Consensus Cerence Inc.

Equities

CRNC

US1567271093

Market Closed - Nasdaq Other stock markets 21:00:00 26/04/2024 BST			5-day change	1st Jan Change
9.71 ^USD	+3.41%		-6.18%	-50.61%

04-25	Foxtron Selects Cerence to Bring Intuitive, Voice-Powered Interaction to Its New Electric Vehicles, Bringing These Features to Drivers in Taiwan	CI
04-17	Baird Adjusts Price Target on Cerence to $15 From $17, Maintains Neutral Rating	MT

Evolution of the average Target Price on Cerence Inc.

Price target over the last 5 years

History of analyst recommendation changes

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Analyst Recommendations on Cerence Inc.

Baird Adjusts Price Target on Cerence to $15 From $17, Maintains Neutral Rating	04-17	MT
Wedbush Raises Cerence's Price Target to $21 From $19 After Higher-Than-Expected Fiscal Q1 Results, Keeps Neutral Rating	02-07	MT
Craig-Hallum Downgrades Cerence to Hold From Buy, Price Target is $22	02-07	MT
North American Morning Briefing : Rate Doubts Keep -2-	02-06	DJ
Goldman Sachs Cuts Price Target on Cerence to $19 From $28 Amid Lower Outlook; Maintains Neutral Rating	11-29	MT
Goldman Sachs Cuts Price Target on Cerence to $19 From $28 Amid Cut to Multi-Year Outlook, Lower Peer Multiples; Neutral Rating Kept	11-29	MT
Wells Fargo Cuts Cerence's Price Target to $25 From $32, Maintains Overweight Rating	11-28	MT
Needham Adjusts Cerence's Price Target to $23 From $34, Keeps Buy Rating	11-28	MT
Wedbush Cuts Cerence's PT to $19 From $31 on Lower Multiple, Says Large Legacy Contract Write-Down to Overshadow Fiscal Year 2024 Guidance; Keeps Neutral Rating	11-28	MT
Wedbush Raises Cerence's Price Target to $31 From $26 After Higher-Than-Expected Fiscal Q3 Results, Keeps Neutral Rating	09/08/23	MT
Wedbush Cuts Cerence's Price Target to $26 From $32, Keeps Neutral Rating	11/05/23	MT
Goldman Sachs Adjusts Price Target on Cerence to $28 From $31, Maintains Neutral Rating	10/05/23	MT
Wedbush Raises Cerence's Price Target to $32 From $25 After Above-Street Fiscal Q1 Results, Keeps Neutral Rating	10/02/23	MT
Goldman Sachs Adjusts Price Target on Cerence to $31 From $19, Maintains Neutral Rating	09/02/23	MT
Baird Adjusts Price Target on Cerence to $30 From $23, Maintains Neutral Rating	09/02/23	MT
Wells Fargo Adjusts Price Target on Cerence to $32 From $25, Maintains Overweight Rating	09/02/23	MT
Needham Adjusts Cerence's Price Target to $42 From $40, Keeps Buy Rating	09/02/23	MT
Craig-Hallum Upgrades Cerence to Buy From Hold, Price Target is $40	09/02/23	MT
Goldman Sachs Raises PT on Cerence to $19 From $17 as Q4 Results Were "Modestly Above Consensus", Maintains Neutral Rating	30/11/22	MT
Cowen Raises Price Target on Cerence to $35 From $32, Maintains Outperform Rating	30/11/22	MT
Jefferies Adjusts Price Target on Cerence to $20 From $25, Maintains Hold Rating	30/11/22	MT
Needham Adjusts Cerence's Price Target to $40 From $30, Keeps Buy Rating	30/11/22	MT
Wells Fargo Lowers Price Target on Cerence to $25 From $48, Maintains Overweight Rating	15/11/22	MT
Goldman Sachs Cuts Cerence's Price Target to $17 From $30, Maintains Neutral Rating	11/10/22	MT
RBC Cuts Price Target on Cerence to $18 From $22, Maintains Sector Perform Rating	10/10/22	MT

More recommendations

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

9.71 USD

Average target price

21.5 USD

Spread / Average Target

+121.42%

High Price Target

27 USD

Spread / Highest target

+178.06%

Low Price Target

15 USD

Spread / Lowest Target

+54.48%

Consensus detail

Consensus revision (last 18 months)

Analysts covering Cerence Inc.

Baird
Craig-Hallum
Wedbush
Goldman Sachs
Wells Fargo Securities
Needham & Co.
Jefferies & Co.
Cowen
RBC Capital Markets
Berenberg Bank
Raymond James
Evercore ISI

Ratings for Cerence Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar