Cerence Inc. (CRNC) Social Stream
CERENCE INC (CRNC) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering CERENCE INC.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-10-06 | 9 | $165 | $95 | $134.222 | $19.62 | 584.11% |
| 2021-11-12 | 9 | $165 | $95 | $133.222 | $19.62 | 579.01% |
| 2021-11-24 | 9 | $165 | $91 | $123.111 | $19.62 | 527.48% |
| 2021-12-07 | 9 | $165 | $91 | $120.8 | $19.62 | 515.7% |
| 2021-12-16 | 9 | $165 | $85 | $120.2 | $19.62 | 512.64% |
| 2022-01-26 | 10 | $165 | $77 | $118.4 | $19.62 | 503.47% |
| 2022-02-09 | 10 | $165 | $37 | $88 | $19.62 | 348.52% |
| 2022-02-14 | 9 | $165 | $37 | $75.6 | $19.62 | 285.32% |
| 2022-05-11 | 9 | $165 | $31 | $60.636 | $19.62 | 209.05% |
| 2022-07-11 | 9 | $165 | $27 | $57.818 | $19.62 | 194.69% |
| 2022-08-10 | 11 | $55 | $22 | $34.1 | $19.62 | 73.8% |
| 2022-10-11 | 11 | $55 | $17 | $32.8 | $19.62 | 67.18% |
| 2022-11-15 | 11 | $55 | $17 | $30.5 | $19.62 | 55.45% |
| 2022-12-01 | 11 | $55 | $19 | $29.444 | $19.62 | 50.07% |
| 2023-02-09 | 10 | $55 | $19 | $30.444 | $19.62 | 55.17% |
| 2023-02-10 | 10 | $55 | $22 | $32.555 | $19.62 | 65.93% |
| 2023-03-03 | 9 | $42 | $22 | $32.555 | $19.62 | 65.93% |
| 2023-05-10 | 8 | $42 | $22 | $33 | $19.62 | 68.2% |
| 2023-06-26 | 8 | $42 | $22 | $32.25 | $19.62 | 64.37% |
| 2023-09-26 | 6 | $40 | $30 | $33.166 | $19.62 | 69.04% |
| 2023-09-30 | 6 | $40 | $28 | $32.666 | $19.62 | 66.49% |
| 2023-11-28 | 7 | $40 | $19 | $28.666 | $19.62 | 46.11% |
| 2023-11-29 | 8 | $25 | $19 | $22 | $19.62 | 12.13% |
The Trend in the Analyst Price Target
CRNC's average price target has moved down $51.57 over the prior 21 months.
Over the past 42 weeks, CRNC's average upside potential has been 29.11%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-02-10 | 9 | 55 | 22 | 32.555 | 29.40 | 10.73% |
| 2023-03-03 | 8 | 42 | 22 | 33.000 | 27.91 | 18.24% |
| 2023-05-10 | 8 | 42 | 22 | 33.000 | 23.00 | 43.48% |
| 2023-08-09 | 7 | 42 | 30 | 34.428 | 26.29 | 30.95% |
| 2023-09-26 | 6 | 40 | 30 | 33.166 | 20.09 | 65.09% |
CRNC Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.13 | 3 | 1 | 4 | 0 | 0 | 8 |
The Trend in the Broker Recommendations
Over the past 21 months, CRNC's average broker recommendation rating improved by 0.18.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for CRNC as an investment opportunity.
- In terms of how CERENCE INC fares relative to all US stocks, note that its upside potential (average analyst target price relative to current price) is greater than 2892.62% of that group.
- CERENCE INC's variance in analysts' estimates is lower than -2678.93% of all US stocks.
- CRNC has a higher average analyst price target than 2275.11% of stocks in the mid market cap category.
- In the context of stocks in the mid market cap category, CERENCE INC's number of analysts covering the stock is higher than 2228.04% of them.
In the Business Services industry, PD, SWI, and GDYN are the three stocks most similar to CERENCE INC regarding the price target and analyst recommendation information presented here.
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