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Cerence (CRNC) Competitors

Cerence logo
$7.20 +1.37 (+23.50%)
(As of 11/22/2024 ET)

CRNC vs. WEAV, MOMO, KIND, CINT, BMBL, TUYA, PUBM, SCWX, HUYA, and EVER

Should you be buying Cerence stock or one of its competitors? The main competitors of Cerence include Weave Communications (WEAV), Hello Group (MOMO), Nextdoor (KIND), CI&T (CINT), Bumble (BMBL), Tuya (TUYA), PubMatic (PUBM), SecureWorks (SCWX), HUYA (HUYA), and EverQuote (EVER). These companies are all part of the "computer software" industry.

Cerence vs.

Cerence (NASDAQ:CRNC) and Weave Communications (NYSE:WEAV) are both small-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, community ranking, risk, analyst recommendations, media sentiment, dividends, profitability, valuation and earnings.

Weave Communications has a net margin of -14.64% compared to Cerence's net margin of -177.40%. Cerence's return on equity of 8.90% beat Weave Communications' return on equity.

Company Net Margins Return on Equity Return on Assets
Cerence-177.40% 8.90% 3.65%
Weave Communications -14.64%-28.01%-10.53%

Cerence has a beta of 2.36, suggesting that its share price is 136% more volatile than the S&P 500. Comparatively, Weave Communications has a beta of 2.08, suggesting that its share price is 108% more volatile than the S&P 500.

91.4% of Cerence shares are owned by institutional investors. Comparatively, 86.8% of Weave Communications shares are owned by institutional investors. 1.2% of Cerence shares are owned by company insiders. Comparatively, 36.3% of Weave Communications shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

In the previous week, Cerence had 9 more articles in the media than Weave Communications. MarketBeat recorded 11 mentions for Cerence and 2 mentions for Weave Communications. Cerence's average media sentiment score of 0.19 beat Weave Communications' score of 0.00 indicating that Cerence is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cerence
1 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Neutral
Weave Communications
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Cerence presently has a consensus target price of $8.16, suggesting a potential upside of 13.37%. Weave Communications has a consensus target price of $16.50, suggesting a potential upside of 18.62%. Given Weave Communications' stronger consensus rating and higher probable upside, analysts clearly believe Weave Communications is more favorable than Cerence.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cerence
0 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.13
Weave Communications
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.00

Weave Communications has lower revenue, but higher earnings than Cerence. Weave Communications is trading at a lower price-to-earnings ratio than Cerence, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cerence$331.50M0.91-$56.25M-$14.12-0.51
Weave Communications$170.47M5.94-$31.03M-$0.40-34.78

Cerence received 67 more outperform votes than Weave Communications when rated by MarketBeat users. Likewise, 55.77% of users gave Cerence an outperform vote while only 47.62% of users gave Weave Communications an outperform vote.

CompanyUnderperformOutperform
CerenceOutperform Votes
87
55.77%
Underperform Votes
69
44.23%
Weave CommunicationsOutperform Votes
20
47.62%
Underperform Votes
22
52.38%

Summary

Cerence beats Weave Communications on 10 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CRNC vs. The Competition

MetricCerencePrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$300.96M$25.65B$24.93B$8.85B
Dividend YieldN/A2.25%2.75%4.08%
P/E Ratio-0.5168.09205.7114.80
Price / Sales0.919.603,406.3087.32
Price / Cash0.3790.1135.1436.92
Price / Book2.139.097.156.55
Net Income-$56.25M$444.73M$676.29M$226.22M
7 Day Performance136.07%7.31%5.02%3.77%
1 Month Performance152.63%12.83%6.10%4.64%
1 Year Performance-57.50%29.17%21.75%29.21%

Cerence Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CRNC
Cerence
2.4393 of 5 stars
$7.20
+23.5%
$8.16
+13.4%
-57.5%$300.96M$331.50M-0.511,700Analyst Forecast
Options Volume
News Coverage
High Trading Volume
WEAV
Weave Communications
2.0213 of 5 stars
$13.50
-2.2%
$16.50
+22.2%
+51.5%$982.40M$170.47M-33.60890
MOMO
Hello Group
3.8713 of 5 stars
$6.56
-1.8%
$7.93
+20.8%
-9.0%$950.54M$1.69B6.561,382Analyst Downgrade
News Coverage
KIND
Nextdoor
1.2902 of 5 stars
$2.47
-0.4%
$2.75
+11.3%
+64.7%$943.89M$218.31M-7.78700
CINT
CI&T
3.0522 of 5 stars
$6.83
-1.6%
$7.11
+4.1%
+29.7%$918.02M$447.40M53.236,111
BMBL
Bumble
1.6316 of 5 stars
$7.91
+2.1%
$8.38
+5.9%
-42.3%$855.70M$1.05B0.001,200
TUYA
Tuya
2.4123 of 5 stars
$1.61
+2.5%
$2.70
+67.7%
-15.1%$812.07M$229.99M0.001,465
PUBM
PubMatic
3.6199 of 5 stars
$16.18
+6.1%
$21.71
+34.2%
+0.1%$802.23M$267.01M49.19880News Coverage
SCWX
SecureWorks
0.6092 of 5 stars
$8.37
flat
$7.00
-16.3%
+39.8%$743.06M$365.88M-9.851,516High Trading Volume
HUYA
HUYA
2.6101 of 5 stars
$3.05
flat
$5.68
+86.4%
-22.2%$709.73M$985.13M-33.831,345
EVER
EverQuote
4.1886 of 5 stars
$19.36
+2.7%
$28.50
+47.2%
+122.2%$684.38M$287.92M55.44610Analyst Revision

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This page (NASDAQ:CRNC) was last updated on 11/23/2024 by MarketBeat.com Staff
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