Cerence (CRNC) analyst forecast and price target
Analyst forecast
Consensus of 5 analyst ratings
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| Goldman Sachs | Maintained | Neutral | $9.00 from $8.00 | May 8, 2026 |
| Cantor Fitzgerald | Initiated Coverage | Overweight | $11.00 | Apr 2, 2026 |
| Goldman Sachs | Maintained | Neutral | $8.00 from $11.00 | Feb 9, 2026 |
| TD Cowen | Maintained | Hold | $12.00 from $13.00 | Feb 5, 2026 |
| Goldman Sachs | Maintained | Neutral | $11.00 from $10.00 | Nov 20, 2025 |
| Goldman Sachs | Maintained | Neutral | $10.00 from $9.00 | Aug 7, 2025 |
| Goldman Sachs | Maintained | Neutral | $9.00 from $8.00 | May 9, 2025 |
| Wells Fargo | Maintained | Equal-Weight | $10.00 from $12.00 | May 8, 2025 |
| Goldman Sachs | Maintained | Neutral | $8.00 from $14.00 | Apr 10, 2025 |
| Needham | Maintained | Buy | $16.00 | Mar 18, 2025 |
| Evercore ISI Group | Maintained | In-Line | $9.00 from $6.00 | Feb 18, 2025 |
| Needham | Maintained | Buy | $16.00 | Feb 7, 2025 |
| Needham | Upgraded | Hold → Buy | $16.00 | Jan 22, 2025 |
| Goldman Sachs | Maintained | Neutral | $14.00 from $8.00 | Jan 16, 2025 |
| Needham | Maintained | Hold | — | Nov 25, 2024 |
| Craig-Hallum | Maintained | Hold | $6.00 from $3.50 | Nov 22, 2024 |
| Needham | Maintained | Hold | — | Aug 9, 2024 |
| Wells Fargo | Maintained | Equal-Weight | $3.30 from $6.50 | Aug 9, 2024 |
| TD Cowen | Maintained | Buy | $10.00 from $12.00 | Aug 9, 2024 |
| Evercore ISI Group | Maintained | In-Line | $5.00 from $8.00 | Jul 15, 2024 |
Frequently asked questions
Is CRNC a buy, sell, or hold?
Analysts covering Cerence currently average a Hold rating: 1 buy, 4 hold and 0 sell, from 5 analysts. Ratings reflect analyst opinion, not investment advice.
What is the latest analyst rating on CRNC?
On May 8, 2026, Goldman Sachs maintained Cerence at Neutral with a price target of $9.00.
Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.