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Why SoundHound AI Stock Soared on Thursday
The Motley Fool· 2024-11-07 21:44
Is SoundHound AI a good investment or just a meme stock? Learn why social media isn't always the best investment guide.Shares of SoundHound AI (SOUN 22.14%) started Thursday's trading with a modest gain and kept climbing nearly all day long. When the closing bell rang, the stock had jumped 22.1% higher.Meme stock frenzyThe company had no news to report today. It's earnings season, but SoundHound AI will publish its third-quarter results next Tuesday. The company didn't file any documents with the Securities ...
One Wall Street Analyst Thinks This Emerging Artificial Intelligence Stock Could Rise 60% in the Next Year
The Motley Fool· 2024-11-04 23:00
SoundHound AI is on the doorstep of a big year. Looking at Wall Street analysts' price targets can be a worthy exercise, because it may identify some stocks with huge upsides you haven't considered. After finding such a stock (at least according to analysts), the best move is to do your own research and see if you can confirm their findings. One stock with massive upside is SoundHound AI (SOUN -0.97%), a small artificial intelligence (AI) company. Gil Luria from D.A. Davidson has a price target of $9.50 on ...
Should You Buy SoundHound AI Stock Before Nov. 12?
The Motley Fool· 2024-11-02 11:31
The voice AI company has made several acquisitions to supplement growth in the business.SoundHound AI (SOUN 2.19%) is scheduled to report quarterly financial results on Nov. 12, which could have enormous implications for stock market investors.*Stock prices used were the afternoon prices of Oct. 30, 2024. The video was published on Nov. 1, 2024. ...
Is It Worth Investing in SoundHound AI (SOUN) Based on Wall Street's Bullish Views?
ZACKS· 2024-11-01 14:30
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about SoundHound AI, Inc. (SOUN) .SoundHound AI currently has an average brokerage recommendation (AB ...
The Smartest Growth Stock to Buy With $1,000 Right Now
The Motley Fool· 2024-10-31 13:53
This could be the right company in the right industry to make massive long-term profits.Investing in emerging growth stocks can be incredibly rewarding. For instance, a $1,000 investment in ServiceNow when it went public in 2012 is worth more than $38,000 today, an incredible 3,770% gain. The work-flow specialist reported $244 million in sales in 2012 and $10.5 billion over the last 12 months.On the other hand, growth stocks are riskier than established names. Electric-vehicle maker Lucid Group has lost 75% ...
SoundHound AI, Inc. (SOUN) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-10-29 22:50
SoundHound AI, Inc. (SOUN) closed at $6.01 in the latest trading session, marking a -1.8% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.16%. Meanwhile, the Dow experienced a drop of 0.37%, and the technology-dominated Nasdaq saw an increase of 0.78%. Prior to today's trading, shares of the company had gained 31.33% over the past month. This has outpaced the Computer and Technology sector's gain of 1.87% and the S&P 500's gain of 1.67% in that time. Investors will ...
SoundHound AI, Inc. (SOUN) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-10-22 22:50
SoundHound AI, Inc. (SOUN) closed the most recent trading day at $5.31, moving -1.48% from the previous trading session. This move lagged the S&P 500's daily loss of 0.05%. On the other hand, the Dow registered a loss of 0.02%, and the technology-centric Nasdaq increased by 0.18%.The company's stock has climbed by 10.45% in the past month, exceeding the Computer and Technology sector's gain of 3.5% and the S&P 500's gain of 2.76%.Market participants will be closely following the financial results of SoundHo ...
SoundHound AI, Inc. (SOUN) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-10-16 22:51
SoundHound AI, Inc. (SOUN) closed the latest trading day at $5.25, indicating a -1.13% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.47%. Elsewhere, the Dow gained 0.79%, while the tech-heavy Nasdaq added 0.28%. Heading into today, shares of the company had gained 10.63% over the past month, outpacing the Computer and Technology sector's gain of 3.88% and the S&P 500's gain of 3.48% in that time. The upcoming earnings release of SoundHound AI, Inc. ...
Is SoundHound AI (SOUN) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2024-10-16 14:35
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about SoundHound AI, Inc. (SOUN) . SoundHound AI currently has an average brokerage recommendation ( ...
SoundHound AI (SOUN) Soars 5.7%: Is Further Upside Left in the Stock?
ZACKS· 2024-10-15 15:10
SoundHound AI, Inc. (SOUN) shares rallied 5.7% in the last trading session to close at $5.19. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 1.2% gain over the past four weeks. SoundHound AI is benefiting from a strong portfolio and an expanding clientele by offering conversational intelligence through independent Voice AI solutions in 25 languages for both cloud-enabled and hardwareembedded devices. This co ...