Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market worldwide.
Cerence stock last closed at $15.50, up 7.42% from the previous day, and has decreased 40.2% in one year. It has underperformed other stocks in the Software - Application industry by 0.79 percentage points. Cerence stock is currently +12.08% from its 52-week low of $13.83, and -57.87% from its 52-week high of $36.79.
As of Mar 27, 2024, there are 41.67M shares of CRNC outstanding. The market value of CRNC is $645.96M. In the past 24 hours, 314,588 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.
A brokerage account enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.
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Step 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.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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
CRNC Price
$15.50
1w %
4.03%
1y %
-40.2%
5y %
N/A
P/E
-20.13x
P/B
0.88x
P/S
1.83x
PEG
N/A
Revenue
$349.15M
Earnings
-$30.24M
Fore. Rev. Growth
1.09%
Fore. Earn. Growth
N/A
Market Cap
$645.96M
Next Earnings
May 7, 2024
Next Dividend
N/A
Cerence Zen Score
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.
CRNC profit margin has gone up from -104.7% to -8.7% in the past year.
There are more short-term assets than short-term liabilities on the CRNC balance sheet.
Failed Health Checks:
CRNC earnings of $37.21M is not sufficient to cover its interest payments.
CRNC has a relatively high debt to equity ratio of 0.73.
CRNC's operating cash flow of $6.80M allows it to safely service it's debt of $291.16M.
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 analysts?
Out of 5 Equities analysts who give recommendations on CRNC, the consensus analyst rating on Cerence is a Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Cerence stock forecast page.
Metrics for Advanced CRNC Traders
SMA10
14.72
SMA20
14.65
SMA50
16.49
SMA100
17.16
SMA200
20.64
MACD
-0.32
MACD Signal
-0.5
MACD Histogram
0.18
RSI
53.85
Stochastic %K
54.62
Stochastic %D
48.02
StochRSI %K
74.56
StochRSI %D
73.6
CRNC Earnings
Last year, CRNC revenue was $349.15M. In the past four year, CRNC's revenue has gone up by 3.16% per year. This was slower than the Software - Application industry average of 27.46%.
No, Cerence doesn't provide an income stream by paying out dividends.
What do other traders have to say about CRNC?
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Step 5: Make your CRNC trade
There are two main order types:
Market order: A market order is an order to buy or sell a security at the best possible price. Market orders are mostly fine.
Limit order: A limit order enables you to buy or sell a stock at a specific price (or better). If you want to be certain you're buying or selling at a specific dollar amount limit, use a limit order.
Click the Open button and your broker will execute your order.
If you need additional help with buying stocks on eToro, watch the how to video below:
As of Mar 27, 2024, it costs $15.50 to buy one share of Cerence stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $7, you can buy 0.452 shares of CRNC.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information 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.