Zacks lists USD 10.75 target for Cerence stock

Published on 10/15/2026 at 19:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cerence stock stood 32.68 percent below its USD 13.28 high on October 15, 2026. Cerence stock costs EUR 7.97 on October 15, 2026.

Target and valuation update

Zacks listed an average target of USD 10.75 for Cerence on October 8, 2026.
Cerence stock stood 32.68 percent below its USD 13.28 52-week high on October 15, 2026.
Cerence stock traded at EUR 7.97 at Lang & Schwarz on October 15, 2026 at 7:11 p.m. CEST.
Cerence had a negative P/E ratio of -24.54 on October 15, 2026.

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Zacks listed an average price target of USD 10.75 for Cerence on October 8, 2026, based on four analyst reports. That target stood 20.25 percent above the Nasdaq price of USD 8.94 at 1:21 p.m. ET on October 15, 2026, giving investors a clear valuation reference. Cerence stock was trading at EUR 7.97 at Lang & Schwarz on October 15, 2026 at 7:11 p.m. CEST.

Analyst target stays above price

The Zacks target range ran from USD 9.00 to USD 12.00, while the average target was USD 10.75. The same Zacks page listed an average brokerage recommendation of 2.67 from six firms, a level between Hold and Buy on its five-point scale.

Stock sits below yearly high

The Nasdaq quotation stood 32.68 percent below Cerence's USD 13.28 52-week high and 52.82 percent above its USD 5.85 low on October 15, 2026. The intraday range ran from USD 8.40 to USD 8.99, while volume reached 344,229 shares against an average of 729,701 shares.

Valuation and market scale

Cerence had a market capitalization of USD 404.4 million and a negative price-to-earnings ratio of -24.54 on October 15, 2026. The company develops software for conversational artificial intelligence in vehicles and other connected systems, according to Cerence.

Comparison with peers

Cerence (NASDAQ, USD): P/E -24.54, market capitalization USD 404.4 million.

SoundHound AI (NASDAQ, USD): plus 3.31 percent, P/E -14.03, market capitalization USD 2.1 billion.

Veritone (NASDAQ, USD): plus 6.63 percent, P/E -0.44, market capitalization USD 57.4 million.

Market data in perspective

The comparison places Cerence between a larger voice-AI peer and a smaller software specialist by market value. Its negative P/E ratio also differs from a conventional earnings-based valuation because the company reported a loss on the measure used by the quotation data.

Market context: Market report Nasdaq Composite.

The real-time quote of Cerence stock provides the continuously updated trading picture.