CRNC
Cerence (CRNC)
NASDAQ
$10.09-$0.47 (-4.50%)
Price as of Jun 23, 2026 4:16 PM EDT
  • $477.2M
    Market Cap
  • 21.66%
    1-Year Change
  • Software - Application
    Industry

Key Performance

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  • Earnings Score: 52
  • Momentum Score: 73
  • True Yield: N/A
  • Financial Health Score: 76
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Latest Research & News

Cerence AI Files Complaint with the International Trade Commission Against Amazon

Cerence Inc. filed a complaint with the U.S. International Trade Commission and district court lawsuits against Amazon, alleging infringement of its conversational AI and voice technology patents in Amazon's smart devices including speakers, displays, and televisions. Cerence seeks a limited exclusion order to block importation of infringing products and is pursuing remedies to protect its intellectual property investments.

05/05/2026, 5:00 PM • GlobeNewswire

Cerence and Vivoka Expand Collaboration to Deliver Embedded Voice AI for Industrial Markets Worldwide

Cerence Inc. and Vivoka announced an expanded strategic partnership to deliver embedded voice AI solutions to industrial markets including logistics and field services. The joint solution combines Cerence's conversational AI with Vivoka's VDK 6 platform, reducing operational errors by up to 70% in challenging environments. The collaboration marks Cerence's expansion beyond automotive into industrial and enterprise verticals.

03/10/2026, 8:00 AM • GlobeNewswire

Cerence xUI, Leveraging NVIDIA AI Enterprise and Running on Microsoft Azure, Drives Strong Traction with Automakers

Cerence Inc. announced strong customer adoption of its Cerence xUI platform, an AI-powered in-car assistant optimized with NVIDIA AI Enterprise and running on Microsoft Azure. Multiple premium global automakers have selected xUI to power next-generation in-car assistants beginning in 2026. The collaboration leverages NVIDIA's NIM microservices and NeMO framework to deliver improved performance and lower latency. Additionally, Geely Auto selected Cerence xUI for its next-generation LLM-powered in-car experience.

01/05/2026, 6:00 PM • GlobeNewswire

Geely Auto Selects Cerence xUI to Power its Next-Gen, LLM-Powered In-Car AI Experience

Cerence Inc. announced a collaboration with Geely Auto to deploy Cerence xUI, a hybrid agentic AI platform, for enhanced in-vehicle voice interaction in overseas markets. The technology will debut in the Geely Galaxy M9 in April 2026, featuring multi-intent recognition, natural dialogue, and multi-seat interactions. The partnership demonstrates Cerence's leadership in LLM-based automotive AI solutions.

01/05/2026, 8:00 AM • GlobeNewswire

Cerence Announces Repurchase of $30 Million of 1.50% Convertible Senior Notes Due 2028

Cerence Inc. announced the repurchase of $30 million in principal amount of its 1.50% Convertible Senior Notes Due 2028 at 92% of par value. The company plans to use this strategic move to reduce interest expense, eliminate refinancing dilution, and lower leverage. With $180 million in Notes remaining until 2028 maturity, Cerence will continue evaluating market conditions for potential additional repurchases.

12/24/2025, 8:00 AM • GlobeNewswire

Why Cerence Stock Soared Today

Cerence reported strong Q4 fiscal results with 11% revenue growth, secured a $49.5 million legal settlement from Samsung, and expects 8% growth in its core technology business in the coming year.

11/20/2025, 5:37 PM • The Motley Fool

Cerence xUI Selected as AutoTech AI Solution of the Year by AutoTech Breakthrough

Cerence Inc. was awarded AutoTech AI Solution of the Year for its hybrid, agentic AI platform xUI, which offers multi-modal capabilities and seamlessly integrates third-party models for advanced in-car AI assistants.

10/16/2025, 8:00 AM • GlobeNewswire

Cerence Announces Equity Grant to Employee Under Inducement Plan Pursuant to Nasdaq Listing Rule 5635(c)(4)

Cerence Inc. granted 63,397 time-based restricted stock units to Raja Bose upon his appointment as Vice President of Global Product Management, with vesting over three years.

10/10/2025, 4:30 PM • GlobeNewswire

Is SoundHound AI Stock a Buy Now?

SoundHound AI experienced significant revenue growth of 217% in Q2, but faces challenges with profitability and high stock valuation. The company has diversified its business beyond automotive and aims to achieve profitability by end of 2025.

09/07/2025, 10:15 AM • The Motley Fool

Smarter, Faster, and More Human: Cerence AI and Volkswagen Advance Partnership to Deliver Next-Gen In-Car Conversations

Cerence AI and Volkswagen Group have enhanced the IDA in-car assistant to enable more natural, multi-turn conversations powered by Cerence Chat Pro, making in-car interactions more intelligent and human-like across Volkswagen Group brands.

08/25/2025, 8:00 AM • GlobeNewswire

Peers

Statistics

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Day Range
$10.34
$11.06
$10.56
1-Year Range
$5.96
$13.52
$10.56
Latest Close$10.56
Change
-$0.21 (-1.99%)
Volume1,198,231
Market Cap$477.2M
Shares Outstanding45.2M
P/E (TTM)-22.89
Diluted EPS (TTM)-$0.46
Enterprise Value$541.6M

Information as of 06/22/2026

Company Profile

$477.2M
Market Cap
-$19.6M
Net Income
Sector: Technology
Industry: Software - Application
25 Burlington Mall Road, Burlington, MA, United States, 01803
857 362 7300

Cerence Inc. provides AI-powered assistants for the mobility/transportation market in the United States, the rest of the Americas, Germany, the rest of Europe, the Middle East, Africa, Japan, and the rest of the Asia-Pacific. The company offers edge software components, cloud-connected components, virtual assistant, and professional services. It also provides conversational and generative artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic tuning. The company has a strategic partnership with Arm Kleidi; and SiMa.ai to advance the capabilities and performance of CaLLM Edge. Cerence Inc. was incorporated in 2020 and is headquartered in Burlington, Massachusetts.

Key Executives

  • Nils Schanz
  • Brian Matthew Krzanich
  • Christian Mentz
  • Antonio Rodriquez
  • Jennifer Salinas

Current Ownership Distribution

  • Institutions655.6M (51.80%)
  • Mutual Funds603.9M (47.72%)
  • Insiders6.0M (0.48%)
  • Other0 (0.00%)