NASDAQ:NUANNuance Communications Stock Price, Forecast & News

Nuance Communications' stock was trading at $19.16 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NUAN shares have increased by 34.7% and is now trading at $25.81. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nuance Communications in the last year. There are currently 1 hold rating and 5 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, August 5th 2020. View our earnings forecast for Nuance Communications.

Nuance Communications Inc. (NASDAQ:NUAN) released its quarterly earnings data on Thursday, May, 7th. The software maker reported $0.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.04. The software maker earned $369.55 million during the quarter, compared to analysts' expectations of $351.56 million. Nuance Communications had a return on equity of 12.80% and a net margin of 9.06%. The business's revenue was up 9.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.29 earnings per share. View Nuance Communications' earnings history.

Nuance Communications announced that its Board of Directors has approved a share repurchase program on Wednesday, August 8th 2018, which allows the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 10.9% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.

Nuance Communications issued an update on its FY20 earnings guidance on Thursday, May, 7th. The company provided earnings per share (EPS) guidance of $0.76-0.86 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.82. The company issued revenue guidance of $1.405-1.485 billion, compared to the consensus revenue estimate of $1.47 billion.

6 brokerages have issued twelve-month price objectives for Nuance Communications' stock. Their forecasts range from $20.00 to $31.00. On average, they anticipate Nuance Communications' share price to reach $24.80 in the next twelve months. This suggests that the stock has a possible downside of 3.9%. View analysts' price targets for Nuance Communications.

News articles about NUAN stock have trended very negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, 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 news headlines about the software maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about Nuance Communications.

Nuance Communications saw a increase in short interest in June. As of June 15th, there was short interest totaling 11,610,000 shares, an increase of 6.5% from the May 31st total of 10,900,000 shares. Based on an average daily volume of 3,660,000 shares, the short-interest ratio is currently 3.2 days. Currently, 4.2% 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), Splunk (SPLK), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Citrix Systems (CTXS), SS&C Technologies (SSNC), Tyler Technologies (TYL), FactSet Research Systems (FDS), Fair Isaac (FICO) and Guidewire Software (GWRE). View all competitors.

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), QUALCOMM (QCOM), salesforce.com (CRM), Verizon Communications (VZ), General Electric (GE), Gilead Sciences (GILD) and Advanced Micro Devices (AMD).

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 $25.81.

Nuance Communications has a market capitalization of $7.26 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.

The official website for Nuance Communications is 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]