CRNC Chart
About

Cerence Inc. provides AI-powered assistants for the mobility/transportation market in the United States, the rest of the Americas, Germany, the rest of Europe, the Middle East, Africa, Japan, and the rest of the Asia-Pacific. The company offers edge software components, cloud-connected components, virtual assistant, and professional services. It also provides conversational and generative artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic tuning. The company has a strategic partnership with Arm Kleidi; and SiMa.ai to advance the capabilities and performance of CaLLM Edge. Cerence Inc. was incorporated in 2020 and is headquartered in Burlington, Massachusetts.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Application Market Cap 334.48M
Enterprise Value 428.24M Income 335.00K Sales 315.96M
Book/sh 3.34 Cash/sh 2.10 Dividend Yield —
Payout 0.00% Employees 1300 IPO —
P/E 371.50 Forward P/E 10.98 PEG —
P/S 1.06 P/B 2.22 P/C —
EV/EBITDA 6.75 EV/Sales 1.35 Quick Ratio 1.47
Current Ratio 1.88 Debt/Eq 125.25 LT Debt/Eq —
EPS (ttm) 0.02 EPS next Y 0.68 EPS Growth —
Revenue Growth 126.10% Earnings 2026-05-06 ROA 5.75%
ROE 0.25% ROIC — Gross Margin 78.94%
Oper. Margin 32.24% Profit Margin 0.11% Shs Outstand 45.02M
Shs Float 43.64M Short Float 15.09% Short Ratio 9.27
Short Interest — 52W High 13.74 52W Low 5.94
Beta 2.59 Avg Volume 1.09M Volume 891.49K
Target Price $10.00 Recom None Prev Close $7.40
Price $7.43 Change 0.41%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$10.00
Mean price target
2. Current target
$7.43
Latest analyst target
3. DCF / Fair value
$22.84
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$7.43
Low
$8.00
High
$12.00
Mean
$10.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-09 main Goldman Sachs Neutral → Neutral $8
2026-02-05 main TD Cowen Hold → Hold $12
2025-11-20 main Goldman Sachs Neutral → Neutral $11
2025-08-07 main Goldman Sachs Neutral → Neutral $10
2025-05-09 main Goldman Sachs Neutral → Neutral $9
2025-05-08 main Wells Fargo Equal-Weight → Equal-Weight $10
2025-04-10 main Goldman Sachs Neutral → Neutral $8
2025-03-18 reit Needham Buy → Buy $16
2025-02-18 main Evercore ISI Group In-Line → In-Line $9
2025-02-07 reit Needham Buy → Buy $16
2025-01-22 up Needham Hold → Buy $16
2025-01-16 main Goldman Sachs Neutral → Neutral $14
2024-11-25 reit Needham — → Hold —
2024-11-22 main Craig-Hallum Hold → Hold $6
2024-08-09 main TD Cowen Buy → Buy $10
2024-08-09 main Wells Fargo Equal-Weight → Equal-Weight $3
2024-08-09 reit Needham — → Hold —
2024-07-15 main Evercore ISI Group In-Line → In-Line $5
2024-07-12 main Baird Neutral → Neutral $6
2024-07-10 main Goldman Sachs Neutral → Neutral $3
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 12968 102966 — Stock Award(Grant) at price 7.94 per share. MATUS KRISTI ANN Director — 2026-02-12 00:00:00 D
1 12968 102966 — Stock Award(Grant) at price 7.94 per share. BUDNIK MARIANNE Director — 2026-02-12 00:00:00 D
2 12968 102966 — Stock Award(Grant) at price 7.94 per share. KLEVORN MARCY S Director — 2026-02-12 00:00:00 D
3 12968 102966 — Stock Award(Grant) at price 7.94 per share. DAVIS DOUGLAS LEE Director — 2026-02-12 00:00:00 D
4 12968 102966 — Stock Award(Grant) at price 7.94 per share. HARRIS MARION Director — 2026-02-12 00:00:00 D
5 131694 1626421 — Stock Award(Grant) at price 12.35 per share. RODRIQUEZ ANTONIO Chief Financial Officer — 2026-01-09 00:00:00 D
6 263338 3252224 — Stock Award(Grant) at price 12.35 per share. KRZANICH BRIAN M Chief Executive Officer — 2026-01-09 00:00:00 D
7 131694 1626421 — Stock Award(Grant) at price 12.35 per share. SALINAS JENNIFER Officer — 2026-01-09 00:00:00 D
8 87796 1084281 — Stock Award(Grant) at price 12.35 per share. SCHANZ NILS Officer — 2026-01-09 00:00:00 D
9 131694 1626421 — Stock Award(Grant) at price 12.35 per share. MENTZ CHRISTIAN Officer — 2026-01-09 00:00:00 D
Financials
Line Item2025-09-302024-09-302023-09-302022-09-30
TaxEffectOfUnusualItems-3.24M-131.51M-2.50M-46.76M
TaxRateForCalcs0.210.210.210.21
NormalizedEBITDA27.37M64.82M6.33M62.27M
TotalUnusualItems-15.42M-626.25M-11.92M-222.69M
TotalUnusualItemsExcludingGoodwill-15.42M-626.25M-11.92M-222.69M
NetIncomeFromContinuingOperationNetMinorityInterest-18.71M-588.08M-56.25M-310.83M
ReconciledDepreciation10.55M10.63M16.04M23.94M
ReconciledCostOfRevenue59.76M78.81M84.98M84.75M
EBITDA11.95M-561.43M-5.58M-160.42M
EBIT1.40M-572.06M-21.62M-184.36M
NetInterestIncome-6.37M-7.20M-10.30M-13.39M
InterestExpense10.22M12.55M14.77M14.39M
InterestIncome3.85M5.35M4.47M1.01M
NormalizedIncome-6.53M-93.34M-46.84M-134.90M
NetIncomeFromContinuingAndDiscontinuedOperation-18.71M-588.08M-56.25M-310.83M
TotalExpenses238.65M285.19M309.76M289.55M
TotalOperatingIncomeAsReported-2.29M-579.94M-27.20M-184.34M
DilutedAverageShares43.18M41.64M40.22M39.19M
BasicAverageShares43.18M41.64M40.22M39.19M
DilutedEPS-0.43-14.12-1.40-7.93
BasicEPS-0.43-14.12-1.40-7.93
DilutedNIAvailtoComStockholders-18.71M-588.08M-56.25M-310.83M
NetIncomeCommonStockholders-18.71M-588.08M-56.25M-310.83M
NetIncome-18.71M-588.08M-56.25M-310.83M
NetIncomeIncludingNoncontrollingInterests-18.71M-588.08M-56.25M-310.83M
NetIncomeContinuousOperations-18.71M-588.08M-56.25M-310.83M
TaxProvision9.89M3.47M19.86M112.08M
PretaxIncome-8.82M-584.61M-36.39M-198.75M
OtherIncomeExpense-15.58M-623.72M-10.81M-223.70M
OtherNonOperatingIncomeExpenses-160.00K2.53M1.11M-1.02M
SpecialIncomeCharges-15.42M-626.25M-11.92M-222.69M
ImpairmentOfCapitalAssets0.00609.17M0.00213.72M
RestructuringAndMergernAcquisition15.42M17.08M11.92M8.96M
NetNonOperatingInterestIncomeExpense-6.37M-7.20M-10.30M-13.39M
InterestExpenseNonOperating10.22M12.55M14.77M14.39M
InterestIncomeNonOperating3.85M5.35M4.47M1.01M
OperatingIncome13.13M46.31M-15.28M38.34M
OperatingExpense170.01M197.96M214.59M192.38M
DepreciationAmortizationDepletionIncomeStatement1.67M2.20M5.85M11.52M
DepreciationAndAmortizationInIncomeStatement1.67M2.20M5.85M11.52M
Amortization1.67M2.20M5.85M11.52M
AmortizationOfIntangiblesIncomeStatement1.67M2.20M5.85M11.52M
ResearchAndDevelopment97.76M121.56M123.33M107.12M
SellingGeneralAndAdministration70.58M74.19M85.41M73.75M
SellingAndMarketingExpense21.82M21.73M27.50M31.10M
GeneralAndAdministrativeExpense48.77M52.47M57.90M42.65M
OtherGandA48.77M52.47M57.90M42.65M
GrossProfit183.14M244.27M199.31M230.72M
CostOfRevenue68.64M87.23M95.16M97.17M
TotalRevenue251.78M331.50M294.48M327.89M
OperatingRevenue251.78M331.50M294.48M327.89M
Line Item2025-09-302024-09-302023-09-302022-09-30
OrdinarySharesNumber43.37M41.92M40.42M39.43M
ShareIssued43.37M41.92M40.42M39.43M
NetDebt115.68M160.42M174.80M175.53M
TotalDebt217.12M295.24M289.33M286.82M
TangibleBookValue-148.33M-157.47M-209.34M-187.55M
InvestedCapital350.37M423.00M970.83M983.32M
WorkingCapital89.57M48.70M77.63M80.49M
NetTangibleAssets-148.33M-157.47M-209.34M-187.55M
CapitalLeaseObligations17.43M13.33M13.38M16.45M
CommonStockEquity150.68M141.10M694.88M712.95M
TotalCapitalization350.37M335.91M970.83M972.39M
TotalEquityGrossMinorityInterest150.68M141.10M694.88M712.95M
StockholdersEquity150.68M141.10M694.88M712.95M
GainsLossesNotAffectingRetainedEarnings-25.47M-25.91M-27.97M-33.74M
OtherEquityAdjustments-25.47M-25.91M-27.97M-33.74M
RetainedEarnings-940.45M-921.74M-333.66M-283.25M
AdditionalPaidInCapital1.12B1.09B1.06B1.03B
CapitalStock434.00K419.00K404.00K394.00K
CommonStock434.00K419.00K404.00K394.00K
TotalLiabilitiesNetMinorityInterest479.92M561.26M602.72M605.54M
TotalNonCurrentLiabilitiesNetMinorityInterest378.73M344.45M454.62M458.51M
OtherNonCurrentLiabilities25.93M26.48M25.19M21.73M
NonCurrentDeferredLiabilities140.02M114.35M145.53M165.97M
NonCurrentDeferredRevenue140.02M114.35M145.53M165.97M
LongTermDebtAndCapitalLeaseObligation212.78M203.62M283.90M270.81M
LongTermCapitalLeaseObligation13.08M8.80M7.95M11.38M
LongTermDebt199.69M194.81M275.95M259.44M
CurrentLiabilities101.19M216.81M148.09M147.03M
OtherCurrentLiabilities6.14M10.23M11.17M17.99M
CurrentDeferredLiabilities51.87M52.82M77.07M72.66M
CurrentDeferredRevenue51.87M52.82M77.07M72.66M
CurrentDebtAndCapitalLeaseObligation4.34M91.62M5.43M16.01M
CurrentCapitalLeaseObligation4.34M4.53M5.43M5.07M
CurrentDebt87.09M10.94M6.25M
OtherCurrentBorrowings87.09M10.94M6.25M
PensionandOtherPostRetirementBenefitPlansCurrent30.72M18.75M25.00M19.71M
PayablesAndAccruedExpenses8.12M43.38M29.42M20.66M
CurrentAccruedExpenses5.45M35.75M5.17M5.69M
InterestPayable788.00K1.74M1.78M1.83M
Payables2.68M7.63M24.26M14.97M
TotalTaxPayable1.78M3.67M7.38M4.60M
AccountsPayable901.00K3.96M16.87M10.37M
TotalAssets630.59M702.36M1.30B1.32B
TotalNonCurrentAssets439.83M436.85M1.07B1.09B
OtherNonCurrentAssets18.60M22.36M44.16M52.04M
NonCurrentDeferredAssets69.71M69.45M66.90M74.44M
NonCurrentDeferredTaxesAssets54.21M51.40M46.60M51.99M
InvestmentsAndAdvances0.003.45M10.61M11.58M
InvestmentinFinancialAssets0.003.45M10.61M11.58M
AvailableForSaleSecurities3.45M10.61M11.58M7.34M
GoodwillAndOtherIntangibleAssets299.00M298.56M904.22M900.50M
OtherIntangibleAssets1.71M3.88M9.70M25.35M
Goodwill299.00M296.86M900.34M890.80M
NetPPE52.52M43.02M45.97M52.41M
AccumulatedDepreciation-64.05M-67.53M-60.37M-51.75M
GrossPPE116.58M110.55M106.34M104.16M
Leases5.61M9.46M10.38M10.11M
ConstructionInProgress8.22M1.09M2.30M0.00
OtherProperties20.19M16.31M15.39M18.13M
MachineryFurnitureEquipment82.56M83.69M78.28M75.92M
Properties0.000.000.000.00
CurrentAssets190.76M265.51M225.73M227.52M
OtherCurrentAssets39.89M70.48M47.16M60.18M
CurrentDeferredAssets4.48M5.29M6.93M7.10M
PrepaidAssets60.18M76.53M
Receivables58.94M62.76M61.27M45.07M
ReceivablesAdjustmentsAllowances-395.00K
AccountsReceivable58.94M62.76M61.27M45.07M
AllowanceForDoubtfulAccountsReceivable-68.00K-1.61M-4.04M-157.00K
GrossAccountsReceivable59.01M64.37M65.31M45.23M
CashCashEquivalentsAndShortTermInvestments87.45M126.99M110.36M115.16M
OtherShortTermInvestments3.43M5.50M9.21M20.32M
CashAndCashEquivalents84.02M121.48M101.15M94.85M
Line Item2025-09-302024-09-302023-09-302022-09-30
FreeCashFlow46.82M12.20M2.37M-19.58M
RepurchaseOfCapitalStock-4.89M-49.00M-45.77M
RepaymentOfDebt-87.50M-392.00K-223.59M-6.67M
IssuanceOfDebt0.000.00234.70M0.00
IssuanceOfCapitalStock2.88M10.90M5.62M36.06M
CapitalExpenditure-14.36M-5.00M-5.12M-17.45M
InterestPaidSupplementalData5.55M6.03M11.57M9.09M
IncomeTaxPaidSupplementalData6.71M10.18M11.19M12.27M
EndCashPosition84.02M121.48M101.15M94.85M
BeginningCashPosition121.48M101.15M94.85M128.43M
EffectOfExchangeRateChanges-1.09M-1.47M-1.68M-1.27M
ChangesInCash-36.38M21.80M7.98M-32.31M
FinancingCashFlow-87.00M225.00K-5.33M-19.61M
CashFlowFromContinuingFinancingActivities-87.00M225.00K-5.33M-19.61M
NetOtherFinancingCharges-419.00K-17.18M-520.00K
ProceedsFromStockOptionExercised-2.38M-9.87M-4.89M-49.00M
CashDividendsPaid0.000.00
NetCommonStockIssuance2.88M10.90M5.62M36.06M
CommonStockPayments-4.89M-49.00M-45.77M
CommonStockIssuance2.88M10.90M5.62M36.06M
NetIssuancePaymentsOfDebt-87.50M-392.00K11.11M-6.67M
NetShortTermDebtIssuance-87.09M0.000.000.00
ShortTermDebtPayments-87.09M0.00-24.70M0.00
ShortTermDebtIssuance0.000.0024.70M
NetLongTermDebtIssuance-411.00K-392.00K11.11M-6.67M
LongTermDebtPayments-411.00K-392.00K-198.89M-6.67M
LongTermDebtIssuance0.000.00210.00M0.00
InvestingCashFlow-10.55M4.38M5.82M-10.56M
CashFlowFromContinuingInvestingActivities-10.55M4.38M5.82M-10.56M
NetOtherInvestingChanges-1.71M-1.74M-1.35M2.02M
NetInvestmentPurchaseAndSale5.51M11.11M12.30M4.86M
SaleOfInvestment5.51M11.11M30.32M37.20M
PurchaseOfInvestment0.000.00-18.02M-32.34M
NetBusinessPurchaseAndSale0.00-584.00K-2.56M
PurchaseOfBusiness0.00-584.00K-2.56M
CapitalExpenditureReported-14.36M-5.00M-5.12M-17.45M
OperatingCashFlow61.17M17.20M7.50M-2.14M
CashFlowFromContinuingOperatingActivities61.17M17.20M7.50M-2.14M
ChangeInWorkingCapital36.53M-41.63M-1.74M-65.32M
ChangeInOtherWorkingCapital27.18M-56.24M-18.34M-23.65M
ChangeInPayablesAndAccruedExpense-21.39M15.32M5.37M-1.32M
ChangeInAccruedExpense-18.24M27.87M-408.00K-1.48M
ChangeInPayable-3.15M-12.55M5.77M157.00K
ChangeInAccountPayable-3.15M-12.55M5.77M157.00K
ChangeInPrepaidAssets32.14M-12.47M28.19M-33.76M
ChangeInReceivables-1.40M11.76M-16.96M-6.59M
ChangesInAccountReceivables-1.40M11.76M-16.96M-6.59M
OtherNonCashItems7.88M5.99M-474.00K5.67M
StockBasedCompensation27.35M23.67M40.77M28.08M
ProvisionandWriteOffofAssets220.00K3.54M3.63M-413.00K
AssetImpairmentCharge0.00609.17M0.00213.72M
DeferredTax241.00K-4.66M7.60M97.29M
DeferredIncomeTax241.00K-4.66M7.60M97.29M
DepreciationAmortizationDepletion10.55M10.63M16.04M23.94M
DepreciationAndAmortization10.55M10.63M16.04M23.94M
OperatingGainsLosses-2.89M-1.45M-2.06M5.73M
NetForeignCurrencyExchangeGainLoss-2.56M-1.45M-3.39M5.73M
NetIncomeFromContinuingOperations-18.71M-588.08M-56.25M-310.83M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for CRNC
Date User Asset Broker Type Position Size Entry Price Patterns