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Cerence NasdaqGS:CRNC Stock Report

Last Price

US$10.35

Market Cap

US$431.3m

7D

-22.5%

1Y

-60.1%

Updated

19 Apr, 2024

Data

Company Financials +

CRNC Stock Overview

Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market in United States, Other Americas, Germany, Europe, Middle East, Africa, Japan, and Other Asia-Pacific.

CRNC fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Cerence Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cerence
Historical stock prices
Current Share PriceUS$10.35
52 Week HighUS$36.79
52 Week LowUS$10.16
Beta2.46
1 Month Change-30.54%
3 Month Change-46.81%
1 Year Change-60.15%
3 Year Change-88.62%
5 Year Changen/a
Change since IPO-32.57%

Recent News & Updates

Cerence (NASDAQ:CRNC) Seems To Use Debt Quite Sensibly

Apr 09
Cerence (NASDAQ:CRNC) Seems To Use Debt Quite Sensibly

Cerence (NASDAQ:CRNC) Hasn't Managed To Accelerate Its Returns

Mar 13
Cerence (NASDAQ:CRNC) Hasn't Managed To Accelerate Its Returns

Recent updates

Cerence (NASDAQ:CRNC) Seems To Use Debt Quite Sensibly

Apr 09
Cerence (NASDAQ:CRNC) Seems To Use Debt Quite Sensibly

Cerence (NASDAQ:CRNC) Hasn't Managed To Accelerate Its Returns

Mar 13
Cerence (NASDAQ:CRNC) Hasn't Managed To Accelerate Its Returns

Cerence: Poised For Rebound With Strong Pipeline

Mar 05

Cerence Inc.'s (NASDAQ:CRNC) Shares Lagging The Industry But So Is The Business

Jan 04
Cerence Inc.'s (NASDAQ:CRNC) Shares Lagging The Industry But So Is The Business

Cerence (NASDAQ:CRNC) Is Making Moderate Use Of Debt

Nov 16
Cerence (NASDAQ:CRNC) Is Making Moderate Use Of Debt

Cerence (NASDAQ:CRNC) Is Carrying A Fair Bit Of Debt

Aug 18
Cerence (NASDAQ:CRNC) Is Carrying A Fair Bit Of Debt

Cerence (NASDAQ:CRNC) Is Making Moderate Use Of Debt

May 10
Cerence (NASDAQ:CRNC) Is Making Moderate Use Of Debt

Are Investors Undervaluing Cerence Inc. (NASDAQ:CRNC) By 43%?

Apr 03
Are Investors Undervaluing Cerence Inc. (NASDAQ:CRNC) By 43%?

Cerence's (NASDAQ:CRNC) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Jan 27
Cerence's (NASDAQ:CRNC) Returns On Capital Tell Us There Is Reason To Feel Uneasy

We Think Cerence (NASDAQ:CRNC) Is Taking Some Risk With Its Debt

Jan 05
We Think Cerence (NASDAQ:CRNC) Is Taking Some Risk With Its Debt

Cerence to develop next-generation co-pilot for Renault vehicles

Oct 17

Return Trends At Cerence (NASDAQ:CRNC) Aren't Appealing

Oct 13
Return Trends At Cerence (NASDAQ:CRNC) Aren't Appealing

Cerence: Promising Industry, Vulnerable Company

Sep 23

Bearish: Analysts Just Cut Their Cerence Inc. (NASDAQ:CRNC) Revenue and EPS estimates

Aug 10
Bearish: Analysts Just Cut Their Cerence Inc. (NASDAQ:CRNC) Revenue and EPS estimates

Cerence Q3 2022 Earnings Preview

Aug 08

Cerence (NASDAQ:CRNC) Hasn't Managed To Accelerate Its Returns

Jun 24
Cerence (NASDAQ:CRNC) Hasn't Managed To Accelerate Its Returns

Cerence: Facing Unprecedented Competition From Apple

Jun 10

Cerence (NASDAQ:CRNC) Seems To Use Debt Quite Sensibly

May 17
Cerence (NASDAQ:CRNC) Seems To Use Debt Quite Sensibly

Cerence's (NASDAQ:CRNC) Returns Have Hit A Wall

Mar 21
Cerence's (NASDAQ:CRNC) Returns Have Hit A Wall

Headwaters Capital - Cerence Inc.: The Swiss Tech Platform Driving Digital Penetration In Autos

Mar 17

Cerence: Disappointing Guidance But Already Profitable

Mar 06

Analysts Just Made A Major Revision To Their Cerence Inc. (NASDAQ:CRNC) Revenue Forecasts

Feb 13
Analysts Just Made A Major Revision To Their Cerence Inc. (NASDAQ:CRNC) Revenue Forecasts

Here's Why Cerence (NASDAQ:CRNC) Can Manage Its Debt Responsibly

Feb 01
Here's Why Cerence (NASDAQ:CRNC) Can Manage Its Debt Responsibly

Cerence's Artificial Intelligence Assistants Could Make The Share Price Spike Up

Dec 16

Cerence (NASDAQ:CRNC) May Have Issues Allocating Its Capital

Dec 16
Cerence (NASDAQ:CRNC) May Have Issues Allocating Its Capital

Shareholder Returns

CRNCUS SoftwareUS Market
7D-22.5%-4.9%-3.7%
1Y-60.1%37.8%20.2%

Return vs Industry: CRNC underperformed the US Software industry which returned 37.8% over the past year.

Return vs Market: CRNC underperformed the US Market which returned 20.2% over the past year.

Price Volatility

Is CRNC's price volatile compared to industry and market?
CRNC volatility
CRNC Average Weekly Movement8.3%
Software Industry Average Movement8.0%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: CRNC's share price has been volatile over the past 3 months.

Volatility Over Time: CRNC's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a1,700Stefan Ortmannswww.cerence.com

Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market in United States, Other Americas, Germany, Europe, Middle East, Africa, Japan, and Other Asia-Pacific. The company offers edge software components, cloud-connected components, virtual assistant coexistence, and professional services. It also provides conversational artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic modeling technology.

Cerence Inc. Fundamentals Summary

How do Cerence's earnings and revenue compare to its market cap?
CRNC fundamental statistics
Market capUS$431.33m
Earnings (TTM)-US$30.24m
Revenue (TTM)US$349.15m

1.2x

P/S Ratio

-14.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CRNC income statement (TTM)
RevenueUS$349.15m
Cost of RevenueUS$94.90m
Gross ProfitUS$254.25m
Other ExpensesUS$284.49m
Earnings-US$30.24m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.73
Gross Margin72.82%
Net Profit Margin-8.66%
Debt/Equity Ratio37.9%

How did CRNC perform over the long term?

See historical performance and comparison
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