Nuance (NUAN) Business Transition Complete, Now the Rewards Come - Oppenheimer

Canaccord Genuity Raises Price target on Nuance Communications (NUAN) Following 4Q

Canaccord Genuity reiterated a Buy rating on Nuance Communications (NASDAQ: NUAN), and raised the price target to $22.00 (from $20.00), following the company's 4Q earnings report. NUAN reported Q4/15 non-GAAP revenue and EPS of $513.3M and $0.41, which were respectively $3.3M and $0.06 ahead of Cannaccord's estimates. Nuance provided F2016 revenue growth guidance that bracketed consensus (0-3%) and an EPS outlook that was nicely ahead at... More

Nuance Communications (NUAN) Reports 4Q Beat; FBR Capital Raises Price Target to $21

FBR Capital reiterated a Market Perform rating on Nuance Communications (NASDAQ: NUAN), and raised the price target to $21.00 (from $20.00), following the company's 4Q earnings report. Total revenue of $513.3 million beat the Streets $507.8 million estimate and came in at the high end of the company's guidance of between $497 million and $513 million. Pro forma EPS came in at $0.41, beating the Streets $0.35 estimate.

Analyst Daniel Ives commented, "Last night, November... More

Healthcare and Consumer Segments Drive Solid 4Q Results; Needham & Company Reiterates Hold on Nuance Communications (NUAN)

Needham & Company reiterated a Hold rating on Nuance Communications (NASDAQ: NUAN) following the company's 4Q earnings report. Revenue of $513 million and $0.41 EPS were both above consensus of $508 million and $0.35. The Healthcare and Consumer segments drove results, while the Enterprise and Imaging businesses continue to... More

Leerink Boosts PT on Nuance Communications (NUAN) to $21 Following Q4 Results, Strong Outlook

Leerink is raising its price target on Outperform-rated Nuance Communications (Nasdaq: NUAN) from $19 to $21 following Q4 results and solid FY16 guidance issued Monday night.

Analyst Steven Wardell noted positives and negatives from the quarter:

Positives -

Nuance Communications (NUAN) Issues Q1, FY16 Guidance

Nuance Communications (NASDAQ: NUAN) sees Q116 adjusted EPS of $0.31 - $0.33 and revenue of $486 - $498 million, versus the consensus at $491 million.

The company sees $1.35 - $1.45, versus the Street at $1.38. NUAN also sees FY16 revenue of $1.98 - $2.03 billion, with the consensus at EPS of $0.31 and revenue of $2.01 billion.