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 March 13, 2026, CRNC stock price declined to $7.02 with 914,062 million shares trading.

CRNC has a beta of 2.47, meaning it tends to be more sensitive to market movements. CRNC has a correlation of 0.24 to the broad based SPY ETF.

CRNC has a market cap of $315.47 million. This is considered a Small Cap stock.

Last quarter Cerence reported $115 million in Revenue and -$.12 earnings per share. This beat revenue expectation by $818,450 and missed earnings estimates by -$.25.

In the last 3 years, CRNC traded as high as $36.79 and as low as $2.34.

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

CRNC has underperformed the market in the last year with a price return of -24.9% while the SPY ETF gained +21.4%. CRNC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -39.0% and -11.3%, respectively, while the SPY returned -2.6% and -3.5%, respectively.

CRNC support price is $6.81 and resistance is $7.31 (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.