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SoundHound AI, Inc Class A (SOUN)
NASDAQ:SOUN
RESEARCH TOOLSreports
Holding SOUN?
Track your performance easily
SOUN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.49 - $10.25
Previous Close$4.76
Volume7.22M
Average Volume (3M)23.52M
Market Cap
$1.71B
Enterprise Value$1.51B
Total Cash (Recent Filing)$200.16M
Total Debt (Recent Filing)$4.52M
Price to Earnings (P/E)―
Beta1.64
Next Earnings
Nov 07, 2024EPS Estimate
-$0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.39
Shares Outstanding358,732,685
10 Day Avg. Volume10,129,120
30 Day Avg. Volume23,524,678
Standard Deviation0.72
R-Squared0.05
Alpha0.07
Financial Highlights & Ratios
Price to Book (P/B)7.74
Price to Sales (P/S)30.78
Price to Cash Flow (P/CF)-23.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue27.26
Enterprise Value/Gross Profit43.74
Enterprise Value/Ebitda-16.38
Forecast
1Y Price Target
$7.25Price Target Upside51.04% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
SoundHound AI, Inc Class A News
Bulls Say, Bears Say
Bulls Say
Market ExpansionThere are substantial opportunities in the automotive and IoT segments, suggesting a strong revenue potential.
Revenue PerformanceRevenue of $11.6M exceeded the forecast, showing strong demand for the company's Voice AI services.
Strategic PartnershipsAny increase in Nvidia's stake in SoundHound could result in renewed optimism in shares, representing an upside risk.
Bears Say
CompetitionSoundHound's business model opaqueness and growing competition from big tech could apply further pressure on its valuation multiple.
Investor InterestSoundHound's exposure to AI and being a low-price stock has helped it generate meaningful retail investor interest over the past year, which appears to be waning.
ProfitabilityProfitability timeline is likely pushed from 4Q24 into 2025 due to continued investments in growth.
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Ownership Overview
7.66% Insiders
7.63% Mutual Funds
15.20% Other Institutional Investors
69.50% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SOUN FAQ
What was SoundHound AI, Inc Class A’s price range in the past 12 months?
SoundHound AI, Inc Class A lowest stock price was $1.49 and its highest was $10.25 in the past 12 months.
What is SoundHound AI, Inc Class A’s market cap?
Currently, no data Available
When is SoundHound AI, Inc Class A’s upcoming earnings report date?
SoundHound AI, Inc Class A’s upcoming earnings report date is Nov 07, 2024 which is in 49 days.
How were SoundHound AI, Inc Class A’s earnings last quarter?
SoundHound AI, Inc Class A released its earnings results on Aug 08, 2024. The company reported -$0.11 earnings per share for the quarter, missing the consensus estimate of -$0.088 by -$0.022.
Is SoundHound AI, Inc Class A overvalued?
According to Wall Street analysts SoundHound AI, Inc Class A’s price is currently Undervalued.
Does SoundHound AI, Inc Class A pay dividends?
SoundHound AI, Inc Class A does not currently pay dividends.
What is SoundHound AI, Inc Class A’s EPS estimate?
SoundHound AI, Inc Class A’s EPS estimate is -$0.07.
How many shares outstanding does SoundHound AI, Inc Class A have?
SoundHound AI, Inc Class A has 325,997,280 shares outstanding.
What happened to SoundHound AI, Inc Class A’s price movement after its last earnings report?
SoundHound AI, Inc Class A reported an EPS of -$0.11 in its last earnings report, missing expectations of -$0.088. Following the earnings report the stock price went down -6.526%.
Which hedge fund is a major shareholder of SoundHound AI, Inc Class A?
Among the largest hedge funds holding SoundHound AI, Inc Class A’s share is Gotham Asset Management LLC. It holds SoundHound AI, Inc Class A’s shares valued at 153K.
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SoundHound AI, Inc Class A Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$7.25 (51.04% Upside)
$7.25 (51.04% Upside)
Blogger Sentiment
Bullish
SOUN Sentiment 84%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 1.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $746.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.0%
Last 30 Days <0.1%
Last 30 Days <0.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
123.47%
12-Months-Change
Fundamentals
Return on Equity
-82.62%
Trailing 12-Months
Asset Growth
69.23%
Trailing 12-Months
Company Description
SoundHound AI, Inc Class A
SoundHound AI Inc is an innovator of conversational intelligence, offering an independent Voice AI platform that enables businesses across industries to deliver high-quality conversational experiences to customers.
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SOUN Earnings Call
Q2 2024
0:00 / 0:00
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SOUN Stock 12 Month Forecast
Average Price Target
$7.25
▲(51.04% Upside)
Technical Analysis
Best Analysts Covering SOUN
1 Year
1 Year Success Rate
9/10 ratings generated profit
1 Year Average Return
+130.26%
upgraded a buy rating last month
Copying Brett Knoblauch's trades and holding each position for 1 Year would result in 90.00% of your transactions generating a profit, with an average return of +130.26% per trade.
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