Analyst Price Target is $56.00
▲ +2.21% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Nuance Communications in the last 3 months. The average price target is $56.00, with a high forecast of $56.00 and a low forecast of $56.00. The average price target represents a 2.21% upside from the last price of $54.79.
Current Consensus is
The current consensus among 4 investment analysts is to hold stock in Nuance Communications. This rating has held steady since November 2021, when it changed from a Buy consensus rating.
Nuance Communications, Inc. engages in the provision of conversational artificial intelligence (AI) and ambient clinical intelligence services. It offers a wide range of products and services, including clinical documentation, solutions for clinicians, radiologists and care teams, as well as intelligent customer engagement, and security and biometric solutions for brands. It operates through the following segments: Healthcare, Enterprise, Other, and Corporate. The Healthcare segment covers intelligent systems that support a more natural and insightful approach to clinical documentation, freeing clinicians to spend more time caring for patients and helping care teams and health organizations drive meaningful financial and clinical outcomes. The Enterprise segment caters AAI-powered intelligent customer engagement solutions and service. The Other segment consists of voicemail transcription services. The company was founded in March 1992 and is headquartered in Burlington, MA.