In the third quarter (for the period ended Sept. 30), SoundHound AI posted revenue of $25.1 million, an 89% year-over-year increase. The company now serves more than 200 enterprise-level customers, showcasing its diversifying business mix. For the full year, SoundHound AI expects revenue of around $84 million, marking an 83% jump from 2023.
However, what goes up often comes down, but H.C. Wainwright analyst Scott Buck thinks SoundHound stock has enough fuel in the tank to climb higher. On Dec. 23, he raised his bank's price target to $26 per share and maintained his buy rating. The new target implies a gain of 19.5% from SoundHound's closing price on Dec. 22.
SoundHound AI Inc (NASDAQ:SOUN) shares are trading lower Tuesday, pulling back from recent strength. The rally really accelerated in November when the company reported strong earnings. Here's what you need to know.
SoundHound Chief Financial Officer Nitesh Sharan is participating in a conference call hosted by Northland Wednesday afternoon
SoundHound AI (NASDAQ:SOUN) stock has been a major beneficiary of the market’s infatuation with all things AI. That is clearly evident in the
SoundHound AI ($SOUN) has been among the best stocks over the past 12 months. Up 926%, it’s topped only by a few companies, notably those in
SoundHound AI stock nabbed a price-target hike as a Wall Street analyst sees increasing demand for the company's conversational voice AI technology.
Analysts have set 12-month price targets for SoundHound AI, revealing an average target of $12.64, a high estimate of $26.00, and a low estimate of $7.00. This upward trend is apparent, with the current average reflecting a 53.96% increase from the previous average price target of $8.21.
SoundHound AI Inc (SOUN) stock saw a modest uptick, ending the day at $21.75 which represents a slight increase of $2.90 or 15.38% from the prior close of $18.85. The stock opened at $18.2 and touched a low of $17.
When looking at artificial intelligence (AI) stocks with market caps of less than $10 billion, two prominent names are SoundHound AI (NASDAQ: SOUN) and BigBear.ai (NYSE: BBAI). Although both ...
What does SoundHound AI do? In a nutshell, SoundHound AI is a voice AI company, meaning it develops software that helps humans communicate with AI models. Most people are familiar with how this works.
The stock also benefited significantly from a bullish report from Wedbush analyst Dan Ives, who raised the company's target price from $10 to $22. Palantir Technologies' (NASDAQ: PLTR) stock posted remarkable gains of almost 385% in 2024,