Symbols / CRNC $7.60 +4.76% Cerence Inc.

Technology • Software - Application • United States • NMS
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 341.91M
Enterprise Value 420.13M Income 335.00K Sales 315.96M
Book/sh 3.34 Cash/sh 2.10 Dividend Yield
Payout 0.00% Employees 1300 IPO
P/E 379.75 Forward P/E 10.09 PEG
P/S 1.08 P/B 2.27 P/C
EV/EBITDA 6.63 EV/Sales 1.33 Quick Ratio 1.47
Current Ratio 1.88 Debt/Eq 125.25 LT Debt/Eq
EPS (ttm) 0.02 EPS next Y 0.75 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 13.54% Short Ratio 7.64
Short Interest 52W High 13.74 52W Low 5.85
Beta 2.73 Avg Volume 944.01K Volume 338.22K
Target Price $10.25 Recom Hold Prev Close $7.25
Price $7.59 Change 4.76%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$10.25
Mean price target
2. Current target
$7.60
Latest analyst target
3. DCF / Fair value
$22.84
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$7.60
Low
$8.00
High
$12.00
Mean
$10.25

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-02 init Cantor Fitzgerald — → Overweight $11
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
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-02-12 BUDNIK MARIANNE Director 12,968 $7.94 $102,966
2026-02-12 KLEVORN MARCY S Director 12,968 $7.94 $102,966
2026-02-12 DAVIS DOUGLAS LEE Director 12,968 $7.94 $102,966
2026-02-12 MATUS KRISTI ANN Director 12,968 $7.94 $102,966
2026-02-12 HARRIS MARION Director 12,968 $7.94 $102,966
2026-01-09 KRZANICH BRIAN M Chief Executive Officer 263,338 $12.35 $3,252,224
2026-01-09 RODRIQUEZ ANTONIO Chief Financial Officer 131,694 $12.35 $1,626,421
2026-01-09 SALINAS JENNIFER Officer 131,694 $12.35 $1,626,421
2026-01-09 SCHANZ NILS Officer 87,796 $12.35 $1,084,281
2026-01-09 MENTZ CHRISTIAN Officer 131,694 $12.35 $1,626,421
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Total Revenue
251.78
-24.05%
331.50
+12.57%
294.48
-10.19%
327.89
Operating Revenue
251.78
-24.05%
331.50
+12.57%
294.48
-10.19%
327.89
Cost Of Revenue
68.64
-21.31%
87.23
-8.33%
95.16
-2.06%
97.17
Reconciled Cost Of Revenue
59.76
-24.16%
78.81
-7.27%
84.98
+0.28%
84.75
Gross Profit
183.14
-25.03%
244.27
+22.56%
199.31
-13.61%
230.72
Operating Expense
170.01
-14.12%
197.96
-7.75%
214.59
+11.55%
192.38
Research And Development
97.76
-19.58%
121.56
-1.44%
123.33
+15.14%
107.12
Selling General And Administration
70.58
-4.86%
74.19
-13.13%
85.41
+15.80%
73.75
Selling And Marketing Expense
21.82
+0.41%
21.73
-21.01%
27.50
-11.56%
31.10
General And Administrative Expense
48.77
-7.05%
52.47
-9.39%
57.90
+35.75%
42.65
Other Gand A
48.77
-7.05%
52.47
-9.39%
57.90
+35.75%
42.65
Total Expenses
238.65
-16.32%
285.19
-7.93%
309.76
+6.98%
289.55
Operating Income
13.13
-71.66%
46.31
+403.06%
-15.28
-139.86%
38.34
Total Operating Income As Reported
-2.29
+99.60%
-579.94
-2032.20%
-27.20
+85.25%
-184.34
EBITDA
11.95
+102.13%
-561.43
-9957.81%
-5.58
+96.52%
-160.42
Normalized EBITDA
27.37
-57.78%
64.82
+923.24%
6.33
-89.83%
62.27
Reconciled Depreciation
10.55
-0.76%
10.63
-33.72%
16.04
-33.00%
23.94
EBIT
1.40
+100.25%
-572.06
-2545.96%
-21.62
+88.27%
-184.36
Total Unusual Items
-15.42
+97.54%
-626.25
-5155.09%
-11.92
+94.65%
-222.69
Total Unusual Items Excluding Goodwill
-15.42
+97.54%
-626.25
-5155.09%
-11.92
+94.65%
-222.69
Special Income Charges
-15.42
+97.54%
-626.25
-5155.09%
-11.92
+94.65%
-222.69
Impairment Of Capital Assets
0.00
-100.00%
609.17
0.00
-100.00%
213.72
Restructuring And Mergern Acquisition
15.42
-9.71%
17.08
+43.30%
11.92
+32.93%
8.96
Net Income
-18.71
+96.82%
-588.08
-945.40%
-56.25
+81.90%
-310.83
Pretax Income
-8.82
+98.49%
-584.61
-1506.56%
-36.39
+81.69%
-198.75
Net Non Operating Interest Income Expense
-6.37
+11.53%
-7.20
+30.08%
-10.30
+23.07%
-13.39
Interest Expense Non Operating
10.22
-18.56%
12.55
-15.00%
14.77
+2.61%
14.39
Net Interest Income
-6.37
+11.53%
-7.20
+30.08%
-10.30
+23.07%
-13.39
Interest Expense
10.22
-18.56%
12.55
-15.00%
14.77
+2.61%
14.39
Interest Income Non Operating
3.85
-28.02%
5.35
+19.73%
4.47
+343.99%
1.01
Interest Income
3.85
-28.02%
5.35
+19.73%
4.47
+343.99%
1.01
Other Income Expense
-15.58
+97.50%
-623.72
-5670.40%
-10.81
+95.17%
-223.70
Other Non Operating Income Expenses
-0.16
-106.33%
2.53
+127.98%
1.11
+208.73%
-1.02
Tax Provision
9.89
+185.27%
3.47
-82.54%
19.86
-82.28%
112.08
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-3.24
+97.54%
-131.51
-5155.09%
-2.50
+94.65%
-46.76
Net Income Including Noncontrolling Interests
-18.71
+96.82%
-588.08
-945.40%
-56.25
+81.90%
-310.83
Net Income From Continuing Operation Net Minority Interest
-18.71
+96.82%
-588.08
-945.40%
-56.25
+81.90%
-310.83
Net Income From Continuing And Discontinued Operation
-18.71
+96.82%
-588.08
-945.40%
-56.25
+81.90%
-310.83
Net Income Continuous Operations
-18.71
+96.82%
-588.08
-945.40%
-56.25
+81.90%
-310.83
Normalized Income
-6.53
+93.00%
-93.34
-99.28%
-46.84
+65.28%
-134.90
Net Income Common Stockholders
-18.71
+96.82%
-588.08
-945.40%
-56.25
+81.90%
-310.83
Diluted EPS
-0.43
+96.95%
-14.12
-908.57%
-1.40
+82.35%
-7.93
Basic EPS
-0.43
+96.95%
-14.12
-908.57%
-1.40
+82.35%
-7.93
Basic Average Shares
43.18
+3.69%
41.64
+3.55%
40.22
+2.62%
39.19
Diluted Average Shares
43.18
+3.69%
41.64
+3.55%
40.22
+2.62%
39.19
Diluted NI Availto Com Stockholders
-18.71
+96.82%
-588.08
-945.40%
-56.25
+81.90%
-310.83
Amortization
1.67
-24.29%
2.20
-62.37%
5.85
-49.17%
11.52
Amortization Of Intangibles Income Statement
1.67
-24.29%
2.20
-62.37%
5.85
-49.17%
11.52
Depreciation Amortization Depletion Income Statement
1.67
-24.29%
2.20
-62.37%
5.85
-49.17%
11.52
Depreciation And Amortization In Income Statement
1.67
-24.29%
2.20
-62.37%
5.85
-49.17%
11.52
Line Item Trend 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Total Assets
630.59
-10.22%
702.36
-45.87%
1,297.59
-1.59%
1,318.49
Current Assets
190.76
-28.15%
265.51
+17.62%
225.73
-0.79%
227.52
Cash Cash Equivalents And Short Term Investments
87.45
-31.13%
126.99
+15.06%
110.36
-4.17%
115.16
Cash And Cash Equivalents
84.02
-30.84%
121.48
+20.10%
101.15
+6.65%
94.85
Other Short Term Investments
3.43
-37.60%
5.50
-40.27%
9.21
-54.66%
20.32
Receivables
58.94
-6.08%
62.76
+2.42%
61.27
+35.94%
45.07
Accounts Receivable
58.94
-6.08%
62.76
+2.42%
61.27
+35.94%
45.07
Gross Accounts Receivable
59.01
-8.33%
64.37
-1.45%
65.31
+44.40%
45.23
Allowance For Doubtful Accounts Receivable
-0.07
+95.78%
-1.61
+60.11%
-4.04
-2475.80%
-0.16
Receivables Adjustments Allowances
Prepaid Assets
60.18
Current Deferred Assets
4.48
-15.23%
5.29
-23.78%
6.93
-2.30%
7.10
Other Current Assets
39.89
-43.40%
70.48
+49.46%
47.16
-21.65%
60.18
Total Non Current Assets
439.83
+0.68%
436.85
-59.24%
1,071.86
-1.75%
1,090.97
Net PPE
52.52
+22.10%
43.02
-6.43%
45.97
-12.28%
52.41
Gross PPE
116.58
+5.46%
110.55
+3.95%
106.34
+2.10%
104.16
Accumulated Depreciation
-64.05
+5.14%
-67.53
-11.86%
-60.37
-16.65%
-51.75
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
82.56
-1.35%
83.69
+6.92%
78.28
+3.11%
75.92
Construction In Progress
8.22
+653.94%
1.09
-52.53%
2.30
0.00
Other Properties
20.19
+23.79%
16.31
+5.97%
15.39
-15.11%
18.13
Leases
5.61
-40.68%
9.46
-8.87%
10.38
+2.65%
10.11
Goodwill And Other Intangible Assets
299.00
+0.15%
298.56
-66.98%
904.22
+0.41%
900.50
Goodwill
299.00
+0.72%
296.86
-67.03%
900.34
+1.07%
890.80
Other Intangible Assets
1.71
-55.97%
3.88
-60.05%
9.70
Investments And Advances
0.00
-100.00%
3.45
-67.45%
10.61
-8.43%
11.58
Non Current Deferred Assets
69.71
+0.37%
69.45
+3.81%
66.90
-10.13%
74.44
Non Current Deferred Taxes Assets
54.21
+5.47%
51.40
+10.29%
46.60
-10.36%
51.99
Other Non Current Assets
18.60
-16.83%
22.36
-49.36%
44.16
-15.13%
52.04
Total Liabilities Net Minority Interest
479.92
-14.49%
561.26
-6.88%
602.72
-0.47%
605.54
Current Liabilities
101.19
-53.33%
216.81
+46.40%
148.09
+0.72%
147.03
Payables And Accrued Expenses
8.12
-81.27%
43.38
+47.42%
29.42
+42.39%
20.66
Payables
2.68
-64.89%
7.63
-68.56%
24.26
+62.04%
14.97
Accounts Payable
0.90
-77.24%
3.96
-76.54%
16.87
+62.68%
10.37
Current Accrued Expenses
5.45
-84.77%
35.75
+591.89%
5.17
-9.26%
5.69
Pensionand Other Post Retirement Benefit Plans Current
30.72
+63.79%
18.75
-24.97%
25.00
+26.82%
19.71
Total Tax Payable
1.78
-51.55%
3.67
-50.33%
7.38
+60.59%
4.60
Current Debt And Capital Lease Obligation
4.34
-95.26%
91.62
+1586.09%
5.43
-66.06%
16.01
Current Debt
87.09
10.94
Other Current Borrowings
87.09
10.94
Current Capital Lease Obligation
4.34
-4.06%
4.53
-16.67%
5.43
+7.16%
5.07
Current Deferred Liabilities
51.87
-1.81%
52.82
-31.46%
77.07
+6.06%
72.66
Current Deferred Revenue
51.87
-1.81%
52.82
-31.46%
77.07
+6.06%
72.66
Other Current Liabilities
6.14
-40.00%
10.23
-8.40%
11.17
-37.90%
17.99
Total Non Current Liabilities Net Minority Interest
378.73
+9.95%
344.45
-24.23%
454.62
-0.85%
458.51
Long Term Debt And Capital Lease Obligation
212.78
+4.50%
203.62
-28.28%
283.90
+4.83%
270.81
Long Term Debt
199.69
+2.51%
194.81
-29.40%
275.95
+6.37%
259.44
Long Term Capital Lease Obligation
13.08
+48.62%
8.80
+10.77%
7.95
-30.14%
11.38
Non Current Deferred Liabilities
140.02
+22.45%
114.35
-21.42%
145.53
-12.32%
165.97
Non Current Deferred Revenue
140.02
+22.45%
114.35
-21.42%
145.53
-12.32%
165.97
Other Non Current Liabilities
25.93
-2.10%
26.48
+5.12%
25.19
+15.95%
21.73
Stockholders Equity
150.68
+6.79%
141.10
-79.69%
694.88
-2.54%
712.95
Common Stock Equity
150.68
+6.79%
141.10
-79.69%
694.88
-2.54%
712.95
Capital Stock
0.43
+3.58%
0.42
+3.71%
0.40
+2.54%
0.39
Common Stock
0.43
+3.58%
0.42
+3.71%
0.40
+2.54%
0.39
Share Issued
43.37
+3.46%
41.92
+3.71%
40.42
+2.52%
39.43
Ordinary Shares Number
43.37
+3.46%
41.92
+3.71%
40.42
+2.52%
39.43
Additional Paid In Capital
1,116.16
+2.56%
1,088.33
+3.05%
1,056.10
+2.58%
1,029.54
Retained Earnings
-940.45
-2.03%
-921.74
-176.25%
-333.66
-17.80%
-283.25
Gains Losses Not Affecting Retained Earnings
-25.47
+1.71%
-25.91
+7.34%
-27.97
+17.11%
-33.74
Other Equity Adjustments
-25.47
+1.71%
-25.91
+7.34%
-27.97
+17.11%
-33.74
Total Equity Gross Minority Interest
150.68
+6.79%
141.10
-79.69%
694.88
-2.54%
712.95
Total Capitalization
350.37
+4.30%
335.91
-65.40%
970.83
-0.16%
972.39
Working Capital
89.57
+83.91%
48.70
-37.27%
77.63
-3.54%
80.49
Invested Capital
350.37
-17.17%
423.00
-56.43%
970.83
-1.27%
983.32
Total Debt
217.12
-26.46%
295.24
+2.04%
289.33
+0.88%
286.82
Net Debt
115.68
-27.89%
160.42
-8.22%
174.80
-0.42%
175.53
Capital Lease Obligations
17.43
+30.73%
13.33
-0.37%
13.38
-18.64%
16.45
Net Tangible Assets
-148.33
+5.80%
-157.47
+24.78%
-209.34
-11.62%
-187.55
Tangible Book Value
-148.33
+5.80%
-157.47
+24.78%
-209.34
-11.62%
-187.55
Available For Sale Securities
3.45
-67.45%
10.61
-8.43%
11.58
Interest Payable
0.79
-54.58%
1.74
-2.58%
1.78
-2.57%
1.83
Investmentin Financial Assets
0.00
-100.00%
3.45
-67.45%
10.61
-8.43%
11.58
Line Item Trend 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Operating Cash Flow
61.17
+255.74%
17.20
+129.34%
7.50
+450.70%
-2.14
Cash Flow From Continuing Operating Activities
61.17
+255.74%
17.20
+129.34%
7.50
+450.70%
-2.14
Net Income From Continuing Operations
-18.71
+96.82%
-588.08
-945.40%
-56.25
+81.90%
-310.83
Depreciation Amortization Depletion
10.55
-0.76%
10.63
-33.72%
16.04
-33.00%
23.94
Depreciation And Amortization
10.55
-0.76%
10.63
-33.72%
16.04
-33.00%
23.94
Other Non Cash Items
7.88
+31.51%
5.99
+1364.14%
-0.47
-108.37%
5.67
Stock Based Compensation
27.35
+15.54%
23.67
-41.93%
40.77
+45.20%
28.08
Provisionand Write Offof Assets
0.22
-93.79%
3.54
-2.23%
3.63
+977.97%
-0.41
Asset Impairment Charge
0.00
-100.00%
609.17
0.00
-100.00%
213.72
Deferred Tax
0.24
+105.17%
-4.66
-161.31%
7.60
-92.19%
97.29
Deferred Income Tax
0.24
+105.17%
-4.66
-161.31%
7.60
-92.19%
97.29
Operating Gains Losses
-2.89
-98.62%
-1.45
+29.42%
-2.06
-135.95%
5.73
Net Foreign Currency Exchange Gain Loss
-2.56
-76.13%
-1.45
+57.15%
-3.39
-159.21%
5.73
Change In Working Capital
36.53
+187.77%
-41.63
-2290.92%
-1.74
+97.33%
-65.32
Change In Receivables
-1.40
-111.89%
11.76
+169.32%
-16.96
-157.42%
-6.59
Changes In Account Receivables
-1.40
-111.89%
11.76
+169.32%
-16.96
-157.42%
-6.59
Change In Prepaid Assets
32.14
+357.80%
-12.47
-144.22%
28.19
+183.52%
-33.76
Change In Payables And Accrued Expense
-21.39
-239.61%
15.32
+185.48%
5.37
+505.90%
-1.32
Change In Accrued Expense
-18.24
-165.43%
27.87
+6931.86%
-0.41
+72.41%
-1.48
Change In Payable
-3.15
+74.91%
-12.55
-317.44%
5.77
+3577.71%
0.16
Change In Account Payable
-3.15
+74.91%
-12.55
-317.44%
5.77
+3577.71%
0.16
Change In Other Working Capital
27.18
+148.33%
-56.24
-206.73%
-18.34
+22.47%
-23.65
Investing Cash Flow
-10.55
-341.01%
4.38
-24.76%
5.82
+155.09%
-10.56
Cash Flow From Continuing Investing Activities
-10.55
-341.01%
4.38
-24.76%
5.82
+155.09%
-10.56
Capital Expenditure
-14.36
-187.35%
-5.00
+2.50%
-5.12
+70.63%
-17.45
Capital Expenditure Reported
-14.36
-187.35%
-5.00
+2.50%
-5.12
+70.63%
-17.45
Net Investment Purchase And Sale
5.51
-50.40%
11.11
-9.65%
12.30
+152.96%
4.86
Purchase Of Investment
0.00
0.00
+100.00%
-18.02
+44.27%
-32.34
Sale Of Investment
5.51
-50.40%
11.11
-63.36%
30.32
-18.49%
37.20
Net Business Purchase And Sale
0.00
+100.00%
-0.58
Purchase Of Business
0.00
+100.00%
-0.58
Net Other Investing Changes
-1.71
+1.55%
-1.74
-28.19%
-1.35
-167.11%
2.02
Financing Cash Flow
-87.00
-38767.11%
0.23
+104.22%
-5.33
+72.79%
-19.61
Cash Flow From Continuing Financing Activities
-87.00
-38767.11%
0.23
+104.22%
-5.33
+72.79%
-19.61
Net Issuance Payments Of Debt
-87.50
-22221.43%
-0.39
-103.53%
11.11
+266.71%
-6.67
Issuance Of Debt
0.00
0.00
-100.00%
234.70
0.00
Repayment Of Debt
-87.50
-22221.43%
-0.39
+99.82%
-223.59
-3254.67%
-6.67
Long Term Debt Issuance
0.00
0.00
-100.00%
210.00
0.00
Long Term Debt Payments
-0.41
-4.85%
-0.39
+99.80%
-198.89
-2884.08%
-6.67
Net Long Term Debt Issuance
-0.41
-4.85%
-0.39
-103.53%
11.11
+266.71%
-6.67
Short Term Debt Issuance
0.00
0.00
-100.00%
24.70
Short Term Debt Payments
-87.09
0.00
+100.00%
-24.70
0.00
Net Short Term Debt Issuance
-87.09
0.00
0.00
0.00
Net Common Stock Issuance
2.88
-73.59%
10.90
+93.80%
5.62
-84.40%
36.06
Common Stock Payments
-4.89
+90.01%
-49.00
Cash Dividends Paid
0.00
Repurchase Of Capital Stock
-4.89
+90.01%
-49.00
Proceeds From Stock Option Exercised
-2.38
+75.87%
-9.87
-101.57%
-4.89
+90.01%
-49.00
Net Other Financing Charges
-0.42
+97.56%
-17.18
Changes In Cash
-36.38
-266.89%
21.80
+173.05%
7.98
+124.71%
-32.31
Effect Of Exchange Rate Changes
-1.09
+26.07%
-1.47
+12.40%
-1.68
-31.84%
-1.27
Beginning Cash Position
121.48
+20.10%
101.15
+6.65%
94.85
-26.15%
128.43
End Cash Position
84.02
-30.84%
121.48
+20.10%
101.15
+6.65%
94.85
Free Cash Flow
46.82
+283.75%
12.20
+413.90%
2.37
+112.12%
-19.58
Interest Paid Supplemental Data
5.55
-7.85%
6.03
-47.90%
11.57
+27.31%
9.09
Income Tax Paid Supplemental Data
6.71
-34.13%
10.18
-8.99%
11.19
-8.86%
12.27
Common Stock Issuance
2.88
-73.59%
10.90
+93.80%
5.62
-84.40%
36.06
Issuance Of Capital Stock
2.88
-73.59%
10.90
+93.80%
5.62
-84.40%
36.06
SEC Filings

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

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