Cerence Inc. (CRNC) Social Stream



Cerence Inc. (CRNC): $3.81

0.60 (+18.69%)

POWR Rating

Component Grades

Momentum

F

Stability

F

Sentiment

Quality

C

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Industry: Software - Application

Industry

C

Ranked

#111 of 137

in industry

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.

Is CRNC a Buy, Hold or Sell? See the POWR Ratings now!


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