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The latest update is out from Cerence ( (CRNC) ).
On December 23, 2025, Cerence entered into privately negotiated transactions with certain holders of its 1.50% Convertible Senior Notes due 2028 to repurchase $30 million in aggregate principal amount at 92% of face value, plus accrued and unpaid interest up to but excluding the settlement date. The company plans to cancel the repurchased notes, reducing its outstanding convertible debt and modestly improving its capital structure ahead of the notes’ 2028 maturity, which may be seen as a proactive balance-sheet management step for debtholders and equity investors.
The most recent analyst rating on (CRNC) stock is a Hold with a $13.50 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 is driven by a positive earnings call outlook and strong technical indicators. However, financial performance and valuation concerns, including negative profitability and high leverage, weigh on the score.
To see Spark’s full report on CRNC stock, click here.
More about Cerence
Average Trading Volume: 1,663,079
Technical Sentiment Signal: Buy
Current Market Cap: $496.6M
For detailed information about CRNC stock, go to TipRanks’ Stock Analysis page.