Cerence Inc. (CRNC)
NASDAQ: CRNC · Real-Time Price · USD
7.24
+0.22 (3.13%)
Mar 16, 2026, 12:54 PM EDT - Market open
Cerence Stock Forecast
Stock Price Forecast
The 4 analysts that cover Cerence stock have a consensus rating of "Buy" and an average price target of $11.5, which forecasts a 58.84% increase in the stock price over the next year. The lowest target is $8.00 and the highest is $16.
Price Target: $11.5 (+58.84%)
Analyst Consensus: Buy
* Price targets were last updated on Feb 9, 2026.
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 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $11 → $8 | Hold | Maintains | $11 → $8 | +10.50% | Feb 9, 2026 |
| TD Cowen | TD Cowen | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | +65.75% | Feb 5, 2026 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $10 → $11 | Hold | Maintains | $10 → $11 | +51.93% | Nov 20, 2025 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $9 → $10 | Hold | Maintains | $9 → $10 | +38.12% | Aug 7, 2025 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $8 → $9 | Hold | Maintains | $8 → $9 | +24.31% | May 9, 2025 |
Financial Forecast
Revenue This Year
320.20M
from 251.78M
Increased by 27.17%
Revenue Next Year
291.92M
from 320.20M
Decreased by -8.83%
EPS This Year
0.69
from -0.43
EPS Next Year
0.69
from 0.69
Decreased by -0.49%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 334.7M | 341.1M | |
| Avg | 320.2M | 291.9M | |
| Low | 303.5M | 258.0M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 32.9% | 6.5% | |
| Avg | 27.2% | -8.8% | |
| Low | 20.5% | -19.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.80 | 1.19 | |
| Avg | 0.69 | 0.69 | |
| Low | 0.50 | 0.34 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | 71.1% | |
| Avg | - | -0.5% | |
| Low | - | -50.5% |
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.