CerenceCRNC
CRNC
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
0
Funds holding %
of 7,312 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
50% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 30
8% more funds holding
Funds holding: 162 [Q4 2024] → 175 (+13) [Q1 2025]
2% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 48
1% more capital invested
Capital invested by funds: $260M [Q4 2024] → $261M (+$1.49M) [Q1 2025]
0% less call options, than puts
Call options by funds: $9.44M | Put options by funds: $9.47M
0.4% less ownership
Funds ownership: 76.92% [Q4 2024] → 76.52% (-0.4%) [Q1 2025]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$9
4%
downside
Avg. target
$9.50
2%
upside
High target
$10
7%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
Goldman Sachs Mark Delaney | 4%downside $9 | Neutral Maintained | 9 May 2025 |
Wells Fargo Colin Langan | 7%upside $10 | Equal-Weight Maintained | 8 May 2025 |
Financial journalist opinion
Based on 4 articles about CRNC published over the past 30 days
Neutral
Seeking Alpha
10 hours ago
Cerence: A Strong Quarter Can't Mask A Lackluster Growth Story
I rate Cerence a 'Hold' for long-term investors due to inconsistent growth and an elevated valuation despite a strong recent quarter. Q2 2025 results exceeded guidance, but management expects no further material fixed license revenue this fiscal year, limiting near-term upside. The lawsuit against Microsoft demonstrates Cerence's commitment to IP protection, but poses significant risks given Microsoft's resources.
Positive
The Motley Fool
2 weeks ago
Why AI Stock Cerence Was Pushing Higher This Week
Two developments over the past few days have sent Cerence (CRNC 3.29%) stock skyward. According to data compiled by S&P Global Market Intelligence, shares of the company -- which specializes in developing artificial intelligence (AI) capabilities for in-car systems -- were rising by almost 13% week to date as of Friday before market open.
Positive
Zacks Investment Research
2 weeks ago
SoundHound AI vs. Cerence: Which Voice AI Stock Holds More Promise?
SOUN and CRNC battle for voice AI dominance, but only one is scaling fast across sectors beyond autos with strong momentum.
Positive
Zacks Investment Research
2 weeks ago
Cerence (CRNC) Moves 14.8% Higher: Will This Strength Last?
Cerence (CRNC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Negative
Market Watch
1 month ago
20 stocks you should avoid — no matter how well the market does
These hard-to-short stocks are likely to lose money, researchers found.
Neutral
GlobeNewsWire
1 month ago
Cerence AI Partners with Arm to Deliver Enhanced LLM Capabilities at the Edge
BURLINGTON, Mass., May 28, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced a strategic partnership with Arm in which Cerence AI will leverage Arm's comprehensive software library, Arm® Kleidi™, to advance the capabilities and performance of CaLLM™ Edge, its embedded small language model (SLM).
Neutral
Seeking Alpha
2 months ago
Cerence Inc. (CRNC) Q2 2025 Earnings Call Transcript
Cerence Inc. (NASDAQ:CRNC ) Q2 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Kate Hickman - VP, Corporate Communications and IR Brian Krzanich - CEO Tony Rodriquez - EVP and CFO Conference Call Participants Daniel Hibshman - Craig-Hallum Nicholas Doyle - Needham Mark Delaney - Goldman Sachs Itay Michaeli - TD Cowen Kate Hickman Hello everyone and welcome to Cerence's Second Quarter 2025 Conference Call. I'm Kate Hickman, VP of Corporate Communications and Investor Relations.
Positive
Zacks Investment Research
2 months ago
Cerence (CRNC) Q2 Earnings and Revenues Surpass Estimates
Cerence (CRNC) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to loss of $0.09 per share a year ago.
Neutral
GlobeNewsWire
2 months ago
Cerence AI Files Copyright Infringement Suit Against Microsoft and Nuance
BURLINGTON, Mass., May 06, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced the filing of a copyright infringement and breach of contract lawsuit against Microsoft and Nuance Communications in the United States District Court for the District of Delaware.
Neutral
GlobeNewsWire
2 months ago
Auto Shanghai 2025: Cerence AI Partners with Industry Leaders to Showcase xUI, its Hybrid, Agentic AI Assistant Platform
SHANGHAI and BURLINGTON, Mass., April 22, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, will demo Cerence xUI™, its agentic AI assistant platform that works across the edge and the cloud, for the first time at Auto Shanghai 2025.
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