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CRNC

Cerence Inc.
9.44post+$0.05 (+0.53%)at close +$0.47 (+5.27%)
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as of 21:59:58 UTCnext report Aug 10 · 5d
Earnings Room‹ back to CRNC

The report

fiscal Q3 2026 · from the company's notice
Aug 10before open5days out

Expected movement

market-implied · at the Aug 4 close
±11.7%is what the chain prices for this report itself, with the ordinary drift of the days around it taken out. Not a view we hold.

The full straddle prices ±17.8% over the 17 days to expiry; the rest of that is everyday movement, which the chain prices at 94% annualized.

expiry Aug 21 · first after the reportATM strike 9straddle 1.97ATM IV 124% vs 106% at Sep 18× 0.85 straddle-to-rangespot 9.44

Blast radius

2 linked · N-PORT + EDGAR

If CRNC moves ±17.8% over this report, these carry part of it. Fund rows are arithmetic on published holding weights — what an index fund does by construction. Company rows are ranked by disclosed tie strength.

Positioning

Butterfly Ladder

No options positioning captured for this ticker yet. Open interest settles once daily — check back after the next capture, or open this room again tomorrow.

The record

expected in pale · actual in full color
4/8reports moved further than the options market had pricedtypically ±26.7% realized vs ±17.3% priced
May 7 '26±17.4%6.4%×0.37
Feb 4 '26±20.4%29.0%×1.43
Nov 19 '25±12.6%+27.5%×2.19
May 7 '25±17.6%12.2%×0.69
Feb 6 '25±21.4%+13.7%×0.64
Nov 21 '24±20.3%+106.7%×5.26
Oct 7 '24±14.8%1.3%×0.09
Aug 8 '24±14.2%+16.9%×1.19
pale = implied the day beforeink = the next day's close× = realized ÷ implied
2-quarter memory
Q2 FY26 · reported 0.04 · rev $64M
record note

The note composes when the report lands. Nothing is written for a quarter that hasn't been read.