Today, Cerence Inc. (NASDAQ: CRNC) has continued its upwards charge, consolidating an excellent period of growth for the company.
This page delves into the value proposition that is Cerence stock. We fun through what the company is, why it is rising in value, and also provide a CRNC price forecast to help you understand where we are in the current market cycle.
For those of you who want to buy Cerence shares immediately, our team of analysts have been hard at working testing out the top options that are available to you. Simply scroll down to the section below to check out our list of the two best places to buy, sell and trade CRNC stock in the UK and elsewhere.
Where to buy Cerence stock online today
If you want to invest in Cerence shares quickly and easily, and you want your investment platform to be fully regulated, you should check out one of the reliable stockbrokers below. They are low fee platforms with easy-to-use interfaces that allow investors like yourself to quickly build a diverse, de-risked investment portfolio.
So, here are the two best platforms to buy and sell CRNC shares right now:
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What is Cerence?
Headquartered in Massachusetts, it is a rapidly-growing software company that has grown in value by 619% in the last 5 years.
Cerence provides AI-powered assistants and innovations for connected and autonomous vehicles. In addition, it offers edge software components, cloud-connected components; toolkits; applications; and virtual assistant coexistence and professional services.
The company also has plenty of involvement in conversational AI, pioneering softwares that help with natural language understanding, AI intelligence services and voice recognition.
The company’s cutting-edge products and rapid expansion have seen investors demonstrating an increased interest in the software player, and as COVID-19 lockdowns cease and consumer habits return towards the norm, Cerence could be poised for an aggressive year of progress.
Should I buy CRNC shares?
If you believe in the AI macro story and have faith in the CRNC management team, investing now ahead of future growth could work out well for you. The company shows no signs of slowing down, and provided you conduct your own extensive research, you could be onto a winner.
Cerence price target
Our CRNC price target is as follows: a 12-month high of $155, with a median of $123 and a low of $100.