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Stock impact report

SoundHound AI, Inc. (SOUN) Laps the Stock Market: Here's Why [Yahoo! Finance]

SoundHound AI, Inc. (SOUN) 
Company Research Source: Yahoo! Finance
This change outpaced the S&P 500's 0.4% gain on the day. Elsewhere, the Dow saw an upswing of 0.62%, while the tech-heavy Nasdaq appreciated by 0.6%. Shares of the company have appreciated by 0.82% over the course of the past month, underperforming the Computer and Technology sector's gain of 0.91% and the S&P 500's gain of 1.71%. Analysts and investors alike will be keeping a close eye on the performance of SoundHound AI, Inc. in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of -$0.08, marking a 11.11% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $23.68 million, indicating a 78.47% upward movement from the same quarter last year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.36 per share and a revenue of $82.59 million, indicating changes of +5.26% and +80.05%, respectively, from the former year. Investors mi Show less Read more
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