NASDAQ:CRNC

13.12
0.64 (4.65%) 1d
0
Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Experts are in agreement that Cerence (CRNC-Q) has seen a significant rally of 148% in the past two trading days, following the announcement of a partnership with Nvidia. While the share remains below its 2021 high, the move up is being regarded as a huge momentum for the company. With this positive development, the stock is attracting attention and may continue to see increased interest from investors in the near term.

Consensus
Positive
Valuation
Undervalued
Similar
Temenos, TEMN-CH
COMMENT
Cerence

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.

Technology
BUY
Cerence
It has contracts with everybody in the car industry. As the carmakers overcome the semis shortage and ramp up production, CRNC will bounce back.
Technology
COMMENT
Cerence

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.

Technology
DON'T BUY
Cerence

Yet another software development company in a crowded field that Microsoft dominates.

Technology
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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

Stockchase rating for Cerence is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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 2025-01-14, Cerence (CRNC-Q) stock closed at a price of $13.12.