CRNC (Cerence Inc. Common Stock) Stock Analysis - News

Cerence Inc. Common Stock (CRNC) is a publicly traded Technology sector company. As of May 21, 2026, CRNC trades at $9.35 with a market cap of $430.19M and a P/E ratio of -20.25. CRNC moved +0.54% today. Year to date, CRNC is -16.68%; over the trailing twelve months it is +3.82%. Its 52-week range spans $2.56 to $27.50. Analyst consensus is buy with an average price target of $10.00. Rallies surfaces CRNC's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What changed in CRNC news today?

Cerence Q2 revenue $64.2M beats guidance, raises full-year outlook: Cerence posted Q2 revenue of $64.2 million, surpassing high-end guidance, and achieved $7.2 million in adjusted EBITDA with net income of $1.7 million for the quarter. Operating cash flow reached $14.1 million, free cash flow was $13.6 million, and the company raised midpoints of full-year revenue, EBITDA and free cash flow forecasts.

CRNC Key Metrics

Key financial metrics for CRNC
MetricValue
Price$9.35
Market Cap$430.19M
P/E Ratio-20.25
EPS$-0.45
Dividend Yield0.00%
52-Week High$27.50
52-Week Low$2.56
Volume242
Avg Volume0
Revenue (TTM)$302.14M
Net Income$-19.65M
Gross Margin78.28%

Latest CRNC News

Recent CRNC Insider Trades

  • Krzanich Brian M sold 132.07K (~$1.51M) on Oct 9, 2025.
  • Salinas Jennifer sold 77.99K (~$960.28K) on Oct 7, 2025.
  • Salinas Jennifer sold 64.78K (~$826.47K) on Oct 6, 2025.

CRNC Analyst Consensus

3 analysts cover CRNC: 0 strong buy, 1 buy, 2 hold, 0 sell, 0 strong sell. Consensus rating is buy. Average price target: $10.00.

Common questions about CRNC

What changed in CRNC news today?
Cerence Q2 revenue $64.2M beats guidance, raises full-year outlook: Cerence posted Q2 revenue of $64.2 million, surpassing high-end guidance, and achieved $7.2 million in adjusted EBITDA with net income of $1.7 million for the quarter. Operating cash flow reached $14.1 million, free cash flow was $13.6 million, and the company raised midpoints of full-year revenue, EBITDA and free cash flow forecasts.
Does Rallies summarize CRNC news?
Yes. Rallies summarizes CRNC news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is CRNC research on Rallies investment advice?
No. Rallies provides research, data, and educational context for CRNC. It does not provide personalized investment advice.
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