SoundHound AI, Inc. (SOUN)

NASDAQ: SOUN · IEX Real-Time Price · USD
2.90
-0.04 (-1.36%)
At close: Jun 2, 2023, 4:00 PM
2.92
+0.02 (0.69%)
After-hours: Jun 2, 2023, 7:58 PM EDT
-1.36%
Market Cap 629.16M
Revenue (ttm) 33.55M
Net Income (ttm) -116.64M
Shares Out 216.95M
EPS (ttm) -0.61
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 4,747,762
Open 2.91
Previous Close 2.94
Day's Range 2.86 - 3.00
52-Week Range 0.93 - 8.30
Beta n/a
Analysts Buy
Price Target 4.90 (+68.97%)
Earnings Date May 11, 2023

About SOUN

SoundHound AI, Inc. develops independent voice artificial intelligence (AI) platform that enables businesses across 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 automatic speech recognition, natural language understanding, wake words, custom domains, text-to-speech, and embedded voice solutions The company is headquartered in Santa Clara, California. [Read more]

Sector Technology
Founded 2005
Employees 430
Stock Exchange NASDAQ
Ticker Symbol SOUN
Full Company Profile

Financial Performance

In 2022, SoundHound AI's revenue was $31.13 million, an increase of 46.86% compared to the previous year's $21.20 million. Losses were -$115.37 million, 45.1% more than in 2021.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SOUN stock is "Buy." The 12-month stock price forecast is $4.9, which is an increase of 68.97% from the latest price.

Price Target
$4.9
(68.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AI Stocks Sell Off With C3.ai Earnings Coming Up

Software firm C3.ai reports earnings after the close Wednesday, one day after a 33% spike in the company's share price amid an investor frenzy for artificial-intelligence stocks.

Other symbols: AIPLTR
2 days ago - Barrons

Keep An Eye On These 5 Small-Cap AI Companies

Over Memorial Day weekend, one of the hot topics sparking conversation, the difference in opinions and debate would have been Artificial Intelligence (AI). In that regard, it resembles the Bitcoin cra...

Other symbols: NVDABBAIINODMARK
3 days ago - MarketBeat

AI predicted to be next big tech boom by Goldman Sachs

Interactive Brokers Chief Strategist Steve Sosnick joins Yahoo Finance Live anchors to discuss AI profit within the next decade, predicted by Goldman Sachs.

Other symbols: AIBBAIMSFT
1 week ago - Yahoo Finance
}

SoundHound AI Reports First Quarter Revenue Increase of 56%

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #AI--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today reported its financial results for the first quarter of ...

3 weeks ago - Business Wire

SoundHound Voice AI Now Available on Oracle Cloud Marketplace

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #AI--SoundHound AI, Inc. (Nasdaq: SOUN) (“SoundHound”), a global leader in voice artificial intelligence, and a member of Oracle PartnerNetwork (OPN), to...

1 month ago - Business Wire

SoundHound AI To Report 2023 First Quarter Financial Results, Host Conference Call and Webcast on May 11

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #AI--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, announced today that it will report its 2023 first quarter fin...

1 month ago - Business Wire

SoundHound Launches Chat AI For Automotive As Study Finds 50% Of Regular Drivers Likely To Use Generative AI Capabilities

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #automotive--SoundHound AI, Inc. (Nasdaq: SOUN) (“SoundHound”), a global leader in voice artificial intelligence, today launched SoundHound Chat AI for A...

1 month ago - Business Wire

SoundHound Lands $100 Million in Financing as AI Takes Off

SoundHound AI is hoping new financing will help it capitalize on the artificial intelligence boom. The voice artificial intelligence (AI) company announced Monday (April 17) it had closed a new $125 m...

1 month ago - PYMNTS
}

SoundHound AI Secures $100 Million in Strategic Financing From Atlas Credit Partners

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN--SoundHound AI, Inc. (Nasdaq: SOUN) (“SoundHound AI”), a global leader in voice artificial intelligence, today announced that it closed a new $125 millio...

1 month ago - Business Wire

C3 AI, BigBear.ai, SoundHound: AI-related stocks fall despite strong demand

The Yahoo Finance Live team discusses the decline in stock price for some AI-related stocks.

Other symbols: AIBBAI
2 months ago - Yahoo Finance

SoundHound CEO: Conversational AI Radically Changes Consumer Expectation for Voice Assistants

The contemporary artificial intelligence (AI) gold rush is already transforming industries across the global economy. Now, businesses are looking to transform the AI economy.

2 months ago - PYMNTS

New SoundHound Chat AI Platform Uses Breakthrough Technology To Offer Powerful Voice Assistant To Businesses and Brands

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #AI--SoundHound AI, Inc. (Nasdaq: SOUN) (“SoundHound”), a global leader in voice artificial intelligence, today launched SoundHound Chat AI, a voice plat...

2 months ago - Business Wire
}

SoundHound AI Reports Strong Q4 Revenue, Up 84% Year-Over-Year

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

3 months ago - Business Wire

SoundHound AI To Report 2022 Fourth Quarter and Full Year Financial Results, Host Conference Call and Webcast on March 7

SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, announced today that it will report its 2022 fourth quarter and full year fi...

3 months ago - Business Wire

This is an A.I. arms race that's happening, says Wedbush's Dan Ives

Dan Ives of Wedbush Securities joins Frank Holland and the 'CNBC Special: Taking Stock' to discuss AI stocks. He also talks about shares of Palantir soaring today, what's behind the company's surge an...

Other symbols: AIBOTZLPSNPRO
3 months ago - CNBC Television

3 AI Stocks Trading Like It's the Dotcom Bubble

Artificial intelligence stocks are one of the hottest themes in the stock market right now, and for a good reason. Seeing the impressive power of ChatGPT, big tech firms are racing to develop the best...

Other symbols: AIBBAI
3 months ago - MarketBeat

Retail investors flock to A.I. stocks

CNBC's Kate Rooney reports on news from retail investors.

Other symbols: AIBBAIMSFTNVDA
3 months ago - CNBC Television

AI, ChatGPT mania a symptom of ‘Amazon disease'

Yahoo Finance's Myles Udland joins the Live show to discuss the investor urge to chase AI stocks.

4 months ago - Yahoo Finance

Is SoundHound Voice AI the Next Big Thing?

SoundHound AI Inc. (NASDAQ: SOUN) stock has garnered some spotlight in the artificial intelligence (AI) mania of 2023. Microsoft Co. (NASDAQ: MSFT) multi-billion dollar investment in OpenAI has rocked...

4 months ago - MarketBeat

ChatGPT frenzy continues to lift artificial intelligence stock SoundHoundAI as it soars 300% in the last month

Shares of SoundHoundAI extended gains on Tuesday, while other artificial intelligence stocks have cooled off.

4 months ago - Business Insider

SoundHound Unveils Dynamic Interaction With Generative AI

SoundHound Unveils Dynamic Interaction With Generative AI

4 months ago - Business Wire

AI stocks rally in latest Wall Street craze sparked by ChatGPT

Shares of C3.ai Inc, BigBear.ai and SoundHound AI extended a rally on Monday as artificial intelligence becomes a new buzzword on Wall Street with the viral success of ChatGPT chatbot, attracting inte...

Other symbols: AIBBAI
4 months ago - Reuters

SoundHound, the voice AI company, raises $25M after laying off 40% of staff earlier this month

AI may be getting hyped as the next billion dollar (or, much bigger) opportunity these days after that mega round for OpenAI from Microsoft, but that rising tide is not lifting all boats.

4 months ago - TechCrunch

SoundHound AI Secures New Financing to Strengthen Balance Sheet; Pre-Announces Outperformance in 2022 Results

SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced further steps to strengthen its balance sheet and fully fu...

4 months ago - Business Wire

SoundHound for Restaurants Joins the Toast Partner Ecosystem to Help More Restaurants Offer Exceptional Voice Ordering Experiences

SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN) (“SoundHound”), a global leader in voice artificial intelligence, today announced that it has joined the Toast Partner Ecosys...

5 months ago - Business Wire