What Analysts Are Saying About Cerence Stock
From Nasdaq: 2025-05-09 18:00:00
Analysts have provided ratings for Cerence (NASDAQ: CRNC) in the past three months, with a mix of bullish and bearish perspectives. Recent ratings show 1 bullish, 4 indifferent, and 0 bearish ratings. Analysts have set an average price target of $10.40, with a high estimate of $16.00 and a low estimate of $8.00. Recent actions by key analysts include raised, lowered, and maintained ratings and price targets. Cerence Inc is a US-based software company that develops mobility solutions for drivers and their cars, generating revenue through software licenses and services. The company faces challenges in market capitalization, revenue growth, net margin, ROE, ROA, and debt management. Analyst ratings provide insights into the company’s future performance, with 150 analyst firms tracking and reporting on stock expectations. Investors should consider analyst ratings as a valuable source of information, understanding that they are based on predictions and may be subject to error.
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