$6.36
4.07% yesterday
Nasdaq, Nov 15, 10:20 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 $8.07
Price $6.36
Potential
Number of Estimates 7
7 Analysts have issued a price target SoundHound AI 2025 . The average SoundHound AI target price is $8.07. This is higher 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 83.73
47.35% 82.54%
EBITDA Margin -134.60% -76.12%
57.32% 43.45%
Net Margin -321.97% -159.37%
53.20% 50.50%

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

$83.7m
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. This is
24.42% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$85.0m 26.30%
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, the lowest is
$81.1m 20.51%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $45.9m 47.35%
2024
$83.7m 82.54%
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2025
$162m 93.50%
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2026
$202m 24.60%
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6 Analysts have issued an SoundHound AI EBITDA forecast 2024. The average SoundHound AI EBITDA estimate is

$-63.7m
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. This is
20.49% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$-53.8m 32.88%
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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 37.12%
2024
$-63.7m 3.23%
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2025
$-29.0m 54.54%
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2026
$5.1m 117.56%
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EBITDA Margin

2023 -134.60% 57.32%
2024
-76.12% 43.45%
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2025
-17.88% 76.51%
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2026
2.52% 114.09%
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7 SoundHound AI Analysts have issued a net profit forecast 2024. The average SoundHound AI net profit estimate is

$-133m
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. This is
0.40% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-111m 16.66%
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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 31.03%
2024
$-133m 9.64%
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2025
$-86.5m 35.18%
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2026
$-70.2m 18.90%
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Net Margin

2023 -321.97% 53.20%
2024
-159.37% 50.50%
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2025
-53.39% 66.50%
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2026
-34.75% 34.91%
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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 -0.36
31.03% 10.00%
P/E negative
EV/Sales 26.15

7 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

$-0.36
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. This is
0.00% 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
$-0.30 16.67%
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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 31.03%
2024
$-0.36 10.00%
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2025
$-0.23 36.11%
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2026
$-0.19 17.39%
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P/E ratio

Current -17.55 361.84%
2024
-17.60 0.28%
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2025
-27.15 54.26%
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2026
-33.47 23.28%
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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

26.15
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of
27.25
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.

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

EV/Sales

Current 32.54 1,551.78%
2024
26.15 19.63%
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2025
13.52 48.32%
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2026
10.85 19.74%
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P/S ratio

Current 33.90 1,831.46%
2024
27.25 19.62%
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2025
14.08 48.32%
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2026
11.30 19.74%
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