Cerence AI to Participate in 28th Annual Needham Growth Conference
Rhea-AI Summary
Cerence (NASDAQ: CRNC) will participate in the 28th Annual Needham Growth Conference in New York City.
Company President & CEO Brian Krzanich and CFO Tony Rodriquez will present on Tuesday, January 13, 2026 at 8:45 am ET. A live webcast will be available on the company website under Investors, with a replay accessible for 90 days. Cerence will also hold one-on-one investor meetings throughout the day; meetings can be scheduled via Needham representatives or Cerence investor relations at cerence@pondel.com.
Positive
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Negative
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News Market Reaction
On the day this news was published, CRNC gained 8.75%, reflecting a notable positive market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $44M to the company's valuation, bringing the market cap to $543M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
While CRNC was down 4.07% pre-news, key software peers such as PUBM, RMNI, APPS, and MITK showed gains between 1.05% and 2.92%, and ALTS rose 15.71%, pointing to stock-specific, not sector-wide, pressure.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 05 | AI platform deployment | Positive | -4.1% | xUI platform deployments on NVIDIA AI Enterprise and Microsoft Azure. |
| Jan 05 | Customer win AI | Positive | -4.1% | Geely Auto selects Cerence xUI for next-gen in-car AI experience. |
| Dec 24 | Debt repurchase | Positive | +0.3% | Repurchase of $30M of 1.50% convertible notes due 2028 at 92% of par. |
| Dec 18 | AI product showcase | Positive | +0.1% | Planned CES 2026 demos of Cerence xUI and edge AI capabilities. |
| Dec 11 | New AI agents | Positive | +2.6% | Launch of dealer assist and ownership companion AI agents for auto ecosystem. |
Recent AI-focused announcements often read positively but have sometimes been met with negative price reactions, indicating occasional divergence between product momentum and share performance.
Over the past month, Cerence has focused on AI platforms and capital structure moves. AI-related releases on Jan 05, 2026 highlighted Cerence xUI traction with automakers and a Geely Auto deployment, yet the stock moved -4.07%. Earlier in December, AI launches around CES 2026 and new agents saw modestly positive reactions of 0.09% and 2.56%. A $30 million convertible note repurchase on Dec 24, 2025 drew a slight 0.27% gain, underscoring mixed but generally constructive responses to strategic updates.
Market Pulse Summary
The stock moved +8.8% in the session following this news. A strong positive reaction aligns with Cerence’s positioning above its 200-day moving average at $10.00 and a share price of $11.09 before this conference update. Historical AI news showed mixed reactions, including a -4.07% move on Jan 05, 2026, so sustained strength has not been uniform. Investors watching prior divergences between upbeat AI releases and price action may view conference visibility as another data point rather than a decisive turning point.
AI-generated analysis. Not financial advice.
BURLINGTON, Mass., Jan. 06, 2026 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced that the Company will participate in the 28th Annual Needham Growth Conference in New York City.
Cerence AI’s President and Chief Executive Officer, Brian Krzanich, and its Chief Financial Officer, Tony Rodriquez, will give a presentation on Tuesday, January 13 at 8:45 am ET. A live webcast of the presentation will be available on the Company’s website at www.cerence.ai under the "Investors" section. A replay of the webcast will be available for 90 days after the event.
The Company also will conduct one-on-one meetings with investors throughout the day. To schedule a meeting, please contact your Needham representative, or Cerence AI Investor Relations at cerence@pondel.com.
To learn more about Cerence AI, visit www.cerence.ai, and follow the company on LinkedIn.
About Cerence Inc.
Cerence Inc. (NASDAQ: CRNC) is a global industry leader in creating intuitive, seamless, AI-powered experiences across automotive and transportation. Leveraging decades of innovation and expertise in voice, generative AI, and large language models, Cerence powers integrated experiences that create safer, more connected, and more enjoyable journeys for drivers and passengers alike. With more than 525 million cars shipped with Cerence technology, the company partners with leading automakers, transportation OEMs, and technology companies to advance the next generation of user experiences. Cerence is headquartered in Burlington, Massachusetts, with operations globally and a worldwide team dedicated to pushing the boundaries of AI innovation. For more information, visit www.cerence.ai.
Contact Information
Media Relations: press@cerence.com
Investor Relations: cerence@pondel.com
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