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.

Many analysts weighed in on price targets for NUAN. The most optimistic analyst gave a price target of 26, implying a possible profit of 49.77 percent. The lowest price target was 18, which equates to a potential downside of 3.69 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average 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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -6.81 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -30.91 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 4 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 4 analysts that revised their FY estimates downwards.

In the last 52-weeks, NUAN has achieved a high of 19.93 and a low of 13.44. Today's price is 29.17 percent above the 52-week low, 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.