SoundHound AI: High-Growth Contender Poised To Dominate The Voice AI Market [Seeking Alpha]
SoundHound AI, Inc. (SOUN)
Company Research
Source: Seeking Alpha
SoundHound AI's explosive revenue growth, strategic acquisitions, and debt-free balance sheet position it as a compelling investment in the AI-driven voice and conversational intelligence market. The company's integration with major automotive brands and restaurant chains, along with a $723 million backlog, underscores its strong market penetration and future revenue potential. Despite temporary margin contractions due to recent acquisitions, SOUN's financial metrics are improving, with a clear pathway to profitability by early 2025. While currently overvalued, SoundHound's unique focus and high growth prospects make it a high-reward play, with significant upside potential over the next 12 to 18 months. Editor's note: Seeking Alpha is proud to welcome Saira Quraishi as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click
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
- Is It Too Late to Buy SoundHound AI Stock? [Yahoo! Finance]Yahoo! Finance
- Nvidia Just Made a 147% Profit Betting on This AI Stock [Yahoo! Finance]Yahoo! Finance
- SoundHound AI, Inc. (NASDAQ: SOUN) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $7.00 price target on the stock.MarketBeat
- Is Trending Stock SoundHound AI, Inc. (SOUN) a Buy Now? [Yahoo! Finance]Yahoo! Finance
- Where Will SoundHound AI Be in 3 Years? [Yahoo! Finance]Yahoo! Finance
SOUN
Earnings
- 8/8/24 - Beat
SOUN
Sec Filings
- 8/22/24 - Form 4
- 8/9/24 - Form 10-Q
- 8/8/24 - Form 8-K
- SOUN's page on the SEC website