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Cerence ( (CRNC) ) has provided an announcement.
On September 2, 2025, Cerence Inc. announced a restructuring plan aimed at reducing operating expenses and positioning the company for future growth, with estimated cash restructuring charges between $7.2 and $7.9 million. Additionally, the company entered into a retention agreement with Nils Schanz, Executive Vice President, offering a retention bonus and equity awards contingent on his continued service and performance metrics over the next three years.
The most recent analyst rating on (CRNC) stock is a Hold with a $10.00 price target. To see the full list of analyst forecasts on Cerence stock, see the CRNC Stock Forecast page.
Spark’s Take on CRNC Stock
According to Spark, TipRanks’ AI Analyst, CRNC is a Neutral.
Cerence’s overall stock score reflects significant financial challenges, particularly in profitability and leverage, which weigh heavily on the score. Technical analysis provides mixed signals, while valuation remains unattractive due to negative earnings. However, strong earnings call results and strategic advancements in AI and partnerships provide some positive outlook.
To see Spark’s full report on CRNC stock, click here.
More about Cerence
Cerence Inc. operates in the technology industry, focusing on providing AI-powered solutions for automotive and mobility markets. The company specializes in voice recognition, natural language understanding, and other AI-driven services to enhance in-car experiences.
Average Trading Volume: 2,108,801
Technical Sentiment Signal: Buy
Current Market Cap: $433.2M
See more insights into CRNC stock on TipRanks’ Stock Analysis page.