Cerence

CRNC

Market cap $488M

BURLINGTON, Mass., Oct. 16, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced that its hybrid, agentic AI platform, Cerence xUI™, was named AutoTech AI Solution of the Year in the sixth annual AutoTech Breakthrough Awards program recognizing the top companies, technologies, and products in the global automotive and transportation technology markets.

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.

Artificial intelligence (AI) stands as the defining technological invention of our time, reshaping everything from how we work to how businesses operate. The early winners -- composed mostly of the "Magnificent Seven" tech giants -- have captured the lion's share of attention and capital, driving market caps to record levels.

BURLINGTON, Mass., Oct. 10, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (the “Company” or “Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced that, in connection with Raja Bose's recent appointment as Vice President, Global Product Management, effective October 8, 2025, the Company granted Mr. Bose 63,397 time-based restricted stock units. The restricted stock units will vest in three equal installments on each of the first three anniversaries of the grant date, in each case subject to Mr. Bose's continued service with the Company through the applicable vesting date. These restricted stock units were granted as an inducement material to Mr. Bose entering into employment with the Company pursuant to Rule 5635(c)(4) of the Nasdaq Listing Rules.

Cerence leads virtual assistance in transportation, boasting a high-margin, scalable model and expanding into new markets beyond automotive. CRNC's growth strategy focuses on recurring revenues, innovation with its xUI AI platform, and expansion into adjacent and non-auto verticals like TVs and call centers. Despite recent revenue declines from a business model shift, CRNC demonstrates strong cash flow, rising PPU, and robust market penetration.

SUMMARY AND KEY POINTS: Cerence AI is developing a mobile work AI agent for the car that integrates with Microsoft 365 Copilot, enabling hands-free mobile work through a voice-first experience. Designed with automakers, end users, and enterprise IT requirements in mind, the AI agent will feature Microsoft Intune integration, bringing endpoint security and policy enforcement to the vehicle.

BURLINGTON, Mass., Sept. 04, 2025 (GLOBE NEWSWIRE) --  Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced the filing of a patent infringement lawsuit against Apple Inc. in the United States District Court for the Western District of Texas.

BURLINGTON, Mass., Aug. 25, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced the next evolution of its successful collaboration with the Volkswagen Group.

Cerence AI President and CEO Brian Krzanich joins 'Mad Money' host Jim Cramer to talk quarterly results, AI integration in the automotive industry, and more.

Cerence AI President and CEO Brian Krzanich joins 'Mad Money' host Jim Cramer to talk quarterly results, AI integration in the automotive industry, and more.