Wall Street Analysts Are Bullish on This Artificial Intelligence (AI) Stock. Here's Why I'm Not.

An impressive client list and a partnership with Nvidia may be insufficient to save this stock. Despite those successes, SoundHound faces ongoing losses and significant difficulties on the financial side of the business. Given the severity of those challenges, investors and analysts appear to have taken an overly bullish stance on the SaaS stock. The company's $1.6 billion market cap makes SoundHound AI a small-cap stock. However, despite its size, companies as varied as Qualcomm, Stellantis, and Netflix ha ...