CRNC Stock - Cerence Inc.
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Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $251.78M | $331.50M | $294.48M | $327.89M | $387.18M |
| Gross Profit | $181.47M | $242.07M | $193.46M | $219.21M | $273.42M |
| Gross Margin | 72.1% | 73.0% | 65.7% | 66.9% | 70.6% |
| Operating Income | $13.13M | $46.31M | $-15,282,000 | $38.34M | $65.69M |
| Net Income | $-18,714,000 | $-588,078,000 | $-56,254,000 | $-310,826,000 | $45.89M |
| Net Margin | -7.4% | -177.4% | -19.1% | -94.8% | 11.9% |
| EPS | $-0.43 | $-14.12 | $-1.40 | $-7.93 | $1.22 |
Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market worldwide. The company offers edge software components; cloud-connected components and related toolkits and applications; and virtual assistant coexistence and professional services. It also provides conversational artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic modeling technology. Cerence Inc. is headquartered in Burlington, Massachusetts.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| March 7th 2025 | TD Cowen | Resumed | Hold | $11.5 |
| January 22nd 2025 | Needham | Upgrade | Buy | $16 |
| May 10th 2024 | Wells Fargo | Downgrade | Equal Weight | $6.5← $25 |
| May 7th 2024 | Needham | Resumed | Hold | - |
| February 7th 2024 | Craig Hallum | Downgrade | Hold | $22 |
| February 9th 2023 | Craig Hallum | Upgrade | Buy | $40← $24 |
| August 10th 2022 | Craig Hallum | Downgrade | Hold | $24← $45 |
| August 10th 2022 | Raymond James | Downgrade | Market Perform | - |
| July 7th 2022 | RBC Capital Mkts | Upgrade | Sector Perform | $27← $28 |
Earnings History & Surprises
CRNCEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 5, 2026 | — | — | — | — |
Q1 2026 | Feb 5, 2026 | $-0.01 | — | — | — |
Q4 2025 | Nov 19, 2025 | $-0.66 | $0.06 | +109.1% | ✓ BEAT |
Q3 2025 | Aug 6, 2025 | $-0.34 | $0.09 | +126.5% | ✓ BEAT |
Q2 2025 | May 7, 2025 | $0.34 | $0.53 | +55.9% | ✓ BEAT |
Q1 2025 | Feb 6, 2025 | $-0.27 | $-0.03 | +88.9% | ✓ BEAT |
Q4 2024 | Nov 21, 2024 | $-0.36 | $-0.07 | +80.6% | ✓ BEAT |
Q3 2024 | Aug 8, 2024 | $0.05 | $0.19 | +280.0% | ✓ BEAT |
Q2 2024 | May 9, 2024 | $-0.23 | $-0.09 | +60.9% | ✓ BEAT |
Q1 2024 | Feb 6, 2024 | $0.90 | $1.12 | +24.4% | ✓ BEAT |
Q4 2023 | Nov 27, 2023 | $0.13 | $0.09 | -30.8% | ✗ MISS |
Q3 2023 | Aug 8, 2023 | $-0.15 | $-0.04 | +73.3% | ✓ BEAT |
Q2 2023 | May 9, 2023 | $-0.15 | $-0.04 | +73.3% | ✓ BEAT |
Q1 2023 | Feb 8, 2023 | $0.09 | $0.36 | +300.0% | ✓ BEAT |
Q4 2022 | Nov 29, 2022 | $-0.24 | $-0.14 | +41.7% | ✓ BEAT |
Q3 2022 | Aug 9, 2022 | $0.42 | $0.43 | +2.4% | ✓ BEAT |
Q2 2022 | May 10, 2022 | $0.33 | $0.33 | 0.0% | = MET |
Q1 2022 | Feb 7, 2022 | $0.51 | $0.59 | +15.7% | ✓ BEAT |
Q4 2021 | Nov 22, 2021 | $0.55 | $0.66 | +20.0% | ✓ BEAT |
Q3 2021 | Aug 9, 2021 | $0.53 | $0.62 | +17.0% | ✓ BEAT |
Latest News
Shares of software companies are trading lower, possibly because of a rise in Treasury yields, which could pressure growth stocks. The sector may also be seeing weakness due to investor concerns about an AI bubble.
📉 NegativeCerence shares are trading higher after the company announced better-than-expected Q4 financial results. Also, Goldman Sachs maintained a Neutral rating on the stock and raised its price target from $10 to $11.
📈 PositiveGoldman Sachs Maintains Neutral on Cerence, Raises Price Target to $11
➖ NeutralCORRECTION: Cerence Q4 EPS $(0.31) Beats $(0.45) Estimate, Sales $60.639M Beat $55.259M Estimate
📈 PositiveCerence shares are trading higher after the company reported better-than-expected Q4 financial results and issued Q1 sales guidance above estimates.
📈 PositiveCerence Lowers FY2026 Sales Guidance from $500.000M to $300.000M-$320.000M vs $246.385M Est
📉 NegativeCerence Sees Q1 Sales $110.000M-$120.000M vs $61.461M Est
📈 PositiveCerence Q4 EPS $(0.24) Beats $(0.45) Estimate, Sales $60.639M Beat $55.259M Estimate
📈 PositiveCerence GAAP EPS of -$0.24 beats by $0.13, revenue of $60.64M beats by $5.34M
📈 PositiveShares of software and cloud computing-related stocks are trading higher. Possibly rebounding after a sell off yesterday.
📈 PositiveShares of software and cloud computing-related stocks are trading lower. Reuters reported the US is considering curbs on exports to China made with US software, which could further weigh on tech sentiment.
📉 NegativeCerence Appears To Have Reached A Settlement With Samsung Before Going To Trial In Its Patent Infringement Lawsuit
📈 PositiveCerence AI Demonstrates Multi-Modal xUI Capabilities Integrating Voice Touch And Vision Detection At IAA Mobility 2025
📈 PositiveCerence AI And Microsoft Expand Collaboration To Bring Secure Voice First Productivity Experience Into Vehicles Worldwide
📈 PositiveCerence Announces Restructuring Plan For Foreign Operations, Expects $7.2M-$7.9M In Charges
📉 NegativeCerence Expands Collaboration With Volkswagen Group To Enhance The IDA In-Car Assistant To Enable Faster More Natural Conversations
📈 PositiveFrequently Asked Questions about CRNC
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