Cerence Inc.

Equities

CRNC

US1567271093

Software

Market Closed - Nasdaq 04:00:00 2024-03-27 pm EDT 5-day change 1st Jan Change
15.5 USD +7.42% Intraday chart for Cerence Inc. +4.03% -21.16%

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Cerence Inc. Engages First Automaker Customers for Callm?, Its Pioneering Automotive Large Language Model CI
Nvidia expands ties with Chinese EV makers as auto AI race heats up RE
Transcript : Cerence Inc. Presents at Morgan Stanley?s Technology, Media & Telecom Conference 2024, Mar-07-2024 01:25 PM
Cerence Appoints Daniel Tempesta as CFO MT
Cerence Inc. Announces Resignation of Thomas Beaudoin as Executive Vice President, Effective March 18, 2024 CI
Cerence Announces Chief Financial Officer Changes CI
North American Morning Briefing : S&P 500 to Open -2- DJ
Wedbush Raises Cerence's Price Target to $21 From $19 After Higher-Than-Expected Fiscal Q1 Results, Keeps Neutral Rating MT
Craig-Hallum Downgrades Cerence to Hold From Buy, Price Target is $22 MT
Transcript : Cerence Inc., Q1 2024 Earnings Call, Feb 06, 2024
Cerence Inc. Reports Earnings Results for the First Quarter Ended December 31, 2023 CI
Cerence Inc. Provides Earning Guidance for Fiscal Quarter Ending March 31, 2024 and Full Fiscal Year Ending September 30, 2024 CI
North American Morning Briefing : Rate Doubts Keep -2- DJ
Cerence and ?koda Elevate the In-Vehicle Experience with Cerence Chat Pro CI
Cerence, Great Wall Motor Partner For Enhanced User Experience MT
At CES, legacy automakers scramble to keep up in AI arms race RE
Great Wall Motor Selects Cerence to Power In-Car Experience as Automaker Expands Globally CI
Smart Eye and Cerence Inc. to Showcase A New Collaboration At CES 2024 CI
VW vehicles to converse with drivers via ChatGPT by mid-year RE
CES: VW brings ChatGPT into the car DP
Cerence Shares Rise After Teaming with Volkswagen on AI-Powered In-Car Assistant DJ
Volkswagen brings ChatGPT into compact cars RE
AI to dominate this year's CES, even without OpenAI's Altman on hand RE
Cerence Collaborating With Microsoft's Azure AI on Automotive Services MT
Cerence Inc. Collaborates with Microsoft to Develop Next-Generation, Generative AI-Powered Automotive User Experience CI
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Cerence Inc. is a provider of artificial intelligence (AI)-powered assistants for connected and autonomous vehicles. The Company is engaged in selling software licenses and cloud-connected services. 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 are comprised of certain speech and natural language understanding related technologies, AI-enabled personalization and context-based response frameworks, and a content integration platform. It delivers its solutions on a white-label basis, enabling its customers to deliver customized virtual assistants with branded personalities.
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More about the company
Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
15.5 USD
Average target price
22.12 USD
Spread / Average Target
+42.74%
Consensus
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  5. Baird Adjusts Price Target on Cerence to $30 From $23, Maintains Neutral Rating