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Cerence Inc (CRNC)
:CRNC
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CRNC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$2.34 - $27.50
Previous CloseN/A
Volume6.30M
Average Volume (3M)11.11M
Market Cap
$553.26M
Enterprise Value$300.57M
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta1.99
Next Earnings
Feb 10, 2025EPS Estimate
-0.26Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-14.12
Shares Outstanding42,988,420
10 Day Avg. Volume29,096,730
30 Day Avg. Volume11,110,188
Standard Deviation0.28
R-Squared0.24
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.60
Price to Cash Flow (P/CF)23.50
P/FCF Ratio18.40
Enterprise Value/Market Cap0.54
Enterprise Value/Revenue0.91
Enterprise Value/Gross Profit1.23
Enterprise Value/Ebitda-0.53
Forecast
1Y Price Target
$9.25Price Target Upside-28.13% Downside
Rating ConsensusHold
Number of Analyst Covering6
Cerence News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCerence's FY25 guidance highlights its progress in its transformation plan, with cost savings of $35-$40mn driving improved margins and positive FCF.
Generative AIGenerative AI launches are gaining traction with OEMs, positioning Cerence for potential long-term growth.
Leadership And StrategyThe market is clearly reacting positively to new CEO Brian Krzanich's early actions, indicating confidence in the company's future direction.
Bears Say
Debt Management$87.5 million convertible note due poses a near-term financial challenge as management is exploring refinancing options.
Financial PerformanceDecline in royalties and units shipped, with 10.6 million cars supplied down 14% year-over-year.
Investor SentimentInvestor interest is anticipated to remain subdued with the stock still down significantly despite recent positive movements.
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Ownership Overview
7.54% Insiders
14.12% Mutual Funds
0.03% Other Institutional Investors
66.88% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CRNC FAQ
What was Cerence Inc’s price range in the past 12 months?
Cerence Inc lowest stock price was $2.34 and its highest was $27.50 in the past 12 months.
What is Cerence Inc’s market cap?
Cerence Inc’s market cap is $553.26M.
When is Cerence Inc’s upcoming earnings report date?
Cerence Inc’s upcoming earnings report date is Feb 10, 2025 which is in 23 days.
How were Cerence Inc’s earnings last quarter?
Cerence Inc released its earnings results on Nov 21, 2024. The company reported -$0.07 earnings per share for the quarter, beating the consensus estimate of -$0.364 by $0.294.
Is Cerence Inc overvalued?
According to Wall Street analysts Cerence Inc’s price is currently Overvalued.
Does Cerence Inc pay dividends?
Cerence Inc does not currently pay dividends.
What is Cerence Inc’s EPS estimate?
Cerence Inc’s EPS estimate is -0.26.
How many shares outstanding does Cerence Inc have?
Cerence Inc has 42,988,420 shares outstanding.
What happened to Cerence Inc’s price movement after its last earnings report?
Cerence Inc reported an EPS of -$0.07 in its last earnings report, beating expectations of -$0.364. Following the earnings report the stock price went up 106.738%.
Which hedge fund is a major shareholder of Cerence Inc?
Among the largest hedge funds holding Cerence Inc’s share is Graham Capital Management, L.P.. It holds Cerence Inc’s shares valued at 254K.
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Cerence Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$9.25 (-28.13% Downside)
$9.25 (-28.13% Downside)
Blogger Sentiment
Bullish
CRNC Sentiment 70%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 118.0 Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.8%
Last 30 Days ▲ 75.2%
Last 30 Days ▲ 75.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-31.21%
12-Months-Change
Fundamentals
Return on Equity
-140.69%
Trailing 12-Months
Asset Growth
-45.87%
Trailing 12-Months
Company Description
Cerence Inc
Cerence, Inc. builds automotive cognitive assistance solutions to power natural and intuitive interactions between automobiles, drivers and passengers, and the broader digital world. It also engages in the sale of software licenses and cloud-connected services. The company was founded on February 14, 2019 and is headquartered in Burlington, MA.
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CRNC Company Deck
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CRNC Earnings Call
Q4 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call showed strong performance in AI initiatives and exceeded revenue and EBITDA expectations for Q4. However, there are significant challenges including year-over-year revenue decline, convertible note concerns, and declines in professional services and shipments. The sentiment for the call is cautiously optimistic with a focus on restructuring and future growth.Read More>---
CRNC Stock 12 Month Forecast
Average Price Target
$9.25
▼(-28.13% Downside)
Technical Analysis
Best Analysts Covering CRNC
1 Year
1 Year Success Rate
7/9 ratings generated profit
1 Year Average Return
+119.47%
reiterated a buy rating 2 months ago
Copying Jeff Osborne's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +119.47% per trade.
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