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Cerence (CRNC)
NASDAQ:CRNC
CRNC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$2.34 - $27.50
Previous CloseN/A
Volume6.30M
Average Volume (3M)1.07M
Market Cap
$385.77M
Enterprise Value$499.12M
Total Cash (Recent Filing)$99.18M
Total Debt (Recent Filing)$291.69M
Price to Earnings (P/E)―
Beta1.81
Next Earnings
May 07, 2025EPS Estimate
0.3Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-15.22
Shares Outstanding43,198,994
10 Day Avg. Volume898,304
30 Day Avg. Volume1,073,439
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.69
Price to Cash Flow (P/CF)11.20
P/FCF Ratio8.40
Enterprise Value/Market Cap1.29
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit2.04
Enterprise Value/Ebitda-0.78
Forecast
1Y Price Target
$12.10Price Target Upside35.50% Upside
Rating ConsensusHold
Number of Analyst Covering6
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Cerence News
PremiumCompany Announcements
Cerence Appoints Marion Harris to Board of Directors
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Bulls Say, Bears Say
Bulls Say
Financial PerformanceCerence delivered a 1Q beat and pointed to the high end of FY25 EBITDA and FCF guidance with 2Q guidance ahead of expectations.
Strategic PartnershipsThe recent collaboration with NVIDIA can enhance CRNC software capabilities and offer a unique go-to-market with edge LLMs.
Technological AdvancementsCerence's xUI Gen1 platform opens new avenues for custom OEM branding and LLM choice.
Bears Say
Financial Challenges$87.5mn convertible note due in June 2025 poses a near-term financial challenge as management is exploring refinancing options.
Market PenetrationLack of traction with OEMs in China.
Market SentimentInvestor interest is anticipated to remain subdued with CRNC still down significantly YTD despite recent positive movements.
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Ownership Overview
7.20% Insiders
12.56% Mutual Funds
0.73% Other Institutional Investors
68.43% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CRNC FAQ
What was Cerence’s price range in the past 12 months?
Cerence lowest stock price was $2.34 and its highest was $27.50 in the past 12 months.
What is Cerence’s market cap?
Cerence’s market cap is $385.77M.
When is Cerence’s upcoming earnings report date?
Cerence’s upcoming earnings report date is May 07, 2025 which is in 11 days.
How were Cerence’s earnings last quarter?
Cerence released its earnings results on Feb 06, 2025. The company reported -$0.03 earnings per share for the quarter, beating the consensus estimate of -$0.258 by $0.228.
Is Cerence overvalued?
According to Wall Street analysts Cerence’s price is currently Undervalued.
Does Cerence pay dividends?
Cerence does not currently pay dividends.
What is Cerence’s EPS estimate?
Cerence’s EPS estimate is 0.3.
How many shares outstanding does Cerence have?
Cerence has 43,198,994 shares outstanding.
What happened to Cerence’s price movement after its last earnings report?
Cerence reported an EPS of -$0.03 in its last earnings report, beating expectations of -$0.258. Following the earnings report the stock price went up 13.658%.
Which hedge fund is a major shareholder of Cerence?
Currently, no hedge funds are holding shares in CRNC
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Cerence Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$12.10 (35.50% Upside)
$12.10 (35.50% Upside)
Blogger Sentiment
Bullish
CRNC Sentiment 80%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 80.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $53.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 2.8%
Last 30 Days ▼ 2.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-11.14%
12-Months-Change
Fundamentals
Return on Equity
-149.38%
Trailing 12-Months
Asset Growth
-51.18%
Trailing 12-Months
Company Description
Cerence
Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market worldwide. The company offers edge software components; cloud-connected components and related toolkits and applications; and virtual assistant coexistence and professional services. It also provides conversational artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic modeling technology. Cerence Inc. is headquartered in Burlington, Massachusetts.
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CRNC Company Deck
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CRNC Earnings Call
Q1 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
Cerence reported a positive first quarter with revenue and adjusted EBITDA surpassing expectations. The company demonstrated strong cash flow and strategic debt reduction. However, challenges remain, including a year-over-year revenue decline due to legacy contract issues and a net loss for the quarter. The company's market penetration in China continues to be a concern. Despite these challenges, Cerence's partnerships and future guidance provide a positive outlook.Read More>---
CRNC Stock 12 Month Forecast
Average Price Target
$12.10
▲(35.50% Upside)
Technical Analysis
Best Analysts Covering CRNC
1 Year
1 Year Success Rate
0/3 ratings generated profit
1 Year Average Return
-39.43%
reiterated a buy rating last month
Copying Nick Doyle's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -39.43% per trade.
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