Cerence Inc
NASDAQ:CRNC

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Cerence Inc
NASDAQ:CRNC
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Price: 8.445 USD -4.14% Market Closed
Market Cap: $381.6m

Wall St Price Targets

CRNC Price Targets Summary
Cerence Inc

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

According to Wall Street analysts, the average 1-year price target for CRNC is 10.965 USD with a low forecast of 9.09 USD and a high forecast of 12.6 USD.

Lowest Forecast
Price Target
9.09 USD
8% Upside
Average Forecast
Price Target
10.965 USD
30% Upside
Highest Forecast
Price Target
12.6 USD
49% Upside
Cerence Inc Competitors:
Price Targets
FSBC
Five Star Bancorp
0% Upside

Revenue
Forecast

0% / Year
Past Growth
7% / Year
Estimated Growth
Estimates Accuracy
0%
Average Beat
0% / Year
Past Growth
7% / Year
Estimated Growth
Estimates Accuracy
0%
Average Beat

Over the last 8 years, the compound annual growth rate for Revenue has been 0%. The projected CAGR for the next 3 years is 7%.

Gross Profit
Forecast

0% / Year
Past Growth
12% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
0% / Year
Past Growth
12% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Over the last 8 years, the compound annual growth rate for Gross Profit has been 0%. The projected CAGR for the next 3 years is 12%.

Operating Income
Forecast

-18% / Year
Past Growth
43% / Year
Estimated Growth
Estimates Accuracy
-49%
Average Miss
-18% / Year
Past Growth
43% / Year
Estimated Growth
Estimates Accuracy
-49%
Average Miss

Over the last 8 years, the compound annual growth rate for Operating Income has been -18%. The projected CAGR for the next 3 years is 43%.

Pre-Tax Income
Forecast

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-64%
Average Miss
N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-64%
Average Miss

Net Income
Forecast

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average Beat/Miss
N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average Beat/Miss
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 you see on other sites is mostly sourced from sell-side analysts.

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

According to Wall Street analysts, the average 1-year price target for CRNC is 10.965 USD with a low forecast of 9.09 USD and a high forecast of 12.6 USD.

What is the Revenue forecast for Cerence Inc?
Projected CAGR
7%

Over the last 8 years, the compound annual growth rate for Revenue has been 0%. The projected CAGR for the next 3 years is 7%.

What is the Gross Profit forecast for Cerence Inc?
Projected CAGR
12%

Over the last 8 years, the compound annual growth rate for Gross Profit has been 0%. The projected CAGR for the next 3 years is 12%.

What is the Operating Income forecast for Cerence Inc?
Projected CAGR
43%

Over the last 8 years, the compound annual growth rate for Operating Income has been -18%. The projected CAGR for the next 3 years is 43%.

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