Analyst Says This “Most Undervalued” AI Stock Can Reach a $1 Trillion Valuation [Yahoo! Finance]
SoundHound AI, Inc. (SOUN)
Company Research
Source: Yahoo! Finance
Cantor Fitzgerald upgraded SoundHound AI from a "neutral" rating to an "overweight" rating and increased their target price for the company from $5 to $7. That was back in August. More recently, H.C. Wainwright analyst Scott Buck raised his price target to $8 from $7 and some price targets go up to $10. SOUN stock currently trades at $6.4 as of writing. In fact, one analyst has floated the idea of SoundHound reaching a $1 trillion market cap in the coming decades. Jon Swartz on Techstrong wrote : "...disembodied voices are greeting them [customers] via menu booths and over smartphones. It's a fledgling market lorded over by SoundHound AI Inc., a publicly traded company backed by NVIDIA Corp. and partnering with Perplexity that some analysts breathlessly predict could top a $1 trillion valuation by 2050." The Motley Fool has also called SoundHound AI the "most undervalued AI stock." However, it's wiser to take such long-shot predictions with a hefty grain of salt. Being realis
Show less
Read more
Impact Snapshot
Event Time:
SOUN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SOUN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SOUN alerts
High impacting SoundHound AI, Inc. news events
Weekly update
A roundup of the hottest topics
SOUN
News
- 3 Top Tech Stocks That Could Make You a Millionaire [Yahoo! Finance]Yahoo! Finance
- Nvidia Has $71 Million Invested in These Smaller-Cap AI Stocks [Yahoo! Finance]Yahoo! Finance
- Why SoundHound AI Stock Was Racing Higher on Thursday [Yahoo! Finance]Yahoo! Finance
- Is This a Sign That SoundHound AI Is Becoming a Safer Stock to Buy? [Yahoo! Finance]Yahoo! Finance
- SoundHound's Conversational AI Agents Drive Nearly 20% Productivity Increase at Apivia Courtage Contact Centers [Yahoo! Finance]Yahoo! Finance
SOUN
Earnings
- 11/12/24 - Beat
SOUN
Sec Filings
- 11/22/24 - Form 144
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- SOUN's page on the SEC website