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NASDAQ: CRNC
Cerence (CRNC) stock, explained like you're 5
Cerence trades on the Nasdaq under the ticker CRNC. It is a small cap company in the prepackaged software industry, part of the technology sector, with a market value of about 381 million dollars.
- Ticker
- CRNC
- Exchange
- Nasdaq
- Sector
- Technology
- Industry
- Prepackaged Software
- Size
- Small cap, about 381 million dollars
Is Cerence a small, medium or large cap company?
No. Cerence is a small cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 381 million dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Cerence makes money
- Selling software, hardware or cloud services, often as a subscription.
- Charging businesses and consumers for products they use every day.
- Licensing its technology and selling related services.
What moves CRNC stock
- How fast sales are growing, especially in cloud and AI.
- New product launches and customer wins.
- Competition, regulation and how much the company spends on research.
In the news lately
- Behavioral Patterns of CRNC and Institutional Flows (Stock Traders Daily)
- Drivers could soon manage Microsoft 365 by voice in cars, without reaching for a phone (Stock Titan)
- Cerence AI and Geely Expand Collaboration from Intelligent Cockpits to Robotics, Debut Humanoid Robot at Paris Motor Show (Quiver Quantitative)
- SoundHound vs. Cerence: Which Voice AI Stock Is a Buy Now? (Yahoo Finance)
- What Investors Got Wrong About Cerence Before The Drop (Simply Wall Street)
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Questions about Cerence stock
What does Cerence do?
Cerence trades on the Nasdaq under the ticker CRNC. It is a small cap company in the prepackaged software industry, part of the technology sector, with a market value of about 381 million dollars.
What is the ticker symbol for Cerence?
Cerence trades under the ticker CRNC on the Nasdaq.
What is Cerence's market cap?
Cerence is a small cap stock with a market cap of about 381 million dollars.
How does Cerence make money?
Selling software, hardware or cloud services, often as a subscription. Charging businesses and consumers for products they use every day. Licensing its technology and selling related services.
What moves CRNC stock?
How fast sales are growing, especially in cloud and AI. New product launches and customer wins. Competition, regulation and how much the company spends on research.
How can I follow CRNC stock every day?
Add CRNC to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.