CRNC Overview

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 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. It also offers a solution portfolio that includes conversational and generative AI as well as audio and communications AI.

Wall Street analysts forecast CRNC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRNC is10.00 USD with a low forecast of 8.00 USD and a high forecast of 12.00 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.

Cerence Inc revenue for the last quarter amounts to 64.19M USD, decreased -17.71

Cerence Inc. EPS for the last quarter amounts to 0.04 USD, decreased -90.48

Cerence Inc (CRNC) has 1300 emplpoyees as of May 12 2026.

Today CRNC has the market capitalization of 446.00M USD.