SoundHound AI(SOUN)

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SOUN, SOUNW DEADLINE TUESDAY: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages SoundHound AI, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important May 27 Deadline in Securities Class Action – SOUN, SOUNW
GlobeNewswire News Room· 2025-05-25 16:20
Core Viewpoint - Rosen Law Firm is reminding investors who purchased SoundHound AI, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The Class Period for the SoundHound securities is from May 10, 2024, to March 3, 2025, inclusive [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court by May 27, 2025, to serve as lead plaintiff [2]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [3]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [3]. - In 2019, the firm secured over $438 million for investors [3]. Group 3: Case Allegations - The lawsuit alleges that SoundHound made false and misleading statements regarding its internal controls over financial reporting, which affected its ability to account for corporate acquisitions [4]. - Specific claims include the overstatement of remediated weaknesses in internal controls and inflated reported goodwill following the Amelia Acquisition [4]. - The lawsuit asserts that these issues increased the risk of delayed financial report filings with the SEC, leading to investor damages when the true details emerged [4].
3 Brilliant Stocks to Buy With $200 and Hold for 5 Years
The Motley Fool· 2025-05-25 11:15
Market Overview - The U.S. equity market has faced high volatility in 2025 due to aggressive tariff policies, ongoing trade wars, rising interest rates, and changing investor behaviors, but this has also created opportunities for acquiring reasonably priced, high-quality stocks [1] Palantir Technologies - Palantir Technologies' data mining and analytics platform helps organizations manage vast amounts of data to generate actionable insights [4] - In the first quarter, Palantir's revenue rose 39% year over year to $884 million, with U.S. revenue growing 55% year over year, now accounting for nearly 71% of total business [5] - The U.S. commercial business has crossed a $1 billion annual revenue run rate in the first quarter [5] - Palantir's Artificial Intelligence Platform (AIP) positions the company as a provider of a major ontology and AI-powered operating system for enterprises and government agencies [6] - Unlike other AI companies, Palantir focuses on AI implementations, translating large language model capabilities into business outcomes, enabling clients to build autonomous AI agents [7] - Strong customer adoption is evident, with Walgreens Boots Alliance automating 384 billion daily decisions across 4,000 stores in eight months, and American International Group expecting its five-year CAGR to double after adopting Palantir's technology [8] - Despite a high valuation of 208 times forward earnings, Palantir's implementation-focused AI strategy and strong customer demand present a long-term investment opportunity [9] SoundHound AI - SoundHound AI's revenue surged 151% year over year to $29.1 million, with no single customer accounting for more than 10% of total revenue, indicating a well-diversified business [10] - The company has established a competitive moat with its proprietary Polaris foundation model, supporting 30 languages and significantly improving performance metrics [11] - Strategic acquisitions have expanded SoundHound's reach to nearly 13,000 restaurants and opened new cross-selling opportunities [12] - The introduction of a voice commerce ecosystem integrating conversational AI in vehicles has generated significant interest from automakers, potentially becoming a substantial revenue stream [12] - SoundHound's stock is down nearly 60% from its all-time high, presenting a potential buying opportunity [13] UiPath - UiPath's shares are down nearly 86% from their all-time high in May 2021, despite strong fundamentals [14] - The company's recent earnings were slightly below analyst estimates due to timing issues in government business deal closures [14] - UiPath's pivot toward agentic AI could serve as a long-term catalyst, with strong adoption trends for its agentic AI products [15] - The company has robust customer metrics, including a dollar-based gross retention rate of 98% and a dollar-based net retention rate of 110% in the fourth quarter [17] - High-value customers spending over $1 million in annual recurring revenue increased by 10% year over year, while those spending $5 million or more increased by 30% [17] - UiPath maintains a strong balance sheet with $1.7 billion in cash and zero debt, and trades at only 4.6 times sales, significantly lower than its three-year average of 6.9 times, making it a worthwhile investment despite recent growth slowdowns [18]
With SoundHound AI Stock Down 41%, Should You Buy the Dip?
The Motley Fool· 2025-05-24 12:30
SoundHound AI (SOUN 0.42%) had a terrific 2024. Last year, shares spiked in value by more than 800%. So far in 2025, it's been a different story, with shares losing more than 40% over a span of just five months. And yet when you look at analyst expectations for revenue growth, the picture looks extremely rosy, with 87% sales growth expected this year.Could this be your chance to buy into a high-growth AI stock on the cheap? Yes, but there are two risks you'll want to understand before jumping in.SoundHound ...
Can a $10,000 Investment in SoundHound AI Turn Into $1 Million by 2035?
The Motley Fool· 2025-05-24 10:15
Group 1 - The core argument is that SoundHound AI is positioned within the booming artificial intelligence sector, which could potentially allow it to grow significantly over the next decade [1][4]. - To turn an initial investment of $10,000 into $1 million, SoundHound AI would need to grow its valuation from $4 billion to $400 billion, which is comparable to major companies like Netflix and Oracle [4][6]. - The market has shown substantial growth over the past decade, with expectations that it could double every seven years, suggesting that SoundHound AI could aim for a valuation around $150 billion instead of $400 billion [6][7]. Group 2 - SoundHound AI is currently experiencing rapid growth, with a year-over-year revenue increase of 151%, reaching $29 million in Q1 [9][12]. - To achieve a 100-times growth in valuation over the next decade, SoundHound AI would need to maintain a compound annual growth rate (CAGR) of 59% [10][13]. - Management projects a revenue increase of 97% by 2025, indicating that the company is on track to meet the minimum growth threshold required for significant valuation growth [13][14]. Group 3 - SoundHound AI's stock is currently valued at 36 times sales, which is higher than the average for most software stocks, reflecting its rapid growth rate [12]. - Despite the challenges of sustaining high growth over a long period, SoundHound AI remains a strong contender in the AI industry, making it a potential investment opportunity [14].
SoundHound AI, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. May 27, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-05-23 21:34
Core Viewpoint - A class action lawsuit has been filed against SoundHound AI, Inc. for allegedly making false or misleading statements and failing to disclose critical information during the specified Class Period from May 10, 2024, to March 3, 2025 [1][3]. Group 1: Allegations of the Lawsuit - The lawsuit claims that SoundHound had material weaknesses in its internal controls over financial reporting, which affected its ability to account for corporate acquisitions [3]. - It is alleged that SoundHound overstated its remediation efforts regarding these internal control weaknesses [3]. - The reported goodwill from the acquisition of Amelia Holdings, Inc. was inflated and would require correction due to these weaknesses [3]. - SoundHound is expected to need additional time and resources to accurately account for its acquisitions of SYNQ3 and Amelia [3]. - The issues raised in the lawsuit increased the risk of SoundHound failing to file certain financial reports with the U.S. Securities and Exchange Commission on time [3]. Group 2: Impact of Disclosure - On March 4, 2025, SoundHound announced it would be unable to file its annual report for 2024 on time, citing the complexity of accounting for the SYNQ3 and Amelia acquisitions [4]. - The company acknowledged the identification of material weaknesses in its internal control over financial reporting during this announcement [4]. - Following this disclosure, SoundHound's stock price experienced a nearly 6% decline [4].
SOUN Deadline: SOUN Investors with Losses in Excess of $100K Have Opportunity to Lead SoundHound AI, Inc. Securities Fraud Lawsuit
Prnewswire· 2025-05-23 18:04
NEW YORK, May 23, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of SoundHound AI, Inc. (NASDAQ: SOUN, SOUNW) between May 10, 2024 and March 3, 2025, both dates inclusive (the "Class Period"), of the important May 27, 2025 lead plaintiff deadline.So what: If you purchased SoundHound securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.What t ...
INVESTOR DEADLINE TUESDAY: SoundHound AI, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - SOUN
Prnewswire· 2025-05-23 08:30
SAN DIEGO, May 23, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of SoundHound AI, Inc. (NASDAQ: SOUN) securities between May 10, 2024 and March 3, 2025, all dates inclusive (the "Class Period"), have until Tuesday, May 27, 2025 to seek appointment as lead plaintiff of the SoundHound class action lawsuit. Captioned Liles v. SoundHound AI, Inc., No. 25-cv-02915 (N.D. Cal.), the SoundHound class action lawsuit charges SoundHound as well as certain of SoundHound' ...
SOUN Lead Plaintiff Deadline Coming Up on May 27, 2025 - SoundHound AI, Inc. Investors Should Contact Robbins LLP for Information
GlobeNewswire News Room· 2025-05-22 19:41
Core Viewpoint - A class action lawsuit has been filed against SoundHound AI, Inc. for failing to disclose material weaknesses in its internal controls over financial reporting, particularly related to corporate acquisitions [1][2]. Group 1: Allegations - The lawsuit alleges that SoundHound did not disclose material weaknesses in its internal controls, which impaired its ability to account for corporate acquisitions [2]. - It is claimed that the company overstated its remediation efforts regarding these internal control weaknesses [2]. - The reported goodwill following the Amelia Acquisition was inflated and would require correction due to these weaknesses [2]. - SoundHound is expected to incur additional time and costs to account for the SYNQ3 and Amelia Acquisitions [2]. - The weaknesses increased the risk of the company being unable to file certain financial reports with the SEC in a timely manner [2]. Group 2: Stock Impact - On March 4, 2025, SoundHound announced it would be unable to timely file its Annual Report for 2024, citing the complexity of accounting for the SYNQ3 and Amelia Acquisitions [3]. - Following this announcement, SoundHound's stock price fell by $0.61, or 5.86%, closing at $9.72 per share [3]. Group 3: Class Action Participation - Shareholders may be eligible to participate in the class action against SoundHound AI, Inc. and can contact Robbins LLP if they wish to serve as lead plaintiff [4]. - Shareholders do not need to participate in the case to be eligible for recovery and can remain absent class members if they choose [4]. Group 4: Company Background - Robbins LLP is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses and improve corporate governance since 2002 [5].
Shareholders that lost money on SoundHound AI, Inc. (SOUN) should contact Levi & Korsinsky about pending Class Action - SOUN
GlobeNewswire News Room· 2025-05-22 17:45
NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in SoundHound AI, Inc. ("SoundHound AI, Inc." or the "Company") (NASDAQ: SOUN) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of SoundHound AI, Inc. investors who were adversely affected by alleged securities fraud between May 10, 2024 and March 3, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/soundh ...
SoundHound AI's High Growth Story Still Compelling - More Upside Ahead
Seeking Alpha· 2025-05-22 15:30
I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have a beneficial long position in the shares of AMZN either through stock ownership, options, or other derivatives. I wrote this article myse ...