CRNC: Cerence, Inc.

Stock

About

Cerence, Inc. engages in building artificial intelligence-powered virtual assistants for the mobility and transportation market. Its products include core technologies, apps and multi-modality, audio AI, adjacent markets, professional services and platform developers. The company was founded on October 1, 2019 and is headquartered in Burlington, MA.

Website
www.cerence.com
Year Founded
2019
Employees
1,700
Sector
Information Technology
HQ Location
Burlington, MA

Current Value

$3.02

1 Year Return

-$15.06
-83.30%

Key Details

Market Cap

$124.16M

P/E Ratio

-0.21

1Y Stock Return

-82.36%

1Y Revenue Growth

31.49%

Dividend Yield

0.00%

Price to Book

0.8

Strategies that include
CRNC

High risk

$8,000

Information Technology Sector

speculation
maximum growth

This strategy concentrates on the technology sector, including companies involved in software, hardware, IT services, and semiconductor industries. It captures the growth potential of tech companies driving innovation and digital transformation, appealing to investors seeking exposure to this dynamic sector.

Top Sector

Information Technology

Top Holdings

Return

+22.36%

Expense Ratio

0.00%

Holdings

282

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CRNC
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Stock's related to
CRNC

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ETF's related to
CRNC

News

Yahoo

CaLLM™ Edge is developed and optimized in collaboration with Microsoft, leveraging its Phi-3 family of small language modelsBURLINGTON, Mass., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today introduced CaLLM™ Edge, its pioneering, automotive-grade, embedded small language model (SLM). This new SLM is available within the existing Cerence solutions portfolio and will power its next-generation AI assistant platform, enabling an intelligent, seamless u

Yahoo

BURLINGTON, Mass., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will announce its fourth quarter financial results for the quarter ended September 30, 2024, on Thursday, November 21, 2024, at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are in

Yahoo

Global motorcycle leader empowers and connects riders while minimizing distractions with Cerence’s advanced, voice-powered AI assistant — built specifically for the two-wheeler market Kawasaki Selects Cerence to Transform the Rider Experience Across Its Motorcycle Lineup Cerence today announced a new partnership with Kawasaki Motors, Ltd. to transform the user experience across its lineup of two-wheeled vehicles. BURLINGTON, Mass., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), A

Yahoo

Key Insights Significantly high institutional ownership implies Cerence's stock price is sensitive to their trading...

Yahoo

Reno made its debut in the Renault 5 E-Tech electric in September 2024BURLINGTON, Mass., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced its expanded partnership with Renault to bring generative AI-powered capabilities and human-like interaction to the automaker’s next-generation, multi-modal in-car companion, Reno. Reno, the official Renault avatar, is an intelligent, helpful, and endearing in-car companion that brings customers a more in

Yahoo

BURLINGTON, Mass., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (the “Company”), AI for a world in motion, today announced that, in connection with Brian Krzanich’s recent appointment as Chief Executive Officer and President effective October 7, 2024, the Company granted Mr. Krzanich an initial equity award with a target aggregate value of $6 million, based on the average closing price of the Company’s common stock over the trailing 20 trading days ending on the date of grant. S

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