SoundHound AI has been one of the best-performing stocks on the market in the past year, registering stunning gains of 936% as of this writing, thanks to a combination of factors. SoundHound took off big time in February last year after it emerged that artificial intelligence (AI) giant Nvidia has a small stake in the company.
In SoundHound AI's conference call, management made the bold projection that its revenue would double in 2025. Additionally, it expects to reach EBITDA profitability by the end of 2025, which is a key milestone in achieving net income profitability. These projections ignited a massive run-up in SoundHound AI's stock, but is it still worth buying?
SoundHound's growth is stunted amid competition and losses. Learn why SOUN stock may drop as AI-driven hype fades and fundamentals prevail.
While the business is growing, SoundHound AI has a low revenue volume and no profits. Read why I have downgraded SOUN stock to a Sell.
SoundHound AI Inc.'s (NASDAQ: SOUN) shares are trading lower today potentially from continued momentum due to sector-wide challenges.
While SoundHound AI's big drop may tempt value hunters, a potentially smarter proposition calls for a wager on rising volatility.
SoundHound AI, a maker of conversational AI voice technology, on Tuesday unveiled the first-ever in-vehicle voice commerce platform at the CES 2025 tech trade show. The SoundHound platform will allow drivers and passengers to order takeout for pick-up directly from the car's infotainment system just by speaking.
Although Nvidia invested a mere $3.7 million in voice-AI start-up SoundHound AI (NASDAQ: SOUN) about a year ago, that investment put SoundHound squarely on the map as a potential AI winner. After making several accretive acquisitions and racking up an impressive customer list,
Want to know where SoundHound AI stock is heading? For reference, a company's gross profit margin is calculated by subtracting the cost to produce its goods from revenue and then dividing that number by the overall sales figure.
So much of the technology showcased at CES includes gadgets made to improve consumers’ lives – whether by leveraging AI to make devices that help people become more efficient, by creating companions to cure loneliness or by providing tools that help people with mental and physical health.
We recently published a list of 10 Firms Mirror Wall Street Decline. In this article, we are going to take a look at where SoundHound AI, Inc.