Many investors are worried about DeepSeek's latest breakthrough. Its Chinese developers claim to have trained a generative AI model that's on a par with many of the U.S. versions for under $6 million. This has caused many AI-related stocks to sell off, although some have remained strong.One stock that's still well off its all-time highs (although for reasons unassociated with DeepSeek) is SoundHound AI (SOUN -0.19%). It's down over 40% from its highest point, which could lead investors to believe that this ...

SoundHound AI (SOUN -0.19%) has delivered stunning gains of 732% in the past year, as of this writing. However, if we take a look at the stock's performance since it went public in April 2022 by merging with a special purpose acquisition company (SPAC), the picture is quite different.Though SoundHound has registered healthy gains of 89% in just under three years since its stock market debut, it has been prone to wild swings. This is evident from the chart below.SoundHound stock took off big time in February ...

Core Insights - SoundHound AI has experienced significant volatility in the AI stock market, particularly in January, where it ended the month down 29% [2][6] - The decline was exacerbated during the CES event, where SoundHound's presentation failed to impress investors, contrasting with competitors like Cerence AI, which announced a collaboration with Nvidia [3][4] - Despite a brief recovery with a 21% increase after a partnership announcement with Rekor, the stock could not maintain its gains and continued to decline [5] Company Performance - The stock fell 10% on January 7, the day it unveiled new technology for ordering take-out food through vehicles, indicating high expectations from investors [4] - SoundHound's current financials show it is not profitable, with a price-to-sales ratio of 72 and expected revenue of less than $100 million for the year [6] Competitive Landscape - SoundHound faces increasing competition in the voice AI sector, particularly from larger tech companies, which could pose challenges to its growth [7] - The company has garnered attention for its AI exposure, but it must prove its business viability to sustain investor interest [6][7]

SoundHound AI has soared over 175% in the past three months, and could jump even higher in 2025.Shares of conversational intelligence solutions player SoundHound AI (SOUN 10.32%) have soared more than 175% in the past three months (at the time of this writing). While the recent tech sell-off has affected the company's share prices significantly, it is nevertheless an exciting artificial intelligence (AI)-powered opportunity.The company's AI-powered voice systems are simplifying interactions between business ...

Shares of SoundHound AI (SOUN 10.20%) were flying higher on Tuesday. The stock had gained 11.3% as of 2:40 p.m. ET, but had been up as much as 12.5% earlier in the day. The leg up comes as the S&P 500 gained 0.7% and the Nasdaq Composite gained 1.3%.SoundHound, which develops voice-based artificial intelligence (AI) technology, saw its shares recover after yesterday's tariff activity seemed mostly resolved.The threat of tariffs sent stocks lowerStocks across the market including SoundHound were hit Monday a ...

Shares of SoundHound AI, Inc. SOUN are making a nice move higher Tuesday. Some analysts believe that this is due to a report that suggests institutions make up more than 30% of the company's ownership.Despite the move, the stock is trading within a well-defined range. This means there may be opportunities for low-risk trades. This is why it is our Stock of the Day.There are generally two ways that traders can profit from rangebound stocks. The first is to sell close to the top of the range and to buy near t ...

SoundHound AI (SOUN) shares have soared 866.3% in the trailing 12 months, outperforming the Zacks Computer and Technology sector’s appreciation of 23.4% and the Zacks Computers – IT Services industry’s return of 9.1%.SOUN shares have been riding on a rich partner base and a growing clientele for its innovative solutions. It offers fully integrated, proprietary solutions in 25 languages on both cloud-enabled and hardware-embedded devices.With a massive estimated total addressable market of more than $140 bil ...

Few stocks have been on a run like SoundHound AI (SOUN 1.07%) has over the past year. It rose by more than 1,000% at one point during 2024, though it has come down by about 42% from its December peak. Yet with the stock still up by around 560% since 2024 began, many investors may wonder if this artificial intelligence (AI) stock remains a good pick from here. On the one hand, the adoption of its software seems practically unstoppable, and SoundHound is projected to double its revenue in 2025. On the other, ...

Stock Performance and Market Sentiment - SoundHound AI stock gained an incredible 835% in 2024, but is currently 46% off its all-time high from that year [1][2] - The stock has been highly volatile since its IPO in 2022, with a low of $0.97 per share in late 2022 [2] - Investors are questioning whether the stock can reverse its recent downturn and return to 2024 levels [3] Industry and Technology - SoundHound AI operates in the speech recognition subset of AI, which is seeing increased mainstream adoption in areas like drive-thru ordering, customer service, and automotive applications [4] - The speech recognition market is projected to more than double from 2024 to over $16 billion by 2030 [5] - The company demonstrated new in-vehicle voice assistant technology at CES, enabling users to order takeout through their car's communication system [7] Business Fundamentals and Financials - SoundHound AI has significantly improved its financial position, with $136 million in cash and $70 million in current liabilities as of Q3 2024, compared to $9 million in cash and $38 million in liabilities at the end of 2022 [8] - Revenue is growing rapidly, with $25 million in Q3 2024 and a 12-month total of $67 million [10] - Management forecasts $85 million in sales for 2024 and $155-175 million for 2025 [10] - The company has diversified its customer base, with its largest customer accounting for just 12% of Q3 2024 revenue, down from 72% in the prior-year period [6] Valuation and Growth Prospects - SoundHound AI currently has a market cap of $5.2 billion, trading at 64x 2024 sales and 36x the midpoint of 2025 sales guidance [12] - Historically, the stock has traded at an average of 20x sales, which would imply a 35% decline from current levels based on 2025 sales guidance [13] - Sales are expected to double in 2025 but growth is projected to slow, with analysts estimating $200 million in sales for 2026 [14] - The company's impressive technology and growth potential are offset by its high valuation, making a repeat of 2024's massive gains unlikely [14]

SoundHound AI, Inc. (SOUN) closed the latest trading day at $14.23, indicating a +1.14% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily gain of 0.92%. At the same time, the Dow added 0.31%, and the tech-heavy Nasdaq gained 2.03%.The company's stock has dropped by 37.96% in the past month, falling short of the Computer and Technology sector's loss of 2.99% and the S&P 500's gain of 0.81%.Analysts and investors alike will be keeping a close eye on the perfo ...