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 7,296 funds
0
Analysts bullish %
of 3 analysts
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
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$9
7%
upside
Avg. target
$11.67
38%
upside
High target
$16
90%
upside
3 analyst ratings
1 positive
33%
2 neutral
67%
0 negative
0%
Goldman Sachs Mark Delaney | 7%upside $9 | Neutral Maintained | 9 May 2025 |
Wells Fargo Colin Langan | 19%upside $10 | Equal-Weight Maintained | 8 May 2025 |
Needham Quinn Bolton | 90%upside $16 | Buy Reiterated | 18 Mar 2025 |
Financial journalist opinion
Negative
Market Watch
3 days 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
2 weeks 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
1 month 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
1 month 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
1 month 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
1 month 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.
Neutral
GlobeNewsWire
1 month ago
Cerence to Announce Fiscal Second Quarter Results on May 7, 2025
BURLINGTON, Mass., April 16, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, will announce its second quarter financial results for the quarter ended March 31, 2025, on Wednesday, May 7, 2025, at 4:05pm Eastern Time / 1:05pm Pacific Time.
Neutral
GlobeNewsWire
2 months ago
Cerence AI Honored with 2025 ECARX Best Contribution Award
SHANGHAI and BURLINGTON, Mass., April 02, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced that it has received a Best Contribution Award at the 2025 ECARX Partnership Conference, held on March 11, 2025, in Hangzhou, China.
Positive
The Motley Fool
2 months ago
Better Artificial Intelligence Stock: SoundHound AI vs. Cerence AI
SoundHound AI (SOUN -4.22%) might not be a household name, but it has been one of the best-performing stocks since artificial intelligence (AI) became the hot phrase in the market around the end of 2022.
Positive
Benzinga
2 months ago
Top 3 Information Technology Stocks That Could Blast Off This Month
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
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