NASDAQ:NUAN - Nuance 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 shares have decreased by 14.9% and is now trading at $16.31. 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) posted its quarterly earnings results on Wednesday, February, 5th. The software maker reported $0.27 earnings per share (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 analysts' expectations of $406.30 million. Nuance Communications had a net margin of 14.02% and a return on equity of 12.71%. Nuance Communications's quarterly revenue was down .4% on a year-over-year basis. During the same period last year, the firm earned $0.30 EPS. View Nuance Communications' earnings history.

Nuance Communications declared that its Board of Directors has approved a share repurchase plan on Wednesday, August 8th 2018, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 10.9% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's leadership believes its shares are undervalued.

4 Wall Street analysts have issued twelve-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 year. This suggests a possible upside of 42.6% from the stock's current price. View analysts' price targets for Nuance Communications.

Media stories about NUAN stock have trended very negative on Wednesday, according to InfoTrie Sentiment. 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 negative five to five, with scores closest to five being the most favorable. Nuance Communications earned a media 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, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutNuance Communications.

Nuance Communications saw a increase in short interest in 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 presently 2.9 days. Approximately 5.4% of the shares of the 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), ANSYS (ANSS), Splunk (SPLK), Synopsys (SNPS), Cadence Design Systems (CDNS), 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 $16.31.

Nuance Communications has a market capitalization of $4.61 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]