Cerence AI
CRNC · NASDAQ · Technology
$7.73
$0.40 (-5.15%) today
Market Cap
$349.63M
24h Volume
$9.9M
P/E Ratio
0.0
52w High
$13.30
52w Low
$5.96
Est. AI Revenue
95%
7-Day Sparkline (Static)
Company facts
Performance
About Cerence AI
Cerence AI builds conversational AI for cars. The company licenses voice assistants, speech recognition, and language model software to automakers, earning revenue from per vehicle royalties, connected services subscriptions, and professional services. Its technology ships in a large share of new vehicles sold worldwide.
Its products include Cerence Assistant, the automotive large language model family CaLLM, and Cerence xUI, an agentic in car assistant platform developed with partners including NVIDIA. These systems handle navigation, vehicle controls, and general conversation, increasingly running generative AI both in the cloud and directly on vehicle hardware.
Cerence was spun off from Nuance Communications in 2019 as an independent public company. Headquartered in Burlington, Massachusetts, it employs about 1,300 people and trades on the NASDAQ.
Cerence AI in the AI buildout
Cerence sits across the Autonomous Vehicles layer and the AI Software layer, supplying the conversational intelligence inside the cabin while others chase the driving task. Its royalties scale with vehicle production and with how much AI content automakers embed per car, making it a per unit toll on the software defined vehicle. The shift from scripted voice commands to generative assistants raises its value per vehicle, and its NVIDIA partnership ties its roadmap to the broader AI compute stack.
CRNC is tracked in Autonomous Vehicles, rated Core on the AI Exposure leaderboard.
By the numbers
52-week range
CRNC trades at $7.73, 24% of the way up its 52-week range of $5.96 to $13.30.
Market cap
Market capitalization is $349.63M, with an AI Exposure Score of 85 out of 100.
Next earnings
Cerence AI is next expected to report earnings on November 18, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Cerence AI do?
Cerence AI develops voice assistants and conversational AI software for vehicles. Automakers license its speech recognition, natural language, and generative AI technology to power in car assistants, paying royalties per vehicle plus fees for connected services and custom development work.
How is Cerence AI exposed to AI?
Nearly all revenue comes from AI speech and language software. Legacy embedded voice predates the current AI cycle, but the roadmap now centers on generative and agentic assistants. Supercycle rates it Core with an AI Exposure Score of 85 out of 100.
What are CaLLM and Cerence xUI?
CaLLM is Cerence's family of automotive tuned large language models, available in cloud and edge versions that run on vehicle hardware. Cerence xUI is its agentic assistant platform built on those models, designed to handle conversation, vehicle functions, and third party services.
Is CRNC a pure play AI stock?
Close but not quite. Essentially all of its software is AI based, but part of the business rests on older embedded voice technology licensed before the generative AI cycle. Supercycle places it in the Core tier, near the top of that range.
Who leads Cerence AI?
Brian Krzanich, former chief executive of Intel, has led Cerence as chief executive since 2025. He is steering the company's pivot from traditional voice assistants to generative and agentic AI, built with partners such as NVIDIA and major global automakers.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.