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.
SOUN unveils Amelia 7.0, shifting from reactive assistants to autonomous voice AI agents amid soaring revenue growth.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
The artificial intelligence (AI) sector has been evolving rapidly so far this year and is likely to continue influencing the stock market next year as well, so we had ChatGPT identify 2 AI stocks with the potential to turn a $100 investment into $1,000 by 2026.
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.
When spotting a shift in any stock's sentiment, the gauge investors lean on for their ideas usually considers only one side of the equation. That side is who is buying the stock, as far as any big investors or other institutional buyers.
SoundHound AI is a leading independent voice-AI platform, benefiting from the growing ubiquity of voice interfaces across industries and a massive addressable market. Automotive partnerships drive a $1.2 billion backlog, providing strong revenue visibility, while restaurant and IoT upsell opportunities support further growth. Financials show hyper-growth, improving margins, and a solid cash position, with management targeting positive adjusted EBITDA by late 2024 or 2025.
Artificial intelligence (AI) stock SoundHound AI Inc (NASDAQ:SOUN) was last seen up 10% at $10.54, after Piper Sandler initiated coverage with an "overweight" rating and $12 price target.
SoundHound AI Inc. SOUN has experienced a remarkable 20.7% surge in its stock price since reporting its first-quarter 2025 earnings last week on May 8, outperforming the broader Zacks Computer & Technology sector's rise of 7.8% and the Zacks Computers - IT Services industry's increase of 4.2%. This uptick reflects growing investor confidence in the company's trajectory within the voice AI sector.
SoundHound AI investors who bought into its April lows have been rewarded with a remarkable recovery. Can it continue? The buying fervor lifting software stocks have also boosted buying sentiments on SOUN's AI thesis. Management kept its confidence in meeting adjusted EBITDA profitability by the end of 2025, assuring the market.
SoundHound's 151% year-over-year revenue growth and $1.2B backlog validate its AI edge, but the valuation demands flawless execution—this isn't a passive hold. Margin compression and SBC are real headwinds; monitor scaling and profitability closely before adding meaningfully. A small, high-conviction position (
For one, the current stock price isn't high enough to warrant a stock split. Are you ahead, or behind on retirement?