Cerence Inc
NASDAQ:CRNC

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Cerence Inc
NASDAQ:CRNC
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Price: 11.68 USD 2.82% Market Closed
Market Cap: $524.9m

Wall Street
Price Targets

CRNC Price Targets Summary
Cerence Inc

Wall Street analysts forecast CRNC stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CRNC is 11.56 USD with a low forecast of 10.1 USD and a high forecast of 13.65 USD.

Lowest
Price Target
10.1 USD
14% Downside
Average
Price Target
11.56 USD
1% Downside
Highest
Price Target
13.65 USD
17% Upside
Cerence Inc Competitors:
Price Targets
REYN
Reynolds Consumer Products Inc
18% Upside
LOB
Live Oak Bancshares Inc
13% Upside
ZM
Zoom Video Communications Inc
2% Upside
PZZA
Papa John's International Inc
37% Upside

Revenue
Forecast

0% / Year
Past Growth
4% / Year
Estimated Growth
Estimates Accuracy
0%
Average Beat
0% / Year
Past Growth
4% / Year
Estimated Growth
Estimates Accuracy
0%
Average Beat

For the last 8 years the compound annual growth rate for Cerence Inc's revenue is 0%. The projected CAGR for the next 3 years is 4%.

Operating Income
Forecast

-18% / Year
Past Growth
-27% / Year
Estimated Growth
Estimates Accuracy
-49%
Average Miss
-18% / Year
Past Growth
-27% / Year
Estimated Growth
Estimates Accuracy
-49%
Average Miss

For the last 8 years the compound annual growth rate for Cerence Inc's operating income is -18%. The projected CAGR for the next 3 years is -27%.

Net Income
Forecast

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average
N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is CRNC's stock price target?
Price Target
11.56 USD

According to Wall Street analysts, the average 1-year price target for CRNC is 11.56 USD with a low forecast of 10.1 USD and a high forecast of 13.65 USD.

What is Cerence Inc's Revenue forecast?
Projected CAGR
4%

For the last 8 years the compound annual growth rate for Cerence Inc's revenue is 0%. The projected CAGR for the next 3 years is 4%.

What is Cerence Inc's Operating Income forecast?
Projected CAGR
-27%

For the last 8 years the compound annual growth rate for Cerence Inc's operating income is -18%. The projected CAGR for the next 3 years is -27%.

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