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Asset logo for symbol CRNC
Cerence
CRNC44
$8.93arrow_drop_up9.42%$0.76
Asset logo for symbol CRNC
CRNC44

$8.93

arrow_drop_up9.42%

Analyst Forecast

Period: Next 12 Months

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Analyst Ratings

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Cerence (CRNC) Stocklytics Forecast

Cerence Inc, CRNC is a leading provider of AI-powered voice assistants and natural language understanding technologies. The company's stock price has been on a steady upward trajectory, fueled by strong financial performance and a growing customer base. Analysts predict that CRNC will continue to experience significant growth in the coming years, making it an attractive investment opportunity.
According to machine learning predictions, the stock price of CRNC is expected to rise steadily over the next few years. These predictions are based on the analysis of historical data, market trends, and other relevant factors. The forecasted stock price for CRNC in 2023 is optimistic, indicating that the company has a bright future ahead.
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Frequently Asked Questions

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What is the analyst price prediction for Cerence (CRNC) stock?

Analysts have set a target price of $23.98 for Cerence (CRNC), based on forecasts from 27 analysts. The predicted price range extends from a high of $42 to a low of $6. This represents a potential increase of up to 370.32% and a decrease of -32.81% from the current price of $8.93. These forecasts are as of 2022 Aug 10.
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What are the analyst ratings for Cerence (CRNC) stock?

The analyst ratings for Cerence (CRNC) are distributed as follows: 1 analysts recommend buying, 6 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 7 analysts leans towards a neutral rating. These ratings indicate the general sentiment among the analysts covering Cerence .
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What is the AI price prediction for Cerence (CRNC) stock?

At present, there is no AI or machine-learning-based price prediction available for Cerence (CRNC) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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