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1 Comment
Cerence Inc is currently in a long term uptrend where the price is trading 19.9% above its 200 day moving average.
From a valuation standpoint, the stock is 58.8% cheaper than other stocks from the Technology sector with a price to sales ratio of 10.4.
Cerence Inc's total revenue rose by 22.6% to $95M since the same quarter in the previous year.
Its net income has increased by 284.0% to $22M since the same quarter in the previous year.
Finally, its free cash flow grew by 44.4% to $8M since the same quarter in the previous year.
Based on the above factors, Cerence Inc gets an overall score of 5/5.
ISIN | US1567271093 |
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Industry | Software-Application |
Sector | Technology |
CurrencyCode | USD |
Exchange | NASDAQ |
Dividend Yield | 0.0% |
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Target Price | 32.56 |
PE Ratio | None |
Beta | 2.63 |
Market Cap | 1B |
Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market worldwide. The company offers edge software components; cloud-connected components and related toolkits and applications; and virtual assistant coexistence and professional services. It also provides conversational artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic modeling technology. Cerence Inc. is headquartered in Burlington, Massachusetts.
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