Streetbeat News

SOUN

SoundHound AI, Inc.

https://www.soundhound.com

Industry

Software - Application

SoundHound AI, Inc. develops independent voice artificial intelligence (AI) platform that enables businesses across industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as automatic speech recognition, natural language understanding, wake words, custom domains, text-to-speech, and embedded voice solutions The company is headquartered in Santa Clara, California.

Open

6.76

Mkt cap

2.3B

Volume

35M

High

6.77

P/E Ratio

-15.90

52-wk high

10.25

Low

6.22

Div yield

N/A

52-wk low

1.62

SoundHound AI's stock, with a high price-to-sales ratio of 14.43, is considered risky due to modest near-term prospects despite a strong AI portfolio and growing clientele.

Portfolio Pulse from

November 19, 2024 | 6:30 pm

SoundHound AI's stock has recently outperformed the S&P 500, supporting a bullish outlook. The company has upgraded its profitability forecast to the end of 2025 and expanded its Voice AI solutions into new industry verticals.

Portfolio Pulse from

November 19, 2024 | 6:30 pm

Wall Street analysts are optimistic about SoundHound AI (SOUN), which may influence investor decisions and impact the stock's price.

Portfolio Pulse from

November 18, 2024 | 3:45 pm

SoundHound AI, Inc. (SOUN) has been a popular stock among Zacks.com users recently, indicating increased investor interest. The article explores potential future developments for the stock.

Portfolio Pulse from

November 18, 2024 | 3:15 pm

SoundHound's shares have declined despite a significant increase in revenue, raising questions about whether this is an opportunity to buy the stock at a lower price.

Portfolio Pulse from

November 17, 2024 | 9:30 pm

The article discusses whether investors should buy, sell, or hold SoundHound AI, considering both social media hype and the company's real business strengths.

Portfolio Pulse from

November 14, 2024 | 1:00 pm

SoundHound AI's stock dropped 17% despite surpassing earnings and revenue expectations and raising future guidance. The company showed strong revenue growth in Q3 2024, but continued to report significant losses.

Portfolio Pulse from

November 14, 2024 | 2:15 am

SoundHound AI's stock fell by 16% following a significant decline in its gross margin, as reported in its recent financial results.

Portfolio Pulse from

November 13, 2024 | 8:00 pm

SoundHound AI's Q3 2024 results show strong demand for AI solutions and an expanding customer base across key industries, potentially impacting its stock positively.

Portfolio Pulse from

November 13, 2024 | 6:45 pm

SoundHound AI's reported growth is misleading as pro forma revenues declined by 10% in Q3, indicating underlying business weaknesses. The Amelia acquisition contributed more to revenue than expected. Despite beating EPS estimates, the adjusted EBITDA loss doubled, and the share count increased, inflating the market cap to nearly $3 billion.

Portfolio Pulse from

November 13, 2024 | 6:30 pm

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