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Cerence (CRNC) Stock Forecast & Price Target

Cerence (CRNC) Analyst Ratings

Based on 13 analyst ratings
Buy
Strong Buy 23%
Buy 15%
Hold 62%
Sell 0%
Strong Sell 0%

Bulls say

Cerence Inc has demonstrated a positive outlook bolstered by an increase in Deferred Revenue, which is expected to contribute to stronger future growth in this area. The company has reported improved margins, particularly in Professional Services, which rose to 32.7%, exceeding previous estimates, and has shown promising EPS growth projections expected to more than double year-over-year by FY27. Additionally, favorable movements in sales strategy focusing on Billings and New AI Deals, along with encouraging developments in partnerships with major OEMs, further strengthen the financial outlook for Cerence.

Bears say

Cerence Inc is experiencing a significant decline in gross margins for its Connected Services segment, projected to remain flat at approximately 47% through the first half of fiscal year 2025, compared to previously anticipated levels of around 56% to 61% for fiscal year 2026. Additionally, weakening sales forecasts for 2024 and the potential for a global recession could further impact revenue, particularly if consumer demand for new vehicles diminishes or shifts towards lower-end models with limited AI features. The company's stock trades at a discount relative to its peers, which raises concerns about its competitive positioning and overall market performance amidst these unfavorable pressures.

Cerence (CRNC) has been analyzed by 13 analysts, with a consensus rating of Buy. 23% of analysts recommend a Strong Buy, 15% recommend Buy, 62% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Cerence and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Cerence (CRNC) Forecast

Analysts have given Cerence (CRNC) a Buy based on their latest research and market trends.

According to 13 analysts, Cerence (CRNC) has a Buy consensus rating as of Jul 5, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $28.38, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $28.38, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Cerence (CRNC)


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