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SoundHound is an emerging AI stock with an exciting future. Should you bet on it? SoundHound AI (SOUN 1.53%) stock has done very well recently. Over the past six months, shares nearly doubled. There are many great reasons for this, and it's not hard to see tremendous upside in the months and years to come. AI voice technology is an exciting place to be From 2017 to 2021, SoundHound signed dozens of major clients including Honda, Qualcomm, Pandora, Snap, Vizio, and Hyundai. All of these companies wanted to a ...

Further expanding its portfolio through inorganic ways, SOUN recently announced the acquisition of key assets from Allset, an online ordering platform that connects restaurants with local customers. The acquisition marks a significant expansion for SoundHound, enhancing its capabilities in voice AI through the integration of Allset's team and expertise. The acquisition will enable SoundHound to bolster its position in the voice commerce ecosystem, enabling seamless, voice-enabled food and drink ordering acr ...

SoundHound AI (SOUN -1.24%) initially impressed a lot of investors when it went public by merging with a special purpose acquisition company (SPAC) on April 28, 2022. It developed audio and speech-recognition services that weren't tethered to tech giants like Alphabet's Google or Microsoft. SoundHound clearly faces a lot of near-term challenges, but could it bounce back over the long term and become a trillion-dollar stock by 2050? Let's see how its business might expand and evolve over the next few decades ...

Nvidia is undoubtedly the hottest stock in tech. All eyes are on its every move, so when it disclosed a hefty position in artificial intelligence (AI) company SoundHound AI (SOUN -0.98%) last February, shares of the small-cap stock rocketed up well over 50% in a day. The stock more than tripled to its peak in March and has since cooled after the company posted somewhat disappointing numbers. Its Q4 2023 revenue of $17.2 million missed estimates of $17.8 million, while it recorded a net loss per share of $0. ...

SoundHound AI, Inc. (SOUN) closed the latest trading day at $4.05, indicating a -0.98% change from the previous session's end. The stock trailed the S&P 500, which registered a daily loss of 0.25%. Meanwhile, the Dow gained 0.77%, and the Nasdaq, a tech-heavy index, lost 0.79%. The investment community will be closely monitoring the performance of SoundHound AI, Inc. in its forthcoming earnings report. It is anticipated that the company will report an EPS of -$0.09, marking a 10% rise compared to the same q ...

Allset's staff, including its founders Stas Mativiyenko and Anna Polischuk, will join the company, the company said in a statement. Allset's restaurant partnerships will also transfer to SoundHound and will have access to the company's AI voice products. Join enterprise leaders in San Francisco from July 9 to 11 for our flagship AI event. Connect with peers, explore the opportunities and challenges of Generative AI, and learn how to integrate AI applications into your industry. Register Now Expanding voice ...

SoundHound AI (NASDAQ: SOUN) stock price has been left in the dust by Nvidia and the broader market in the past three months. After peaking at over $10, it has crashed by more than 60% to the current $4. It has also tumbled to its lowest level since April 25th. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. Left behind by Nvidia Copy link to section SoundHound AI, a company that was formed in 2005, came into the spotlight earlier this year after Nvi ...

Over the past month, shares of this company have returned -21.7%, compared to the Zacks S&P 500 composite's +3.3% change. During this period, the Zacks Computers - IT Services industry, which SoundHound AI falls in, has lost 3.7%. The key question now is: What could be the stock's future direction? Revisions to Earnings Estimates Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings ...

Artificial intelligence stock SoundHound AI (NASDAQ:SOUN) is up 117% in 2024. That's a remarkable performance after the voice recognition specialist grew nearly 20% the year before. It used the proceeds to pay down all of its debt, some $100 million worth, and is now left in an excellent financial position. Although still a money-losing business, does its newly found financial freedom make the stock a buy? Especially after the run-up in its shares? While it reported a loss of 7 cents per share in the fourth ...