10.15

4.21% +0.41

Pre-market: 10.17 0.02 +0.20%

Cerence Inc (CRNC)

Overview News Price History Option Chain Financials Why CRNC Down? Discussions Forecast

Cerence Inc stock is currently priced at $10.15, with a 24-hour trading volume of 627.06K. It has seen a +4.21% increased in the last 24 hours and a -31.00% declined in the past month. The chart indicates a potential bullish trend, as the stock is above the $9.61 pivot point. If it approaches the $10.30 resistance level, significant changes may occur.

Previous Close:

$9.74

Open:

$10.05

24h Volume:

627.06K

Market Cap:

$423.00M

Revenue:

$349.15M

Net Income/Loss:

$-30.24M

P/E Ratio:

-1.4604

EPS:

-6.95

Net Cash Flow:

$1.43M

1W Performance:

+4.53%

1M Performance:

-31.00%

6M Performance:

-38.82%

1Y Performance:

-60.12%

1D Range:

$9.80

$10.21

52W Range:

$8.91

$36.79

Cerence Inc Stock (CRNC) Company Profile

Name

Cerence Inc

Sector

Technology (787)

Industry

Software - Application (272)

Phone

857 362 7300

Address

15 Wayside Road, Burlington, MA

Employee

1,400

Twitter

@CerenceInc

Next Earnings Date

2024-05-09

Latest SEC Filings

CRNC's Discussions on Twitter

Cerence Inc Stock (CRNC) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Feb-09-23	Upgrade	Craig Hallum	Hold → Buy
Aug-10-22	Downgrade	Craig Hallum	Buy → Hold
Aug-10-22	Downgrade	Raymond James	Outperform → Mkt Perform
Jul-07-22	Upgrade	RBC Capital Mkts	Underperform → Sector Perform
Feb-22-22	Downgrade	Goldman	Buy → Neutral
Feb-14-22	Downgrade	Evercore ISI	Outperform → In-line
Feb-08-22	Downgrade	Jefferies	Buy → Hold
Feb-08-22	Downgrade	RBC Capital Mkts	Sector Perform → Underperform
Feb-08-22	Downgrade	Robert W. Baird	Outperform → Neutral
Feb-08-22	Downgrade	Wedbush	Outperform → Neutral
Jan-14-22	Downgrade	RBC Capital Mkts	Outperform → Sector Perform
Dec-16-21	Upgrade	Wells Fargo	Equal Weight → Overweight
Dec-07-21	Upgrade	Raymond James	Mkt Perform → Outperform
Oct-06-21	Upgrade	RBC Capital Mkts	Sector Perform → Outperform
Aug-10-21	Reiterated	Needham	Buy
Jul-07-21	Downgrade	Raymond James	Outperform → Mkt Perform
Jun-04-21	Initiated	Robert W. Baird	Outperform
May-18-21	Upgrade	Evercore ISI	In-line → Outperform
Mar-26-21	Initiated	Wells Fargo	Equal Weight
Mar-11-21	Upgrade	Berenberg	Hold → Buy
Jan-08-21	Downgrade	Evercore ISI	Outperform → In-line
Dec-10-20	Initiated	Berenberg	Hold
Nov-18-20	Upgrade	Goldman	Sell → Buy
Nov-17-20	Downgrade	RBC Capital Mkts	Outperform → Sector Perform
Jul-01-20	Initiated	RBC Capital Mkts	Outperform
Jun-08-20	Initiated	Jefferies	Buy
May-26-20	Downgrade	Raymond James	Strong Buy → Outperform
May-12-20	Initiated	Cowen	Outperform
Jan-07-20	Initiated	Goldman	Sell

View All

Cerence Inc Stock (CRNC) Latest News

Cerence to Announce Fiscal Second Quarter Results on May 9, 2024

GlobeNewswire Inc.

Analyst Scoreboard: 4 Ratings For Cerence

Benzinga

Chamath Palihapitiya Says Voice Will Be the "Front Door" for the Next Phase of Artificial Intelligence (AI): Here Are Some Ways to Explore the Investment Opportunity

The Motley Fool

Cerence (CRNC) Boosts In-Car Experience with CaLLM AI Platform

Zacks Investment Research

Cerence Engages First Automaker Customers for CaLLM™, Its Pioneering Automotive Large Language Model

GlobeNewswire Inc.

Cerence Announces Equity Grant to Employee Under Inducement Plan

GlobeNewswire Inc.

Cerence Inc Stock (CRNC) Financials Data

Cerence Inc (CRNC) Revenue 2024

CRNC reported a revenue (TTM) of $349.15 million for the quarter ending December 31, 2023, a +10.10% rise year-over-year.

Cerence Inc (CRNC) Net Income 2024

CRNC net income (TTM) was -$30.24 million for the quarter ending December 31, 2023, a +90.89% increase year-over-year.

Cerence Inc (CRNC) Cash Flow 2024

CRNC recorded a free cash flow (TTM) of $1.43 million for the quarter ending December 31, 2023, a +106.18% increase year-over-year.

Cerence Inc (CRNC) Earnings per Share 2024

CRNC earnings per share (TTM) was -$0.82 for the quarter ending December 31, 2023, a +90.27% growth year-over-year.

Cerence Inc. provides A.I. powered assistants and innovations for connected and autonomous vehicles. It offers edge software components; cloud connected components; toolkits; applications; and virtual assistant coexistence and professional services. The company also provides conversational artificial intelligence, including voice recognition, natural language understanding, and artificial intelligence services. The company is headquartered in Burlington, Massachusetts.