Cerence Inc. (CRNC)
NASDAQ: CRNC · Real-Time Price · USD
9.50
-0.07 (-0.73%)
May 15, 2025, 9:30 AM - Market open
Cerence Stock Forecast
Stock Price Forecast
According to 8 professional analysts, the 12-month price target for Cerence stock ranges from a low of $6.00 to a high of $16. The average analyst price target of $9.38 forecasts a -1.26% decrease in the stock price over the next year.
Price Target: $9.38 (-1.26%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Cerence stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 7 | 6 | 6 | 6 | 6 | 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 |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $8 → $9 | Hold | Maintains | $8 → $9 | -5.26% | May 9, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $12 → $10 | Hold | Maintains | $12 → $10 | +5.26% | May 8, 2025 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $14 → $8 | Hold | Maintains | $14 → $8 | -15.79% | Apr 10, 2025 |
| Needham | Needham | Strong Buy Reiterates $16 | Strong Buy | Reiterates | $16 | +68.42% | Mar 18, 2025 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $6 → $9 | Hold | Maintains | $6 → $9 | -5.26% | Feb 18, 2025 |
Financial Forecast
Revenue This Year
248.02M
from 331.50M
Decreased by -25.18%
Revenue Next Year
270.90M
from 248.02M
Increased by 9.23%
EPS This Year
0.14
from -14.12
EPS Next Year
0.38
from 0.14
Increased by 166.08%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 259.1M | 293.5M | 312.1M |
| Avg | 248.0M | 270.9M | 284.6M |
| Low | 232.8M | 234.6M | 244.8M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -21.8% | 18.3% | 15.2% |
| Avg | -25.2% | 9.2% | 5.0% |
| Low | -29.8% | -5.4% | -9.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.32 | 0.68 | 0.95 |
| Avg | 0.14 | 0.38 | 0.58 |
| Low | 0.02 | -0.06 | 0.11 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | 383.4% | 151.5% |
| Avg | - | 166.1% | 54.8% |
| Low | - | - | -71.3% |
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.