SoundHound AI, Inc. (SOUN)

NASDAQ: SOUN · IEX Real-Time Price · USD
2.12
-0.11 (-4.93%)
Dec 29, 2023, 4:00 PM EST - Market closed
-4.93%
Market Cap 523.48M
Revenue (ttm) 38.23M
Net Income (ttm) -99.83M
Shares Out 246.92M
EPS (ttm) -0.46
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 8,985,095
Open 2.23
Previous Close 2.23
Day's Range 2.11 - 2.25
52-Week Range 0.97 - 5.11
Beta n/a
Analysts Strong Buy
Price Target 4.53 (+113.68%)
Earnings Date Nov 9, 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 SoundHound AI, Inc. was founded in 2005 and is headquartered in Santa Clara, C... [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 3 analysts, the average rating for SOUN stock is "Strong Buy." The 12-month stock price forecast is $4.53, which is an increase of 113.68% from the latest price.

Price Target
$4.53
(113.68% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

SoundHound AI Participated in Investor Events in December

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, participated in the following investor events in December and is m...

11 days ago - Business Wire

SoundHound Pays $25 Million for Restaurant AI Firm SYNQ3

SoundHound is acquiring SYNQ3, a company providing restaurants with voice artificial intelligence (AI). “The deal will make SoundHound the preeminent U.S.

24 days ago - PYMNTS

SoundHound AI to Acquire SYNQ3 to Expand Its AI Customer Service Solutions and Create the Largest Voice AI Provider for Restaurants

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #AI--SoundHound AI, Inc. (Nasdaq: SOUN) announced a definitive merger agreement to acquire SYNQ3 Restaurant Solutions.

24 days ago - Business Wire

SoundHound AI Announces New Employee Assist Voice AI Product for Restaurants

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #AI--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced that it is now offering Employee Assist, a new...

6 weeks ago - Business Wire

SoundHound AI Reports Record Third Quarter, Revenue Increases to $13.3 Million, Adjusted EBITDA Improves 57% Year Over Year

SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today reported its financial results for the third quarter of 2023. The fina...

7 weeks ago - Business Wire

SoundHound AI To Report 2023 Third Quarter Financial Results, Host Conference Call and Webcast on November 9

SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, announced that it will report its 2023 third quarter financial results on Th...

2 months ago - Business Wire

SoundHound AI Voice-Enables New Vehicle Intelligence Domain For Instant Hands-Free Access To Car Manual

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #carmanual--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced a new Vehicle Intelligence domain that ...

2 months ago - Business Wire

Samsung Partners With SoundHound and White Castle to Revolutionize Voice AI Drive-Thrus With Next-Gen Display Technology

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #AI--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence (AI), and Samsung Electronics today announced that they will be...

3 months ago - Business Wire

SoundHound and Olo Partner to Provide Voice AI Ordering to Restaurants

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #restaurantAI--SoundHound AI, Inc (Nasdaq: SOUN) (“SoundHound”), a global leader in voice artificial intelligence, today announced that it has integrated...

Other symbols: OLO
3 months ago - Business Wire

SoundHound AI Appoints PwC as Auditor

SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced the appointment of PricewaterhouseCoopers LLP ("PwC") as the...

3 months ago - Business Wire

SoundHound AI To Participate in Investor Events in September

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

4 months ago - Business Wire

SoundHound Joins Forces With ChowNow To Ensure Restaurants Never Miss A Call

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #AI--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced it is joining forces with ChowNow, the leading...

4 months ago - Business Wire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of SoundHound AI, Inc. - SOUN

NEW YORK , Aug. 18, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of SoundHound AI, Inc. ("SoundHound" or the "Company") (NASDAQ: SOUN). Such investors are advised ...

4 months ago - PRNewsWire

8 Best Artificial Intelligence Stocks Under $10

Looking for the best AI stocks to buy now? You might have to get in line — artificial intelligence is one of 2023's hottest market trends, and several companies in the industry have already seen massi...

4 months ago - MarketBeat

ROSEN, A LEADING LAW FIRM, Encourages SoundHound AI, Inc. Investors to Inquire About Securities Class Action Investigation - SOUN

NEW YORK , Aug. 17, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of SoundHound AI, Inc. (...

4 months ago - PRNewsWire

SoundHound Collaborates with Togg to Deliver Voice AI Experience to New Smart Vehicles

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #AI--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced its advanced AI technology, including innovati...

4 months ago - Business Wire

SoundHound AI Launches Fully Automated Smart Answering Service That Lets Any Business Handle Customer Service Calls With Voice AI

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #conversationalAI--SoundHound AI, Inc. (Nasdaq: SOUN) (“SoundHound”), a global leader in voice artificial intelligence, today announced that its fully-au...

5 months ago - Business Wire

SoundHound AI Reports Second Quarter Revenue Increase of 42%, Adjusted EBITDA Improves 50%, Strong Increase in Cash Position, Investment in Generative AI Foundation Model

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #Q2--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today reported its financial results for the second quarter of...

5 months ago - Business Wire

ROSEN, LEADING INVESTOR COUNSEL, Encourages SoundHound AI, Inc. Investors to Inquire About Securities Class Action Investigation - SOUN

NEW YORK , Aug. 4, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of SoundHound AI, In...

5 months ago - PRNewsWire

SoundHound and White Castle Commit to Expand Successful Drive-Thru AI Partnership

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #QSR--SoundHound AI, Inc. (Nasdaq: SOUN) (“SoundHound”), a global leader in voice artificial intelligence, and White Castle, America's first fast-food ha...

5 months ago - Business Wire

SOUN LOSS ALERT: ROSEN, SKILLED INVESTOR COUNSEL, Encourages SoundHound AI, Inc. Investors With Losses to Inquire About Securities Class Action Investigation – SOUN

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of SoundHound AI, Inc. (NASDAQ: S...

5 months ago - Business Wire

SoundHound AI Announces Date of 2023 Second Quarter Financial Results, Files S-3 Shelf Registration, Reports Strong Cash Position of Approximately $130 Million

SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence announced that it will report its 2023 second quarter financial results on Tu...

5 months ago - Business Wire

It's a dash for trash right now, and these lotto stocks have rocketed 86% on average

It's been a tough year for those in the business of shorting stocks, as a feared recession hasn't arrived, which has allowed the beaten-down of Corporate America to survive, if perhaps not thrive. Acc...

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Penny stocks are commonly defined as stocks that trade for less than $5 per share. Because of their low outstanding share value, penny stocks almost always carry small market capitalizations.

Other symbols: FCELOPEN
5 months ago - MarketBeat

SoundHound AI Joins Russell 2000® and Russell 3000® Indexes

SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, announced today that as part of the 2023 annual reconstitution of the Russel...

6 months ago - Business Wire