Cerence: Poised For Rebound With Strong Pipeline [Seeking Alpha]
Cerence Inc. (CRNC)
Last cerence inc. earnings: 2/11 07:00 am
Check Earnings Report
Company Research
Source: Seeking Alpha
Share performance has been lackluster, currently down 22% YTD, but the stock appears undervalued, based on my price target model. CRNC has guided strong revenue growth in FY 2024, supported by several catalysts, such as NVIDIA and Microsoft partnerships and strong product adoptions. Cerence ( NASDAQ: CRNC ) is a leading company in the field of automotive AI assistants. They develop technology that allows drivers to use their voice to control various aspects of their car, such as the navigation system, entertainment system, and climate settings. Their technology is used by many major car manufacturers around the world. Upon its spin-off from Nuance in 2019, share performance has been lackluster. It reached an all-time high of $133 in 2021, a significant return from its spin-off price of $17 in 2019. However, the share price gradually trended down from the high thirties to the high teens for most of 2022. CRNC mostly saw sideways price action for most of 2023. It reached a 2023 h
Show less
Read more
Impact Snapshot
Event Time:
CRNC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CRNC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CRNC alerts
High impacting Cerence Inc. news events
Weekly update
A roundup of the hottest topics
CRNC
News
- Cerence to Announce Fiscal Second Quarter Results on May 9, 2024GlobeNewswire
- Foxtron and Cerence Collaborate to Bring First-of-its-Kind Intuitive Interaction to Foxtron's New Electric Vehicles in Taiwan [Yahoo! Finance]Yahoo! Finance
- Foxtron and Cerence Collaborate to Bring First-of-its-Kind Intuitive Interaction to Foxtron’s New Electric Vehicles in TaiwanGlobeNewswire
- Advanced Biometrics Industry Analysis Report 2024: Evolution Timeline, Emerging Trends, Patents Landscape, Sector Impacts, Real-world Innovations [Yahoo! Finance]Yahoo! Finance
- CERENCE INVESTIGATION CONTINUED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Cerence Inc. - CRNCPR Newswire
CRNC
Earnings
- 2/6/24 - Beat
CRNC
Sec Filings
- 5/2/24 - Form 4
- 5/1/24 - Form 144
- 4/23/24 - Form 4
- CRNC's page on the SEC website