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Cerence (CRNC) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

CRNC Stock Forecast

Cerence (CRNC) stock forecast, based on 13 Wall Street analysts, predicts a 12-month average price target of $3.30, with a high of $3.30 and a low of $3.30. This represents a -75.04% decline from the last price of $13.22.

- $4 $8 $12 $16 $20 High: $3.3 Avg: $3.3 Low: $3.3 Last Closed Price: $13.22

CRNC Stock Rating

Cerence stock's rating consensus is Hold, based on 13 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (15.38%), 9 Hold (69.23%), 2 Sell (15.38%), and 0 Strong Sell (0.00%).

Hold
Total 13 2 9 2 0 Strong Sell Sell Hold Buy Strong Buy

CRNC Forecast vs Benchmarks

TypeNameUpside
StockCerence-75.04%
SectorTechnology Stocks 13.03%

Price Target Trends

1M3M12M
# Anlaysts--3
Avg Price Target--$8.77
Last Closing Price$13.22$13.22$13.22
Upside/Downside---33.66%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25116--8
Dec, 24-17--8
Nov, 24-17--8
Oct, 24-17--8
Sep, 24-17--8
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 09, 2024Colin LanganWells Fargo$3.30$2.7719.13%-75.04%
May 09, 2024Chris McNallyEvercore ISI$8.00$6.7418.69%-39.49%
Apr 17, 2024Luke JunkRobert W. Baird$15.00$11.2633.21%13.46%
Aug 10, 2022Needham$30.00$23.3428.53%126.93%
Feb 07, 2022Brian GesualeRaymond James$76.00$43.6174.27%474.89%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Nov 22, 2024Craig-HallumHoldHoldhold
Aug 09, 2024Cowen & Co.BuyBuyhold
Aug 09, 2024Wells FargoEqual-WeightEqual-Weighthold
May 10, 2024WedbushUnderperformUnderperformhold
May 10, 2024Wells FargoOverweightEqual-Weightdowngrade
May 09, 2024Evercore ISINegativeNegativehold
May 07, 2024NeedhamBuyHolddowngrade
Apr 17, 2024WedbushBuyBuyhold
Feb 09, 2023Telsey AdvisoryUnderperformdowngrade
Feb 09, 2023Loop Capital MarketsNeutralNeutralhold

Financial Forecast

EPS Forecast

$-15 $-11 $-7 $-3 $1 $5 Sep 20 Sep 21 Sep 22 Sep 23 Sep 24 Sep 25 Sep 26 Sep 27
Sep 20Sep 21Sep 22Sep 23Sep 24Sep 25Sep 26Sep 27
Reported$-0.57$1.22$-7.93$-1.40$-14.12---
Avg Forecast$1.30$2.45$1.57$0.41$0.91$0.07$0.39$0.55
High Forecast$1.23$2.31$1.26$0.40$0.90$0.02$0.31$0.54
Low Forecast$1.39$2.62$1.88$0.42$0.92$0.12$0.47$0.56
Surprise %-143.85%-50.20%-605.10%-441.46%-1651.65%---

Revenue Forecast

$200M $260M $320M $380M $440M $500M Sep 20 Sep 21 Sep 22 Sep 23 Sep 24 Sep 25 Sep 26 Sep 27
Sep 20Sep 21Sep 22Sep 23Sep 24Sep 25Sep 26Sep 27
Reported$329.65M$387.18M$327.89M$294.48M$331.50M---
Avg Forecast$318.37M$388.10M$377.58M$287.85M$324.41M$241.97M$259.34M$275.62M
High Forecast$304.71M$371.45M$302.07M$287.15M$318.65M$237.67M$254.74M$275.62M
Low Forecast$335.14M$408.56M$453.10M$288.55M$328.92M$245.33M$262.94M$275.62M
Surprise %3.54%-0.24%-13.16%2.30%2.19%---

Net Income Forecast

$-600M $-470M $-340M $-210M $-80M $50M Sep 20 Sep 21 Sep 22 Sep 23 Sep 24 Sep 25 Sep 26 Sep 27
Sep 20Sep 21Sep 22Sep 23Sep 24Sep 25Sep 26Sep 27
Reported$-20.63M$45.89M$-310.83M$-56.25M$-588.08M---
Avg Forecast$-20.83M$36.16M$-71.60M$-30.24M$37.83M$2.99M$16.07M$22.85M
High Forecast$-41.30M$28.93M$-96.24M$-40.64M$37.42M$1.03M$12.74M$22.37M
Low Forecast$-359.27K$43.39M$-46.96M$-19.83M$38.25M$4.95M$19.41M$23.32M
Surprise %-0.96%26.91%334.12%86.03%-1654.34%---

CRNC Forecast FAQ

Is Cerence stock a buy?

Cerence stock has a consensus rating of Hold, based on 13 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 9 Hold, 2 Sell, and 0 Strong Sell, reflecting a consensus that Cerence is a neutral investment for most analysts.

What is Cerence's price target?

Cerence's price target, set by 13 Wall Street analysts, averages $3.3 over the next 12 months. The price target range spans from $3.3 at the low end to $3.3 at the high end, suggesting a potential -75.04% change from the previous close price of $13.22.

How does Cerence stock forecast compare to the average forecast of its sector, industry, and investment themes?

Cerence stock forecast shows a -75.04% downside, underperforming the average forecast for the technology stocks sector (13.03%).

What is the breakdown of analyst ratings for Cerence over the past three months?

  • January 2025: 12.50% Strong Buy, 12.50% Buy, 75.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 0% Strong Buy, 12.50% Buy, 87.50% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 0% Strong Buy, 12.50% Buy, 87.50% Hold, 0% Sell, 0% Strong Sell.

What is Cerence’s EPS forecast?

Cerence's average annual EPS forecast for its fiscal year ending in September is 0.07 for 2025, a -100.50% decrease from the reported $-14.12 in 2024. The prediction for 2026 is $0.39, and $0.55 for 2027.

What is Cerence’s revenue forecast?

Cerence's average annual revenue forecast for its fiscal year ending in September is $241.97M for 2025, a -27.01% decrease from the reported $331.5M in 2024. The forecast for 2026 is $259.34M, and $275.62M for 2027.

What is Cerence’s net income forecast?

For its fiscal year ending in September, Cerence's average annual net income forecast is $2.99M for 2025, reflecting a -100.51% decrease from the reported $-588M in 2024. The projection for 2026 is $16.07M, and $22.85M for 2027.