SoundHound AI, Inc. (NASDAQ:SOUN) Targets Growth in Voice AI Industry

Core Insights - SoundHound AI, Inc. is a significant player in the voice AI industry, focusing on innovative voice recognition solutions and enhancing in-car voice commerce through partnerships like the one with OpenTable [1][5] - The company has a market capitalization of approximately $5.06 billion and has seen a trading volume of 21.18 million shares [4] Financial Performance - Thomas Blakey from Cantor Fitzgerald has set a price target of $15 for SOUN, suggesting a potential upside of about 24.69% from its current price of $12.03 [2][5] - Despite the optimistic outlook, SOUN's stock has experienced a slight decline, dropping 0.8% during regular trading hours and an additional 2.1% in after-hours trading, with a current price of $12.03 reflecting a decrease of approximately 1.47% [3][5] Market Activity - Over the past year, SOUN's stock has fluctuated significantly, reaching a high of $24.98 and a low of $6.52, indicating volatility in its market performance [4]