How to Buy Cerence Stock
Cerence Inc
Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market worldwide.
Cerence stock last closed at $9.06, down 2.89% from the previous day, and has decreased 0.55% in one year. It has overperformed other stocks in the Software - Application industry by 0.04 percentage points. Cerence stock is currently +287.18% from its 52-week low of $2.34, and -67.05% from its 52-week high of $27.50.
As of Apr 30, 2025, there are 43.2M shares of CRNC outstanding. The market value of CRNC is $391.38M. In the past 24 hours, 603,727 CRNC shares were traded.
How to Buy Cerence Stock
Not sure how to invest in Cerence stock? Here's how.
- Decide where to buy Cerence stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Cerence stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your payment method and add your info.
- Analyze Cerence stock: The Cerence ticker symbol is CRNC. Is Cerence stock a good investment? Should you buy shares of CRNC? How do CRNC's underlying business fundamentals look? Do top analysts think Cerence is a good buy? Why has CRNC's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if CRNC is a good stock to buy).
- Make your CRNC trade: Decide if you will purchase CRNC shares at the current market price or use a limit order to buy CRNC shares at a specific price.
- Track your CRNC investment: Create a watchlist to watch your new investment in Cerence stock.
Step 1: Decide where to buy Cerence stock
You need a brokerage account in order to access the NASDAQ market and buy CRNC shares.
Our favorite brokerage: eToro
Based on our research, eToro is the best brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global financial markets: From Technology to Real Estate, New York to Shanghai (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal details so you are able to invest in CRNC stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open a new brokerage account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on the best stock trading app for beginners, your next step is to transfer the money for your investment:
Check out the tutorial below to see the process of depositing funds into your investment account.
Step 4: Analyze Cerence stock
Once you have selected the best place to buy Cerence stock, it's critical to analyze their stock prior to buying, so you actually wrap your head around the risk as well as the opportunity.
Cerence stock quick numbers
Cerence Due Diligence Score
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on CRNC's stock page.
Is CRNC stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CRNC's intrinsic value.
Using relative valuations measures:
- CRNC may be undervalued based on its P/B ratio of 3.24x, relative to Software - Application industry P/B ratio of 7.01x
You can do additional valuation research on CRNC's stock here.
How do CRNC Financials look?
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the CRNC balance sheet.
Failed Health Checks:
- CRNC earnings of -$648.72M is not sufficient to cover its interest payments.
- CRNC profit margin has gone down from -8.7% to -260.7% in the past year.
- CRNC's operating cash flow of $29.27M allows it to safely service it's debt of $270.06M.
- CRNC has a relatively high debt to equity ratio of 4.12.
- Total CRNC debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the CRNC balance sheet.
Is Cerence stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 4 Equities analysts who give recommendations on CRNC, the consensus analyst rating on CRNC is a Hold
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Cerence stock forecast page.
Metrics for Advanced CRNC Traders
Is CRNC Making Money?
Last year, CRNC revenue was $244.07M. In the last 5 year, CRNC's revenue has grown by -4.56% per year. This was slower than the Software - Application industry average of 21.74%.
Find out more about CRNC's earnings and revenue performance here.
Who is buying/selling CRNC?
In the past year, executives and large shareholders at CRNC have bought more shares than they have sold.
Marion Harris, Director of CRNC, was the latest CRNC insider to buy. They bought $142.10 worth of CRNC stock on Apr 1, 2025.
Learn more about who owns CRNC stock here.
Does CRNC stock generate passive income?
No, Cerence doesn't provide an income stream by paying out dividends.
CRNC Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your CRNC trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, use a limit order.
Press the Open Trade button and your broker will execute your order.
If you require additional help investing in stocks on eToro, click the helpful video below:
Step 6: Track your CRNC investment
Now that you own some CRNC stock, you'll want to stay up-to-date on your new company.
Make a watchlist to track the latest developments regarding your CRNC stock.
CRNC Feed
How to Buy Stock in Cerence
To reiterate, here are the 6 steps to buy Cerence stock:
- Decide where to buy Cerence stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Analyze Cerence stock
- Make your CRNC trade
- Track your CRNC investment
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to monitor your new investment in Cerence, create a watchlist on WallStreetZen today.
Other "How To" Guides You Might Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.