$22.64
5.49% today
Nasdaq, Dec 30, 09:50 pm CET
ISIN
US8361001071
Symbol
SOUN

SoundHound AI Target price 2024 - Analyst rating & recommendation

SoundHound AI Classifications & Recommendation:

Buy
71%
Hold
29%

SoundHound AI Price Target

Target Price $14.36
Price $23.95
Deviation
Number of Estimates 7
7 Analysts have issued a price target SoundHound AI 2025 . The average SoundHound AI target price is $14.36. This is lower than the current stock price. The highest price target is , the lowest is .
A rating was issued by 7 analysts: 5 Analysts recommend SoundHound AI to buy, 2 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the SoundHound AI stock has an average upside potential 2025 of . Most analysts recommend the SoundHound AI stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 45.87 83.87
47.35% 82.84%
EBITDA Margin -134.60% -78.36%
58.78% 41.78%
Net Margin -321.97% -166.55%
63.32% 48.27%

6 Analysts have issued a sales forecast SoundHound AI 2024 . The average SoundHound AI sales estimate is

$83.9m
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. This is
24.62% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$84.7m 25.85%
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, the lowest is
$83.2m 23.60%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $45.9m 47.35%
2024
$83.9m 82.84%
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2025
$165m 97.20%
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2026
$202m 22.07%
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5 Analysts have issued an SoundHound AI EBITDA forecast 2024. The average SoundHound AI EBITDA estimate is

$-65.7m
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. This is
18.01% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$-60.7m 24.34%
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, the lowest is
$-70.7m 11.80%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $-61.7m 39.26%
2024
$-65.7m 6.45%
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2025
$-28.2m 57.14%
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2026
$5.1m 118.06%
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EBITDA Margin

2023 -134.60% 58.78%
2024
-78.36% 41.78%
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2025
-17.03% 78.27%
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2026
2.52% 114.80%
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6 SoundHound AI Analysts have issued a net profit forecast 2024. The average SoundHound AI net profit estimate is

$-140m
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. This is
5.09% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-133m 0.00%
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, the lowest is
$-151m 13.89%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-148m 45.95%
2024
$-140m 5.42%
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2025
$-94.8m 32.16%
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2026
$-70.2m 25.98%
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Net Margin

2023 -321.97% 63.32%
2024
-166.55% 48.27%
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2025
-57.30% 65.60%
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2026
-34.75% 39.35%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -0.40 -0.38
45.95% 5.00%
P/E negative
EV/Sales 104.49

6 Analysts have issued a SoundHound AI forecast for earnings per share. The average SoundHound AI <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-0.38
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. This is
5.56% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$-0.36 0.00%
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, the lowest is
$-0.41 13.89%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-0.40 45.95%
2024
$-0.38 5.00%
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2025
$-0.26 31.58%
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2026
$-0.19 26.92%
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P/E ratio

Current -66.09 1,391.87%
2024
-63.30 4.22%
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2025
-93.31 47.41%
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2026
-126.05 35.09%
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Based on analysts' sales estimates for 2024, the SoundHound AI stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

104.49
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of
105.59
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.

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 130.22 858.91%
2024
104.49 19.76%
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2025
52.99 49.29%
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2026
43.41 18.08%
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P/S ratio

Current 131.58 884.17%
2024
105.59 19.76%
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2025
53.54 49.29%
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2026
43.86 18.08%
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