNewswire/ -- Attention Cerence Inc. ("Cerence Inc.") (NASDAQ: CRNC) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf...

3 weeks ago - PRNewsWire

Three Bearish Tech Stocks To Dump Overnight

This article will highlight three tech stocks you should dump because they exemplify the worst stocks in a bear market.

Other symbols:ENPHPYPL
4 weeks ago - The Dog of Wall Street

CRNC TUESDAY DEADLINE: ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Cerence Inc. Investors to Secure Counsel Before ...

New York, New York--(Newsfile Corp. - April 22, 2022) - WHY: New York, N.Y., April 22, 2022. Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cerence Inc. (NASD...

4 weeks ago - Newsfile Corp

CRNC Investors Have Opportunity to Lead Cerence Inc. Securities Fraud Lawsuit

Shareholders with $400,000 losses or more are encouraged to contact the firm BENSALEM, Pa., April 22, 2022 /PRNewswire/ -- Law Offices of Howard G.

4 weeks ago - PRNewsWire

Deadline Tuesday Reminder:The Schall Law Firm Encourages Investors in Cerence Inc. with Losses of $500,000 to Contact...

Los Angeles, California--(Newsfile Corp. - April 22, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Cerence Inc. ("Cerenc...

4 weeks ago - Newsfile Corp

Tuesday Deadline Notice:The Schall Law Firm Encourages Investors in Cerence Inc. with Losses of $500,000 to Contact t...

Los Angeles, California--(Newsfile Corp. - April 21, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Cerence Inc. ("Cerenc...

1 month ago - Newsfile Corp

CRNC LAWSUIT ALERT: Levi & Korsinsky Notifies Cerence Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK , April 21, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Cerence Inc. ("Cerence Inc." or the "Company") (NASDAQ: CRNC) of a class action securities lawsuit. CLASS DEFINITION...

1 month ago - PRNewsWire

ROSEN, LEADING INVESTOR COUNSEL, Encourages Cerence Inc. Investors with Losses to Secure Counsel Before Important Apr...

New York, New York--(Newsfile Corp. - April 20, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cerence Inc. (NASDAQ: CRNC) between February 8, 20...

1 month ago - Newsfile Corp