Is CRNC a buy Zacks?

See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.

Momentum Scorecard. More Info.

Zacks Rank Definition Annualized Return
1 Strong Buy 24.93%
2 Buy 18.44%
3 Hold 9.99%
4 Sell 5.61%

Similarly Who are Cerence competitors? Top Competitors of Cerence

Who uses Cerence? The company assumed control of previously Nuance-held contracts with approximately 60 automakers including BMW, Ford, and Toyota. Since becoming its own entity, Cerence signed new deals to install voice recognition and assistance technology in Fiat Chrysler and Mercedes-Benz vehicles.

Additionally, Where is Cerence based?

Cerence is a provider of AI-powered automotive assistants. It specializes in artificial intelligence and deep learning, voice recognition, gaze and touch technologies, and more.

Overview Suggest Edit.

Type Public
Founded 2019
HQ Burlington, MA, US Map
Website cerence.com
Employee Ratings 3.6 More

Does Nuance own Cerence?

BURLINGTON, Mass. , Oct. 01, 2019 (GLOBE NEWSWIRE) — Cerence Inc. (NASDAQ: CRNC) (“Cerence”), AI for a world in motion, announced that tomorrow, October 2, 2019 , marks its first day as an independent company following its successful, tax-free spin-off from Nuance Communications, Inc.

Why did Cerence stop nuance? Nuance executives decided last year to spin-off the automotive group as a separate company focused solely on the industry and that process culminated with Cerence trading as an independent company today on the NASDAQ with the ticker symbol CRNC.

 

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