CRNC Stock Summary and Trading Ideas (Cerence | NASDAQ:CRNC)

Cerence Inc is a United States-based software company. It is involved in developing mobility-based solutions for drivers and their cars. The customers include all automobile original equipment manufacturers, or OEMs, or their tier 1 suppliers. The company's revenue is generated by selling software licenses and cloud-connected services. Geographically, it derives a majority of its revenue from the United States and also has a presence in Other Americas; Germany; Other Europe, the Middle East, Africa; Japan, and Other Asia-Pacific.

Cerence trades on the NASDAQ stock market under the symbol CRNC.

As of November 2, 2026, CRNC stock price declined to $8.04 with 482,371 million shares trading.

CRNC has a beta of 2.68, meaning it tends to be more sensitive to market movements. CRNC has a correlation of 0.20 to the broad based SPY ETF.

CRNC has a market cap of $363.31 million. This is considered a Small Cap stock.

Last quarter Cerence reported $70 million in Revenue and $.03 earnings per share. This fell short of revenue expectation by $-108,840 and missed earnings estimates by -$.15.

In the last 3 years, CRNC traded as high as $27.50 and as low as $2.34.

The top ETF exchange traded funds that CRNC belongs to (by Net Assets): VTI, IWM, VGT, DFAT, VXF.

CRNC has underperformed the market in the last year with a price return of -25.1% while the SPY ETF gained +11.4%. CRNC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -5.6% and -10.9%, respectively, while the SPY returned +0.9% and -1.9%, respectively.

CRNC support price is $7.80 and resistance is $8.38 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CRNC shares will trade within this expected range on the day.