Trending stocks today
Cerence (CRNC-Q)
NASDAQ:CRNC
9.40
0.72
(7.11%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 1 opinions in the last 12 months.
Cerence Inc. (CRNC-Q) has made headlines recently after a notable surge in its stock price, rallying an impressive 148% over the past two trading days. This dramatic increase is largely attributed to the company's new partnership with Nvidia, which has generated significant optimism among investors and analysts alike. Despite this surge, the share price remains below the highs it achieved in 2021, indicating that there may still be room for growth. The market response to the partnership suggests strong potential for Cerence as it leverages cutting-edge technology provided by Nvidia. Overall, this development marks a pivotal moment for the company, promising exciting prospects moving forward.
Has rallied 148% the past two trading days, because they announced a partnership with Nvidia. Share remains below 20221 high, but this is a huge move up.
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.
Yet another software development company in a crowded field that Microsoft dominates.
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Cerence(CRNC-Q) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
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, there was no coverage of Cerence published on Stockchase.
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?
0 stock analysts on Stockchase covered Cerence In the last year. It is a trending stock that is worth watching.
What is Cerence stock price?
On 2025-03-13, Cerence (CRNC-Q) stock closed at a price of $9.4.
