SoundHound AI, Inc. (SOUN)
NASDAQ: SOUN · IEX Real-Time Price · USD
3.945
-0.105 (-2.59%)
Jun 21, 2024, 1:43 PM EDT - Market open

SoundHound AI Statistics

Total Valuation

SoundHound AI has a market cap or net worth of $1.30 billion. The enterprise value is $1.17 billion.

Market Cap 1.30B
Enterprise Value 1.17B

Important Dates

The next estimated earnings date is Tuesday, August 6, 2024, after market close.

Earnings Date Aug 6, 2024
Ex-Dividend Date n/a

Share Statistics

SoundHound AI has 329.17 million shares outstanding. The number of shares has increased by 39.75% in one year.

Shares Outstanding 329.17M
Shares Change (YoY) +39.75%
Shares Change (QoQ) +15.20%
Owned by Insiders (%) 1.26%
Owned by Institutions (%) 22.30%
Float 290.87M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 25.39
Forward PS 16.59
PB Ratio 8.29
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 23.00
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 8.84, with a Debt / Equity ratio of 0.58.

Current Ratio 8.84
Quick Ratio 9.28
Debt / Equity 0.58
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -3.03

Financial Efficiency

Return on equity (ROE) is -152.50% and return on invested capital (ROIC) is -27.89%.

Return on Equity (ROE) -152.50%
Return on Assets (ROA) -51.20%
Return on Capital (ROIC) -27.89%
Revenue Per Employee $195,231
Profits Per Employee -$364,227
Employee Count 260
Asset Turnover 0.27
Inventory Turnover n/a

Taxes

In the past 12 months, SoundHound AI has paid $3.88 million in taxes.

Income Tax 3.88M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +4.64% in the last 52 weeks. The beta is 3.24, so SoundHound AI's price volatility has been higher than the market average.

Beta (1Y) 3.24
52-Week Price Change +4.64%
50-Day Moving Average 4.63
200-Day Moving Average 3.38
Relative Strength Index (RSI) 32.50
Average Volume (20 Days) 16,087,830

Short Selling Information

The latest short interest is 70.26 million, so 21.34% of the outstanding shares have been sold short.

Short Interest 70.26M
Short Previous Month 67.46M
Short % of Shares Out 21.34%
Short % of Float 24.15%
Short Ratio (days to cover) 2.15

Income Statement

In the last 12 months, SoundHound AI had revenue of $50.76 million and -$94.70 million in losses. Loss per share was -$0.38.

Revenue 50.76M
Gross Profit 36.76M
Operating Income -68.60M
Pretax Income -89.26M
Net Income -94.70M
EBITDA -60.85M
EBIT -67.12M
Loss Per Share -$0.38
Full Income Statement

Balance Sheet

The company has $211.74 million in cash and $90.49 million in debt, giving a net cash position of $121.25 million or $0.37 per share.

Cash & Cash Equivalents 211.74M
Total Debt 90.49M
Net Cash 121.25M
Net Cash Per Share $0.37
Equity / Book Value 155.48M
Book Value Per Share 0.47
Working Capital 207.55M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$75.75 million and capital expenditures -$476,000, giving a free cash flow of -$76.22 million.

Operating Cash Flow -75.75M
Capital Expenditures -476,000
Free Cash Flow -76.22M
FCF Per Share -$0.27
Full Cash Flow Statement

Margins

Gross margin is 72.42%, with operating and profit margins of -135.15% and -186.56%.

Gross Margin 72.42%
Operating Margin -135.15%
Pretax Margin -175.85%
Profit Margin -186.56%
EBITDA Margin -119.88%
EBIT Margin -132.24%
FCF Margin -150.16%

Dividends & Yields

SoundHound AI does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -39.75%
Shareholder Yield -39.75%
Earnings Yield -7.35%
FCF Yield -5.91%

Analyst Forecast

The average price target for SoundHound AI is $6.88, which is 74.40% higher than the current price. The consensus rating is "Buy".

Price Target $6.88
Price Target Difference 74.40%
Analyst Consensus Buy
Analyst Count 6
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

SoundHound AI has an Altman Z-Score of 3.09 and a Piotroski F-Score of 3.

Altman Z-Score 3.09
Piotroski F-Score 3