SoundHound AI, Inc. (SOUN)
| Market Cap | 8.04B |
| Revenue (ttm) | 67.30M |
| Net Income (ttm) | -111.07M |
| Shares Out | 369.75M |
| EPS (ttm) | -0.36 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 114,010,284 |
| Open | 18.20 |
| Previous Close | 18.86 |
| Day's Range | 17.13 - 21.87 |
| 52-Week Range | 1.62 - 24.08 |
| Beta | 3.41 |
| Analysts | Buy |
| Price Target | 9.92 (-54.4%) |
| Earnings Date | Nov 12, 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]
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 StatementsAnalyst Forecast
According to 6 analysts, the average rating for SOUN stock is "Buy." The 12-month stock price forecast is $9.92, which is a decrease of -54.40% from the latest price.
News
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet, Including QUBT, QBTS
Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.
SoundHound AI Soars Over 700%: Short Squeeze Potential Has Traders Talking
SoundHound AI Inc SOUN stock skyrocketed 713% this year and 173% this month.
SoundHound stock price is soaring: more upside?
SoundHound stock price has gone parabolic this month and is nearing its all-time high as demand for its solutions rise. SOUN was trading at $17, its highest point since May 2022, and 1,040% above its ...
Top 3 Tech Stocks That May Collapse This Quarter
As of Dec. 13, 2024, three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
SoundHound AI's Amelia Platform Recognized as Frost Radar™ Leader in Enterprise Conversational AI in Healthcare 2024
SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #ConversationalAI--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced that its Amelia Conversational A...
SoundHound AI Supports Church's Texas Chicken® to Power Voice AI Ordering at the Drive-Thru
SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #QSR--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced details of a deal with Church's Texas Chicken...
SoundHound AI: Redefining Business With AI Customer Service Becoming A Critical Utility
SoundHound AI is a leader in conversational AI, rapidly expanding in both enterprise and consumer markets, notably in restaurants and electric vehicles. The company's in-house developed AI model, Pola...
SoundHound AI: The Voice Behind Restaurant Revolution
Initially skeptical, I now see SoundHound's big potential in the QSR industry, with partnerships already secured with 7 of the top 20 global QSR brands and over 10,000 restaurant deployments. I see si...
This is the best-performing AI stock this year and it isn't even close (and it's not Nvidia)
This company may not have spent as much time in the spotlight as AI chip powerhouse Nvidia, but its stock has soared in 2024.
SoundHound AI Stock Up 564% YTD: Can Bullish Streak Keep Playing?
SoundHound AI Inc SOUN has been stealing the show in the stock market with a jaw-dropping 564% gain year-to-date. The stock's trajectory has been up, fueled by optimism over its voice AI technology.
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.
SoundHound stock soars to record high of $13 on Torchy's Tacos AI Deal
SoundHound AI Inc (NASDAQ: SOUN) rallied another 30% to an all-time high of $13.12 today after Torchy's Tacos said it has deployed its AI Smart Ordering across all 130 of its locations. The fast-food ...
Torchy's Tacos Debuts SoundHound's Voice AI Phone Ordering Across All Locations
SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #RestaurantTech--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, and Torchy's Tacos, the cult-favorite taco chain k...
SoundHound AI To Participate in Investor Conferences in December
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 conferenc...
SoundHound CEO wants SOUN to be in ‘all the enterprise brands'
SoundHound AI Inc (NASDAQ: SOUN) chief executive Keyvan Mohajer wants his company to be in “all the enterprise brands”. The artificial intelligence enabled speech recognition company, he's convinced, ...
The Perfect Trade For This AI "Short Squeeze"
Soundhound AI (SOUN) has been soaring lately with news of voice AI integration, but a recent Benzinga article on highlights the steep rise in short interest – a whopping 24% of all regular shares are ...
Why SoundHound's Risk Profile Is Improving
SoundHound's Q3 revenue reached $25.1 million, up 89% YoY, driven by demand across multiple industries. Revenue reliance on the largest client dropped from 72% to 12%, diversifying and stabilizing rev...
SoundHound's Conversational AI Agents Drive Nearly 20% Productivity Increase at Apivia Courtage Contact Centers
SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #CallCenterInnovation--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, and Apivia Courtage, part of AEMA Group, one...
SoundHound AI: Monster Move May Not Be Over Yet
SoundHound AI stock's recent breakout has justified my bullish thesis. The stock has significantly outperformed the S&P 500 since my last update. SoundHound AI's upgraded outlook clarifies its ability...
SoundHound AI Delivers “Hey Kia” Voice AI Experience To India As Part of Kia Connect
SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #AutoTech--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced the expansion of its advanced voice AI t...
Nvidia-backed SoundHound AI wants to reach 'all' brands: CEO
SoundHound AI (SOUN) shares nosedived after the company, backed by chip giant Nvidia (NVDA), reported quarterly results that beat analysts' estimates but showed declining margins. SoundHound AI Co-Fou...
SoundHound AI Stock Tumbles as Margins Drop
SoundHound AI (SOUN) shares plunged 16% Wednesday, a day after the provider of artificial intelligence (AI) voice technology software reported a big drop in gross margin.
SoundHound AI: Weak Numbers Under The Surface
SoundHound AI's reported growth is misleading; pro forma revenues actually declined 10% in Q3, revealing underlying business weaknesses. The Amelia acquisition contributed far more to revenue targets ...
SoundHound: Expensive Valuation Amid Cash Burn And Competitive Pressures (Rating Downgrade)
SoundHound's stock has risen approximately 90% since February, influenced by NVIDIA's disclosed investment. In Q3 2024, SoundHound reported an 89% year-over-year revenue increase to $25.1 million. The...