Cerence Inc. (CRNC): Price and Financial Metrics
CRNC Stock Summary
- Cerence Inc's stock had its IPO on September 16, 2019, making it an older stock than only 1.54% of US equities in our set.
- CRNC's current price/earnings ratio is 331.56, which is higher than 97.44% of US stocks 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 2.99% of US stocks.
- If you're looking for stocks that are quantitatively similar to Cerence Inc, a group of peers worth examining would be HTBX, SITM, GWRE, PI, and MPWR.
- CRNC's SEC filings can be seen here. And to visit Cerence Inc's official web site, go to www.cerence.com.
CRNC Stock Price Chart Interactive Chart >
CRNC Price/Volume Stats
| Current price | $103.15 | 52-week high | $139.00 |
| Prev. close | $112.26 | 52-week low | $11.39 |
| Day low | $102.08 | Volume | 422,582 |
| Day high | $112.47 | Avg. volume | 719,007 |
| 50-day MA | $113.66 | Dividend yield | N/A |
| 200-day MA | $68.75 | Market Cap | 3.89B |
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 Price | DCF Fair Value Target: | Forecasted Gain: |
| $103.15 | $0.05 | -100% |
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Cerence Inc. 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 just 0.55% 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 only 21.62% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | -100% |
| 1% | -100% |
| 2% | -100% |
| 3% | -100% |
| 4% | -100% |
| 5% | -100% |
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CRNC, try CHWY, CNDT, CVET, EVOP, and IAC.
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.
Lotus Cars Selects Industry Leaders Cerence and ECARX to Deliver Voice-Powered InnovationsBURLINGTON, Mass., March 02, 2021 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that it and ECARX will partner with Lotus Cars on voice-powered technologies. The initiative will bring simplified interaction and enhanced safety, productivity and enjoyment to Lotus Cars drivers worldwide. Lotus Cars will leverage Cerence’s industry-leading products, including voice recognition and natural language understanding, text-to-speech, and speech signal enhancement. The host platform will be Cerence’s unique hybrid embedded-cloud architecture that delivers unparalleled accuracy and speed and seamless interaction for drivers. The ongoing transformation of the Lotus business and brand is currently one of the biggest stories in the automotive world. Under... |
Long-Time Partners Cerence and BMW to Headline Voicebot.live on March 3, Envision the Impact of Conversational AI on the Driving ExperienceCerence leaders to present new products transforming mobility at other events this monthBURLINGTON, Mass., March 01, 2021 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Cerence CEO Sanjay Dhawan and Simon Euringer, Head of Connected Drive, BMW Group, will headline Voicebot.AI’s Voicebot.live, hosted by Bret Kinsella, on March 3, 2021 at 3:00 pm ET. In this live, virtual event, Dhawan and Euringer will join Kinsella to discuss the future of voice AI in the car. Together, these voice and automotive industry leaders will dissect the latest data about voice adoption in the car, the changing role of the mobility assistant in consumers’ daily lives, and their outlook for the future of conversational AI and the driving experience. To learn more ... |
Cerence to Present at Raymond James 42nd Annual Institutional Investors ConferenceBURLINGTON, Mass., Feb. 24, 2021 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, announced today that it will be presenting at the Raymond James 42nd Annual Institutional Investors Conference on Wednesday, March 3, 2021 at 3:00 p.m. Eastern Time. The fireside chat format will feature Sanjay Dhawan, Cerence CEO, and Mark Gallenberger, Cerence CFO. The event will be webcast and can be accessed in the “Events & Resources” tab under the “Investors” section of the Company’s website at https://www.cerence.com/investors/events-and-resources. The webcast replay will be available on the Company’s website at www.cerence.com. About Cerence Inc.Cerence (NASDAQ: CRNC) is the global industry leader in creating unique, moving experiences for the mobility world. As an innovat... |
2 Artificial Intelligence Stocks Leading the New WaveTechnology is changing our world, with results visible in real time. If you grew up in the 1980s, watching reruns of Star Trek, think for a moment about fantastic gadgets that have walked off the screen and into our lives: portable communicators, portable computers, voice-activated systems, to name just a few. Scotty once even automated the starship Enterprise, so that the ship could run with just five people on board. We don’t have a Star Trek transporter, and quantum physics tells us that we probably won’t anytime soon, but autonomous technologies are changing the way we commute. |
Cerence EPS beats by $0.08, beats on revenueCerence (CRNC): Q1 Non-GAAP EPS of $0.59 beats by $0.08; GAAP EPS of $0.54 beats by $0.36.Revenue of $95M (+22.6% Y/Y) beats by $7.08M.Shares +3.8% PM.Press Release... |
CRNC Price Returns
| 1-mo | -10.96% |
| 3-mo | 19.87% |
| 6-mo | 107.00% |
| 1-year | 343.47% |
| 3-year | N/A |
| 5-year | N/A |
| YTD | 2.66% |
| 2020 | 344.01% |
| 2019 | N/A |
| 2018 | N/A |
| 2017 | N/A |
| 2016 | N/A |
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