Cerence Inc.'s business model revolves around providing advanced technologies and solutions for the automotive industry. As a leading provider of AI-powered voice assistants and innovative experiences, Cerence focuses on delivering seamless, intuitive, and personalized in-car experiences. Their software platform enables automakers to integrate voice recognition, natural language understanding, and speech synthesis into their vehicles, enhancing safety, convenience, and overall user satisfaction. By utilizing cutting-edge technology and deep domain expertise, Cerence empowers its clients to offer intelligent, voice-enabled systems that enable hands-free operation, intelligent navigation, personalized recommendations, and much more. So, the core business of Cerence Inc. lies in providing AI-driven technologies for a smarter and connected automotive experience.

Cerence Inc is primarily active in the automotive and mobility industry.

The main competitors of Cerence Inc in the market include companies like Nuance Communications, Harman International, and Apple Inc.

Cerence Inc, a leading automotive software provider, has a rich history and background. Established in 2019 as a spin-off from Nuance Communications, Cerence is built upon decades of expertise in artificial intelligence (AI) and voice recognition technologies. With a focus on developing cutting-edge solutions for connected cars, Cerence empowers automakers to provide a seamless and personalized driving experience. Their advanced AI-powered voice assistants enable hands-free control of various in-car functions, enhancing safety and convenience on the road. Cerence Inc continues to innovate and collaborate with global automotive partners, establishing itself as a trusted leader in the industry.

Cerence Inc has achieved several significant milestones since its inception. The company, a leading provider of voice-assistant technology and connected car solutions, has successfully established itself as a key player in the industry. Cerence Inc has revolutionized voice recognition technology with its advanced AI-driven platforms, enhancing user experience in vehicles worldwide. Moreover, the company has forged strategic partnerships with renowned automobile manufacturers, allowing for seamless integration of its solutions into various car models. Additionally, Cerence Inc has consistently demonstrated strong financial performance and continuous innovation, solidifying its position as a leader in the voice-assistant and connected car market.

Cerence Inc is primarily present in several countries and regions worldwide. The company has a global presence with operations and offices in North America, Europe, Asia-Pacific, and other parts of the world. Cerence Inc's products and services are utilized by automotive manufacturers, technology companies, and mobility service providers in various countries around the globe.

Cerence Inc is a global leader in creating innovative technology solutions for the automotive industry. The company's values revolve around driving forward-thinking advancements in voice recognition, artificial intelligence, and connected car technology. Cerence Inc prioritizes customer satisfaction by providing cutting-edge solutions that enhance the driving experience and promote safety on the road. With a commitment to innovation and excellence, Cerence Inc strives to be at the forefront of intelligent mobility solutions, empowering businesses and individuals alike.

Analysts currently set an average price target of 11.56 USD for the Cerence stock (median: 11.22 USD), implying +31.2 % versus the latest price. The consensus is based on 9 analyst ratings.

Cerence Analyst Price Targets 2026

9 analysts currently rate the Cerence stock: 0 recommend buying, 6 holding and 3 selling. For 2026, analysts expect Cerence to generate revenue of 315.55 M USD and earnings per share of 0.71 USD.

Cerence Analyst Price Targets 2026

Converted at the current exchange rate, the Cerence share trades at 7.74 EUR (8.81 USD).

The Cerence share (CRNC) is listed on 6 stock exchanges, including: NASDAQ (CRNC), XETRA (0S6.DE), Frankfurt (0S6.FRA), München (0S6.MU), Düsseldorf (0S6.DU).

The company Cerence Inc is a leading provider of solutions for speech and AI systems for the automotive industry, as well as for applications in healthcare and consumer electronics. The company, based in Burlington, Massachusetts, develops and delivers innovative technologies that aim to redefine the driving experience in the car of the future. Cerence's core products are speech recognition systems and AI platforms that allow drivers to control their cars using natural language. Cerence's products are integrated into a variety of automotive brands and models, from compact to luxury vehicles. Cerence's platforms also support a wide range of applications for the automotive industry, including infotainment systems, navigation, telematics, and autonomous driving. Cerence Inc operates in three business areas: automotive technology, healthcare, and enterprise technology. In the automotive technology area, Cerence develops advanced solutions for the digital cockpit and autonomous driving. Drivers can use Cerence's intelligent speech recognition system to turn on the radio, control the air conditioning, and use navigation systems without ever taking their hands off the steering wheel or gear shift. This improves driving safety as drivers can focus their attention on the road and traffic. Cerence has also developed a comprehensive range of autonomous driving solutions for OEMs. With Cerence technology, drivers can control their car using natural language without ever taking their eyes off the road. In the healthcare area, Cerence develops solutions for speech-based documentation in medical practices, as well as for medical devices and wearables. The company also offers services in the field of speech technology and data analytics to help doctors and clinics improve their performance and patient outcomes. In the enterprise technology area, Cerence offers cloud-based solutions for businesses of all sizes. Cerence platforms support customers in controlling devices, improving processes, and automating customer service functions. With Cerence's speech technology, companies can optimize their digital offerings to provide customers with a better experience. Overall, Cerence offers a wide range of solutions for speech and AI systems that aim to redefine the way we travel, work, and live. With a strong presence in the automotive industry and a growing presence in the healthcare and enterprise technology sectors, Cerence is on track to become a major player in the speech technology and AI industry.

The expected revenue of Cerence is 315.55 M USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Cerence is 31.96 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Cerence is currently 12.39. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Cerence stock.

The price-to-sales ratio (P/S) of Cerence is currently 1.26. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Cerence stock.

The Eulerpool Quality Score for Cerence is 1/10.

The ISIN of Cerence is US1567271093. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Cerence is A2PRLS. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Cerence is CRNC. The ticker symbol is used to trade Cerence shares on the stock exchange.

Cerence paid dividends every year for the past 0 years.

Cerence is assigned to the 'Information technology' sector.

The dividends of Cerence are distributed in USD.