Metrics to compare | CRNC | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipCRNCPeersSector | |
|---|---|---|---|---|
P/E Ratio | −19.8x | −2.6x | 12.4x | |
PEG Ratio | −0.21 | 0.01 | 0.01 | |
Price/Book | 2.5x | 2.9x | 2.4x | |
Price / LTM Sales | 1.3x | 3.5x | 2.3x | |
Upside (Analyst Target) | 27.5% | 151.8% | 37.0% | |
Fair Value Upside | Unlock | −2.3% | 9.9% | Unlock |
Cerence Inc. provides AI-powered assistants for the mobility/transportation market in the United States, the rest of the Americas, Germany, the rest of Europe, the Middle East, Africa, Japan, and the rest of the Asia-Pacific. The company offers edge software components, cloud-connected components, virtual assistant, and professional services. It also provides conversational and generative artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic tuning. The company has a strategic partnership with Arm Kleidi; and SiMa.ai to advance the capabilities and performance of CaLLM Edge. Cerence Inc. was incorporated in 2020 and is headquartered in Burlington, Massachusetts.