NASDAQ:NUAN - Nuance Communications Stock Price, Forecast & News

Nuance Communications' stock was trading at $19.16 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NUAN stock has decreased by 14.8% and is now trading at $16.32. View which stocks have been mosted impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nuance Communications in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Nuance Communications.

Nuance Communications is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for Nuance Communications.

Nuance Communications Inc. (NASDAQ:NUAN) released its earnings results on Wednesday, February, 5th. The software maker reported $0.27 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.23 by $0.04. The software maker had revenue of $418.30 million for the quarter, compared to analyst estimates of $406.30 million. Nuance Communications had a return on equity of 12.71% and a net margin of 14.02%. The company's revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.30 earnings per share. View Nuance Communications' earnings history.

Nuance Communications declared that its Board of Directors has authorized a stock repurchase program on Wednesday, August 8th 2018, which authorizes the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 10.9% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's management believes its shares are undervalued.

4 analysts have issued 12 month price targets for Nuance Communications' stock. Their forecasts range from $20.00 to $27.00. On average, they anticipate Nuance Communications' stock price to reach $23.25 in the next twelve months. This suggests a possible upside of 42.5% from the stock's current price. View analysts' price targets for Nuance Communications.

News headlines about NUAN stock have trended very negative this week, InfoTrie reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nuance Communications earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave media stories about the software maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutNuance Communications.

Nuance Communications saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 15,141,500 shares, an increase of 13.2% from the February 27th total of 13,380,000 shares. Based on an average daily volume of 5,310,800 shares, the days-to-cover ratio is currently 2.9 days. Currently, 5.4% of the company's shares are sold short. View Nuance Communications' Current Options Chain.

Some companies that are related to Nuance Communications include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), ANSYS (ANSS), Synopsys (SNPS), Cadence Design Systems (CDNS), Splunk (SPLK), Citrix Systems (CTXS), Tyler Technologies (TYL), SS&C Technologies (SSNC), FactSet Research Systems (FDS), Fair Isaac (FICO) and Guidewire Software (GWRE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Nuance Communications investors own include NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), AT&T (T), Advanced Micro Devices (AMD), Verizon Communications (VZ), Gilead Sciences (GILD), General Electric (GE), Cisco Systems (CSCO) and QUALCOMM (QCOM).

Nuance Communications trades on the NASDAQ under the ticker symbol "NUAN."

Shares of NUAN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of NUAN stock can currently be purchased for approximately $16.32.

Nuance Communications has a market capitalization of $4.62 billion and generates $1.82 billion in revenue each year. The software maker earns $213.81 million in net income (profit) each year or $0.76 on an earnings per share basis. Nuance Communications employs 8,100 workers across the globe. View additional information about Nuance Communications.

The official website for Nuance Communications is http://www.nuance.com/.

Nuance Communications' mailing address is 1 WAYSIDE ROAD, BURLINGTON MA, 01803. The software maker can be reached via phone at 781-565-5000 or via email at [email protected]