SoundHound AI Is the Most Undervalued Artificial Intelligence (AI) Stock to Buy Now [Yahoo! Finance]
SoundHound AI, Inc. (SOUN)
Company Research
Source: Yahoo! Finance
Despite its negative earnings and eyebrow-raising valuation ratios, SoundHound AI stands out as a diamond in the rough. The voice-control specialist's stock is currently down by a significant margin from its previous highs, but don't let that discourage you. Here's why I see a big future for this little artificial intelligence (AI) powerhouse, and why I'd still call it "undervalued" today. A closer look at SoundHound AI SoundHound AI focuses on voice AI and conversational intelligence technologies , fields that are becoming increasingly vital in our tech-driven world. With a backlog of long-term contracts totaling a whopping $682 million, this company has a clear path to future income that seems largely ignored by the current market price. Yes, the stock has more than doubled from early February, when AI giant Nvidia (NASDAQ: NVDA) announced a small investment in SoundHound AI stock. But it stands far below the nearly $14 peak price recorded shortly after the initial public off
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SOUN
News
- Nvidia Owns 4 Artificial Intelligence (AI) Stocks, and These 2 Have Soared the Most [Yahoo! Finance]Yahoo! Finance
- Can SoundHound AI Break the Hot Start Curse in 2024? [Yahoo! Finance]Yahoo! Finance
- 1 Growth Stock Down 56% to Buy Right Now [Yahoo! Finance]Yahoo! Finance
- Nvidia Among Biggest Stock Market Winners In 2024, But This Is No. 1 [Yahoo! Finance]Yahoo! Finance
- Looking for a Home-Run Artificial Intelligence (AI) Investment? Consider This AI Stock That Nvidia Is Investing In. [Yahoo! Finance]Yahoo! Finance
SOUN
Earnings
- 5/9/24 - Beat
SOUN
Sec Filings
- 7/1/24 - Form 4
- 7/1/24 - Form 4
- 6/27/24 - Form 8-K
- SOUN's page on the SEC website