Specific patterns often repeat in the stock market. For example, small, unprofitable companies that surge based on hype tend to give back their gains quickly.
SoundHound AI (SOUN -8.09%) has been one of the hottest stocks in AI recently, but the company may not be what it seems. In this video, Travis Hoium explains why the company's growth isn't as it appears and why the stock may have a rough year ahead as a result.
SoundHound AI (SOUN -3.87%) stock is down nearly 50% year to date in 2025, making investors curious about buying the dip.
SoundHound AI Inc (NASDAQ: SOUN) is inching down in premarket on Wednesday after famed investor Jim Cramer called it a “meme stock” in a response to a caller's query about the artificial intelligence firm.
SoundHound AI (SOUN -1.26%) has been an incredibly popular AI investment pick over the past year. It first gained fame when it was revealed that AI giant Nvidia purchased a stake.
SoundHound AI, Inc. (SOUN) concluded the recent trading session at $10.20, signifying a -1.07% move from its prior day's close.
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.
At first, SoundHound AI looked like everything I hated -- voice response bots, a business likely to be crushed by giant rivals, and horrific financials. But my views changed as I dug deeper. It's voice-response platform is light years ahead of the junky chatbots I despise, and I'm a lot less scared of big-tech rivals. Just because a company says AI doesn't make it for real or useful. SOUN, however, is differentiating itself through bona fide use of AI principles.
SoundHound AI (SOUN -2.74%) was one of the best-performing stocks in 2024, rising 836%. At its peak, the stock was up a jaw-dropping 1,040% -- but that was last year.
SoundHound AI is growing nicely but remains highly overvalued, with a price-to-sales ratio of 40x, far above the sector median of 3x. Despite expanding partnerships in automotive and restaurants, profitability remains a concern, with a $350M net loss in 2024 and aggressive shareholder dilution of 54.7%. Strong momentum and excitement around the AI sector have kept SOUN's valuation high. But, if the stock drops to a more reasonable 10x-15x P/S, it could be a better buying point.
Recently, Zacks.com users have been paying close attention to SoundHound AI (SOUN). This makes it worthwhile to examine what the stock has in store.
Nvidia (NVDA -0.14%) supplies the most powerful data center chips for developing artificial intelligence (AI) models. In fact, the company's valuation has soared by more than $2.2 trillion over the last two years because sales have been so strong.