SoundHound AI (NASDAQ: SOUN) has simply taken off in the past couple of years. Shares of the voice artificial intelligence (AI) solutions provider shot up a phenomenal 1,940% during this period thanks to the growing AI craze,
The stock erased early mild losses and SoundHound AI blistered the bears with a new high. Boeing made five-month highs.
In the third quarter (for the period ended Sept. 30), SoundHound AI posted revenue of $25.1 million, an 89% year-over-year increase. The company now serves more than 200 enterprise-level customers, showcasing its diversifying business mix. For the full year, SoundHound AI expects revenue of around $84 million, marking an 83% jump from 2023.
However, what goes up often comes down, but H.C. Wainwright analyst Scott Buck thinks SoundHound stock has enough fuel in the tank to climb higher. On Dec. 23, he raised his bank's price target to $26 per share and maintained his buy rating. The new target implies a gain of 19.5% from SoundHound's closing price on Dec. 22.
SoundHound AI stock is surging amid a day of strong momentum for meme stocks. Speculative growth plays are seeing a strong rebound on the heels of recent valuation volatility, and the conversational artificial intelligence ( AI) is also getting a boost from bullish analyst coverage.
SoundHound AI's (NASDAQ: SOUN) stock soared more than 940% over the past 12 months. The developer of speech and audio recognition tools dazzled investors with its accelerating growth and support from Nvidia,
SoundHound AI Inc (NASDAQ:SOUN) shares are trading lower Tuesday, pulling back from recent strength. The rally really accelerated in November when the company reported strong earnings. Here's what you need to know.
With shares rocketing higher so far this year, SoundHound AI (NASDAQ: SOUN) demonstrates the millionaire-making potential of stock market investing. Let's dig deeper to see if this artificial intelligence (AI) software stock still has gas left in the tank.
Nvidia (NASDAQ: NVDA) has become one of the most profitable investments in recent memory. Of course, the rise of artificial intelligence (AI) is the major reason why Nvidia's stock price has done so well.
SoundHound AI stock nabbed a price-target hike as a Wall Street analyst sees increasing demand for the company's conversational voice AI technology.
SoundHound AI (NASDAQ:SOUN) stock has been a major beneficiary of the market’s infatuation with all things AI. That is clearly evident in the
SoundHound AI (NASDAQ: SOUN) had a breakthrough in 2024 and is now a leader in the AI industry. CEO Keyvan Mohajer discusses the company's success, AI, and future plans.