SoundHound AI Stock News

SoundHound AI NASDAQ: SOUN will advance by triple digits in 2025 because it is the leading play on conversational AI. The company is well-positioned in a world where AI is rapidly advancing and AI-enabled services are expected to dominate, providing a suite of services and apps that connect brands of all varieties with people meaningfully.

SoundHound AI, Inc. went public during the COVID-era de-SPAC boom and the share price has been on a roller coaster ride over these last 30 months. The company is funding growth through acquisitions and now trades at 16x forward sales assuming management meets the top of its forward guidance range. With a virtually non-existent liquidation value, I don't see much reason to overpay for SOUN share...

SoundHound AI's Q3 revenue hit a record $89 million, driven by robust AI spending and successful acquisitions boosting subscription revenue. I am now bullish on SoundHound, upgrading it to a Buy rating due to promising results and strong subscription growth. Despite gross margin declines, SoundHound aims for adjusted EBITDA profitability by 2025 through cost synergies and backend tech integrati...

SoundHound AI shares dropped after a steep really in recent days. Nvidia revealed that it had invested in the company earlier this year.

SoundHound AI, Inc. (NASDAQ:SOUN ) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Scott Smith - Head, IR Keyvan Mohajer - CEO Nitesh Sharan - CFO Conference Call Participants Gil Luria - D.A. Davidson Scott Buck - H.C.

The voice-based AI company is becoming less concentrated, as its top customer made up a far lower portion of overall revenue relative to a year before.

SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today reported its financial results for the third quarter 2024. “This is SoundHound's largest quarter on record as the company takes its first steps into important new verticals. Our increased scale, combined with incredible market enthusiasm for conversational AI, is all...

SoundHound stock has surged ahead of the company's Q3 report as investors bet on continued adoption of its conversational AI technology. The post SoundHound AI Stock On Wild Ride Ahead Of Q3 Report appeared first on Investor's Business Daily.