Cerence Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Cerence stock have an average target of 8.66, with a low estimate of 3.30 and a high estimate of 16. The average target predicts a decrease of -36.04% from the current stock price of 13.54.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$3.30	$8.66	$9.00	$16
Change	-75.63%	-36.04%	-33.53%	+18.17%

Analyst Ratings

The average analyst rating for Cerence stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	1	1	1	1	1	2
Buy	0	0	0	0	0	0
Hold	7	7	7	7	7	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	8	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Quinn Bolton Needham	Needham	Hold → Strong Buy Upgrades $16	Hold → Strong Buy	Upgrades	$16	+18.17%	Jan 22, 2025
Mark Delaney Goldman Sachs	Goldman Sachs	Hold Maintains $8 → $14	Hold	Maintains	$8 → $14	+3.40%	Jan 16, 2025
Quinn Bolton Needham	Needham	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Nov 25, 2024
Jeff Van Rhee Craig-Hallum	Craig-Hallum	Hold Maintains $3.5 → $6	Hold	Maintains	$3.5 → $6	-55.69%	Nov 22, 2024
Jeff Osborne TD Cowen	TD Cowen	Strong Buy Maintains $12 → $10	Strong Buy	Maintains	$12 → $10	-26.14%	Aug 9, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

248.99M

from 331.50M

-24.89%

from 331.50M

Revenue Next Year

261.80M

from 248.99M

5.14%

from 248.99M

EPS This Year

-0.01

from -14.12

EPS Next Year

0.35

from -0.01

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Sep 30, 2020	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026	Sep 30, 2027
Revenue	330.97M	387.18M	327.89M	294.48M	331.50M	248.99M	261.80M	273.79M
Revenue Growth	9.12%	16.99%	-15.31%	-10.19%	12.57%	-24.89%	5.14%	4.58%
EPS	-0.50	1.17	-7.93	-1.40	-14.12	-0.01	0.35	0.82
EPS Growth	-	-	-	-	-	-	-	131.08%
Forward PE	-	-	-	-	-	-	38.34	16.59
No. Analysts	-	-	-	-	-	9	7	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	271.7M	281.2M	296.9M
Avg	249.0M	261.8M	273.8M
Low	234.5M	239.4M	249.0M

Revenue Growth

Revenue Growth	2025	2026	2027
High	-18.0%	12.9%	13.4%
Avg	-24.9%	5.1%	4.6%
Low	-29.3%	-3.8%	-4.9%

EPS Forecast

EPS	2025	2026	2027
High	0.25	0.69	0.84
Avg	-0.01	0.35	0.82
Low	-0.31	0.05	0.78

EPS Growth

EPS Growth	2025	2026	2027
High	-	-	137.9%
Avg	-	-	131.1%
Low	-	-	122.0%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.