At the time of writing, Cerence Inc [CRNC] stock is trading at $11.83, down -7.22%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CRNC shares have gain 29.15% over the last week, with a monthly amount glided 24.33%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Needham upgraded its rating to Buy on January 22, 2025, and kept the price target unchanged to $16. On May 10, 2024, downgrade downgraded it’s rating to Equal Weight and revised its price target to $6.50 on the stock. Craig Hallum downgraded its rating to a Hold but $22 remained the price target by the analyst firm on February 07, 2024. Craig Hallum upgraded its rating to Buy for this stock on February 09, 2023, and upped its price target to $40. In a note dated August 10, 2022, Raymond James downgraded an Mkt Perform rating on this stock.
For the past year, the stock price of Cerence Inc fluctuated between $2.37 and $27.50. Currently, Wall Street analysts expect the stock to reach $26.46 within the next 12 months. Cerence Inc [NASDAQ: CRNC] shares were valued at $11.83 at the most recent close of the market. An investor can expect a potential return of 123.67% based on the average CRNC price forecast.
Analyzing the CRNC fundamentals
According to Cerence Inc [NASDAQ:CRNC], the company’s sales were 245.95M for trailing twelve months, which represents an -11.77% plunge. Gross Profit Margin for this corporation currently stands at 0.71% with Operating Profit Margin at -0.08%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.18 and Total Capital is -0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.39.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.30 points at the first support level, and at 10.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.52, and for the 2nd resistance point, it is at 13.21.
Ratios To Look Out For
It is important to note that Cerence Inc [NASDAQ:CRNC] has a current ratio of 1.72. Also, the Quick Ratio is 1.71, while the Cash Ratio stands at 0.68. Considering the valuation of this stock, the price to sales ratio is 2.08, the price to book ratio is 3.29.
Transactions by insiders
Recent insider trading involved CHRISTIAN MENTZ, Officer, that happened on Aug 14 ’25 when 4000.0 shares were purchased. Former Director, MR THOMAS L. BEAUDOIN completed a deal on May 09 ’25 to buy 23724.0 shares. Meanwhile, Former Director MR THOMAS L. BEAUDOIN bought 16073.0 shares on May 08 ’25.
