Cerence/$CRNC

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About Cerence

Cerence Inc is a United States-based software company. It is involved in developing mobility-based solutions for drivers and their cars. The customers include all automobile original equipment manufacturers, or OEMs, or their tier 1 suppliers. The company's revenue is generated by selling software licenses and cloud-connected services. Geographically, it derives a majority of its revenue from the United States and also has a presence in Other Americas; Germany; Other Europe, the Middle East, Africa; Japan, and Other Asia-Pacific.

Ticker

$CRNC
Primary listing

Industry

Software

Employees

1,400

ISIN

US1567271093

Cerence Metrics

BasicAdvanced
$365M
-
-$7.93
2.98
-

What the Analysts think about Cerence

Analyst ratings (Buy, Hold, Sell) for Cerence stock.

Bulls say / Bears say

Cerence's recent partnership with MediaTek and NVIDIA to introduce multi-modal language models running on the edge enhances in-car intelligence and opens new revenue opportunities through subscription-based services. (Cerence Press Release)
The company's collaboration with Code Factory to bring voice-powered interaction to self-service kiosks marks a strategic expansion beyond the automotive market, potentially increasing its market reach and revenue streams. (Cerence Press Release)
Cerence's introduction of xUI, a hybrid, agentic AI assistant platform, in partnership with industry leaders like Great Wall Motor and TCL, showcases its commitment to innovation and positions it favorably in the competitive AI assistant market. (Cerence Press Release)
Cerence reported a significant revenue decline in Q1 FY2025, with GAAP revenue dropping to $50.9 million from $138.3 million in the same quarter the previous year, indicating potential financial instability. (Nasdaq)
The company's GAAP gross margin decreased to 65.0% in Q1 FY2025 from 81.0% in Q1 FY2024, reflecting reduced profitability and operational challenges. (Nasdaq)
Cerence's recent filing of a copyright infringement lawsuit against Microsoft and Nuance may lead to prolonged legal battles, diverting resources and potentially impacting its financial performance. (Cerence Press Release)
Data summarised monthly by Lightyear AI. Last updated on 5 Jun 2025.

Cerence Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Cerence Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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