NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against SoundHound AI, Inc. (NASDAQ:SOUN) on behalf of long-term stockholders following a class action complaint that was filed against SoundHound on March 28, 2025 with a Class Period from May 10, 2024 and March 3, 2025. Our investigation concerns whether the board of directors of SoundHound have breached their fiduciary duties to the company. Accor ...

Warren Buffett's conglomerate Berkshire Hathaway is famous for its long-term performance. Since he took over the company almost six decades ago, shares have produced annualized gains of more than 20%. Few investment vehicles in history have been able to provide this level of returns for such a long stretch of time.While it won't be easy for investors to achieve similar returns, the artificial intelligence (AI) revolution should provide some compelling opportunities. According to forecasts by Grand View Rese ...

Core Viewpoint - SoundHound AI is a promising player in the AI sector with a market capitalization of less than $4 billion, showing significant growth potential if its products continue to resonate with clients [1] Group 1: Company Overview - SoundHound AI differentiates itself by using audio inputs for AI interactions rather than traditional text inputs, similar to existing AI assistants like Siri and Alexa [2] - The company's products have been found to outperform human counterparts in specific applications, such as taking orders at drive-thru restaurants [3] Group 2: Market Potential - SoundHound AI's technology has vast potential across various sectors, including automotive, finance, and healthcare, as well as other markets where human communication is involved [4] Group 3: Financial Performance - In the first quarter, SoundHound AI reported a revenue increase of 151% year over year, totaling $29.1 million, indicating its relatively small size [4][5] - For the full year, management projects revenue between $157 million and $177 million, reflecting a 97% growth from the previous year, showcasing strong demand for its products [7] Group 4: Valuation Metrics - SoundHound AI is currently unprofitable but is investing heavily to capture market share, which is not seen as a negative [5] - The company's price-to-sales (P/S) ratio stands at 36, significantly higher than the typical range of 10 to 20 for software companies, indicating a premium valuation [8][10] - If SoundHound AI meets its revenue targets, it could be valued at 23.9 times projected 2025 sales, which remains high but could justify the valuation if growth continues [10][11]

Buying and holding onto solid companies with disruptive potential can be a winning, long-term strategy for investors. Their potential to grow at a faster pace than their peers sets the stage for impressive stock market gains.SoundHound AI (SOUN -6.79%) is one such company. Its artificial intelligence (AI) voice solutions are changing how clients handle food ordering, e-commerce, customer service, healthcare, and other functions. Each share of SoundHound is trading below $10 as of this writing, so if you hav ...

The developer of voice recognition tools is still growing like a weed. SoundHound AI (SOUN 2.32%), a developer of artificial intelligence (AI)-powered audio recognition tools, saw its stock close at a record high of $24.23 on Dec. 26, 2024. But since then, its stock has declined nearly 60%. Its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margins came in at negative 73% last year -- which broadly missed its original target of achieving a positive adjusted EBITDA margin b ...

The artificial intelligence (AI) sector has been evolving rapidly so far this year and is likely to continue influencing the stock market next year as well, so we had ChatGPT identify 2 AI stocks with the potential to turn a $100 investment into $1,000 by 2026.While a 900% return in about 7 months might seem unrealistic, the hype around AI and the two  artificial intelligence stocks that ChatGPT chose might very well make it possible.SoundHound AI (NASDAQ: SOUN)The first pick was SoundHound AI (NASDAQ: SOUN ...

SoundHound AI, Inc. (SOUN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this company have returned +8.5% over the past month versus the Zacks S&P 500 composite's +4.6% change. The Zacks Computers - IT Services industry, to which SoundHound AI belongs, has gained 2% over this period. Now the key question is: Where could the stock be headed in the near term?Although media re ...

Core Viewpoint - SoundHound AI Inc. is positioned as a potential target for a short squeeze due to high short interest and the excitement surrounding artificial intelligence, suggesting a favorable outlook for the stock in the coming months [3][6]. Group 1: Stock Performance and Short Interest - SoundHound AI's shares have 31.5% held in short positions, indicating a significant potential for a short squeeze if the stock price rises [6]. - The stock has experienced a 10.4% rally over the past month, outperforming the S&P 500 index by over 6% during that period [8]. - The current stock price is $9.85, with a 52-week high of approximately $24, suggesting the potential for substantial upside [2][9]. Group 2: Analyst Ratings and Price Forecast - The 12-month stock price forecast for SoundHound AI is $10.50, indicating a 6.74% upside based on 8 analyst ratings [10]. - Some analysts, like Scott Buck from HC Wainwright, have reiterated a Buy rating, suggesting a potential price target of up to $18 per share, which represents a 78% upside from the current price [9][10]. - The stock's price-to-book (P/B) ratio is notably high at 202x, compared to the computer sector's average of 6.8x, indicating a premium valuation [12]. Group 3: Market Sentiment and Valuation - Despite the high valuation, the market may be willing to overpay for SoundHound AI due to its perceived potential for future financial performance [11][12]. - The significant short interest could lead to increased buying pressure if the stock price rises, further enhancing the potential for a short squeeze [5][6]. - The overall market sentiment appears to favor stocks that can outperform, which may justify the current valuation despite its apparent expensiveness [13].

Group 1 - SoundHound AI, Inc. is establishing itself as a leader in voice artificial intelligence as voice interfaces are expected to become widespread [1] - The company's platform focuses on voice recognition and natural language understanding, indicating a strong position in the AI market [1] Group 2 - The article highlights the increasing importance of AI tools and applications, particularly in the context of generative AI systems [1] - The author emphasizes the need for advanced certifications in machine learning to enhance expertise in the field [1]

Core Viewpoint - SoundHound AI Inc (NASDAQ:SOUN) has been initiated coverage by Piper Sandler with an "overweight" rating and a price target of $12, indicating substantial growth potential for the stock in the coming years [1] Stock Performance - Since the beginning of the year, SoundHound stock has experienced a decline of 46.7%, but it has shown signs of recovery since early April, recently bouncing off support at the 40-day moving average [2] - If the current gains are maintained, the stock is on track to achieve its third consecutive win [2] Options Activity - There has been a significant increase in options trading for SoundHound, with call volume reaching four times the average for this time of day, totaling 63,000 calls compared to 10,000 puts [3] - The most active option is the weekly 5/30 10.50-strike call, where new positions are being opened [3] Short Interest - The recent price increase may be partially due to short covering, although short interest still represents 30.7% of the stock's available float [4] - It would take over three days for short positions to be covered at the average trading pace of SoundHound [4]