SoundHound AI SOUN is scheduled to report its first-quarter 2025 results on May 8, after the closing bell. In the last reported quarter, SoundHound reported a loss of 69 cents per share, significantly wider than the 6-cent loss recorded in the same period a year earlier and notably below the Zacks Consensus Estimate by a wide margin of 527.3%.
So far this year, shares of voice-recognition specialist SoundHound AI (SOUN 2.35%) have seen their value plummet by more than 50%. That's a frightening decline.
Expectations for growth this year are soaring for SoundHound AI (SOUN 2.35%). Last year, analysts were anticipating just 30% revenue growth.
SoundHound AI, Inc. (SOUN) closed the most recent trading day at $9.15, moving -1.51% from the previous trading session.
Nvidia (NVDA 0.12%) has added an eye-popping $2.3 trillion to its market capitalization since the beginning of 2023, thanks to soaring demand for its data center chips that are the best in the industry for powering and training artificial intelligence (AI).
Voice control expert SoundHound AI (SOUN 1.39%) has been a volatile investment recently.
SoundHound AI (SOUN 7.80%) was in red-hot form toward the end of last year, hitting a 52-week high on Dec. 26, 2024, as investors capitalized on the fast-growing demand for the company's services and bought up shares of this voice-focused artificial intelligence (AI) solutions provider. SoundHound was identified as an emerging player in the conversational AI market last year, while the customers' rapid adoption of the company's offerings also added to the stock's momentum.
SoundHound and BigBear.ai? See which AI stock analysts say is better positioned after the YTD pullback.
Shares of conversational AI firm SoundHound (NASDAQ:SOUN) have been crushed amid the tech sector's painful rolling over since Trump unveiled his broad Liberation Day tariffs.
Predicting that a stock will double in a certain time frame is a bold call, but predicting it will happen within two-and-a-half years is an even bolder take. However, I think that SoundHound AI (SOUN 8.60%) stock has the potential to do that if certain conditions are met.
SoundHound AI (SOUN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?