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Cerence NasdaqGS:CRNC Stock Report

Last Price

US$3.58

Market Cap

US$149.6m

7D

11.5%

1Y

-87.7%

Updated

31 May, 2024

Data

Company Financials +

CRNC Stock Overview

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 Health3/6
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$3.58
52 Week HighUS$36.79
52 Week LowUS$3.16
Beta2.56
1 Month Change-61.46%
3 Month Change-75.84%
1 Year Change-87.66%
3 Year Change-96.70%
5 Year Changen/a
Change since IPO-76.68%

Recent News & Updates

An Intrinsic Calculation For Cerence Inc. (NASDAQ:CRNC) Suggests It's 48% Undervalued

May 31
An Intrinsic Calculation For Cerence Inc. (NASDAQ:CRNC) Suggests It's 48% Undervalued

Recent updates

An Intrinsic Calculation For Cerence Inc. (NASDAQ:CRNC) Suggests It's 48% Undervalued

May 31
An Intrinsic Calculation For Cerence Inc. (NASDAQ:CRNC) Suggests It's 48% Undervalued

The Market Doesn't Like What It Sees From Cerence Inc.'s (NASDAQ:CRNC) Revenues Yet As Shares Tumble 35%

Apr 26
The Market Doesn't Like What It Sees From Cerence Inc.'s (NASDAQ:CRNC) Revenues Yet As Shares Tumble 35%

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

Shareholder Returns

CRNCUS SoftwareUS Market
7D11.5%-5.2%-1.2%
1Y-87.7%20.0%21.5%

Return vs Industry: CRNC underperformed the US Software industry which returned 27.6% over the past year.

Return vs Market: CRNC underperformed the US Market which returned 25.2% over the past year.

Price Volatility

Is CRNC's price volatile compared to industry and market?
CRNC volatility
CRNC Average Weekly Movement15.5%
Software Industry Average Movement7.2%
Market Average Movement5.8%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.9%

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

Volatility Over Time: CRNC's weekly volatility has increased from 10% to 16% 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$149.56m
Earnings (TTM)-US$282.13m
Revenue (TTM)US$348.58m

0.4x

P/S Ratio

-0.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CRNC income statement (TTM)
RevenueUS$348.58m
Cost of RevenueUS$90.87m
Gross ProfitUS$257.71m
Other ExpensesUS$539.84m
Earnings-US$282.13m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-6.75
Gross Margin73.93%
Net Profit Margin-80.93%
Debt/Equity Ratio60.2%

How did CRNC perform over the long term?

See historical performance and comparison
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