Cerence (CRNC)

• Market cap: $444M
• 1 day: -1.16%
• 5 days: 8.57%
• 1 month: -13.27%
• 3 months: 20.28%
• 6 months: -0.58%
• Year to date: 29.38%
• 1 year: 303.94%
• 5 years: -82.28%
• 10 years: -33.16%
• Sector: Technology
• Industry: Software - Application

About: Cerence Inc is a United States-based software company. It is involved in developing mobility-based solutions for drivers and their cars. The customers include all automobile original equipment manufacturers, or OEMs, or their tier 1 suppliers. The company's revenue is generated by selling software licenses and cloud-connected services. Geographically, it derives a majority of its revenue from the United States and also has a presence in Other Americas; Germany; Other Europe, the Middle East, Africa; Japan, and Other Asia-Pacific.

Employees: 1,400

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

32% more call options, than puts

Call options by funds: $15.8M | Put options by funds: $12M

20% more capital invested

Capital invested by funds: $261M [Q1] → $313M (+$51.9M) [Q2]

18% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 50

3% less funds holding

Funds holding: 175 [Q1] → 170 (-5) [Q2]

5.62% less ownership

Funds ownership: 76.52% [Q1] → 70.9% (-5.62%) [Q2]

10% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 30

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $10
• Avg. target: $10
• High target: $10

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Goldman Sachs Mark Delaney

$10

Neutral Maintained

7 Aug 2025