SoundHound AI (SOUN -0.93%) has simply taken off in the past couple of years. Shares of the voice artificial intelligence (AI) solutions provider shot up a phenomenal 1,940% during this period thanks to the growing AI craze, an investment in the company by Nvidia, and solid results from the company in recent quarters.So, if you bought just $100 worth of SoundHound AI stock two years ago, your investment would now be worth an impressive $2,000. The stock witnessed wild swings during this period, though it wo ...

These days, you can't find an investment bank analyst who's not excited about a handful of artificial intelligence (AI) stocks. Since ChatGPT exploded in popularity in late 2022, businesses of all sizes have been hurling money at new AI solutions with both hands to avoid getting left behind.One stock that's benefited immensely from the AI revolution is SoundHound AI (SOUN -6.09%). Enterprise customers license its technology to support their voice-activated AI agents, which are like chatbots that can behave ...

SoundHound AI (SOUN 15.38%) is likely one of the cheapest artificial intelligence (AI) stocks available (at least on a dollar-per-share basis). While most brokerages offer fractional shares, not all do, and that can limit what stocks investors can buy.At around $20, SoundHound is a fairly affordable investment for most people, but the stock is far from cheap. How can a stock be affordable and expensive at the same time? It's all about valuation.SoundHound's stock has been on fire latelySoundHound AI is one ...

Core Insights - SoundHound AI stock experienced significant volatility, initially rising over 40% before settling with a weekly gain of approximately 10.3%, resulting in a year-to-date return of 780% [1][2] Financial Performance - The company raised its revenue guidance for 2024, now projecting full-year revenue between $82 million and $85 million, up from a previous midpoint of $71 million [2] - For 2025, SoundHound anticipates sales in the range of $155 million to $175 million [2] Analyst Insights - A bullish report from Wedbush analyst Dan Ives increased the price target for SoundHound from $10 to $22 per share, highlighting the company's potential as an underappreciated pure-play AI firm [2][4] - Ives believes SoundHound will expand its total addressable market and growth trajectory by 2025, particularly in new verticals like healthcare [2][4] Strategic Moves - SoundHound completed the acquisition of enterprise AI software company Amelia in the third quarter, which is expected to enhance its capabilities in enterprise conversational AI, especially in the healthcare sector [3][4] Valuation Metrics - Despite the stock's significant price increase, SoundHound remains unprofitable, with a forward price-to-sales (P/S) ratio of approximately 83, indicating a high level of risk for investors [4]

SoundHound AI (SOUN -7.34%) stock is seeing big sell-offs in Thursday's trading. The company's share price was down 12.3% as of 11:30 a.m. ET. Meanwhile, the S&P 500 index was up 0.6%, and the Nasdaq Composite index was up 0.7%.Despite being down big as of this writing, SoundHound AI stock actually started the day with big gains. The conversational artificial intelligence (AI) specialist's share price had been up as much as 14.1% earlier in the session.Why SoundHound AI stock is highly volatile todaySoundHo ...

The voice AI company is growing revenue, but profits are several years away.*Stock prices used were the afternoon prices of Dec. 14, 2024. The video was published on Dec. 16, 2024. ...

SoundHound AI Inc SOUN stock skyrocketed 713% this year and 173% this month.The company, which specializes in voice AI technology, is trading at an all-time — and 52-week high — of $17.29 on Friday. Chart created using Benzinga ProSOUN stock's technical signals are flashing green across the board. Trading well above its eight, 20 and 50-day simple moving averages, SoundHound is in strongly bullish territory.Key indicators like its relative strength index (RSI) of 80.89 may point to an overbought status, bu ...

Company Overview - SoundHound AI secured a multimillion-dollar investment from Nvidia in early 2024, indicating strong confidence in its business model [1] - The company's market cap surged from less than $2 billion at the start of November to over $5 billion due to increased investor interest [4] Stock Performance - Since the beginning of November, SoundHound shares have increased by approximately 217%, adding billions to its market capitalization [2] - The stock price is currently trading at a high price-to-sales (P/S) ratio of 63, reflecting strong market expectations [10] Revenue Growth Expectations - Revenue growth estimates for SoundHound have nearly doubled from around 50% to 96.7%, suggesting a more optimistic outlook for future earnings [5] - The company's revenue for the trailing twelve months (TTM) is reported at $67.3 million, indicating significant growth potential [8] Market Position and Competition - SoundHound operates in the AI sound technology sector, with applications in fast food, consumer products, and automotive industries, which are growing at rates of 15% to 20% annually [6] - The company holds several hundred patents and has decades of operational experience, positioning it well against larger tech competitors [7] Future Considerations - A stock split in 2025 is unlikely given the current share price range of $10 to $15, although future growth could make it a possibility [11]

Over the last five years, Nvidia stock is up a staggering 2,500%. That means a $10,000 investment in Nvidia stock made five years ago would now be worth nearly $260,000.Yet the fact of the matter is that a lot of investors may have missed out on Nvidia's rise, or at least a significant portion of it, simply because they missed the early signs of a multibagger in the making. With that in mind, let's have a look at another stock -- one that might still be in the early innings of a multiyear uptrend: SoundHoun ...

Group 1: Company Overview - SoundHound AI is a pioneer in voice-enabled artificial intelligence solutions, with over 315 million downloads of its flagship SoundHound app and partnerships with major automakers [2] - The company operates in a highly competitive AI sector, facing competition from giants like Google and Microsoft, as well as emerging startups [3] Group 2: Financial Performance - In Q3 2024, SoundHound reported an EPS of -$0.06, beating the consensus estimate of -$0.07, with revenue increasing 88.7% year-over-year to $25.1 million, surpassing analysts' expectations of $23.02 million [4] - Operating losses increased 132% year-over-year in Q3 to $33.7 million, raising concerns about the company's financial health and path to profitability [6] Group 3: Growth Strategies - SoundHound is expanding through strategic acquisitions, including the $80 million purchase of Amelia AI, which is expected to contribute $45 million in revenue to SoundHound's 2025 projections of $150 million [5] Group 4: Market Sentiment - Investor skepticism is reflected in the company's elevated short interest of 25.22% as of November 30, indicating doubts about SoundHound's valuation and profitability [7] - Significant insider selling has occurred, with $32.59 million worth of stock sold over the past 12 months and $25 million sold in Q4 alone, including nearly $12 million by the CEO in December [8] Group 5: Analyst Ratings - Analysts maintain a consensus Moderate Buy rating on SoundHound AI, but the average price target of $7.64 suggests a potential downside of nearly 44% from current levels, raising concerns about the company's ability to sustain its valuation [9]