CRNC
CerenceANasdaq / Software & Services
Last Price
At close
2026-06-02
Current thesis
The Q2 beat and FY26 midpoint raise suggest the business is still executing, while xUI entering production gives the platform a tangible commercialization milestone. Raised free-cash-flow guidance also helps the cash-conversion story.
Posture
Constructive
Lead driver
Momentum
What changed
2 setup hits (3d) with net bullish as of 2026-06-02.
What can break
Adjacent-market expansion is explicitly described as slower than anticipated in the 10-K, and management has already leaned on restructuring and cost actions to offset that drag [#10-K-2025-11-20].
Momentum
91
Value
60
Sentiment
38
Setup hits (3d)
2 · Net Bullish
AI TargetsBase $11.50 · Bull $15.00 · Bear $8.00
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-01 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-28 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-06-02
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade A · Constructive
Confidence Medium · Net Bullish
Target $10.00
Why
Momentum91 · Δ7d +1.4
Value60 · Δ7d -0.6
Sentiment38 · Δ7d +3.5
So what
Strength-led posture (Net Bullish). Favor watchlist adds and disciplined entries.
Lead driver: Momentum · See technicals
Momentum
91
34% active weight
Current posture
7d trendFlat
Δ7d
+1.4
Δ21d
+3.4
Value
60
32% active weight
Current posture
7d trendFlat
Δ7d
-0.6
Δ21d
-1.0
Sentiment
38
33% active weight
Current posture
7d trendImproving
Δ7d
+3.5
Δ21d
-0.9
Why this grade
Composite grade A. Momentum 91.0 / Value 60.1 / Sentiment 37.7
Fundamentals (TTM)As of 2026-06-01
Fundamentals (TTM)
As of 2026-06-01
Market Cap
$575.69M
Beta
2.59
Shares Out
44.94M
P/E (TTM) · Derived
25.4
P/S (TTM)
1.98
P/FCF (TTM)
10.66
Rev YoY
+10.6%
EPS YoY
+36.8%
Gross Margin
+72.7%
Op Margin
-0.8%
Net Debt
$112.3M
Current Ratio
1.89
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology