SoundHound price target raised to $26 from $18 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on SoundHound (SOUN) to $26 from $18 and keeps a Buy rating on the shares. The firm sees “material outperformance” of the shares as likely over the coming months, with the Q3 results in November serving as a potential catalyst. SoundHound’s 2026 Street revenue forecasts do not include any contribution from the recent acquisition of Interactions Corporation, which should contribute materially in 2026, the analyst tells investors in a research note.