NASDAQ:NUANNuance Communications Stock Price, Forecast & News

Nuance Communications' stock was trading at $19.16 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NUAN shares have increased by 33.1% and is now trading at $25.50. 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 earnings results on Thursday, May, 7th. The software maker reported $0.21 earnings per share for the quarter, topping 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 firm's revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.29 EPS. View Nuance Communications' earnings history.

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

Nuance Communications updated its FY20 earnings guidance on Thursday, May, 7th. The company provided EPS guidance of $0.76-0.86 for the period, compared to the Thomson Reuters consensus 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 analysts have issued twelve-month target prices for Nuance Communications' shares. Their forecasts range from $20.00 to $31.00. On average, they expect Nuance Communications' share price to reach $24.80 in the next twelve months. This suggests that the stock has a possible downside of 2.7%. View analysts' price targets for Nuance Communications.

News coverage about NUAN stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Nuance Communications earned a coverage optimism score of -1.2 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 stock's share price in the immediate future. View the latest news about Nuance Communications.

Nuance Communications saw a increase in short interest in 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 trading volume, of 3,640,000 shares, the short-interest ratio is presently 3.5 days. Approximately 4.6% 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), 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."

Nuance Communications' stock is owned by many different institutional and retail investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.19%), Envestnet Asset Management Inc. (0.10%), Arden Trust Co (0.01%) and Wedge Capital Management L L P NC (0.01%). 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 Dahdah, Robert Weideman, Stefan Ortmanns, Thomas L Beaudoin and Wendy Cassity. View institutional ownership trends for Nuance Communications.

NUAN stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Arden Trust Co, Dalton Greiner Hartman Maher & Co., and Wedge Capital Management L L P NC. View insider buying and selling activity 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 $25.50.

Nuance Communications has a market capitalization of $7.17 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]