Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
In Guru Portfolios
Manager | Fund | Portfolio Weight (%) | Change |
|---|---|---|---|
| Steven Cohen | Point72 Asset Management, L.P. | 0.0% | -0.00% |
| Kenneth Griffin | CITADEL ADVISORS LLC | 0.0% | +0.00% |
About
Cerence Inc. delivers artificial intelligence-driven assistant technologies tailored for the global mobility and transportation sectors, serving markets across the Americas, Europe (including Germany), the Middle East, Africa, and the Asia-Pacific region (including Japan). The company's offerings encompass software components for edge computing, cloud-connected solutions, virtual assistant platforms, and expert professional services. They specialize in sophisticated conversational and generative AI capabilities, including voice recognition, natural language understanding, speech signal enhancement, text-to-speech synthesis, and acoustic calibration. Cerence maintains strategic collaborations with Arm Kleidi and SiMa.ai, aimed at advancing the performance and capabilities of its CaLLM Edge technology. Incorporated in 2020, Cerence Inc. has its headquarters in Burlington, Massachusetts.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, of fair value on EV/E
Target Price
The average target price of CRNC is 10.7 and suggests 27.2% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr