SoundHound AI(SOUN)

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SoundHound AI: A Breakout Move Higher Is In The Making
Seeking Alpha· 2025-05-14 15:30
Group 1 - The core focus of JR Research is on identifying attractive risk/reward opportunities that can generate alpha above the S&P 500 through robust price action [1][2] - The investment strategy emphasizes growth investing, combining price action analysis with fundamental investing while avoiding overhyped and overvalued stocks [2] - JR Research runs the Ultimate Growth Investing group, which specializes in high-potential opportunities across various sectors with a 18 to 24 month outlook for investment theses [3] Group 2 - The group targets stocks with strong growth potential and contrarian plays that have been beaten down, aiming for robust fundamentals and attractive valuations [3] - The investment approach is designed for investors looking to capitalize on growth stocks with buying momentum and turnaround potential [3]
SoundHound AI Q1: Buy It Fearlessly At A Small Weight (Upgrade)
Seeking Alpha· 2025-05-14 11:49
Core Insights - The article highlights Oliver Rodzianko's macro-focused investment strategy, emphasizing valuation discipline and long-term fundamentals in sectors like technology, semiconductors, AI, and energy [1] Group 1: Investment Strategy - The investment approach is centered on a long-only, unleveraged portfolio aimed at capital preservation and capturing asymmetric upside during market dislocations [1] - Positions are maintained through medium-term cycles and exited based on intrinsic value assessments [1] Group 2: Research and Publications - Rodzianko's research is disseminated through platforms such as Seeking Alpha, TipRanks, and GuruFocus [1] - The Nasdaq High-Alpha Black Swan Portfolio is a key component of his strategy, designed for resilience and long-term outperformance [1] Group 3: Future Developments - There is an ongoing effort to formalize the investment framework within an asset management firm, alongside the establishment of a family office focused on lower-volatility capital stewardship [1]
SOUN INVESTOR NOTICE: SoundHound AI, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
Prnewswire· 2025-05-14 06:50
Core Viewpoint - The article discusses a class action lawsuit against SoundHound AI, Inc. for alleged violations of the Securities Exchange Act of 1934, with a focus on the company's internal control weaknesses and financial reporting issues during a specified class period [1][3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Liles v. SoundHound AI, Inc., and it allows purchasers of SoundHound securities from May 10, 2024, to March 3, 2025, to seek lead plaintiff status by May 27, 2025 [1][5]. - The lawsuit alleges that SoundHound made false or misleading statements regarding its internal controls over financial reporting, particularly related to its acquisitions of Amelia Holdings, Inc. and SYNQ3 [3][4]. - On March 4, 2025, SoundHound disclosed its inability to timely file its annual report for 2024, citing complexities in accounting for its acquisitions and identified material weaknesses in internal controls, leading to a nearly 6% drop in stock price [4][3]. Group 2: Company Background - SoundHound provides an independent voice AI platform aimed at enhancing conversational experiences for businesses across various industries [2]. - Robbins Geller Rudman & Dowd LLP, the law firm representing the plaintiffs, is recognized as a leading firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [6].
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of SoundHound AI, Inc. (SOUN) Shareholders
GlobeNewswire News Room· 2025-05-13 16:45
Core Viewpoint - A class action securities lawsuit has been filed against SoundHound AI, Inc. for alleged securities fraud affecting investors between May 10, 2024, and March 3, 2025 [1][2]. Group 1: Allegations and Issues - The lawsuit claims that SoundHound AI, Inc. made false statements regarding material weaknesses in its internal controls over financial reporting, which impaired its ability to account for corporate acquisitions [2]. - It is alleged that the company overstated its remediation efforts concerning these material weaknesses, leading to inflated reported goodwill following the Amelia Acquisition [2]. - The lawsuit indicates that SoundHound AI, Inc. may require additional time and resources to properly account for the SYNQ3 and Amelia Acquisitions, increasing the risk of delayed financial report filings with the SEC [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until May 27, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Law Firm Background - Levi & Korsinsky, LLP has a history of securing significant recoveries for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
Why SoundHound's Growth and Zero Debt Are a Bullish Signal
MarketBeat· 2025-05-13 12:44
Core Viewpoint - SoundHound AI presents a value opportunity for investors in 2025 despite facing challenges, with growth driven by advanced voice-centric AI services and the acquisition of Amelia [1][2]. Group 1: Financial Performance - SoundHound AI reported revenue of less than $30 million in FQ1, showing over 150% year-over-year growth, up from just over 100% in Q4 2025 and about 80% in Q3 2025 [3]. - The company has reaffirmed its revenue guidance of $167 million for the upcoming year, indicating about 100% year-over-year growth compared to F2024 [5]. - The company has no client representing more than 10% of revenue, which is expected to decrease further, indicating improved client diversification [4]. Group 2: Strategic Initiatives - The acquisition of Amelia enhances SoundHound's capabilities in developing industry-specific agentic-AI applications, allowing for increased cross-selling and upselling opportunities [2]. - The company is expanding into new verticals, including automotive, hospitality, healthcare, and retail, as highlighted in their Q1 results [2]. Group 3: Market Position and Analyst Ratings - Analysts have adjusted price targets for SoundHound AI, with a 12-month average forecast of $10.29, indicating a potential downside of 6.58% from the current price of $11.01 [11]. - Despite a Hold rating among analysts, there is potential for significant upside, with some forecasts suggesting a 50% increase based on low price targets [11]. Group 4: Capital Structure and Profitability Outlook - SoundHound maintains a no-debt position, which has been achieved through dilutive actions that increased the share count by 45% over the past year, but this has allowed for unencumbered cash flow [7]. - The company is expected to reach profitability within the next two to three years, potentially allowing for share repurchases and rebuilding shareholder leverage [8][6]. Group 5: Market Sentiment and Short Interest - Short interest in SoundHound AI peaked at over 40%, but has been decreasing since January 2025, with a still elevated interest of 33% in late April following the Q1 report [9]. - The recent 20% price increase suggests that short-covering may have influenced the stock's performance [9].
Class Action Filed Against SoundHound AI, Inc. (SOUN) - May 27, 2025 Deadline to Join - Contact Levi & Korsinsky
Prnewswire· 2025-05-13 09:45
NEW YORK, May 13, 2025 /PRNewswire/ -- 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/soundhound-a ...
SoundHound AI(SOUN) - 2025 Q1 - Quarterly Report
2025-05-12 20:03
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from________to________ Commission File No. 001-40193 SOUNDHOUND AI, INC. (Exact name of registrant as specified in its charter) | Delaware | 86-1286 ...
The Gross Law Firm Notifies Shareholders of SoundHound AI, Inc.(SOUN) of a Class Action Lawsuit and an Upcoming Deadline
GlobeNewswire News Room· 2025-05-12 17:16
NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of SoundHound AI, Inc. (NASDAQ: SOUN). Shareholders who purchased shares of SOUN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/soundhound-ai-inc-loss-submission-form/?id=147749&from=3 CLASS PERIOD: May 10, ...
SoundHound AI Stock Sinks 8% as Revenue Misses Wall Street's Estimate. Is SOUN Stock a Buy?
The Motley Fool· 2025-05-10 01:24
Core Viewpoint - SoundHound AI reported strong revenue growth in Q1 2025 but continued to incur significant losses, leading to a stock decline due to revenue falling short of Wall Street expectations [2][3]. Financial Performance - Q1 2024 revenue was $11.6 million, while Q1 2025 revenue increased to $29.1 million, representing a 151% growth [3]. - GAAP operating income flipped from a loss of $28.5 million in Q1 2024 to a positive income of $128.1 million in Q1 2025 [3]. - GAAP net income also flipped from a loss of $33 million in Q1 2024 to a positive income of $129.9 million in Q1 2025 [3]. - Adjusted net income showed a widening loss from $20.2 million in Q1 2024 to $22.3 million in Q1 2025, a 10% increase in losses [3]. - GAAP earnings per share (EPS) improved from a loss of $0.12 to a profit of $0.31, while adjusted EPS narrowed its loss from $0.07 to $0.06 [3]. Cash Flow and Liquidity - The company used $19.2 million in cash for operations, slightly better than the negative $21.9 million in the same period last year [7]. - Free cash flow was negative $19.3 million, compared to negative $25.7 million in the prior year [7]. - SoundHound ended the quarter with $246 million in cash and cash equivalents and no long-term debt, with a cash burn rate that allows for approximately 12.7 quarters of operation [7]. Growth Strategy - Recent acquisitions have contributed to revenue growth, although the organic growth rate remains unclear [5]. - The company has diversified its customer base, with no single customer accounting for more than 10% of revenue in the quarter [5]. Future Guidance - For full-year 2025, revenue is expected to range from $157 million to $177 million, indicating an annual growth of 85% to 90% [9]. - The company aims to achieve positive adjusted EBITDA by the end of 2025, following a previous guidance that was not met [15][9]. Competitive Landscape - The conversational AI market is competitive, with significant players including large tech companies, raising questions about SoundHound's ability to grow revenue and achieve profitability [17][18].
SoundHound AI, Inc. (SOUN) Reports Q1 Loss, Misses Revenue Estimates
ZACKS· 2025-05-08 23:16
SoundHound AI, Inc. (SOUN) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.29%. A quarter ago, it was expected that this company would post a loss of $0.11 per share when it actually produced a loss of $0.69, delivering a surprise of -527.27%.Over the last four quarters, the company has su ...