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Cerence (CRNC) Competitors

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$14.60 +0.59 (+4.17%)
As of 01:35 PM Eastern
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CRNC vs. AVDX, EVCM, MQ, CERT, SPT, DAVA, JAMF, GDYN, NABL, and MTTR

Should you be buying Cerence stock or one of its competitors? The main competitors of Cerence include AvidXchange (AVDX), EverCommerce (EVCM), Marqeta (MQ), Certara (CERT), Sprout Social (SPT), Endava (DAVA), Jamf (JAMF), Grid Dynamics (GDYN), N-able (NABL), and Matterport (MTTR). These companies are all part of the "computer software" industry.

Cerence vs.

AvidXchange (NASDAQ:AVDX) and Cerence (NASDAQ:CRNC) are both computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their risk, media sentiment, community ranking, valuation, earnings, dividends, institutional ownership, profitability and analyst recommendations.

AvidXchange presently has a consensus price target of $11.61, indicating a potential upside of 11.39%. Cerence has a consensus price target of $8.66, indicating a potential downside of 38.21%. Given AvidXchange's stronger consensus rating and higher possible upside, equities analysts clearly believe AvidXchange is more favorable than Cerence.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
AvidXchange
2 Sell rating(s)
6 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.29
Cerence
0 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25

80.6% of AvidXchange shares are owned by institutional investors. Comparatively, 91.4% of Cerence shares are owned by institutional investors. 10.4% of AvidXchange shares are owned by company insiders. Comparatively, 0.6% of Cerence shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

AvidXchange has a net margin of -0.23% compared to Cerence's net margin of -177.40%. Cerence's return on equity of 8.90% beat AvidXchange's return on equity.

Company Net Margins Return on Equity Return on Assets
AvidXchange-0.23% 0.74% 0.23%
Cerence -177.40%8.90%3.65%

Cerence received 43 more outperform votes than AvidXchange when rated by MarketBeat users. Likewise, 55.35% of users gave Cerence an outperform vote while only 41.67% of users gave AvidXchange an outperform vote.

CompanyUnderperformOutperform
AvidXchangeOutperform Votes
45
41.67%
Underperform Votes
63
58.33%
CerenceOutperform Votes
88
55.35%
Underperform Votes
71
44.65%

In the previous week, Cerence had 9 more articles in the media than AvidXchange. MarketBeat recorded 12 mentions for Cerence and 3 mentions for AvidXchange. AvidXchange's average media sentiment score of 0.79 beat Cerence's score of 0.51 indicating that AvidXchange is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
AvidXchange
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cerence
2 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

AvidXchange has higher revenue and earnings than Cerence.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
AvidXchange$427.57M5.01-$47.33MN/AN/A
Cerence$331.50M1.82-$588.08M-$14.12-0.99

AvidXchange has a beta of 1.22, indicating that its share price is 22% more volatile than the S&P 500. Comparatively, Cerence has a beta of 2.66, indicating that its share price is 166% more volatile than the S&P 500.

Summary

AvidXchange beats Cerence on 10 of the 17 factors compared between the two stocks.

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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$602.72M$26.28B$26.93B$9.24B
Dividend YieldN/A1.99%2.72%3.96%
P/E Ratio-0.9997.29238.1917.54
Price / Sales1.8213.363,324.9873.14
Price / Cash0.8788.5935.8437.70
Price / Book4.1513.308.674.74
Net Income-$588.08M$447.97M$670.63M$224.54M
7 Day Performance11.45%1.85%1.56%1.26%
1 Month Performance72.02%2.90%4.77%3.18%
1 Year Performance-32.04%30.85%28.38%22.75%

Cerence Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CRNC
Cerence
2.8361 of 5 stars
$14.61
+4.2%
$8.66
-40.7%
-32.1%$624.82M$331.50M-1.031,400Analyst Upgrade
AVDX
AvidXchange
2.7538 of 5 stars
$10.38
+1.3%
$11.61
+11.8%
-6.0%$2.14B$380.72M481.501,600
EVCM
EverCommerce
3.3916 of 5 stars
$10.27
+1.2%
$12.56
+22.3%
-0.4%$1.88B$675.37M-36.682,100News Coverage
MQ
Marqeta
3.4403 of 5 stars
$3.75
-0.5%
$5.75
+53.3%
-42.3%$1.88B$676.17M187.50960
CERT
Certara
4.2382 of 5 stars
$11.66
-0.9%
$15.92
+36.5%
-19.4%$1.88B$354.34M-58.301,391Positive News
SPT
Sprout Social
2.6193 of 5 stars
$32.62
+1.1%
$42.42
+30.0%
-48.2%$1.87B$333.64M-27.181,140
DAVA
Endava
4.0298 of 5 stars
$31.66
+0.5%
$40.46
+27.8%
-59.2%$1.87B$932.88M226.1112,085
JAMF
Jamf
N/A$14.40
+1.7%
$26.43
+83.5%
-25.5%$1.84B$560.57M-26.182,767Analyst Forecast
High Trading Volume
GDYN
Grid Dynamics
2.3893 of 5 stars
$21.06
+2.0%
$18.33
-12.9%
+65.2%$1.74B$312.91M702.233,920Positive News
NABL
N-able
2.1291 of 5 stars
$9.24
-0.3%
$15.00
+62.4%
-28.9%$1.72B$421.88M46.181,584Analyst Forecast
High Trading Volume
MTTR
Matterport
0.9363 of 5 stars
$5.14
+1.6%
$5.13
-0.3%
+119.3%$1.66B$157.75M-6.19590News Coverage

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This page (NASDAQ:CRNC) was last updated on 1/24/2025 by MarketBeat.com Staff
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