Zacks lists USD 10.75 target for Cerence stock

Published on 10/24/2026 at 20:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cerence reported USD 69.59 million revenue in Q3 2026. Cerence stock costs EUR 7.48 in trading on October 24, 2026 at 1:04 p.m. CEST.

Analyst target and results

Zacks listed a USD 10.75 average target for Cerence based on four analysts on October 22, 2026.
Cerence reported USD 69.59 million in third-quarter 2026 revenue and USD 1.53 million in net income.
Cerence stock costs EUR 7.48 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST.

CRNC, US1567271093, Illustration mit AI erstellt.

Cerence stock is being framed by a USD 10.75 average analyst target, while the company reported USD 69.59 million in third-quarter 2026 revenue. Zacks listed the average target on October 22, 2026, based on four analysts, with a forecast range of USD 9.00 to USD 12.00. Cerence stock was trading at EUR 7.48 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST.

Revenue reached USD 69.59 million

Cerence reported USD 69.59 million in revenue for the quarter ended June 30, 2026, and net income of USD 1.53 million. The figures compare with USD 62.24 million of revenue and a USD 2.72 million net loss in the prior-year quarter. Benzinga reported that adjusted EBITDA reached USD 13.50 million and operating cash flow was USD 20.00 million in the quarter.

What supports the USD 10.75 target?

The company said recurring connected-services revenue increased 20.00 percent year over year in third-quarter 2026. Management also cited approximately 100,000 vehicles using its XUI platform and said the platform was entering commercialization. Those operating figures provide the main numerical support for the target discussion, while vehicle production with Cerence technology declined 8.00 percent year over year during the quarter, according to Benzinga.

Next reporting date is November 18

Earnings Today lists November 18, 2026 as the scheduled date for the next Cerence report. Its latest quarter data show USD 69.59 million in revenue against a USD 70.05 million consensus estimate and GAAP earnings per share of USD 0.03 against USD 0.20 expected.

Price stays the market frame

Cerence stock had a market capitalization of USD 377.20 million on October 23, 2026, with a 52-week range of USD 5.85 to USD 13.28. The Nasdaq-listed company operates in the technology sector and software application industry. For investors, the next report will test whether connected-services growth and XUI commercialization can offset weaker vehicle production volumes.

Price and investor perspective

The euro quotation gives German investors a current trading reference, while the USD 10.75 target remains a separate home-market valuation measure. Cerence stock was trading at EUR 7.48 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Cerence stock.