Added to YB: 2025-11-25
Pitch date: 2025-11-21
CRNC [bearish]
Cerence Inc.
-10.52%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$465.1M
Pitch Price
$10.41
Price Target
5.00 (-57%)
Dividend
N/A
EV/EBITDA
21.07
P/E
-23.88
EV/Sales
2.36
Sector
Software
Category
N/A
I am short $CRNC PT <5/sh for more than 50% downside.
CRNC (short): Legal settlement masks core weakness - $49.5M settlement inflates FY26 guidance, but stripping it shows flat revenue growth & declining adj EBITDA margins. Major OEMs switching to Google Gemini (Volvo), Amazon Alexa (BMW), Android Auto dominance. PT <$5 (-50%+ downside).
Read full article (4 min)