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Date | Price Target | Rating | Analyst |
---|---|---|---|
3/7/2025 | $11.50 | Hold | TD Cowen |
1/22/2025 | $16.00 | Hold → Buy | Needham |
5/10/2024 | $25.00 → $6.50 | Overweight → Equal Weight | Wells Fargo |
5/7/2024 | Hold | Needham | |
2/7/2024 | $22.00 | Buy → Hold | Craig Hallum |
2/9/2023 | $24.00 → $40.00 | Hold → Buy | Craig Hallum |
8/10/2022 | $45.00 → $24.00 | Buy → Hold | Craig Hallum |
8/10/2022 | Outperform → Mkt Perform | Raymond James |
BURLINGTON, Mass., June 26, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, today announced that its core technologies are supporting new agentic and generative AI capabilities in the next-generation of MBUX, rolling out first in the all-new and all-electric Mercedes-Benz CLA. Building on Cerence AI and Mercedes-Benz's long-term collaboration, this first deployment of the fourth generation of MBUX, supporting advanced conversational capabilities within MBUX Virtual Assistant – as well as the first launch of the automaker's MB.OS – marks an important milestone in the companies' shared mission to deliv
BURLINGTON, Mass., May 28, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, today announced a strategic partnership with Arm in which Cerence AI will leverage Arm's comprehensive software library, Arm® Kleidi™, to advance the capabilities and performance of CaLLM™ Edge, its embedded small language model (SLM). As automakers race to bring AI-powered capabilities to their drivers, they are faced with several challenges, including building enough compute to handle the needs of intensive workloads like large language models (LLMs). Automakers and their partners need easy ways to optimize CPU performanc
BURLINGTON, Mass., May 15, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, today announced that the company will participate in two upcoming investor conferences. On Thursday, May 29, 2025, at 10:50 a.m. ET, Tony Rodriquez, the Company's CFO, will participate in a fireside chat at the TD Cowen 53rd Annual Technology, Media and Telecom Conference. On Tuesday, June 10, 2025, at 12:30 p.m. ET, Mr. Rodriquez will participate in a fireside chat at the Evercore ISI Global Automotive OEM, Dealer & Supplier Conference. Live webcasts of the events will be available on the Company's website at www.cerence.a