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.
Research context
Cerence Inc appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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- Sector
- Technology
- Industry
- Software - Application
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5 years, 6 months ago
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.