Cerence Shares Surge to 5-Day High Post Earnings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 20 Nov 25
Shares of Cerence Inc. (CRNC.O) surged to a 5-day high today, closing at $10.19 in extended trading, following a robust earnings report that exceeded analyst expectations. The company reported a quarterly profit of $0.06 per share, significantly beating the Zacks Consensus Estimate of a loss of $0.66 per share, showcasing a remarkable +109.09% earnings surprise. Additionally, Cerence raised its first-quarter revenue guidance to between $110 million and $120 million, far surpassing the analyst estimate of $61.46 million. CEO Brian Krzanich highlighted the company's strong financial performance and growing customer interest in their innovative xUI platform, contributing to the stock's positive momentum.
Analyst Views on CRNC
Wall Street analysts forecast CRNC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRNC is 10.50 USD with a low forecast of 10.00 USD and a high forecast of 11.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
0 Buy
2 Hold
0 Sell
Hold
Current: 11.760
Low
10.00
Averages
10.50
High
11.00
Current: 11.760
Low
10.00
Averages
10.50
High
11.00
About CRNC
Cerence Inc. is a provider of artificial intelligence (AI)-powered assistants for connected and autonomous vehicles. The Company builds AI-powered virtual assistants for the mobility/transportation market. Its software platform is used to build virtual assistants that can communicate, find information and take action across an expanding variety of categories. Its software platform has a hybrid architecture combining edge software components with cloud-connected components. Its Edge software components are installed on a vehicle’s head unit and can operate without access to external networks and information. Its Cloud-connected components comprise certain speech and natural language understanding-related technologies, AI-enabled personalization and context-based response frameworks, and a content integration platform. Virtual assistants built with its software platform address user requests across various categories, such as navigation, control, media, communication, and more.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
