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 (WHO). Since then, NUAN stock has increased by 33.6% and is now trading at $25.60. 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) posted its quarterly earnings data on Thursday, May, 7th. The software maker reported $0.21 EPS for the quarter, topping the consensus estimate of $0.17 by $0.04. The software maker earned $369.55 million during the quarter, compared to the consensus estimate of $351.56 million. Nuance Communications had a net margin of 9.06% and a return on equity of 12.80%. The company's revenue was up 9.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.29 earnings per share. View Nuance Communications' earnings history.

Nuance Communications announced that its board has initiated a stock buyback program on Wednesday, August 8th 2018, which permits the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 10.9% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's management believes its stock is undervalued.

Nuance Communications issued an update on its FY20 earnings guidance on Thursday, May, 7th. The company provided earnings per share guidance of $0.76-0.86 for the period, compared to the Thomson Reuters consensus EPS 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 Wall Street analysts have issued 1-year price targets for Nuance Communications' stock. Their forecasts range from $20.00 to $31.00. On average, they expect Nuance Communications' share price to reach $24.80 in the next year. This suggests that the stock has a possible downside of 3.1%. View analysts' price targets for Nuance Communications.

Headlines about NUAN stock have been trending negative on Monday, InfoTrie Sentiment reports. The research firm 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 nearest to five being the most favorable. Nuance Communications earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave media 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 company's share price in the near term. View the latest news about Nuance Communications.

Nuance Communications saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 12,760,000 shares, an increase of 9.9% from the June 15th total of 11,610,000 shares. Based on an average daily volume of 3,640,000 shares, the short-interest ratio is currently 3.5 days. Currently, 4.6% of the company's stock 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 $25.60.

Nuance Communications has a market capitalization of $7.20 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]