Shares of this company have returned +1.9% over the past month versus the Zacks S&P 500 composite's +3.5% change. The Zacks Computers - IT Services industry, to which SoundHound AI belongs, has lost 1.7% over this period. Now the key question is: Where could the stock be headed in the near term? Earnings Estimate Revisions We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up ...

SoundHound AI's stock has been struggling of late, and this could send its shares even lower. It has been a great year for tech stock SoundHound AI (SOUN 3.83%)stock, which more than doubled in price thus far in 2024. But recently, it has been seeing some apprehension from investors. In the past three months, SoundHound's stock has fallen by more than 25%. SoundHound AI generated some strong growth in recent quarters, but overall, its numbers still aren't all that high. For the first quarter, which ended on ...

Could this out-of-favor AI stock be a good turnaround play? SoundHound AI (SOUN 3.83%) has been a tough stock to own over the past two years. The audio and speech recognition company went public by merging with a special purpose acquisition company (SPAC) on April 28, 2022, and its stock opened at $8.72 before soaring to a record high of $14.98 a week later. At the time, investors were impressed by its explosive sales growth, disruptive potential, and broad exposure to the expanding artificial intelligence ...

Looking at the corporate profile for SoundHound AI (NASDAQ:SOUN), it's difficult not to get excited about the application software enterprise. Specializing in independent voice artificial-intelligence (AI) solutions for multiple industries — including automotive and the Internet of Things (IoT) — SoundHound effectively marries human impulses with technological conveniences. Yet everything has a price and investors should be careful about overpaying for SoundHound AI stock. To be clear, I'm not issuing a bea ...

SoundHound AI, Inc. (SOUN) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this company have returned +15%, compared to the Zacks S&P 500 composite's +4.8% change. During this period, the Zacks Computers - IT Services industry, which SoundHound AI falls in, has gained 6%. The key question now is: What could be the stock's future dire ...

SoundHound AI could be a monster winner, but it's a long shot. Many investors seek small-cap stocks with the potential to dominate their niche, as their small size prevents them from being significantly owned by large firms. Additionally, because of their small size, investors will massively benefit if they see significant growth becasue they started from a small starting point. Combine small-cap potential with an explosive industry like artificial intelligence (AI), and you have a recipe for an investment ...

SoundHound AI recently posted impressive revenue growth, but there is more than meets the eye with this small artificial intelligence (AI) company. Artificial intelligence (AI) is making its way into more services by the day. One area that is witnessing some attention at the moment is the intersection between voice and AI. Smart assistants aren't really that new, though. Apple integrated Siri into its hardware devices more than a decade ago. Moreover, smart-home devices from Amazon and Alphabet's Google hav ...

Strong results from Nvidia (NASDAQ:NVDA) are propelling other artificial intelligence (AI) stocks higher, including SoundHound AI (NASDAQ:SOUN) stock. SoundHound specializes in voice AI applications. But its shares have been falling of late, from almost $9 each in March to barely $3.50 in late April. SOUN stock was up nearly 4% in the pre-market this morning. The shares opened at $5.18 each, a market capitalization of $1.7 billion. However, the rally might be shortlived, or at least unstable, as SOUN stock ...

Robert Way/iStock Editorial via Getty Images SoundHound Stock Suffered A Steep Plunge SoundHound AI, Inc. (NASDAQ:SOUN) investors who chased its early 2024 rally suffered a hammering in mid-March 2024 as the market pulled back. Given SoundHound's remarkable gains over the past year and its unprofitable business model, I'm not surprised by SOUN stock's bear market decline before bottoming in late April 2024. Accordingly, SOUN fell more than 65% from its March highs toward its recent April lows. As a result, ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...