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 19.4% and is now trading at $22.88. View which stocks have been most impacted by Coronavirus.

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

Nuance Communications Inc. (NASDAQ:NUAN) announced its earnings results on Thursday, May, 7th. The software maker reported $0.21 earnings per share for the quarter, topping the Thomson Reuters' 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 return on equity of 12.80% and a net margin of 9.06%. The company's quarterly revenue was up 9.7% on a year-over-year basis. During the same period last year, the company posted $0.29 earnings per share. View Nuance Communications' earnings history.

Nuance Communications declared that its Board of Directors has authorized a share buyback program on Wednesday, August 8th 2018, which permits the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 10.9% of its shares through open market purchases. Shares buyback 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 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.

5 Wall Street analysts have issued 1-year price objectives for Nuance Communications' shares. Their forecasts range from $20.00 to $27.00. On average, they expect Nuance Communications' stock price to reach $23.25 in the next twelve months. This suggests a possible upside of 1.6% from the stock's current price. View analysts' price targets for Nuance Communications.

News headlines about NUAN stock have been trending negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Nuance Communications earned a media sentiment score of -2.0 on InfoTrie's scale. They also gave media coverage about the software maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutNuance Communications.

Nuance Communications saw a increase in short interest in May. As of May 15th, there was short interest totaling 9,570,000 shares, an increase of 5.3% from the April 30th total of 9,090,000 shares. Based on an average daily trading volume, of 4,200,000 shares, the short-interest ratio is presently 2.3 days. Currently, 3.4% of the company's stock are short sold. 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), Fair Isaac (FICO), FactSet Research Systems (FDS) 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 investors include Clearbridge Investments LLC (6.44%), Primecap Management Co. CA (2.74%), Parnassus Investments CA (2.43%), Alliancebernstein L.P. (2.08%), Geode Capital Management LLC (1.72%) and ArrowMark Colorado Holdings LLC (1.58%). 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 sold by a variety of institutional investors in the last quarter, including Park West Asset Management LLC, Capital Research Global Investors, Clearbridge Investments LLC, ArrowMark Colorado Holdings LLC, Primecap Management Co. CA, Alliancebernstein L.P., AXA, and Balyasny Asset Management LLC. 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 Dahdah, Robert Weideman, Stefan Ortmanns, Thomas L Beaudoin, and Wendy Cassity. View insider buying and selling activity for Nuance Communications.

NUAN stock was bought by a variety of institutional investors in the last quarter, including Parnassus Investments CA, Eminence Capital LP, Prudential PLC, Columbus Circle Investors, Bessemer Group Inc., Ferguson Wellman Capital Management Inc., AQR Capital Management LLC, and Nuveen Asset Management LLC. 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 $22.88.

Nuance Communications has a market capitalization of $6.44 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]