Cerence Inc. (CRNC)
NASDAQ: CRNC · Real-Time Price · USD
9.44
-0.29 (-2.98%)
At close: Jun 27, 2025, 4:00 PM
9.47
+0.03 (0.32%)
After-hours: Jun 27, 2025, 7:46 PM EDT
Cerence Stock Forecast
Stock Price Forecast
The 7 analysts that cover Cerence stock have a consensus rating of "Buy" and an average price target of $9.43, which forecasts a -0.11% decrease in the stock price over the next year. The lowest target is $6 and the highest is $16.
Price Target: $9.43 (-0.11%)
Analyst Consensus: Buy
* Price targets were last updated on May 9, 2025.
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 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 6 | 6 | 6 | 6 | 6 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $8 → $9 | Hold | Maintains | $8 → $9 | -4.66% | May 9, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $12 → $10 | Hold | Maintains | $12 → $10 | +5.93% | May 8, 2025 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $14 → $8 | Hold | Maintains | $14 → $8 | -15.25% | Apr 10, 2025 |
| Needham | Needham | Strong Buy Reiterates $16 | Strong Buy | Reiterates | $16 | +69.49% | Mar 18, 2025 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $6 → $9 | Hold | Maintains | $6 → $9 | -4.66% | Feb 18, 2025 |
Financial Forecast
Revenue This Year
246.12M
from 331.50M
Decreased by -25.76%
Revenue Next Year
265.85M
from 246.12M
Increased by 8.02%
EPS This Year
0.35
from -14.12
EPS Next Year
0.30
from 0.35
Decreased by -13.14%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 258.2M | 291.4M | 309.9M |
| Avg | 246.1M | 265.9M | 285.5M |
| Low | 232.0M | 238.9M | 249.4M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -22.1% | 18.4% | 16.6% |
| Avg | -25.8% | 8.0% | 7.4% |
| Low | -30.0% | -2.9% | -6.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.65 | 0.47 | 0.68 |
| Avg | 0.35 | 0.30 | 0.41 |
| Low | -0.12 | 0.05 | 0.15 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | 35.3% | 124.9% |
| Avg | - | -13.1% | 34.5% |
| Low | - | -86.0% | -51.6% |
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.