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SoundHound AI - SOUN Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $9.50
  • Forecasted Upside: -56.32%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$21.75 As of 12/20/2024 06:45 PM ET
▲ +2.9 (15.38%)

This chart shows the closing price for SOUN by one month, three months, or twelve months.

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Analyst Price Target for SOUN

Analyst Price Target is $9.50
▼ -56.32% Downside Potential
This price target is based on 7 analysts offering 12 month price targets for SoundHound AI in the last 3 months. The average price target is $9.50, with a high forecast of $22.00 and a low forecast of $6.00. The average price target represents a -56.32% upside from the last price of $21.75.

This chart shows the closing price for SOUN for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 7 polled investment analysts is to moderate buy stock in SoundHound AI. This rating has held steady since February 2024, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/30/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/28/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/27/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/24/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/22/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
11/21/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
12/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/16/2024WedbushBoost TargetOutperform ➝ Outperform$10.00 ➝ $22.00
11/14/2024HC WainwrightBoost TargetBuy ➝ Buy$7.00 ➝ $8.00
11/13/2024BarclaysReiterated RatingBuy ➝ Neutral$7.00 ➝ $7.00
11/13/2024LADENBURG THALM/SH SHReiterated RatingBuy ➝ Neutral$7.00 ➝ $7.00
9/30/2024DA DavidsonReiterated RatingBuy ➝ Buy$9.50 ➝ $9.50
9/26/2024WedbushReiterated RatingOutperform ➝ Outperform$9.00 ➝ $9.00
9/18/2024HC WainwrightReiterated RatingBuy ➝ Buy$7.00 ➝ $7.00
8/12/2024HC WainwrightReiterated RatingBuy ➝ Buy$7.00 ➝ $7.00
8/9/2024Northland SecuritiesBoost TargetMarket Perform ➝ Market Perform$5.50 ➝ $6.00
8/9/2024WedbushReiterated RatingOutperform ➝ Outperform$9.00 ➝ $9.00
8/9/2024Cantor FitzgeraldUpgradeNeutral ➝ Overweight$5.00 ➝ $7.00
7/29/2024HC WainwrightReiterated RatingBuy ➝ Buy$7.00 ➝ $7.00
5/13/2024HC WainwrightReiterated RatingBuy ➝ Buy$7.00
5/10/2024WedbushReiterated RatingOutperform ➝ Outperform$9.00
4/11/2024Cantor FitzgeraldUpgradeUnderweight ➝ Neutral$4.90
3/20/2024Cantor FitzgeraldReiterated RatingOverweight ➝ Underweight$5.80 ➝ $4.90
3/15/2024DA DavidsonBoost TargetBuy ➝ Buy$7.50 ➝ $9.50
3/4/2024HC WainwrightBoost TargetBuy ➝ Buy$5.00 ➝ $7.00
3/1/2024Cantor FitzgeraldBoost TargetOverweight ➝ Overweight$3.60 ➝ $5.80
3/1/2024WedbushBoost TargetOutperform ➝ Outperform$5.00 ➝ $9.00
3/1/2024DA DavidsonBoost TargetBuy ➝ Buy$5.00 ➝ $7.50
2/28/2024Northland SecuritiesReiterated RatingOutperform ➝ Market Perform
1/30/2024LADENBURG THALM/SH SHInitiated CoverageBuy$4.00
12/11/2023HC WainwrightReiterated RatingBuy ➝ Buy$5.00
11/10/2023Cantor FitzgeraldLower TargetOverweight ➝ Overweight$4.20 ➝ $3.60
9/26/2023DA DavidsonInitiated CoverageBuy$5.00
9/5/2023HC WainwrightInitiated CoverageBuy$5.00
8/9/2023Cantor FitzgeraldLower TargetOverweight ➝ Overweight$6.20 ➝ $4.20
6/21/2023Cantor FitzgeraldBoost Target$2.80 ➝ $6.20
5/12/2023Cantor FitzgeraldLower Target$3.20 ➝ $2.80
3/8/2023Cantor FitzgeraldBoost Target$1.60 ➝ $3.20
1/6/2023Northland SecuritiesLower Target$6.00 ➝ $4.50
11/30/2022Cantor FitzgeraldUpgradeNeutral ➝ Overweight
11/17/2022Northland SecuritiesLower Target$6.00
7/1/2022Cantor FitzgeraldInitiated CoverageNeutral$3.00
6/28/2022WedbushInitiated CoverageOutperform$7.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

0.82 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 50 very positive mentions
  • 32 positive mentions
  • 8 negative mentions
  • 1 very negative mentions
Mentions as of
5/25/2024
  • 29 very positive mentions
  • 20 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 44 very positive mentions
  • 32 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 26 very positive mentions
  • 43 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
8/23/2024
  • 27 very positive mentions
  • 33 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 37 very positive mentions
  • 30 positive mentions
  • 1 negative mentions
  • 2 very negative mentions
Mentions as of
10/22/2024
  • 24 very positive mentions
  • 50 positive mentions
  • 8 negative mentions
  • 3 very negative mentions
Mentions as of
11/21/2024
  • 85 very positive mentions
  • 66 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 85 very positive mentions
  • 66 positive mentions
  • 3 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

SoundHound AI logo
SoundHound AI, Inc. develops independent voice artificial intelligence (AI) solutions that enables businesses across automotive, TV, and IoT, and to customer service industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI that integrates with knowledge domains, pulling real-time data like weather, sports, stocks, flight status, and restaurants; and SoundHound Smart Answering is built to offer customer establishments custom AI-powered voice assistant. The company's products also include CaiNET software that uses machine learning to enhance how domains work together to handle queries; CaiLAN software that arbitrates responses so users get answers from the right domain; Dynamic Interaction a real-time, multimodal customer service interface; Smart Ordering which offers an easy-to-understand voice assistant for restaurants; Employee Assist; automatic speech recognition; natural language understanding; wake words; custom domains; text-to-speech; and embedded voice solutions. The company was founded in 2005 and is headquartered in Santa Clara, California.
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Today's Range

Now: $21.75
Low: $17.12
High: $21.87

50 Day Range

MA: $9.01
Low: $4.98
High: $21.75

52 Week Range

Now: $21.75
Low: $1.62
High: $24.08

Volume

114,643,531 shs

Average Volume

40,477,391 shs

Market Capitalization

$8.04 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

3.03

Frequently Asked Questions

What sell-side analysts currently cover shares of SoundHound AI?

The following Wall Street research analysts have issued reports on SoundHound AI in the last year: Barclays PLC, Cantor Fitzgerald, DA Davidson, HC Wainwright, LADENBURG THALM/SH SH, Northland Securities, and Wedbush.
View the latest analyst ratings for SOUN.

What is the current price target for SoundHound AI?

0 Wall Street analysts have set twelve-month price targets for SoundHound AI in the last year. Their average twelve-month price target is $9.50, suggesting a possible downside of 56.3%. Wedbush has the highest price target set, predicting SOUN will reach $22.00 in the next twelve months. Northland Securities has the lowest price target set, forecasting a price of $6.00 for SoundHound AI in the next year.
View the latest price targets for SOUN.

What is the current consensus analyst rating for SoundHound AI?

SoundHound AI currently has 3 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for SOUN.

What other companies compete with SoundHound AI?

Other companies that are similar to SoundHound AI include Samsara, Zoom Video Communications, PTC, Check Point Software Technologies and Pinterest. Learn More about companies similar to SoundHound AI.

How do I contact SoundHound AI's investor relations team?

SoundHound AI's physical mailing address is 2093 PHILADELPHIA PIKE #1968, CLAYMONT DE, 19703. The company's listed phone number is 408-441-3200 and its investor relations email address is [email protected]. The official website for SoundHound AI is www.soundhound.com. Learn More about contacing SoundHound AI investor relations.