Piper Sandler analyst James Fish lowered the firm’s price target on SoundHound (SOUN) to $9 from $11 and keeps a Neutral rating on the shares. Taking a step-back, this was a relatively mixed quarter that saw mostly inline revenue, a profitability miss, and a guide higher than expected but concerns around the required go-gets / M&A to bridge the gap there given the current run-rate of the business, the firm notes.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SOUN:
- SoundHound reports Q4 EPS (2c), consensus (2c)
- SoundHound sees 2026 revenue $225M-$260M, consensus $230.17M
- SOUN Earnings: SoundHound Stock Drops after Topping Q4 Estimates
- SoundHound AI options imply 9.8% move in share price post-earnings
- ‘Here’s Your Chance,’ Says Investor About SoundHound AI Stock