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SoundHound AI NasdaqGM:SOUN Stock Report

Last Price

US$3.78

Market Cap

US$1.2b

7D

-6.9%

1Y

67.3%

Updated

23 Apr, 2024

Data

Company Financials +

SOUN Stock Overview

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.

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$3.78
52 Week HighUS$10.25
52 Week LowUS$1.49
Beta0
1 Month Change-38.44%
3 Month Change98.95%
1 Year Change67.26%
3 Year Changen/a
5 Year Changen/a
Change since IPO-49.60%

Recent News & Updates

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

Recent updates

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-6.9%-5.4%-3.2%
1Y67.3%35.9%19.3%

Return vs Industry: SOUN exceeded the US Software industry which returned 35.9% over the past year.

Return vs Market: SOUN exceeded the US Market which returned 19.3% over the past year.

Price Volatility

Is SOUN's price volatile compared to industry and market?
SOUN volatility
SOUN Average Weekly Movement29.2%
Software Industry Average Movement8.0%
Market Average Movement6.0%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: SOUN's weekly volatility has increased from 19% to 29% over the past year.

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$1.17b
Earnings (TTM)-US$91.71m
Revenue (TTM)US$45.87m

25.5x

P/S Ratio

-12.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOUN income statement (TTM)
RevenueUS$45.87m
Cost of RevenueUS$11.31m
Gross ProfitUS$34.57m
Other ExpensesUS$126.28m
Earnings-US$91.71m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 09, 2024

Earnings per share (EPS)-0.30
Gross Margin75.35%
Net Profit Margin-199.92%
Debt/Equity Ratio299.3%

How did SOUN perform over the long term?

See historical performance and comparison
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