Cerence Inc.
CRNC · Price history
Price at last available close
$8.48
+$0.68 (+8.72%) 1M
2026-10-28
Tap or drag sideways to inspect a price. Use two fingers to compare automatically. Release to scroll. Use Shift + arrow keys to compare with a keyboard.
Company & revenue
About Cerence Inc.
Primary reporting period: 2025-09-30 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Cerence Inc. specializes in developing and providing AI-driven virtual assistants tailored for the global mobility and transportation industry. The company's diverse portfolio includes both embedded (edge) software components and cloud-based solutions, along with relevant development toolkits, applications, and professional services to facilitate virtual assistant coexistence. These offerings are powered by sophisticated conversational artificial intelligence technologies, encompassing capabilities such as advanced speech recognition, natural language understanding, speech signal enhancement, text-to-speech functionalities, and acoustic modeling.
How they make money
Cerence generates revenue primarily through licensing its proprietary automotive AI software to original equipment manufacturers (OEMs) and Tier 1 suppliers. The business model includes perpetual software licenses, multi-year cloud-connected service subscriptions, and professional services for the design, integration, and deployment of in-car voice and generative AI experiences.
Products & services
Cerence provides AI-powered automotive user experience platforms, including Cerence xUI, a hybrid generative AI platform based on CaLLM language models, and Cerence Assistant, a voice-activated digital assistant. These are supported by core technologies such as speech recognition, text-to-speech, and assistant activation.
Brands & revenue mix
Customizable, hybrid generative AI platform for automotive user experiences.
Separate brand revenue is not available in this research.Source
Ready-to-deploy, next-generation voice assistant for vehicles.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
Period ended 2025-09-30Source
Period ended 2025-09-30Source
Period ended 2025-09-30Source
Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.
Geographic revenue
Period ended 2025-09-30Source
Period ended 2025-09-30Source
Period ended 2025-09-30Source
Period ended 2025-09-30Source
Period ended 2025-09-30Source
Period ended 2025-09-30Source
Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.
Customer types
Customer concentration
The company reports that a significant portion of its revenue is derived from a limited number of automotive OEMs and Tier 1 suppliers, noting that the loss of any major customer could materially impact financial results for the fiscal year ended September 30, 2025.
Suppliers, materials & equipment
- Cloud Service Providers — The company relies on third-party cloud infrastructure providers to host and deliver its connected services and cloud-based AI solutions.Source
Competitors
- Google — Competes in the automotive voice assistant and in-car infotainment software market through Android Automotive and Google Assistant.Source
- Apple — Competes in the automotive user experience market through its CarPlay platform.Source
- Amazon — Competes in the automotive voice assistant market through Alexa Automotive.Source
Strengths
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
25
Poor
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
43
Weak
Financial Strength
60
Business Quality / Moat
28
Management
40
Growth Quality
60
Risk / Durability
6
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
38
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
47/100
Building Historical Record
Model Score 47/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
- •Balance-sheet / debt profile scores strongly
- •Debt service risk
- •Valuation is a weaker part of the current profile
- •Revenue fundamentals are weak
Company-specific research
Questions worth answering for CRNC
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can CRNC maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •Is CRNC's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
- •Does CRNC's balance between cash and debt leave enough flexibility if business conditions weaken?
- •What specifically needs to improve for CRNC to reach sustainable profitability?
- •What future growth or profitability would be needed to justify CRNC's current valuation?
Essential Investment Snapshot
Wall Street Score
25
Opportunity Score
38
Market Cap
$383.6M
P/E Ratio
-21.6
EPS
$-0.36
52-Week High
$13.74
52-Week Low
$5.85
Beta
3.01
Analyst Target
$11.50
Shares Outstanding
43.2M
Total Revenue
$309.5M
Total Debt
$187.1M
Dividend
No current dividend
Liquidation Value / Share
$3.85
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Neutral / mixed momentum
Low movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for CRNC
Detected from reported data — verify before acting.Debt service risk
Interest coverage is low (~1.3x). Earnings may be strained to cover interest expense.
Community Sentiment
0 active · 0 total callsNo personal call yet on CRNC.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Extensive automotive industry footprint with solutions in approximately 52% of cars shipped in fiscal 2025.
- +Deep domain expertise in automotive-specific conversational AI and multi-language support.
- +Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
- −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Software - Application industry.
- −Dependence on automotive production volumes and the timing of vehicle shipments by customers.
- −Risks associated with the rapid evolution of generative AI and the ability to maintain technological competitiveness.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
6 historical score records availablePrevious Score
25
Sep 17, 2026
Change
Unchanged
Current Score
25
Oct 1, 2026
Category Changes
CRNC score was unchanged.
Projected Score
Projected Score
28
Projected Change
+2.4 points
Preliminary comparable-period financial changes suggest improvement of approximately 2.4 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Valuation unavailableCurrent Price
$8.48
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $309.5M | $251.8M | $331.5M | $294.5M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $65.9M | $70.3M | $89.4M | $101.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $243.6M | $181.5M | $242.1M | $193.5M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $110.6M | $97.8M | $121.6M | $123.3M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $96.1M | $70.6M | $74.2M | $85.4M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $208.0M | $168.3M | $195.8M | $208.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | $44.3M | $12.0M | -$561.4M | -$5.6M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | $35.6M | $13.1M | $46.3M | -$15.3M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $6.3M | $10.2M | $12.6M | $14.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | $23.2M | -$8.8M | -$584.6M | -$36.4M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | $38.6M | $9.9M | $3.5M | $19.9M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | -$15.4M | -$18.7M | -$588.1M | -$56.3M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $-0.36 | $-0.43 | $-14.12 | $-1.40 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 45.18M | 43.18M | 41.64M | 40.22M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 47.74M | 43.18M | 41.64M | 40.22M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$69.6M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$0.03
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-13.7%
Cash Change
+73.2%
Margin Change
+6.6 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Margins expanded
- Cash position grew
- Debt reduced
Potential Score Impact
Positive indicators included revenue growth, cash levels, debt levels, net income margin. Pressure indicators included EPS growth. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 11.8%. EPS declined 147.7%. Cash increased 73.2%. Total debt declined 13.7%. Net income margin improved by 6.6 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
Smart Money
Number of Gurus
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
6 historical recordsHistorical Score Chart
3 of 6 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
Related Companies
Software - ApplicationNews
Cerence AI Named Growth and Innovation Index Leader in Frost Radar™ for AI-Powered In-Car Assistants
Cerence AI's Mobile Work Agent Selected as Automotive Cybersecurity Innovation of the Year in 2026 AutoTech Breakthrough Awards
Leading Indicators For The October Breakout Cycle
Cerence Announces Repurchase of $10 Million of 1.50% Convertible Senior Notes Due 2028
Rumor Mill · CRNC
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
Related Stock Research
Continue researching this company with related Wall Street Score rankings and investing guides.
Score Alerts
Premium unlocks alerts when a score rises, falls, or reaches your target price.
Start 7-Day Free TrialPortfolio Score
Premium unlocks portfolio scoring, strongest and weakest holdings, and overall margin of safety.
Start 7-Day Free Trial