Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Cerence Inc. before investing.

In this article, we go over a few key elements for understanding Cerence Inc.’s stock price such as:

• Cerence Inc.’s current stock price and volume
• Why Cerence Inc.’s stock price changed recently
• Upgrades and downgrades for CRNC from analysts
• CRNC’s stock price momentum as measured by its relative strength

About Cerence Inc. (CRNC)

Before we jump into Cerence Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market in the United States, rest of the Americas, Germany, rest of Europe, the Middle East, Africa, Japan, and rest of the Asia-Pacific. The company offers edge software components, cloud-connected components, 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. was incorporated in 2020 and is headquartered in Burlington, Massachusetts.

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Cerence Inc.’s Stock Price as of Market Close

As of April 22, 2025, 12:45 PM, CST, Cerence Inc.’s stock price was $7.755.

Cerence Inc. is up 9.23% from its previous closing price of $7.100.

During the last market session, Cerence Inc.’s stock traded between $7.200 and $7.760. Currently, there are approximately 42.90 million shares outstanding for Cerence Inc..

Cerence Inc.’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.

Cerence Inc. Stock Price History

Cerence Inc.’s (CRNC) price is currently down 1.84% so far this month.

During the month of April, Cerence Inc.’s stock price has reached a high of $8.510 and a low of $5.940.

Over the last year, Cerence Inc. has hit prices as high as $27.500 and as low as $2.340. Year to date, Cerence Inc.’s stock is down 1.21%.

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What Caused Cerence Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of April 21, 2025,, no analysts have changed their rating of Cerence Inc.’s stock over the last month.

Additionally, you'll want to evaluate Cerence Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Cerence Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Cerence Inc.’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Cerence Inc. (CRNC) by visiting AAII Stock Evaluator.

Relative Price Strength of Cerence Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 21, 2025, Cerence Inc. has a weighted four-quarter relative price strength of 33.68%, which translates to a Momentum Score of 97 and is considered to be Very Strong.

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Cerence Inc. Stock Price: Bottom Line

As of April 22, 2025, Cerence Inc.’s stock price is $7.755, which is up 9.23% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Cerence Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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