SoundHound AI (SOUN) has seen its stock tumble more than 40% so far in 2025, raising concerns among investors. Nonetheless, SOUN stock still remains in the spotlight, driven by the growing interest of investors in the voice AI space. While Wall Street analysts hold a moderately positive outlook, the stock’s potential for price gains appears limited for now.
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SoundHound’s Bullish Case
Many optimistic voices argue that the company could grow at a much faster pace than most anticipate. SoundHound started 2025 strong, with Q1 revenue up 151% year-over-year to $29.1 million, reflecting rising demand for voice AI. Its subscription model offers steady income, a plus in today’s volatile market.
The company also benefits from a diverse customer base, with no single client making up over 10% of revenue, reducing risk and showing broad industry adoption.
Looking ahead, the company could benefit from the rising demand for voice technology. Whether it’s making in-car systems smarter or helping fast-food chains take orders more easily, SoundHound has many chances to grow. Notably, the company will announce its second-quarter results on August 7.
Wall Street Stays Upbeat
Among the bullish analysts, H.C. Wainwright analyst Scott Buck predicts more than 50% upside for SOUN stock. Buck believes that SoundHound’s efforts to help small and medium businesses work more efficiently and save money could help the company handle tough economic times.
Additionally, he added that with $246 million in cash, the company has a solid base to explore acquisitions and support future growth. Despite some economic uncertainty, Buck remains confident in the company’s organic growth potential, with a price target of $18.
Within this context, TipRanks’ Bulls Say, Bears Say tool offers a snapshot of analysts’ views, highlighting both bullish and bearish factors surrounding the stock. A reference screenshot is provided below.
Is SOUN a Good Stock to Buy?
According to TipRanks, SOUN stock has received a Moderate Buy consensus rating, with three Buys and four Holds assigned in the last three months. The SoundHound’s stock price target is $11.50, suggesting a potential upside of 0.44% from the current level.
