Cerence Inc.

CRNC

US1567271093

Software

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
9.39 ^USD	-6.57%		-9.28%	-52.24%

Apr. 25	Foxtron Selects Cerence to Bring Intuitive, Voice-Powered Interaction to Its New Electric Vehicles, Bringing These Features to Drivers in Taiwan	CI
Apr. 17	Baird Adjusts Price Target on Cerence to $15 From $17, Maintains Neutral Rating	MT

Cerence Inc. Reports Impairment Charges for the Fourth Quarter Ended September 30, 2022

November 29, 2022 at 08:11 am EST

Cerence Inc. reported impairment charges for the fourth quarter ended September 30, 2022. For the period, the company reported goodwill impairment of $213,720,000.

Latest news about Cerence Inc.

Foxtron Selects Cerence to Bring Intuitive, Voice-Powered Interaction to Its New Electric Vehicles, Bringing These Features to Drivers in Taiwan	Apr. 25	CI
Baird Adjusts Price Target on Cerence to $15 From $17, Maintains Neutral Rating	Apr. 17	MT
Cerence Inc. Enters into Amendment No. 3 to Credit Agreement	Apr. 15	CI
Cerence Inc. Engages First Automaker Customers for Callm?, Its Pioneering Automotive Large Language Model	Mar. 21	CI
Nvidia expands ties with Chinese EV makers as auto AI race heats up	Mar. 18	RE
Transcript : Cerence Inc. Presents at Morgan Stanley?s Technology, Media & Telecom Conference 2024, Mar-07-2024 01:25 PM	Mar. 07
Cerence Appoints Daniel Tempesta as CFO	Mar. 04	MT
Cerence Inc. Announces Resignation of Thomas Beaudoin as Executive Vice President, Effective March 18, 2024	Mar. 04	CI
Cerence Announces Chief Financial Officer Changes	Mar. 04	CI
North American Morning Briefing : S&P 500 to Open -2-	Feb. 08	DJ
Wedbush Raises Cerence's Price Target to $21 From $19 After Higher-Than-Expected Fiscal Q1 Results, Keeps Neutral Rating	Feb. 07	MT
Craig-Hallum Downgrades Cerence to Hold From Buy, Price Target is $22	Feb. 07	MT
Transcript : Cerence Inc., Q1 2024 Earnings Call, Feb 06, 2024	Feb. 06
Cerence Inc. Reports Earnings Results for the First Quarter Ended December 31, 2023	Feb. 06	CI
Cerence Inc. Provides Earning Guidance for Fiscal Quarter Ending March 31, 2024 and Full Fiscal Year Ending September 30, 2024	Feb. 06	CI
North American Morning Briefing : Rate Doubts Keep -2-	Feb. 06	DJ
Cerence and ?koda Elevate the In-Vehicle Experience with Cerence Chat Pro	Jan. 16	CI
Cerence, Great Wall Motor Partner For Enhanced User Experience	Jan. 10	MT
At CES, legacy automakers scramble to keep up in AI arms race	Jan. 10	RE
Great Wall Motor Selects Cerence to Power In-Car Experience as Automaker Expands Globally	Jan. 10	CI
Smart Eye and Cerence Inc. to Showcase A New Collaboration At CES 2024	Jan. 09	CI
VW vehicles to converse with drivers via ChatGPT by mid-year	Jan. 08	RE
CES: VW brings ChatGPT into the car	Jan. 08	DP
Cerence Shares Rise After Teaming with Volkswagen on AI-Powered In-Car Assistant	Jan. 08	DJ
Volkswagen brings ChatGPT into compact cars	Jan. 08	RE

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 vehicleâs 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.

Sector

Software

Calendar

2024-05-06 - Q2 2024 Earnings Release (Projected)

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OUTPERFORM

Number of Analysts

Last Close Price

9.39 USD

Average target price

21.5 USD

Spread / Average Target

+128.97%

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Cerence Inc.

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CRNC

US1567271093

Software

Cerence Inc. Reports Impairment Charges for the Fourth Quarter Ended September 30, 2022

Latest news about Cerence Inc.

Chart Cerence Inc.

Company Profile

Income Statement Evolution

Ratings for Cerence Inc.

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Software