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

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

Nuance Communications declared that its board has initiated 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 buy up to 10.9% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's management believes its stock is undervalued.

Nuance Communications Inc. (NASDAQ:NUAN) posted its earnings results on Wednesday, February, 5th. The software maker reported $0.27 EPS for the quarter, beating analysts' consensus estimates 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. The firm's quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.30 earnings per share. View Nuance Communications' Earnings History.

Nuance Communications is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for Nuance Communications.

Nuance Communications issued an update on its first quarter 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $$0.22-0.26 for the period. The company issued revenue guidance of $$400-416 million, compared to the consensus revenue estimate of $$393 million.

4 brokerages have issued 12 month price objectives for Nuance Communications' stock. Their forecasts range from $23.00 to $27.00. On average, they anticipate Nuance Communications' share price to reach $24.00 in the next twelve months. This suggests a possible upside of 3.7% from the stock's current price. View Analyst Price Targets for Nuance Communications.

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.

Headlines about NUAN stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Nuance Communications earned a news impact score of -2.3 on InfoTrie's scale. They also gave news headlines about the software maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Nuance Communications.

Nuance Communications saw a increase in short interest in January. As of January 31st, there was short interest totalling 11,230,000 shares, an increase of 9.7% from the January 15th total of 10,240,000 shares. Based on an average trading volume of 2,742,900 shares, the days-to-cover ratio is presently 4.1 days. Currently, 4.0% of the company's stock are short sold. View Nuance Communications' Current Options Chain.

Some companies that are related to Nuance Communications include ANSYS (ANSS), Aspen Technology (AZPN), Monotype Imaging (TYPE), American Software (AMSWA), VirnetX (VHC), ACI Worldwide (ACIW), Adobe (ADBE), Advent Software (ADVS), Autodesk (ADSK), Blackbaud (BLKB), Bottomline Technologies (EPAY), Cadence Design Systems (CDNS), Citrix Systems (CTXS), Digimarc (DMRC) and Ebix (EBIX).

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), General Electric (GE), Gilead Sciences (GILD), QUALCOMM (QCOM), Walt Disney (DIS) and Cisco Systems (CSCO).

Nuance Communications' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include ArrowMark Colorado Holdings LLC (2.17%), FIL Ltd (1.23%), Handelsbanken Fonder AB (1.17%), Baupost Group LLC MA (0.81%), Renaissance Technologies LLC (0.80%) and Formula Growth Ltd. (0.60%). Company insiders that own Nuance Communications stock include Alvaro Monserrat, Arthur G Giterman, Daniel David Tempesta, Mark D Benjamin, Mark R Laret, Nuance Communications, Inc, Robert Weideman, Stefan Ortmanns, Thomas L Beaudoin and Wendy Cassity. View Institutional Ownership Trends for Nuance Communications.

NUAN stock was sold by a variety of institutional investors in the last quarter, including Baupost Group LLC MA, Prudential Financial Inc., FIL Ltd, AQR Capital Management LLC, Staley Capital Advisers Inc., AlphaCrest Capital Management LLC, Boston Partners and DekaBank Deutsche Girozentrale. Company insiders that have sold Nuance Communications company stock in the last year include Arthur G Giterman, Daniel David Tempesta, Mark D Benjamin, Mark R Laret, Nuance Communications, Inc, Robert Weideman, Stefan Ortmanns, Thomas L Beaudoin and Wendy Cassity. View Insider Buying and Selling for Nuance Communications.

NUAN stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Senvest Management LLC, Handelsbanken Fonder AB, Castleark Management LLC, Dalton Greiner Hartman Maher & Co., Columbus Circle Investors, ArrowMark Colorado Holdings LLC and Honeycomb Asset Management LP. View Insider Buying and Selling for Nuance Communications.

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 $23.14.