CRNC Stock: Cerence Inc. Stock Price, Analysis & Insights
Get live crnc stock price $10.10, comprehensive Cerence Inc. stock analysis, charts, news, and expert forecast. Real-time crnc stock data and investment insights.
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Company Overview
Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market worldwide. The company offers edge software components; cloud-connected components and related toolkits and applications; and virtual assistant coexistence and professional services. It also provides conversational artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic modeling technology. Cerence Inc. is headquartered in Burlington, Massachusetts.
Company Information
- CEO
- Brian Matthew Krzanich
- Sector
- Technology
- Industry
- Software - Application
- Employees
- 1400
Contact Information
- Website
- https://www.cerence.com
- Address
- 15 Wayside Road
- Country
- US
Investment Analysis & Business Insights
Investment Highlights
✓ Strong presence in the Technology sector with established market position
✓ Higher growth potential with elevated volatility (Beta: 2.57)
Business Model & Strategy
Cerence Inc. operates in the Software - Application industry, focusing on technology development, software services, and digital solutions. Under the leadership of CEO Brian Matthew Krzanich, the company navigates Technology sector dynamics while pursuing growth opportunities. The Software - Application model requires continuous innovation, talent acquisition, and competitive differentiation to maintain competitiveness and drive shareholder value.
Market Position & Competitive Landscape
Cerence Inc. competes in the Software - Application within the broader Technology. With 437.5 million in market capitalization, the company is positioned as a emerging competitor in its sector. The Technology is characterized by rapid innovation cycles, platform competition, and disruptive trends. As a publicly traded company on the NASDAQ Global Select, Cerence Inc. provides investors with liquidity and transparency while subject to regulatory oversight. Investors evaluating Cerence Inc. should consider industry-specific trends, competitive positioning, and Technology sector fundamentals.
Important Investment Considerations
- ⚠All investments carry risk, including potential loss of principal for Cerence Inc. shareholders
- ⚠Market volatility can significantly impact stock price, especially for smaller companies
- ⚠Sector-specific risks in Technology may affect company performance
- ⚠Past performance does not guarantee future results for Cerence Inc.
- ⚠Investors should consider how Cerence Inc. fits within their overall portfolio allocation
- ⚠Valuation metrics suggest potential, but require fundamental analysis
Market Cap
437.53M
P/E Ratio
-17.41
Beta
2.57
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Technology leader with 437.53M market capitalization
- Trading Volume: 11.50M shares traded today
- Price Range: 52-week range of $3.39 - $27.50
- Exchange: Listed on NASDAQ Global Select
Financial Metrics
Market Analysis for Cerence Inc.
Cerence Inc. (CRNC) operates in the Software - Application industry within the Technology sector. With a current market capitalization of 437.53M, the company represents a significant player in its market. The stock is currently trading at $10.10 with a positivedaily change of 27.53%.
The company's 1400 employee base and presence on the NASDAQ Global Selectexchange position it as a Technology sector leader. Investors should consider the stock's P/E ratio of -17.41, beta of 2.57, and 52-week price range from $3.39 to $27.50when evaluating investment opportunities.
Why Invest in Cerence Inc.?
Strengths
- • Established market presence in Technology
- • Strong financial metrics and market position
- • Listed on major exchange (NASDAQ Global Select)
- • Experienced leadership under Brian Matthew Krzanich
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Technology Sector
The Technology sector includes companies that develop and provide technology products and services, including software, hardware, and digital solutions.