This summary was created by AI, based on 1 opinions in the last 12 months.
Cerence (CRNC-Q) has recently experienced a significant surge in its stock price, rallying an impressive 148% over the past two trading days. This remarkable increase follows the announcement of a strategic partnership with Nvidia, which has generated considerable excitement among investors. Although the stock still trades below its 2021 high, this recent movement is seen as a substantial step forward for the company. Market analysts are closely monitoring the implications of this partnership for Cerence's future growth prospects and competitive positioning. Overall, the strong price action suggests renewed interest and confidence in the stock.
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.
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
In the last year, there was no coverage of Cerence published on Stockchase.
Cerence was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Cerence.
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0 stock analysts on Stockchase covered Cerence In the last year. It is a trending stock that is worth watching.
On 2025-04-14, Cerence (CRNC-Q) stock closed at a price of $7.46.