CERENCE INC (CRNC)
US1567271093 - Common Stock
ChartMill assigns a Buy % Consensus number of 71% to CRNC. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 7.14. This target is -6.91% below the current price.
CRNC was analyzed by 14 analysts. The buy percentage consensus is at 71. So analysts seem to be have mildly positive about CRNC.
In the previous month the buy percentage consensus was at a similar level.
CRNC was analyzed by 14 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2024-11-25 | Needham | Reiterate | Hold |
| 2024-11-22 | Craig-Hallum | Maintains | Hold -> Hold |
| 2024-08-09 | TD Cowen | Maintains | Buy -> Buy |
| 2024-08-09 | Needham | Reiterate | Hold |
| 2024-08-09 | Wells Fargo | Maintains | Equal-Weight -> Equal-Weight |
| 2024-07-15 | Evercore ISI Group | Maintains | In-Line -> In-Line |
| 2024-07-12 | Baird | Maintains | Neutral -> Neutral |
| 2024-07-10 | Goldman Sachs | Maintains | Neutral -> Neutral |
| 2024-05-13 | Goldman Sachs | Maintains | Neutral -> Neutral |
| 2024-05-10 | Needham | Reiterate | Hold |
| 2024-05-10 | Wedbush | Maintains | Neutral -> Neutral |
| 2024-05-10 | Wells Fargo | Downgrade | Overweight -> Equal-Weight |
| 2024-05-10 | Baird | Maintains | Neutral -> Neutral |
| 2024-05-10 | Craig-Hallum | Maintains | Hold -> Hold |
| 2024-05-07 | Needham | Downgrade | Buy -> Hold |
| 2024-04-17 | Baird | Maintains | Neutral -> Neutral |
| 2024-03-15 | Needham | Reiterate | Buy -> Buy |
| 2024-02-07 | Wedbush | Maintains | Neutral -> Neutral |
| 2024-02-07 | Craig-Hallum | Downgrade | Buy -> Hold |
| 2023-11-29 | Goldman Sachs | Maintains | Neutral -> Neutral |
| 2023-11-28 | Needham | Maintains | Buy -> Buy |
| 2023-11-28 | Wedbush | Maintains | Neutral -> Neutral |
| 2023-11-28 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2023-11-28 | Craig-Hallum | Maintains | Buy -> Buy |
| 2023-05-11 | Wedbush | Maintains | Neutral -> Neutral |
| 2023-05-10 | Needham | Reiterate | Buy |
| 2023-03-03 | Needham | Reiterate | Buy |
| 2023-02-10 | Wedbush | Maintains | Neutral |
| 2023-02-09 | Needham | Maintains | Buy |
| 2023-02-09 | Wells Fargo | Maintains | Overweight |