SoundHound AI, Inc. (SOUN)
| Market Cap | 1.30B |
| Revenue (ttm) | 50.76M |
| Net Income (ttm) | -94.70M |
| Shares Out | 329.17M |
| EPS (ttm) | -0.38 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 7,573,970 |
| Open | 3.880 |
| Previous Close | 3.890 |
| Day's Range | 3.880 - 4.080 |
| 52-Week Range | 1.490 - 10.250 |
| Beta | 3.24 |
| Analysts | Buy |
| Price Target | 6.88 (+74.62%) |
| Earnings Date | Aug 6, 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 $6.88, which is an increase of 74.62% from the latest price.
News
SoundHound AI Completes Conversion of Preferred Equity into Class A Common Stock
SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced that all existing shares of series A preferred stock will au...
SoundHound buys Allset to bring AI voice ordering to more drive-throughs
AI voice company SoundHound acquires Allset to expand its reach to more restaurants and build a voice-powered ordering platform.
SoundHound AI Acquires Ordering Platform Allset to Fast-Track Its Vision of a Voice Commerce Ecosystem
SANTA CLARA, Calif., & LOS ANGELES--(BUSINESS WIRE)---- $SOUN #acquisition--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced the acquisition of key...
Here's why the SoundHound stock price has nosedived
SoundHound AI (NASDAQ: SOUN) stock price has been left in the dust by Nvidia and the broader market in the past three months. After peaking at over $10, it has crashed by more than 60% to the current ...
SoundHound AI prepays debt in full
SoundHound AI (NASDAQ: SOUN) share price is in the green this morning after the company said it prepaid its debt in full.
SoundHound AI Announces Early Debt Pay Off, Robust Cash Position, and Strengthened Financial Profile
SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced that it reached an agreement with its lenders to prepay its ...
Nvidia Owns These 4 Stocks. Here's How They're Doing.
Nvidia has been one of the best-performing stocks on Wall Street since 2023, amassing holdings in four companies along the way.
SMCI, SOUN, C3.ai (AI) stocks brace for a crucial week
SoundHound (NASDAQ: SOUN), Super Micro Computer (SMCI), and C3.ai (AI) stock prices will be in focus this week as Nvidia (NVDA) publishes its financial results on Wednesday. These results will provide...
Klarman's Baupost Group Buys Stake in SoundHound, Cuts Position in Warner Bros Discovery
Billionaire Seth Klarman's Baupost Group hedge fund entered a position in artificial intelligence (AI)-powered voice and speech recognition company SoundHound AI (SOUN) in the first quarter while shar...
This billionaire just bought SoundHound stock: should you?
SoundHound AI (NASDAQ: SOUN) stock price is crawling back after tumbling hard between March and April when it moved from $10.25 to $3.52. It has now rebounded by 50% as investors buy the dip, giving i...
Tech Stocks on the Move Today: TSMC, SoundHound AI, and More
Tech stocks gained in intraday trading Friday, with the S&P 500 Information Technology Sector Index up 0.5% as of 2:45 p.m. ET. The broader S&P 500 was little changed, while the tech-heavy Nasdaq was ...
SoundHound Soars After Earnings, Announces Voice Search Partnership
For the March quarter, the company posted revenue of $11.6 million, up 73% from a year earlier.
SoundHound Stock Surges as Demand for Voice AI Tools Boosts Revenue, Guidance
SoundHound AI (SOUN) shares surged more than 14% in Thursday's extended-hours trading session after the company topped quarterly revenue estimates and upped its full-year sales guidance amid growing d...
SoundHound's losses exceed its revenue, but demand for voice AI is picking up
SoundHound AI Inc. continued to lose more money than it hauled in as revenue during the latest quarter, but the artificial-intelligence company beat estimates on the top line Thursday.
SoundHound Q1 revenue jumps 73%, tops expectations
SoundHound AI Inc (NASDAQ: SOUN) is trending up in extended hours on Thursday after coming in ahead of Street estimates for its fiscal Q1. This is a developing story.
SoundHound AI Reports 73% Q1 Revenue Growth to $11.6 Million; First Quarter Closes With $226 Million in Cash
SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today reported its financial results for the first quarter 2024. “Our first ...
SoundHound AI and Perplexity Partner to Bring Online LLMs to Next Gen Voice Assistants Across Cars and IoT Devices
SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #AI--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced that it has partnered with Perplexity, the con...
SoundHound AI To Report 2024 First Quarter Financial Results, Host Conference Call and Webcast on May 9
SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced that it will report its 2024 first quarter financial results...
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...
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.
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.
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.
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?
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.
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...