Analyst Ratings for Nuance Communications Inc. (NUAN)

Updated: 2017-07-27

Nuance Communications Inc. (NASDAQ:NUAN) was awarded an average rating of Overweight from investment analysts following the stock. NUAN had previously received a consensus rating of Overweight a month ago.

6 analysts declared NUAN a buy, 0 gave an overweight rating, 3 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for NUAN. The maximum price target given was 26, which equates to a potential upside of 49.77 percent. The most pessimistic price target was 18, which equates to a potential downside of 3.69 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -8.71 percent. That number becomes -33.56 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -6.81 percent. If we look at the last 90 days instead, we find a net average change of -30.91 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 4 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 4 analysts made negative revisions to their fiscal year's estimates.

NUAN has traded between a high of 19.93 and a low of 13.44 over the past year. The current market price is above the trailing year's low by 29.17 percent, and 12.9 percent below the high. NUAN has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The NUAN value stock report compares NUAN to some of its peers using value stock charts. The market cap of NUAN is $4.99 billion. NUAN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.