However, what goes up often comes down, but H.C. Wainwright analyst Scott Buck thinks SoundHound stock has enough fuel in the tank to climb higher. On Dec. 23, he raised his bank's price target to $26 per share and maintained his buy rating. The new target implies a gain of 19.5% from SoundHound's closing price on Dec. 22.
SoundHound AI Inc (NASDAQ:SOUN) shares are trading lower Tuesday, pulling back from recent strength. The rally really accelerated in November when the company reported strong earnings. Here's what you need to know.
SoundHound AI's (NASDAQ: SOUN) stock soared more than 940% over the past 12 months. The developer of speech and audio recognition tools dazzled investors with its accelerating growth and support from Nvidia,
With shares rocketing higher so far this year, SoundHound AI (NASDAQ: SOUN) demonstrates the millionaire-making potential of stock market investing. Let's dig deeper to see if this artificial intelligence (AI) software stock still has gas left in the tank.
SoundHound AI stock nabbed a price-target hike as a Wall Street analyst sees increasing demand for the company's conversational voice AI technology.
It should go without saying that SoundHound AI is not a stock for every investor. The company has yet to turn a profit and does not generate positive free cash flow. That puts the stock out of bounds for value investors or those seeking passive income from their investments.
SoundHound Chief Financial Officer Nitesh Sharan is participating in a conference call hosted by Northland Wednesday afternoon
Analysts have set 12-month price targets for SoundHound AI, revealing an average target of $12.64, a high estimate of $26.00, and a low estimate of $7.00. This upward trend is apparent, with the current average reflecting a 53.96% increase from the previous average price target of $8.21.
SoundHound AI Inc (SOUN) stock saw a modest uptick, ending the day at $21.75 which represents a slight increase of $2.90 or 15.38% from the prior close of $18.85. The stock opened at $18.2 and touched a low of $17.
When looking at artificial intelligence (AI) stocks with market caps of less than $10 billion, two prominent names are SoundHound AI (NASDAQ: SOUN) and BigBear.ai (NYSE: BBAI).Although both ...
What does SoundHound AI do? In a nutshell, SoundHound AI is a voice AI company, meaning it develops software that helps humans communicate with AI models. Most people are familiar with how this works.
If you put $10,000 into SoundHound AI (NASDAQ: SOUN) stock one year ago, you have $61,800 today. The company has emerged as an early winner in artificial intelligence (AI) as it seeks to dominate the market for speech and audio-related AI solutions.