SoundHound AI, Inc. (SOUN)

NASDAQ: SOUN · IEX Real-Time Price · USD
3.550
-0.280 (-7.31%)
At close: Apr 19, 2024, 4:00 PM
3.230
-0.320 (-9.01%)
After-hours: Apr 19, 2024, 7:59 PM EDT
-7.31%
Market Cap 1.10B
Revenue (ttm) 45.87M
Net Income (ttm) -91.71M
Shares Out 309.11M
EPS (ttm) -0.40
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 21,485,056
Open 3.800
Previous Close 3.830
Day's Range 3.510 - 3.890
52-Week Range 1.490 - 10.250
Beta n/a
Analysts Buy
Price Target 6.88 (+93.8%)
Earnings Date May 9, 2024

About SOUN

SoundHound AI, Inc. develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software developm... [Read more]

Sector Technology
Founded 2005
Employees 260
Stock Exchange NASDAQ
Ticker Symbol SOUN
Full Company Profile

Financial Performance

In 2023, SoundHound AI's revenue was $45.87 million, an increase of 47.36% compared to the previous year's $31.13 million. Losses were -$91.71 million, -21.42% less than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for SOUN stock is "Buy." The 12-month stock price forecast is $6.88, which is an increase of 93.80% from the latest price.

Price Target
$6.88
(93.80% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SoundHound AI stock price crash erases $1.5 billion in value

The SoundHound AI (NASDAQ: SOUN) stock price has been in a freefall since March as the artificial intelligence (AI) fatigue continues. It has crashed from the year-to-date high of $10.23 in March to a...

3 days ago - Invezz

SoundHound AI Sinks Following Stock Sale Announcement

The recent big run-up of SoundHound AI (SOUN) shares continued to erode Wednesday after the provider of artificial intelligence (AI) products for speech and sound recognition announced a stock sale.

9 days ago - Investopedia

SoundHound AI Stock Is Having a Great Year. Why It's Falling Today.

The AI voice technology company announced plans to sell up to $150 million of stock.

9 days ago - Barrons

SoundHound plans to sell stock after big rally, and its shares are sliding

SoundHound AI Inc. shares are under pressure in Wednesday's early trading after the conversational artificial-intelligence company announced an intention to sell stock.

9 days ago - Market Watch

SoundHound stock is down 10% on Wednesday: here's why

Shares of SoundHound AI Inc (NASDAQ: SOUN) are down 10% this morning after the speech recognition company announced an “Equity Distribution Agreement”. How many shares will SoundHound sell?

9 days ago - Invezz

SoundHound stock: Ladenburg analyst shrugs off recent short seller report

A near 45% decline in SoundHound AI Inc (NASDAQ: SOUN) is an opportunity to build a position in quality name with significant potential for upside, says a Ladenburg Thalmann analyst.

15 days ago - Invezz

First for Japan as SoundHound AI's Voice Assistant With Integrated ChatGPT Launches in Stellantis DS Automobiles

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #AI--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced that its voice assistant with integrated ChatG...

25 days ago - Business Wire

Nvidia-Backed SoundHound AI Tumbled This Week on Short-Selling Report, Downgrade

Shares in SoundHound AI Inc. (SOUN) shot up after Nvidia Corp. (NVDA) disclosed a stake in the AI voice solutions provider last month, but the past few days have been less than stellar for the company...

4 weeks ago - Investopedia

SoundHound stock suffers a harsh reversal: here's the price to watch

SoundHound (NASDAQ: SOUN) stock price has suffered a harsh reversal in the past few days as profit-taking intensified. The stock crashed to $6.68 on Thursday, 35% below its highest level this month.

4 weeks ago - Invezz

SoundHound (SOUN) Benefitting From A.I. Boom

SoundHound (SOUN) develops voice A.I. and speech recognition solutions in auto, TV, and customer service segments.

4 weeks ago - Schwab Network

SoundHound to Offer On-Chip Voice AI with NVIDIA That Delivers In-Vehicle Generative AI Responses With No Connectivity Required

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #GTC24--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced an innovative in-vehicle voice assistant th...

4 weeks ago - Business Wire

Why SoundHound AI's 346% Stock Price Pop Is Too Much

SoundHound AI — the Santa Clara, Calif.- based provider of AI-powered voice technology for cars, TVs, and restaurants — has delivered a 346% return to holders of its shares since the beginning of 2024...

4 weeks ago - Forbes

Not just Soundhound, these AI stocks are also riding Nvidia wave

Following Nvidia's investment disclosure, SoundHound AI's shares have dramatically increased, tripling in value and boosting its market capitalization to $2.75 billion. The company's success is attrib...

Other symbols: NVDAARMNNOXRXRX
4 weeks ago - Invezz

SoundHound AI: The undervalued stock in Nvidia's AI crown

Nvidia has established itself as the undisputed leader in artificial intelligence stocks with a portfolio that turns promising ventures into gold. Among these glittering investments is SoundHound AI (...

5 weeks ago - Invezz

SoundHound stock analysis ahead of Nvidia's GTC Conference

SoundHound (NASDAQ: SOUN) stock price has blasted higher in 2024, helped by the recent investments by Nvidia and the strong demand for AI assets. It was trading at $8 on Tuesday, meaning that it has j...

5 weeks ago - Invezz

Buy SoundHound stock as Nvidia continues to rally – analysts recommend

Nvidia Corp (NASDAQ: NVDA) at close to $1,000 per share may not be suitable for many interested in playing the AI space but don't have a lot of capital to put on the line. If that's you, SoundHound AI...

Other symbols: NVDA
6 weeks ago - Invezz

SoundHound AI To Participate in Citizens JMP Technology Conference on March 4

SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced that it will participate in the following investor event: Ni...

7 weeks ago - Business Wire

Golden Cross Alert: SoundHound AI Stock's Positive 2024 Outlook Fueled By Nvidia Momentum - SoundHound AI (NASDAQ:SOUN)

SoundHound AI Inc SOUN stock made a Golden Cross on the price charts. While the stock is up about 250% this year, its stride has particularly been boosted since early February.

7 weeks ago - Benzinga

SoundHound AI shares fall as disappointing results temper rally

Shares of SoundHound AI Inc slumped as much as 25% on Friday after the AI voice provider posted a downbeat quarter, taking some shine off a bumper rally last month fueled by surging interest in artifi...

7 weeks ago - Reuters

SoundHound's monster stock rally cools after earnings

SoundHound AI Inc. had its first big moment in the spotlight Thursday since emerging into broader consciousness as an artificial-intelligence play, but its buzzy stock was taking a tumble.

7 weeks ago - Market Watch

SoundHound Misses on Earnings, but Growth Accelerates. Is Nvidia a Customer?

The stock of the AI voice technology company is up 87% for the week, and it remains one of the market's most actively traded issues.

7 weeks ago - Barrons

SoundHound AI Reports Record Quarter with 80% Q4 Revenue Growth to $17.1 Million; Adjusted EBITDA Improved by 80% Year-Over-Year in Q4

SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today reported its financial results for the fourth quarter and full year 20...

7 weeks ago - Business Wire

SoundHound AI (SOUN) Trades Higher After C3.ai (AI) Earnings

SoundHound AI (SOUN) reports earnings postmarket. George Tsilis previews these earnings, as SoundHound AI is trading higher after C3.ai (AI) earnings.

Other symbols: AI
7 weeks ago - Schwab Network

C3 AI, BBAI, and SOUN stocks outlook in the age of irrational exuberance

Nvidia (NASDAQ: NVDA) stock price has triggered a major animal spirit in Wall Street. The shares have jumped to over $800, a big increase since it was trading at less than $50 before the COVID-19 pand...

Other symbols: AIBBAI
7 weeks ago - Invezz

Nvidia: AI 'is bigger than the internet,' SoundHound AI Co-Founder & CEO says

Semiconductor and AI-related stocks are being lifted alongside Nvidia's (NVDA) awe-inspiring fourth-quarter earnings report. The chip giant disclosed a $3.7 million investment into voice AI and speech...

Other symbols: NVDA
2 months ago - Yahoo Finance