Cerence (CRNC-Q)
NASDAQ:CRNC
10.18
0.99
(10.77%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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This summary was created by AI, based on 1 opinions in the last 12 months.
Cerence Inc. (CRNC-Q) has seen a remarkable surge of 148% over the past two trading days following the announcement of a strategic partnership with Nvidia, which is expected to enhance its technological offerings and market position. Despite this impressive rally, the stock price remains below its 2021 highs, indicating potential for future growth if the collaboration yields successful outcomes. Market reactions have highlighted optimism around Cerence's capabilities in the automotive AI sector, particularly as demand for advanced driver-assistance systems continues to rise. Investors are keenly watching this development, recognizing the transformative potential of the partnership with a tech giant like Nvidia. Overall, while short-term gains are substantial, the long-term trajectory will depend on the execution of their collaborative initiatives.
The world leader in car voice and A.I. that connects to third-party apps, like Starbucks, in 325 million cars worldwide, including 50% of every car sold in 2020. Shares have had a huge run, from $15 to $111 after Nuance spun it off two years ago. Yet, shares are down $20 from this year's highs.
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Cerence(CRNC-Q) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
Cerence(CRNC-Q) Frequently Asked Questions
What is Cerence stock symbol?
Cerence is a American stock, trading under the symbol CRNC-Q on the NASDAQ (CRNC). It is usually referred to as NASDAQ:CRNC or CRNC-Q
Is Cerence a buy or a sell?
In the last year, 1 stock analyst published opinions about CRNC-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Cerence.
Is Cerence a good investment or a top pick?
Cerence was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Cerence.
Why is Cerence stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Cerence worth watching?
1 stock analyst on Stockchase covered Cerence In the last year. It is a trending stock that is worth watching.
What is Cerence stock price?
On 2025-06-06, Cerence (CRNC-Q) stock closed at a price of $10.18.
CRNC had a very strong recent quarter, with EPS nearly double estimates. Sales were 4% better than expected. EBITDA was 48% better. It is up 200% in a year and trades at 44X earnings. Certainly stock and fundamental momentum is very solid here. Net debt is a bit high at 3X cash flow, and its small size adds risks. EPS is also expected to dip this year from very strong recent numbers. Insiders own 9% and have been buyers this year. The 2025 forecast did beat estimates. It has some good partnerships with companies such as ARM. The sector is also poised for growth, as noted with some regulatory help. It looks good for a small cap, though is pricey and due to its size risk we would size a position accordingly.
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