Needham analysts revised their stance on Cerence Inc . (NASDAQ:CRNC), moving from a neutral Hold to a positive Buy rating, and established a new price target of $16.00. The stock, currently trading at ...

The upside can be attributed to Cerence’s strong AI portfolio, expanding clientele and growing global presence in the automotive industry, all of which are supported by a solid network of partners.

Cerence Inc. is a $670 million AI company focused on automotive voice assistance, but its growth potential seems overstated. Despite the recent stock surge due to the Nvidia partnership ...

Despite Cerence having a dominant share of the auto industry for voice assistants, the company had a terrible 2024 due to decelerating revenue growth and shrinking profit margins. It also didn't ...

Cerence (CRNC) announced a multi-year agreement with JLR to develop the luxury automotive’s next-generation in-car experience. The companies will partner to leverage Cerence’s AI-enabled ...

The tech firm reported that " its cloud-based Cerence Automotive Large Language Model (CaLLM)" was being "powered" by Nvidia's AI Enterprise. Cerence described the latter system as "an end-to-end ...

including its cloud-based Cerence Automotive Large Language Model and its CaLLM Edge embedded small language model. Through this collaboration, CaLLM is powered by NVIDIA AI Enterprise ...

About Cerence Inc. Cerence Inc. (NASDAQ: CRNC) is a global industry leader in creating intuitive, seamless, AI-powered experiences across automotive and transportation. Leveraging decades of ...