Cerence Inc. (CRNC)
NASDAQ: CRNC · Real-Time Price · USD
9.79
-0.63 (-6.05%)
At close: May 15, 2026, 4:00 PM EDT
9.60
-0.19 (-1.94%)
After-hours: May 15, 2026, 7:57 PM EDT
Cerence Stock Forecast
Stock Price Forecast
The 3 analysts that cover Cerence stock have a consensus rating of "Hold" and an average price target of $10.67, which forecasts a 8.99% increase in the stock price over the next year. The lowest target is $9.00 and the highest is $12.
Price Target: $10.67 (+8.99%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Cerence stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 4 | 4 | 4 | 4 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $8 → $9 | Hold | Maintains | $8 → $9 | -8.07% | May 8, 2026 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $11 | Buy | Initiates | $11 | +12.36% | Apr 2, 2026 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $11 → $8 | Hold | Maintains | $11 → $8 | -18.28% | Feb 9, 2026 |
| TD Cowen | TD Cowen | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | +22.57% | Feb 5, 2026 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $10 → $11 | Hold | Maintains | $10 → $11 | +12.36% | Nov 20, 2025 |
Financial Forecast
Revenue This Year
320.21M
from 251.78M
Increased by 27.18%
Revenue Next Year
294.63M
from 320.21M
Decreased by -7.99%
EPS This Year
0.70
from -0.43
EPS Next Year
0.77
from 0.70
Increased by 9.38%
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 | 294.6M | |
| Low | 303.5M | 258.0M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 32.9% | 6.5% | |
| Avg | 27.2% | -8.0% | |
| Low | 20.5% | -19.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.80 | 1.19 | |
| Avg | 0.70 | 0.77 | |
| Low | 0.50 | 0.34 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | 69.1% | |
| Avg | - | 9.4% | |
| Low | - | -51.1% |
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 sources.