Buy These 2 Intriguing AI Stocks Amid Recent Market Volatility? BBAI, SOUN

Core Viewpoint - Amid market volatility, investors are exploring buying opportunities in lesser-known artificial intelligence stocks, specifically BigBear.ai and SoundHound AI, both of which are trending on Zacks.com and belong to the top 33% of the Zacks Computers-IT Services Industry [1][2]. Company Overview - BigBear.ai, based in Maryland, went public in 2021 and provides AI, machine learning, cloud-based analytics, and cyber engineering solutions [3]. - SoundHound AI, based in New York, launched its IPO in 2022 and specializes in conversational intelligence, offering a voice AI platform for businesses [3]. Top Line Growth - BigBear's total sales are projected to increase by 8% to $168.57 million in fiscal 2024, up from$155.16 million in 2023, with a further 15% increase expected in FY25 to $194.31 million [4]. - SoundHound's sales are expected to nearly double in FY24 to$85 million, with a forecasted surge of 96% to $166.2 million in the following year [5]. Earnings Estimates - BigBear is expected to report an adjusted loss of -$0.75 per share in FY24, compared to -$0.40 in 2023, with a narrower loss of -$0.20 anticipated in FY25 [6]. - SoundHound is projected to have an adjusted loss of -$1.02 in FY24, down from -$0.38 in 2023, but is expected to approach profitability with estimates of -$0.25 and -$0.19 per share in FY25 and FY26, respectively [7]. Price Performance - Year-to-date, BigBear's stock has increased by 10%, while SoundHound's shares have decreased by 47% following a wider-than-expected earnings loss for Q4 [9]. - Over the past two years, SoundHound's stock has risen by more than 200%, while BigBear's shares have increased by 50% [11]. Bottom Line - Both BigBear and SoundHound currently hold a Zacks Rank 3 (Hold), indicating favorable top line growth in relation to risk and reward, although better buying opportunities may still arise [12].