Cerence Inc. (CRNC): Price and Financial Metrics


Cerence Inc. (CRNC): $91.17

-8.32 (-8.36%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

CRNC Stock Summary

  • Cerence Inc's stock had its IPO on September 16, 2019, making it an older stock than just 1.79% of US equities in our set.
  • With a price/earnings ratio of 293.84, Cerence Inc P/E ratio is greater than that of about 96.74% of stocks in our set with positive earnings.
  • In terms of twelve month growth in earnings before interest and taxes, Cerence Inc is reporting a growth rate of -588.16%; that's higher than merely 2.68% of US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Cerence Inc are SITM, GWRE, HTBX, PI, and WATT.
  • Visit CRNC's SEC page to see the company's official filings. To visit the company's web site, go to www.cerence.com.

CRNC Stock Price Chart Interactive Chart >

Price chart for CRNC

CRNC Price/Volume Stats

Current price $91.17 52-week high $139.00
Prev. close $99.49 52-week low $17.81
Day low $89.15 Volume 461,300
Day high $100.22 Avg. volume 649,927
50-day MA $105.12 Dividend yield N/A
200-day MA $78.29 Market Cap 3.44B

Cerence Inc. (CRNC) Company Bio


Cerence Inc. provides AI-powered assistants and innovations for connected and autonomous vehicles It offers edge software components; cloud-connected components; toolkits; applications; and virtual assistant coexistence and professional services. The company also provides conversational artificial intelligence, including voice recognition, natural language understanding, and artificial intelligence services. Cerence Inc. is headquartered in Burlington, Massachusetts.

CRNC Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$91.17$0.05 -100%

Below please find a table outlining a discounted cash flow forecast for CRNC, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Cerence Inc ranked in the 0th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 100%. As for the metrics that stood out in our discounted cash flow analysis of Cerence Inc, consider:

  • The compound growth rate in the free cash flow of Cerence Inc over the past 1.47 years is -0.6%; that's higher than only 1.86% of free cash flow generating stocks in the Technology sector.
  • The business' balance sheet reveals debt to be 7% of the company's capital (with equity being the remaining amount). Approximately merely 23.47% of US stocks with free cash flow have a lower reliance on debt in their capital structure.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-100%
1%-100%
2%-100%
3%-100%
4%-100%
5%-100%

Want more companies with a valuation profile/forecast similar to that of Cerence Inc? See BHAT, BILI, BMBL, BRKS, and CHWY.


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Latest CRNC News From Around the Web

Below are the latest news stories about Cerence Inc that investors may wish to consider to help them evaluate CRNC as an investment opportunity.

Cerence: Prepare For Takeoff

Photo by metamorworks/iStock via Getty Images Investing in new technology names can be a risky proposition. However, it can also be highly rewarding if done right. It's important to balance between getting in early on these names and taking a "wait-and-see" approach on the profitability/viability of the business model. In...

Gen Alpha on Seeking Alpha | April 18, 2021

Cerence Named Company and Developer of the Year at 2021 Project Voice Awards; Takes Home Other Major Awards, Including Executive, Automotive Developer, and Outstanding Achievement of the Year

Industry recognition underscores Cerence’s rapid ascension as global leader and innovator for voice and conversational AIBURLINGTON, Mass., April 15, 2021 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that it has been recognized with numerous 2021 Project Voice Awards, including Independent Voice/AI Company of the Year, Voice Developer of the Year, and Automotive Voice/AI Developer of the Year. In addition, Cerence CEO Sanjay Dhawan was named Voice/AI Executive of the Year. The Project Voice Awards honor global best-in-class achievement across voice technology and conversational AI. With its decades of experience in AI-driven voice technology as its foundation, Cerence set an aggressive pace of innovation in 2020, introducing a steady cadence...

Yahoo | April 15, 2021

Cerence Provides Dynamic Voice Recognition to Hyundai IONIQ 5, the Automaker’s First in its New Lineup of Battery Electric Vehicles

Cerence delivers conversational AI-powered access to key in-car functions and information, enhancing driver safety and convenience Hyundai IONIQ 5 Cerence powers Dynamic Voice Recognition in the new IONIQ 5 BURLINGTON, Mass., April 14, 2021 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Hyundai Motor Company has selected Cerence Drive, the world’s leading technology and solutions portfolio for mobility, to power Dynamic Voice Recognition in the new IONIQ 5 all-electric, midsize CUV, the first model in the automaker’s new brand of battery electric vehicles (BEV). Leveraging Cerence’s hybrid embedded and cloud technologies, including voice recognition, natural language understanding, and text-to-speech, Hyundai’s Dynamic Voice Recognition i...

Yahoo | April 14, 2021

Microsoft to Acquire Nuance for $19.6 Billion in Health-Care Bet

(Bloomberg) -- Microsoft Corp. is buying speech-recognition pioneer Nuance Communications Inc. in an all-cash deal valued at $19.6 billion, gaining artificial-intelligence technology aimed at helping doctors predict patients’ needs and upgrading hospitals’ digital record-keeping.The software giant is offering to purchase Nuance at $56 a share, a 23% premium to Friday’s close, according to a statement Monday, which confirmed an earlier Bloomberg report. The deal marks Microsoft’s largest acquisition since LinkedIn Corp.The transaction value is derived by the $56 a share multiplied by about 350 million fully diluted shares of Nuance, including stock options and stock awards. The acquisition will decrease earnings by less than 1% in the year that begins July 1 and start to add to profit th...

Yahoo | April 12, 2021

Microsoft Makes Big Bet on Health-Care AI Technology With Nuance

(Bloomberg) -- Microsoft Corp. is making a massive bet on health-care artificial intelligence.The software giant is set to buy Nuance Communications Inc., tapping the company tied to the Siri voice technology to overhaul solutions that free doctors from note-taking and better predict a patient’s needs. Microsoft may announce the deal as soon as Monday if talks are successful, according to people familiar with the matter.The price being discussed could value Nuance at about $56 a share, a 23% premium to Friday’s close, said one of the people, who asked not to be identified because the information is private. Set to be Microsoft’s largest acquisition since LinkedIn Corp., the purchase would give Nuance an equity value of about $16 billion, data compiled by Bloomberg show.Microsoft has bee...

Yahoo | April 12, 2021

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CRNC Price Returns

1-mo -11.13%
3-mo -23.21%
6-mo 46.81%
1-year 349.11%
3-year N/A
5-year N/A
YTD -9.27%
2020 344.01%
2019 N/A
2018 N/A
2017 N/A
2016 N/A

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