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Cerence NasdaqGS:CRNC Stock Report

Last Price

US$2.96

Market Cap

US$130.8m

7D

-12.2%

1Y

-82.4%

Updated

18 Oct, 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$2.96
52 Week HighUS$21.67
52 Week LowUS$2.34
Beta2.36
11 Month Change17.93%
3 Month Change-1.33%
1 Year Change-82.37%
33 Year Change-96.87%
5 Year Change-80.95%
Change since IPO-80.72%

Recent News & Updates

Investors Will Want Cerence's (NASDAQ:CRNC) Growth In ROCE To Persist

Oct 17
Investors Will Want Cerence's (NASDAQ:CRNC) Growth In ROCE To Persist

Cerence Inc. (NASDAQ:CRNC) Looks Inexpensive After Falling 31% But Perhaps Not Attractive Enough

Sep 21
Cerence Inc. (NASDAQ:CRNC) Looks Inexpensive After Falling 31% But Perhaps Not Attractive Enough

Recent updates

Investors Will Want Cerence's (NASDAQ:CRNC) Growth In ROCE To Persist

Oct 17
Investors Will Want Cerence's (NASDAQ:CRNC) Growth In ROCE To Persist

Cerence Inc. (NASDAQ:CRNC) Looks Inexpensive After Falling 31% But Perhaps Not Attractive Enough

Sep 21
Cerence Inc. (NASDAQ:CRNC) Looks Inexpensive After Falling 31% But Perhaps Not Attractive Enough

Does Cerence (NASDAQ:CRNC) Have A Healthy Balance Sheet?

Aug 05
Does Cerence (NASDAQ:CRNC) Have A Healthy Balance Sheet?

Cerence: Near-Term Uncertainties Have Dimmed Its Promising Growth Outlook

Jul 26

Cerence (NASDAQ:CRNC) Is Looking To Continue Growing Its Returns On Capital

Jul 03
Cerence (NASDAQ:CRNC) Is Looking To Continue Growing Its Returns On Capital

Revenues Working Against Cerence Inc.'s (NASDAQ:CRNC) Share Price Following 43% Dive

Jun 10
Revenues Working Against Cerence Inc.'s (NASDAQ:CRNC) Share Price Following 43% Dive

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

Shareholder Returns

CRNCUS SoftwareUS Market
7D-12.2%0.03%0.8%
1Y-82.4%33.0%38.3%

Return vs Industry: CRNC underperformed the US Software industry which returned 29.7% over the past year.

Return vs Market: CRNC underperformed the US Market which returned 36% over the past year.

Price Volatility

Is CRNC's price volatile compared to industry and market?
CRNC volatility
CRNC Average Weekly Movement18.1%
Software Industry Average Movement7.5%
Market Average Movement6.2%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: CRNC's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a1,700Brian Krzanichwww.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$130.85m
Earnings (TTM)-US$579.21m
Revenue (TTM)US$357.46m

0.3x

P/S Ratio

-0.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CRNC income statement (TTM)
RevenueUS$357.46m
Cost of RevenueUS$90.14m
Gross ProfitUS$267.32m
Other ExpensesUS$846.53m
Earnings-US$579.21m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-13.86
Gross Margin74.78%
Net Profit Margin-162.03%
Debt/Equity Ratio181.8%

How did CRNC perform over the long term?

See historical performance and comparison