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SoundHound AI NasdaqGM:SOUN Stock Report

Last Price

US$6.36

Market Cap

US$2.4b

7D

-11.7%

1Y

185.2%

Updated

17 Nov, 2024

Data

Company Financials +

SOUN Stock Overview

Develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. More details

SOUN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

SoundHound AI, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SoundHound AI
Historical stock prices
Current Share PriceUS$6.36
52 Week HighUS$10.25
52 Week LowUS$1.62
Beta3.04
11 Month Change15.64%
3 Month Change28.48%
1 Year Change185.20%
33 Year Changen/a
5 Year Changen/a
Change since IPO-15.20%

Recent News & Updates

Recent updates

SoundHound AI, Inc. (NASDAQ:SOUN) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Nov 15
SoundHound AI, Inc. (NASDAQ:SOUN) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

SoundHound Q3: Switching Growth Lanes On AI Subscriptions

Nov 13

SoundHound AI, Inc.'s (NASDAQ:SOUN) 49% Jump Shows Its Popularity With Investors

Nov 09
SoundHound AI, Inc.'s (NASDAQ:SOUN) 49% Jump Shows Its Popularity With Investors

SoundHound: Amelia Integration Will Weigh On The Share Price

Oct 10

SoundHound: AI Spending Momentarily Sobering Up

Sep 03

News Flash: Analysts Just Made A Substantial Upgrade To Their SoundHound AI, Inc. (NASDAQ:SOUN) Forecasts

Aug 20
News Flash: Analysts Just Made A Substantial Upgrade To Their SoundHound AI, Inc. (NASDAQ:SOUN) Forecasts

Why Investors Shouldn't Be Surprised By SoundHound AI, Inc.'s (NASDAQ:SOUN) P/S

Aug 10
Why Investors Shouldn't Be Surprised By SoundHound AI, Inc.'s (NASDAQ:SOUN) P/S

SoundHound AI: Not Impressed By Amelia Deal

Aug 09

The Voice AI Market Could Be Worth $100 Billion, Pay Up For SoundHound AI

Aug 02

SoundHound AI: Still Frothy

Jul 11

SoundHound: A Strong, But Expensive AI Voice Play

Jul 01

SoundHound: The Valuation Is Not Sound

Jun 23

Robust SaaS Growth At SoundHound AI, But Risky Customer Concentration

Jun 01

SoundHound AI: Don't Chase AI Hype Following Q1 Earnings

May 10

SoundHound AI: Sounds Amazing, If We Forget Reality

Apr 15

SoundHound AI's Momentum Is Showing Weaknesses As Insiders Sell

Mar 24

Small Cap Nuance With Courage & Conviction Investing

Mar 04

SoundHound AI: Nvidia, SoftBank Investments Put Into Perspective

Feb 16

SoundHound AI, Inc.'s (NASDAQ:SOUN) Share Price Matching Investor Opinion

Feb 15
SoundHound AI, Inc.'s (NASDAQ:SOUN) Share Price Matching Investor Opinion

SoundHound AI: Growth Is Fading Away, Keep Clear

Jan 18

Why Investors Shouldn't Be Surprised By SoundHound AI, Inc.'s (NASDAQ:SOUN) 50% Share Price Surge

Apr 17
Why Investors Shouldn't Be Surprised By SoundHound AI, Inc.'s (NASDAQ:SOUN) 50% Share Price Surge

SoundHound AI, Inc. (NASDAQ:SOUN) Released Earnings Last Week And Analysts Lifted Their Price Target To US$4.23

Mar 10
SoundHound AI, Inc. (NASDAQ:SOUN) Released Earnings Last Week And Analysts Lifted Their Price Target To US$4.23

Newsflash: SoundHound AI, Inc. (NASDAQ:SOUN) Analysts Have Been Trimming Their Revenue Forecasts

Feb 10
Newsflash: SoundHound AI, Inc. (NASDAQ:SOUN) Analysts Have Been Trimming Their Revenue Forecasts

SoundHound AI: Expect To Be A Meaningful Winner In The AI Industry

Oct 13

Archimedes Completes SPAC Merger With SoundHound AI

Jun 01

Shareholder Returns

SOUNUS SoftwareUS Market
7D-11.7%-0.9%-2.1%
1Y185.2%24.3%30.2%

Return vs Industry: SOUN exceeded the US Software industry which returned 24.3% over the past year.

Return vs Market: SOUN exceeded the US Market which returned 30.2% over the past year.

Price Volatility

Is SOUN's price volatile compared to industry and market?
SOUN volatility
SOUN Average Weekly Movement12.3%
Software Industry Average Movement7.4%
Market Average Movement6.2%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: SOUN's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: SOUN's weekly volatility has decreased from 18% to 12% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2005260Keyvan Mohajerwww.soundhound.com

SoundHound AI, Inc. develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant. The company’s products also include CaiNET software that uses machine learning to enhance how domains work together to handle queries; CaiLAN software that arbitrates responses so users get answers from the right domain; Dynamic Interaction a real-time, multimodal customer service interface; Smart Ordering which offers an easy-to-understand voice assistant for restaurants; Employee Assist; automatic speech recognition; natural language understanding; wake words; custom domains; text-to-speech; and embedded voice solutions.

SoundHound AI, Inc. Fundamentals Summary

How do SoundHound AI's earnings and revenue compare to its market cap?
SOUN fundamental statistics
Market capUS$2.35b
Earnings (TTM)-US$111.07m
Revenue (TTM)US$67.30m

34.9x

P/S Ratio

-21.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOUN income statement (TTM)
RevenueUS$67.30m
Cost of RevenueUS$26.46m
Gross ProfitUS$40.84m
Other ExpensesUS$151.91m
Earnings-US$111.07m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.30
Gross Margin60.68%
Net Profit Margin-165.04%
Debt/Equity Ratio13.4%

How did SOUN perform over the long term?

See historical performance and comparison